Industry News

Utah high school league off to record start • Saris to offer brats and bike parking at Brat Fest • Volkswagen sponsors KOM prize at professional championships

LAGUNA HILLS, CA (BRAIN) Thursday May 24 2012 3:28 PM MT—The bike business in Europe is showing resilience despite daily headlines on the continent’s turbulent economy that are bound to push buying to the back of some consumers’ minds.

OSTERMUNDIGEN, Switzerland (BRAIN) Thursday May 24 2012 3:06 PM MT—The International Olympic Committee has relaxed rules for branding on bikes used in the Olympics, lifting a rule that restricted bikes to having just one logo of no more than 60 square centimeters (about 3 inches squ

Tagged Racing & Sponsorship

MONTREAL (BRAIN) Thursday May 24 2012 10:40 AM MT—Dorel Industries’ chief executive Martin Schwartz told company shareholders Thursday morning that he expect Dorel’s fast growing bike business to keep moving ahead at the same pace this year.

Tagged Earnings/Financial Reports

Micah Rice promoted at USAC • 4iiii shipping $150 heads-up device • Nuun introduces all-day hydration tabs • Profile wheels approved by UCI • Gran Fondo New York offers reimbursement insurance

HEERENVEEN, Netherlands (BRAIN) Wednesday May 23 2012 8:47 AM MT—Accell Group N.V. has completed the purchase of all issued shares in Raleigh Cycle Limited, the company announced Wednesday.

Tagged Mergers, Acquisitions & Investments

PLOVDIV, Bulgaria (BRAIN) Wednesday May 23 2012 5:53 AM MT—Dahon has begun producing bikes for the European market in Bulgaria through a partnership with local manufacturer Maxcom.

Washington leads bike-friendly states ranking • Shimano Europe donates €50k to Make-A-Wish • Minnesota high school leagues readies for debut

BATH, United Kingdom (BRAIN) Tuesday May 22 2012 1:15 PM MT—Future media group revenue fell 11 percent in the half-year ending March 31 although its digital business was a bright spot with iPad sales and digital advertising both on the rise, according to an earnings report released

Tagged Earnings/Financial Reports

DUBLIN, Ireland (BRAIN) Tuesday May 22 2012 12:20 PM MT—Ireland’s first cycling show will return for a second year after a successful showing last weekend in Dublin.

Tagged Tradeshows and conferences

JAKARTA, Indonesia (BRAIN) Tuesday May 22 2012 9:05 AM MT—Schwalbe has expanded its factory in Indonesia and is now producing its own tubulars at the 80,000-square-meter (861,000-square-foot) plant in Jakarta.

Trips for Kids gala raises $95,000 • Tifosi and Cébé introduce new eyewear models • Cat's Tongue maker sponsors J-Pow and Tommy D

NOTTINGHAM, England (BRAIN) Monday May 21 2012 3:06 PM MT—Alan Oakley, a long-time Raleigh Bicycles designer best known for the Chopper youth bikes, died Friday. He was 85 and died of cancer, according to a company release.

Committee approves new U.S. Bicycle Routes • Quarq offers Specialized and Cannondale power meters • Darn Tough to work with StoneNsea Sales for Southeast • Specialized adds online ordering for custom water bottles • Third Philly Bike Expo set for Oct. 27-28

HAVERHILL, MA (BRAIN) — Mavic, Inc.'s new general manager, Hugh Walton, is recovering from a stroke at a Massachusetts hospital.

Marty McFly: Wait a minute, Doc. Ah ... Are you telling me that you built a time machine ... out of a DeLorean?

League, other groups release new biking data • DeFeet recognized at White House ceremony • CrossBikeReview to bestow awards

AVALON, CA (BRAIN) Thursday May 17 2012 2:08 PM MT—The first mountain bike event ever held on Catalina Island off the Southern California coast was quickly deemed a success, and promoters are crossing their fingers for a return.

Tagged Consumer Expos and Rides

World Triathlon Corporation, the owner of the Ironman events and trademark, has sold its two-year-old magazine to a group of investors that includes WTC executive and former Triathlete magazine owner John Duke.

Tagged Mergers, Acquisitions & Investments

Bryson Martin has departed Marzocchi after more than 20 years of leading the suspension brand's U.S. efforts in the bike industry.

Martin and three other ex-Marzocchi employees have formed a new company, Bryson Martin Racing. He said he will reveal details of the new company's plans in the coming weeks.

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