Industry News
LONDON (BRAIN) — Investcorp has agreed to buy Dainese, the Italian protective gear maker, from Lino Dainese for €130 million ($162 million). Mr. Dainese will retain a minority stake in the business alongside Investcorp.
BOULDER, Colo. (BRAIN) — Polar Bottle's parent company, Product Architects, Inc., has created and filled two new positions in its operations department.
Ken Austin joins the Boulder-based company as director of operations and Tracy Lindsey becomes the company's first purchasing agent.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Kenji Haroutunian, Outdoor Retailer’s veteran show director, has been let go by Emerald Expositions, Haroutunian told BRAIN on Wednesday.
LAGUNA HILLS, Calif. (BRAIN) — Is Detroit now a biking city?
Maybe not quite, but on a recent visit to the Motor City, BRAIN's Val Vanderpool found a surprisingly vibrant bike scene, with well attended group rides, thriving retail operations and a growing array of industry suppliers.
SAN DIEGO (BRAIN) — The National Bicycle Tourism Conference begins a three-day series of seminars Thursday that takes a look at the growing interest in bicycle tourism and organized event rides.
TAICHUNG, Taiwan (BRAIN) — Walk into the Splendor Hotel, and it is hard to believe that Taichung Bike Week organizer Steve Fenton promised last year to cut the show back in size. The show is almost a third larger this year, yet the 430 exhibitors say the intimate feel of the event remains intact.
LAKE FOREST, Calif. (BRAIN) — Torcano Industries has become the exclusive U.S. distributor for Funkier Bike Apparel.
"We at Funkier Bike Apparel are very pleased to partner with an innovative, passionate partner in Torcano Industries," said Kevin Tuttle, Funkier USA director.
SAN DIEGO (BRAIN) — Aerodynamic triathlon accessory company XLAB has hired Anthony Thomas to lead sales and distribution efforts. As global sales manager, Thomas will focus on market analysis, brand positioning, and strategy execution, the company said.
SCOTTS VALLEY, Calif. (BRAIN) — Giro Sport Design has promoted two veterans and added one new hire in its marketing department.
OSAKA, Japan (BRAIN) — When the Bank of Japan announced a massive new stimulus program Friday, world stock markets jumped and the yen dropped to its lowest point since early 2008. But the news is unlikely to change Shimano Inc.’s financial forecast for the remainder of the year.
EUGENE, Ore. (BRAIN) — Rolf Prima has launched a new website, www.rolfprima.com, featuring a fresh look and new tools designed to better direct customers to their ideal wheel.
WASHINGTON (BRAIN) — Almost 143 million Americans, or 49.2 percent of the U.S. population, participated in an outdoor activity at least once in 2013, according to the Outdoor Foundation’s 2014 Outdoor Recreation Participation Report.
LANSING, Mich. (BRAIN) — The League of Michigan Bicyclists (LMB) has named John Lindenmayer executive director as current leader Rich Moeller will retire after nine years with the advocacy group. Lindenmayer, LMB’s advocacy and policy director, assumes the new post Jan. 1, 2015.
CHARLESTON, S.C. (BRAIN) — New World Consumer Products LLC, a maker of nutritional products and supplements, has brought aboard world champion cyclist Mike King as a brand ambassador for the company’s flagship product, XRCEL sports performance fuel.
MILAN, Italy (BRAIN) — Luxottica Group SpA, parent of optical brands including Oakley and Ray Ban, reported this week that third-quarter net income rose 10 percent to 162 million euros ($204 million) fueled in part by strong sales growth of more than 30 percent in emerging markets including China, Brazil, India and
BERN, Switzerland (BRAIN) — The World Federation of the Sporting Goods Industry (WFSGI) has elected ISM Saddles’ Dave Schindler and Selle Italia’s Piet van der Velde chairpersons of the organization’s new Bicycle Saddle Committee.
WASHINGTON (BRAIN) — Cane Creek Cycling Components is working with the U.S. Consumer Product Safety Commission to recall about 5,000 DBinline rear shocks sold in the U.S. because the shocks are marked with graphics that incorrectly identify the adjustment directions for high-speed rebound damping.
Editor's note: The case referenced in the article below was dismissed with prejudice on Sept. 1, 2015.
RICHMOND, Victoria, Australia — Knog has enlisted Channel IQ’s services to “regain some control over the integrity of pricing” online, the Australian light and lock brand said in a release.
DENVER (BRAIN) — The 2014 USA Pro Challenge stage in August brought $130 million in spending to its home state of Colorado, according to a study by sports research firm Sponsorship Science. The USA Pro Challenge commissioned the study.
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