Industry News

SAN DIEGO, CA (BRAIN) — Falconhead Capital, the owner of Competitor Group Inc., has sold the company to another venture capital group, Calera Capital Partners according to reports.

Tagged Mergers, Acquisitions & Investments / Media/Publishing / Events
Change Cycling Now looks to reform pro cycling and the UCI

LONDON, United Kingdom (BRAIN) — Tour de France hero Greg LeMond is the latest to join the self-described "global pressure group" Change Cycling Now, which is holding its first meeting and press conference in London this weekend. The group was formed after the Lance Armstrong doping scandal broke and is pushing for changes to professional cycling in general and at the the international cycling union UCI in particular.

Tagged Racing & Sponsorship

HAYWARD, CA (BRAIN) — Bianchi has recently relocated its U.S. headquarters to a larger warehouse and office space in Hayward, California, not far from the company's previous location.

DUARTE, CA (BRAIN) — Dahon has added a Russian distributor, Veloolimp Ltd., for its folding bikes. 

Tagged Distributor news

CHICAGO, IL (BRAIN) — SRAM is adding to its marketing muscle with the hires of Elayna Caldwell and Chris Zigmont. Each will be making the move to Chicago as they take on their new roles next January. 

Austin McInerny

BERKELEY, CA (BRAIN) — The board of directors for the nonprofit that runs high school cycling leagues has shuffled the organization’s top-paid position, replacing recent executive director hire Doug Selee with Austin McInerny, a seasoned member of the National Interscholastic Cycling Association, or NICA.

Jessica Ginster

MILWAUKEE, WI (BRAIN) — The Wisconsin Bike Fed has hired Jessica Ginster as development director. 

Ginster will provide strategic direction in developing donor relations and expanding the Bike Fed’s presence, impact and funding statewide. 

The GoToob

SAN FRANCISCO, CA (BRAIN) — QBP is now distributing products by humangear, inc., a San Francisco company whose products include the GoToob, a soft silicone squeeze bottle.

Tagged Distributor news

SUN VALLEY, IDAHO (BRAIN)—Terry Duran has stepped down as the national sales manager for Scott Sports’ U.S. bicycle division. It’s a role Duran had held since it was created in January 2011.

NEW YORK CITY, NY (BRAIN) — Giant USA is donating 100 bikes to people in the New York City areas hit hardest by post-tropical storm Sandy.

The company is working with Transportation Alternatives and Recycle-A-Bicycle to improve mobility among residents in the stricken areas.

Tagged Advocacy/Non-profits

PHILADELPHIA, PA (BRAIN) — Versa Capital Management LLC has purchased New Hampshire-based Eastern Mountain Sports, a 69-store retail chain.

Tagged Mergers, Acquisitions & Investments
In a twist, the consumer show adds a trade-only day

ATHENS, GA (BRAIN) – Organizers of the Southeast Bike Expo say after a successful inaugural year they will hold the show again in February 2013, but are adding a day for dealers only.

Tagged Consumer Expos and Rides

BATH, United Kingdom (BRAIN) — Digital revenue rose 30 percent over the past year for Future PLC, the British publisher of cycling websites and magazines Bikeradar.com, Triradar.com, Cyclingnews.com, Procycling, Cycling Plus, Mountain Biking UK, Triathlon Plus, and What Mountain Bike. 

Tagged Web/Internet / Media/Publishing

SAN JUAN CAPISTRANO, CA (BRAIN) — Interbike is opening its door to the public next September, but just a crack. Organizers are testing the concept of a restricted consumer day where consumers would pay $50 in advance and register through local dealers before getting a badge as a retail VIP guest. 

Tagged Consumer Expos and Rides / Interbike

BRUSSELS, Belgium (BRAIN) — A recent European Parliament decision about electric bike regulation was lauded by some cyclists' advocacy groups and industry groups, but a retailer group, ETRA, slammed the decision on Monday.

Tagged Electric bike

BOULDER, CO (BRAIN) — The outdoor industry is reaching out to the bike business to encourage sustainable practices in an effort to develop standards for equipment manufacturing before international regulators mandate such standards.

Tagged Advocacy/Non-profits / DEI and Sustainability

SAN JUAN CAPISTRANO, CA (BRAIN) — Consumers will be allowed into the Interbike trade show via a retailer invitation soon, according to an announcement by the show's organizers.

Tagged Consumer Expos and Rides / Interbike
Tim Jackson

CARLSBAD, CA (BRAIN) — Focus Bicycles USA has named Tim Jackson as its new marketing manager. Jackson was previously brand manager of Masi Bicycles before becoming a product manager for ASI, and most recently marketing manager for Pivot Cycles/ BH Bikes USA.

BOULDER, CO (BRAIN) — Leisure Trends Group projects that IBD sales for the year through September have reached more than $3 billion, up 7 percent compared with the same period in 2011.

CARLSBAD, CA (BRAIN) — Campagnolo North America is planning a holiday toy drive and bike ride for Saturday, December 8, leaving from the company's offices here.

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