Industry News

PETALUMA, CA (BRAIN)—Formula Brake has launched a new Web site showcasing its 2008 line of Italian disc brakes.

The new site pays homage to nearly Mt. Tam, while spotlighting new products, news and downloads to better serve the American market.

Tagged Web/Internet

NOVATO, CA (BRAIN)—Marin Bikes will be displaying and demo’ing its 2008 bikes, and Marin Bikes staff and Shaums March of Mad March Racing will hold special raffle tickets for dealers attending the Decline/Road Magazine Street Block Party.

Tagged Events

VAN NUYS, CA (BRAIN)—After 11 years at Easton, brand manager and former marketing manager Jeff Schneider has left the company.

“The experience at Easton has truly been a pleasure and I am proud of what just a small group of us were able to accomplish over this time," Schneider said.

CRESTED BUTTE, CO (BRAIN)—The Mountain Bike Hall of Fame and Museum is seeking nominations for the 2008 induction ballot.

Nominees can be individuals or organizations who have made significant contributions to the sport of mountain biking on a national or international level.

Tagged Awards

MONTREAL, Quebec (BRAIN)—Dorel Industries’ purchase of Cannondale now positions the Canadian consumer goods company right behind Trek and Specialized within the independent bicycle dealer (IBD) channel, according to Dorel president and chief executive officer Martin Schwartz.

Tagged Mergers, Acquisitions & Investments

BEREA, OH (BRAIN)—Scottish clothing manufacturer Endura is expanding its distribution facility in Ohio to support its growing U.S. sales.

It also hired Santa Fe, New Mexico retailer David Bell, as its interim sales manager, while it seeks a permanent manager.

NEWTONVILLE, MA (BRAIN)—Sheldon Brown, who could explain the intricacies of 40-year-old Sturmey Archer hubs with the same patient clarity with which he would explain suspension or integrated shifters, died from a sudden heart attack Sunday night.

MONTREAL, Quebec (BRAIN)—Dorel Industries has just announced the acquisition of the Cannondale Bicycle Corporation.

The total value of the all-cash transaction will be $190 (U.S) to $200 (U.S) million, subject to Cannondale's earnings results for the year ending June 30, 2008.

Tagged Mergers, Acquisitions & Investments

DALLAS, TX (BRAIN)—Hans Johnsen Company's 2008 catalog is arriving in dealer stores this week.

Tagged Distributor news

BATAVIA, IL (BRAIN)—In its 25th anniversary year, Sigma is celebrating another milestone; its cycling computer sales have reached 50 million units.

LAGUNA HILLS, CA (BRAIN)—Down below in BRAIN's Web Exclusive section you'll find a new Selling Cycling 2008 video: What Customers Want.

Tagged BRAIN News


SAN DIEGO, CA—It appears the bicycle industry shrugged off Wall Street’s woes and a year-long drumbeat of sour economic news, posting respectable 4 percent growth in wholesale revenue last year.

Tagged Earnings/Financial Reports


SAN DIEGO, CA—Industry leaders need to talk with each other and with other cycling organizations. That’s the message that came out of last month’s Bicycle Leadership Conference.

SHENZHEN, China—Rising raw material and energy prices have contributed to steady cost increases over the last few years, but those cost hikes will likely pale next to the price hike for the 2009 model year, especially for bikes made in China.

Tagged Earnings/Financial Reports


WHISTLER, British Columbia—Whistler Blackcomb’s winter season may be in full swing, but Rob McSkimming is already busy preparing for when the snow melts.

CARSON CITY, NV (BRAIN)—Veltec has signed an agreement to become the licensee of the Descente brand for the cycling, triathlon, running and fitness markets in North America and Europe.

Veltec will create a new soft goods division comprised of Descente and Shebeest, which Veltec acquired in 2005.

"If you feel yourself getting frustrated, switch off the TV and talk to a loved one." —Dr. Malissa Wood, citing a study linking the big game with the big one (that's a heart attack, for those non Fred Sanford fans). Enjoy the game and Cheez Doodles!!!

GREENVILLE, SC (BRAIN)—Hincapie Sportswear and Barkley, one of the largest independent advertising agencies in the United States, are partnering to create a new development cycling team that focuses on riders under 23 years old.

NEW YORK, NY (BRAIN)—The 8th annual Bicycle Film Festival is fast approaching, and it's calling for your entries with the deadline being Feb. 19.

Tagged Media/Publishing

SAN RAFAEL, CA (BRAIN)—Trips for Kids (TFK) heartily thanks the more than 100 companies that donated products to its Re-Cyclery Bicycle Thrift shop last year.

Profits from the shop fund TFK's national mountain bike program for underserved youth.

Tagged Advocacy/Non-profits


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