Industry News

BETHEL, CT (BRAIN)—During the recent Bikes Belong board meeting, Cannondale Sports Group (CSG) president and chief executive officer Jeff Frehner pledged an additional $200,000 to support Bikes Belong and its mission to get more people riding bicycles more often.

Tagged Advocacy/Non-profits

GREENVILLE, S.C. (BRAIN)—Michelin North America will be raising bicycle tire and tube prices by up to 15 percent on products sold in the United States, Canada and Mexico. This increase will take effect Sept. 1.

Smart E-tailing's Mark Graff stopped by BRAIN world headquarters yesterday, showing off his new Colorado Share the Road license plate. Thanks to NiteRider's Jack Gresmer for stopping by as well to show off some new product and for a ride.

"I am saddened by today's decision. I am looking into my legal options and deciding on the best way to proceed."

CHICAGO, IL (BRAIN)—World Bicycle Relief has passed a major milestone in its “Project Zambia” healthcare initiative: More than 15,000 new, locally assembled bicycles have been distributed to volunteer health caregivers in a work-to-own partnership.

Tagged Advocacy/Non-profits

GREENVILLE, SC (BRAIN)­­­­—Hincapie Sportswear has hired Kirk Flinte and Andy Kimbrell to staff its new Interactive Marketing Department.

BOISE, ID (BRAIN)—Io DuPont has hired Philip Vega as the new Power Cordz manager.

The summer concert season is well underway, and the concert listing Web site Pollstar ranks its Top 50 concerts (click on link, left hand side). Well, here's my Top 10 based on my personal taste (weighed heaviest) and band accomplishments, accolades, etc...

NORTH ATTLEBORO, MA (BRAIN)—Todson has promoted Rob Girvin to director of product development, while hiring Eric Lightbody as inventory control analyst and Rosalie Garver as customer service manager.

HEERENVEEN, Netherlands (BRAIN)—Insurance company Aviva plc bought slightly more than half of the late Trek founder Richard Burke’s 818,681 shares in the Dutch bicycle conglomerate Accell Group when the Burke estate put them out to sale last month.

MELBOURNE, Australia (BRAIN)—Bicycle Industry News, a trade publishing Web site in Australia, may hit your e-mail box soon. Tom Sherlock is taking over the site effective July 1.

Tagged Media/Publishing

NOVATO, CA (BRAIN)—Marin Bikes' 2008 Quad XC series Mount Vision full suspension bike has won the Bike of the Year award from “What Mountain Bike” magazine.

Tagged Awards

It seems The Daily Show isn't the only one specializing in fake news these days. DH/freeride apparel maker Evomo riled up a few people—even the real LAPD—on a so-called bike photo shoot gone bust.

Needless to say, traffic has been up on the Evomo site as of late. Click on link for complete (fake) story.

MONTREAL, Quebec (BRAIN)—Dorel Industries' Pacific Cycle division has acquired the assets of PTI Sports, a leading U.S. designer, manufacturer and distributor of bicycle parts, helmets and other accessories, for $28.1 million (USD).

Tagged Mergers, Acquisitions & Investments

SAN JUAN CAPISTRANO, CA (BRAIN)—After two years of collecting potential host city data and retailer, manufacturer and industry partner feedback, Interbike management has announced the trade show will remain in Las Vegas, and that they are currently finalizing an agreement with the Sands Expo and Convention Center to

Tagged Tradeshows and conferences / Interbike

PETALUMA, CA (BRAIN)–CamelBak has expanded its research and development team with the hiring of two industrial designers who will be responsible for all new soft and hard goods product design.

John Duran joins the team as senior product designer, and Derek Sullivan joins as product designer.

"I'm not on vacation. I'm not out for a weekend. This is where I live. When you do that, all the other trappings of life fade away."

CHAPEL HILL, NC (BRAIN)—Performance Bicycle, along with owner North Castle Partners, have named Jim Thompson as chief executive officer.

Last July, the private equity firm North Castle Partners acquired Performance.

LAS VEGAS, NV (BRAIN)—The Mountain’s Edge 2008 Cactus Cup Las Vegas is September 19–21, 2008 in Las Vegas.

Event organizers picked those dates with the hope of capturing those already in town for Interbike.

Tagged Events

CARSON CITY, NV (BRAIN)—Veltec Sports has appointed Charlie Allen outside sales representative for Florida.

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