Industry News
IRVINE, CA (BRAIN)—Kozo Shimano, former president of Shimano American, no longer works for the company that bears his name.
MILAN, Italy (BRAIN)— Oakley sales rose 16 percent in the third quarter of 2008, helping to boost parent company Luxottica during difficult economic conditions.
Luxottica released earnings for the period ending September 30 during a conference call on Tuesday morning.
IRVINE, CA (BRAIN)—Shimano will kick off an 11 city dealer tour in Irvine, California on November 20.
NORCROSS, GA (BRAIN)—Blue Competition cycles has completed an agreement with MultiSports Zone Mexico to distribute the company’s line of bicycles and accessories in Mexico.
MISSOULA, MT (BRAIN)—The United States is on a path to creating what could become the largest official bicycle route network in the world, thanks to the approval of a new plan by America's leading authority on national route designations.
DENVER, CO (BRAIN)—The 20th edition of the Subaru Denver VeloSwap took place Saturday in more than 100,000 square feet of expo space at the National Western Complex in Denver. Under beautiful sunny skies, the event showed strong attendance in both the vendor and attendee categories.
FERNDALE, WA (BRAIN)—Kona has hired Dusty LaBarr as its new team mechanic.
For the last two years, LaBarr worked with Trek/VW as team head mechanic. Now, he'll be rolling with the Factory Team for the remainder of the cyclo-cross season in North America and Europe, as well as the mountain bike season.
TORONTO, Ontario (BRAIN)—Cycling and multisport authority Cadence Cycling & Multisport Centers will team with Cervelo, on a Cadence Preferred Coaching Partnership agreement for 2009, which will benefit customers of both innovative companies worldwide through their synergistic pairing.
"Chris DiStefano—"the other Chris"—of Chris King, pretending to know how to inflate a tire. Once the tire pressure got over 20 PSI, it was greater than his weight and he had to stand on the handle to pump...I saw it myself."
CANTON, MA (BRAIN)—Ingersoll-Rand plans to cut several thousand jobs and close plants after sales slowed and production capacity added this year was no longer needed.
"We're back to the scratchy stuff."
—Fran Alvarez told the LA Times, talking about the caliber of toilet paper she must now use since her husband left his Wall Street job.
CHARLOTTE, NC (BRAIN)—Bicycling Legend Eddy Merckx is selling majority interest of his bicycle manufacturing company, but will still retain an unknown amount of minority shares.
PROVIDENCE, R.I. (BRAIN)—Preliminary figures indicate close to 700 retailers attended Interbike's first OutDoor Demo East last week in Providence, Rhode Island.
MISSOULA, MT (BRAIN)—Adventure Cycling Association—North America's largest cycling organization—reported that in 2008 its membership and sales programs have enjoyed the largest leap in activity in more than a decade.
SAUSALITO, CA (BRAIN)—Swobo has launched a new Web site dedicated solely to the emerging track bike fetish.
PHILADELPHIA, PA (BRAIN)—Kestrel has partnered with Inviscid Design, creator of the Speedfil Hydration System.
The partnership will provide consumers the opportunity to purchase custom Speedfil bottles to match the 2009 Kestrel Airfoil Pro SL Special Edition and Airfoil Pro SL.
MORGAN HILL, CA (BRAIN)—Known as one of Specialized’s best distributors, Mexico’s Biciclass recently partnered with Specialized Bicycles to establish an official Specialized subsidiary in Aguascalientes, Mexico.
LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News recently ran a story online about Bicycle Data, a company that offers a free online listing of bicycle retailers.
MADISON, WI (BRAIN)—Saris Cycling Group recently held its fifth annual fundraiser to benefit the Bicycle Federation of Wisconsin. A record $100,000 was raised for the Bike Fed this year, supporting bicycle advocacy in Wisconsin.
PORTLAND, OR (BRAIN)—Custom and team apparel from Castelli is now available from Castelli USA, which entered into an agreement with its Italian partner, to market and manufacture team gear in the U.S. The new business venture is named Servizio Corse.
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