Industry News
CLOPPENBURG, Germany (BRAIN)—Derby Cycles sold 73,000 electric bicycles in the first nine months of the year, a jump of nearly 86 percent from the same time period last year, according to an earnings report released by the company on Monday.
VANCOUVER, British Columbia (BRAIN)—Rocky Mountain Bicycles and Silverfish have ended their distribution partnership for the UK market after seven years.
BETHEL, CT (BRAIN)—Cannondale’s global marketing director Frank Hwang is no longer with the company.
Cannondale officials didn’t say much about the internal change, but Bob Burbank, the company’s general manager, issued a brief statement confirming Hwang’s departure and wishing him well.
DUARTE, CA (BRAIN)—Raleigh UK will now distribute Dahon in the United Kingdom.
CHATSWORTH, CA (BRAIN)—Currie Technologies has hired industry veteran Russell Bockin as national sales manager. He replaces Jack Gresmer, who is now at Light & Motion.
POZZOLEONE, Italy—Selle Royal has made a minority investment in Retül for the purpose of “supercharging” the company’s existing business model.
Retül is a Boulder, Colorado-based bike fit technology company.
OLATHE, KS (BRAIN)—Garmin has just introduced a new Authorized Fitness Reseller Program.
LAGUNA NIGUEL, CA (BRAIN)—Scott Montgomery is no longer affiliated with Lifeboat Events, organizer of PressCamp, DealerCamp and Urban PressCamp, according to Chris Zigmont, one of the partners in Lifeboat Events.
WESTPORT, CT (BRAIN)—Compass Diversified Holdings acquired a controlling interest in CamelBak Products in a $257.5 million deal announced late Wednesday.
TAIPEI, Taiwan (BRAIN)—Taiwan’s top two manufacturers reported modest revenue increases in July and for the first seven months of the year, according to numbers released on the Taiwan Stock Exchange.
LA FUYE, France (BRAIN)—Cyfac International has added four new international partners to its network of global distributors.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike participants will now have more resources than ever for connecting with the industry, navigating the Expo and OutDoor Demo and engaging in social media through the Interbike mobile app, sponsored by Strava.
OTTAWA, Ontario (BRAIN)—The Share the Road Cycling Coalition, (SRCC) an Ontario-based non-profit organization which promotes bicycling as a mode of transportation, recreation and fitness through provincial advocacy, has unveiled the latest Ontario Bicycle Friendly Communities Awards.
MELBOURNE, Australia (BRAIN)—The Ausbike tradeshow wrapped in Melbourne on Monday with 150 exhibitors showing 1,000 brands to thousands of trade and public visitors over three days.
BOULDER, CO (BRAIN)—Growth Cycle and the National Bicycle Dealers Association, equal partners in the Selling Cycling staff training program, need retailer feedback on the 2012 program.
SAN JUAN CAPISTRANO, CA (BRAIN)—The Interbike Industry Party returns to celebrate 30 years of Interbike and the 30th anniversary of the formation of the legendary 7-Eleven professional cycling team.
MELBOURNE, Australia (BRAIN)—Knog has won nearly AU$1 million from the Australian government to develop three new product lines in the next two years.
LONGMONT, CO (BRAIN)—Clif Bar is the new title sponsor of CrossVegas, signing a multi-year deal.
As a result, the 5th annual international cyclocross race scheduled for Wednesday, Sept. 14 in Las Vegas following the first day of Interbike will be titled Clif Bar CrossVegas.
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