Industry News

WATERLOO, WI (BRAIN)—Trek retailers expressed sadness but little surprise that Trek plans to sever its 13-year relationship with Greg LeMond.

TAIPEI, Taiwan (BRAIN)—“If you have a problem, if no one else can help, and if you can find them, maybe you can hire . . . the A-Team.” So went the introduction to the cult 1980s TV show about a group of over-the-top commandos who wisecracked their way through seemingly impossible missions.

TAIPEI, Taiwan (BRAIN)—Giant's president, Tony Lo, told a packed press conference yesterday that now is the time for bicycle industry executives to develop a true passion for cycling.

Tagged Events

MONTREAL, Quebec (BRAIN)—With two months of Cannondale and Sugoi sales on the books, Dorel Industries reported a strong first quarter as revenue in its bicycle division soared 55 percent.

Tagged Earnings/Financial Reports

WASHINGTON, D.C. (BRAIN)—Eleven communities were honored with the League of American Bicyclists prestigious Bicycle Friendly Community designation and eleven communities renewed their designation.

Tagged Advocacy/Non-profits

LOS ANGELES, CA (BRAIN)—A fundraiser is being held in conjunction with tomorrow's CCCX Downhill Race Series in honor of Mark Reynolds who died on April 19.

Tagged Events

BRAIN was informed yesterday that Tim (Masi Guy) Jackson was involved in a bad bike accident at the San Diego velodrome. He suffered broken ribs, a few fractured neck bones and a mangled thumb, according to blue squirrel. He underwent surgery yesterday.

"New Rule: Now that gas costs the same four bucks at every gas station, you can drop the nine-tenths-of-a-cent bull$#!*."

—Bill Maher

LAGUNA HILLS, CA (BRAIN)—After tumbling 13 percent in 2006, cycling participation rebounded slightly in 2007.

Overall participation was up five percent—from 35.6 million riders in 2006 to 37.4 million riders in 2007—according to statistics released this month by the National Sporting Goods Association.

SARATOGA SPRINGS, NY (BRAIN)—Serotta has launched a paint program that still enables customers to design their own bike frame, but now they can see an almost limitless array of paint colors accurately depicted with a few clicks of the mouse.

PORT COQUITLAM, British Columbia (BRAIN)—Norco Products has promoted John Williams to president.

SHANGHAI, China (BRAIN)—Attendance fell at last week’s Shanghai Show. Big brands like Trek and Specialized went missing and many international visitors cancelled travel plans at the last minute because the Chinese government suddenly tightened visa requirements.

Tagged Tradeshows and conferences

MEQUON, WI (BRAIN)—Hayes Bicycle Group (HBG) named Kurt Person general manager and vice president of its Hayes Bicycle Group division to replace Rhonda Kirkwood, who’s leaving the company on her own accord.

XANTUSIA, CA (BRAIN)—Multi-sport Web site Slowtwitch.com has hired industry veteran Jay Prasuhn as senior editor.

Prasuhn spent his last nine years at Triathlete Magazine, where he also worked as senior editor. Moving forward he'll be working closely with Slowtwitch editor-in-chief Herbert Krabel.

OLNEY, IL (BRAIN)—Highway Two, distributor of Continental, Brooks England, Crankbrothers, Fizik and Selle Royal, has hired George Eubanks as the company’s national sales manager.

HEERENVEEN, The Netherlands (BRAIN)—Strong sales of bicycles and parts and accessories propelled profits for the Accell Group in the first quarter of 2008.

Tagged Earnings/Financial Reports

Each 2008 issue of BRAIN contains a Retail Spotlight column with photo showcasing bright ideas from America's best retailers.

GLENDALE, CA (BRAIN)—PowerBar has introduced its first annual “Specialty Retailer of the Year” Award.

Open to all independent sports specialty retailers, the new award program will recognize retailer commitment to consumer education about sports nutrition and local advocacy outreach.

Tagged Awards

NEW YORK, NY (BRAIN)—Rodale has promoted Chris Lambiase to vice president and group publisher for Running and Cycling, effective May 12.

Tagged Media/Publishing

WASHINGTON, D.C. (BRAIN)—The District of Columbia plans to unveil a public bike-sharing program in mid May, becoming the first of its kind in the United States.

Tagged Advocacy/Non-profits

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