Industry News
LOUISVILLE, Colo. (BRAIN) — While last week's Marshall Fire apparently spared the businesses of area suppliers and retailers, many industry members were directly affected. Area retailers, suppliers and others are working to help those who lost homes and belongings get back on their feet — and riding.
SAN FRANCISCO (BRAIN) — While many shops and individuals who have had bikes stolen theorized they end up south of the border, nobody actually knew for sure or could quantify to what degree.
Until now.
MONTRÉAL (BRAIN) — Dorel Industries has completed its sale of Dorel Sports — which includes Cannondale, Schwinn, GT, Mongoose and other bike brands — to Pon Holdings, for $810 million. The planned acquisition was announced in October.
DENVER (BRAIN) — Maybe 2022 will begin an era of peace, love and understanding in the bike industry, as Fox Factory and SRAM are starting the new year with a clean slate after agreeing to settle legal disputes dating to 2015.
COSTA MESA, Calif. (BRAIN) — After nearly five years away from the company, George Eubanks has rejoined Highway Two as president.
(BRAIN) — Gruppo SRL, the parent company of Cinelli, announced on Dec. 30 that is has decided to terminate its distribution agreement with Cyclone Bicycle Supply for the United States market, effective immediately.
SUPERIOR, Colo. (BRAIN) — Industry supplier and retail locations were spared from direct impacts of a 6,000-acre suburban wildfire that destroyed hundreds of homes and businesses here on Thursday. However, many employees in the area were evacuated and some may have lost their homes.
BOULDER, Colo. (BRAIN) — News that Intense Cycle decided to sell a new line of bikes via Costco.com was the subject of the most-read story on BicycleRetailer.com in 2021, proving once again that speciality brands opening up new channels of retail distribution always garner attention in our industry.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. is acquiring the hunting gear brand Stone Glacier, which will be part of its outdoor products segment. Vista Outdoor's Action Sports segment includes Bell, Giro, Blackburn and Quietkat.
IRVINE, Calif. (BRAIN) — The NBDA Bicycle Buying 2021 reference guide is available for suppliers, brands, and retail members. The guide is a consumer research study of pandemic bicycle and e-bike buying habits.
SYDNEY, Australia (BRAIN) — BikeExchange, the Australia-based marketplace, has acquired Kitzuma, a bike-shipping service that launched last December.
BIEL, Switzerland (BRAIN) — DT Swiss will acquire disc brake company Trickstuff. The acquisition is expected to be completed on Jan. 1.
BILBAO, Spain (BRAIN) — Canyon will partially license Orbea's patented rear-shock lockout cable routing technology. Orbea's patent for the "Inside Line" covers improvements to the lockout routing, enhancing aesthetics and providing a more direct path between the shock and remote lever.
GOLDEN, Colo. (BRAIN) — Commencal Bikes & Skis has expanded its B2B program to allow retailers to order directly from its website with a dedicated platform.
IRVINE, Calif. (BRAIN) — A global consumer brand investment firm announced an investment in Pedego Electric Bikes. Verlinvest's undisclosed amount will be used to increase the number of Pedego stores and inventory, and support innovation.
(VELONEWS) — USA Cycling will have a new CEO on Monday, as its current chairman of the board Brendan Quirk will step into the role vacated by Rob DeMartini, who is leaving to head up Purple Innovation, a mattress and pillow company.
NEW YORK (BRAIN) — After a merger with Signa Sports United — which calls itself "the hidden champion of sports e-commerce" — well-known bike e-commerce sites Wiggle and Chain Reaction are part of a publicly-traded retail group with about $1.8 billion in annual sales, much of it in the bike segment.
(CYCLINGTIPS) — USA Cycling President and CEO Rob DeMartini is leaving that role to become the acting CEO and a board member at Purple, which makes mattresses, pillows, and other comfort products.
OSAKA, Japan (BRAIN) — Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site.
LONDON (BRAIN) — Bike.Rent Manager, a bike rental software platform, has secured 490,000 pound ($648,000) investment in a recent funding round in partnership with Universum Wealth. BRM said it is profitable and growing fast with customers in over 27 countries.
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