Industry News

LAGUNA BEACH, CA (BRAIN) — The Crankbrothers Race Club is a two-woman team for 2013 and has picked up several new sponsors including Scott Bikes.
BOULDER, CO (BRAIN) — Sales at IBDs bounced back in November after October declines, with overall annual sales remaining on track for a record 2012, according sell-through data from the Bicycle Product Suppliers Association and Leisure Trends Group.

VANCOUVER, BC (BRAIN) — Kickstarter.com continues to be a popular tool for innovators in the bike industry, who increasingly are using the crowd-funding site to complement other investment possibilities.
MOORPARK, CA (BRAIN) — Sugoi has expanded its North American sales rep force by 15 percent, the company announced.
LAGUNA HILLS, CA (BRAIN) — Bicycle Retailer international editor Nicole Formosa is leaving to join Bike magazine as managing editor. Her last day with BRAIN will be Jan. 18.
DENVER, CO (BRAIN) — Sampson Sports has two new pedals — including one model with an innovative bike fitting feature — and is splitting off its private label business for events into a new company called Event Gear.

BOULDER, CO (BRAIN) — Giro launched a new program Friday to offer limited-edition items to its fans on Facebook. The first item, a cotton cycling cap, quickly sold out its run of 50.
CHULA VISTA, CA (BRAIN) — The National BMX Hall of Fame has opened the nomination process for this year's inductions.

MORGAN HILL, CA (BRAIN) — The mountain bike racing community is mourning the loss of South African racer Burry Stander, who died after being hit by a car while training in his home country on Thursday.
Stander, 25, was a 2008 and 2012 Olympian and the 2008 UCI World Cup champion in the U23 category.
HAYWARD, CA (BRAIN) — Minoura will start offering dealers the option of buying some of its products directly from its Iowa warehouse.

BOULDER, CO (BRAIN) — REI has awarded a $100,000 grant to the Bikes Belong Foundation to expand its Green Lane Project.

BRUSSELS, Belgium (BRAIN) — The early months of this year could bring resolutions on one or more duty- and subsidy-related investigations currently under consideration by the European Commission relative to trade between Asia and the European Union.
LEXINGTON, SC (BRAIN) — Hawley announced Thursday that it will be distributing Tacx trainers, bottles and cages to U.S. dealers.
NOIDA, India (BRAIN) — U.K. trade show organizer ITE Group is launching India Bicycle Expo in November as the first international exhibition of bikes and bike parts for the growing premium market.
CLOPPENBURG, Germany (BRAIN) — Pon Holding’s German subsidiary is now the sole owner of Derby Cycle and has moved to de-list the company from the Frankfurt Stock Exchange.
NEW YORK, NY (BRAIN) — Interbike owner Nielsen Holdings has acquired The Sports Licensing & Tailgate Show and the Tailgating Industry Association. The 6-year-old annual trade show is holding its next show Jan. 17-19 in Las Vegas.
SIMI VALLEY, CA (BRAIN) — Currie Technologies has appointed David Cabanban as the new Midwest territory manager for the IZIP Road Show.
BRISTOL, England, U.K. (BRAIN) — Lazer has appointed Saddleback Ltd. as exclusive U.K. distributor if its helmets and eyewear, effective Wednesday.

HONG KONG, China (BRAIN) — Starting at this month's Tour Down Under and for the next three three years, Team Lampre-Merida will be racing in Champion System cycling clothing, the team announced Wednesday. The new kit features Lampre's trademark blue and fuchsia combined with Merida's green.