Industry News
LORIA, Italy (BRAIN)—Bankrupt Italian stem and handlebar maker ITM is negotiating with several potential buyers for its brand name and equipment, and managers expect to announce an agreement within the next two weeks.
COLOGNE, Germany (BRAIN)—IFMA is ending its run as a stand-alone bicycle industry trade show.
Looks like Trek is getting into the vending machine business. This "Trek Stop" vending machine is a test unit set up in front of Machinery Row Bicycles in Madison, Wisconsin, where you'll find energy bars, patch kits, water bottles, etc.
DELTA, British Columbia (BRAIN)—Rocky Mountain Bicycles has appointed Charles Russell as its director of sales, marketing and products for the brand globally, effective Aug 5.
FRIEDRICHSHAFEN, Germany (BRAIN)—Erich Reiss, the man behind Eurobike, is now telling people to go fly a kite—or to surf one, more accurately. He’s floating the idea of Kiteworld Europe, a kite surfing trade fair, as an adjunct to next year’s Interboot boat and water sports show.
MIAMI, FL (BRAIN)—J&B Importers will now be distributing Hudz “Enhancement Brake Hoods."
Hudz come in an assortment of 12 different colors and four models to fit levers by Shimano Dura-Ace, Ultegra, SRAM and Campagnolo.
"Cause out on the edge of darkness,
there rides a peace train
Oh peace train take this country,
come take me home again..."
—Cat Stevens, who e-mailed BRAIN yesterday after reading about Portland's road rage incident.
BRUSSELS, Belgium (BRAIN) — Tenneco Inc. has entered into a preliminary agreement to purchase the suspension business of Gruppo Marzocchi, an Italian-based worldwide leader in supplying suspension technology in the two-wheeler market.
VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel, a division of Dorel Industries, has hired Scott Parr as vice president of sales for North America.
NEWBURY PARK, CA (BRAIN)—Two Giant Bicycle dealers are to be featured in a news story for the "CBS Evening News with Katie Couric" tonight.
Broadcast news schedules are subject to change and the story may get moved to another date, depending on coverage of breaking news events.
LAGUNA HILLS, CA (BRAIN)—After it went live last month, cycling enthusiasts are flocking to Cyclist Village, a social-networking platform that connects all things cycling on a global scale.
PORTLAND, OR (BRAIN)—Wheels4Life, the charity started by mountain biking legend Hans Rey, has joined forces with Phil Sundbaum and the Summer Of Shred.
This road rage incident has to be read to be believed. Oddly enough, it just so happened to take place in bicycle friendly Portland, Oregon.
REDMOND, WA (BRAIN)—Microsoft has formed a partnership with media company Rodale to deliver targeted advertising across Rodale's portfolio of health and fitness properties.
GREENVILLE, SC (BRAIN)—Hincapie Sportswear has hired Nikole Rock as its new director of design and development.
Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line.
MONTREAL, Quebec (BRAIN)—ExpoCycle, one of the top ranked tradeshows in Canada, is hoping for another big turnout this September.
ExpoCycle, with 90,000 square feet of space, features more than 800 cycling brands.
The man behind Bikebiz, Carlton Reid, has a new book out entitled "The Bike to Work Book."
MIAMI, FL (BRAIN)—Just recently 10 new AfricaBikes were spotted around Miami, Florida, donated to the city's Ronald McDonald House.
DOWNIEVILLE, CA (BRAIN)—The 13th annual Downieville Classic kicks off today with four World Championship titles up for grabs.
COLOGNE, Germany (BRAIN)—Germany’s largest retailer co-op is putting on an unprecedented expo of its own this month, showcasing its house brands and getting a head start not only on the big fall trade expositions but on mainline brands’ dealer shows.
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