Industry News
CHATSWORTH, CA (BRAIN)—Currie Technologies filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Central District of California in Los Angeles last week.
WHISTLER, British Columbia (BRAIN)—This year's Crankworx seems to be one that will be remembered for quite a while.
GRENCHEN, Switzerland (BRAIN)—The first shoe has dropped.
Swiss bicycle manufacturers BMC has terminated its sponsorship agreement with the Astana pro cycling team as a direct result of the team’s drugging scandal.
"The biggest problem is that my butt hurts. Is that normal?" -presidential hopeful John Edwards, after a hard day of recent biking in Iowa with Lance Armstrong. PHOTO CREDIT: Kimberly J
"Dude is so tight he squeaks. So tight, every time he blinks his kneecaps move. Did I mention tight? He's so tight he can hear a dollar bill drop on a shag carpet two counties over. I'm tellin' ya, he's tight. Hey, is this an audience or an oil painting? I don't get no respect..." —Rodney Dangermouse
LAGUNA HILLS, CA (BRAIN)—’Tis the show season. BRAIN’s ramping up its coverage for its big show issues and Interbike Dailies and needs your news and product information.
AUGUSTA, ME (BRAIN)—Governor John Baldacci held a ceremonial signing on July 24 for L.D. 1808, the Act to Improve Road Safety and Update Bicycling Laws. The law, which takes effect in September, represents a major victory for Maine bicyclists.
NOVATO, CA (BRAIN)—Marin Bikes recently promoted several key members to senior level management positions including Matt Dowling to president, while adding a new international sales office in Europe.
JOHANNESBURG, South Africa (BRAIN)—The cycling world was shocked by the death of Ryan Cox of Team Barloworld, who passed away Wednesday morning in South Africa.
DENVER, CO (BRAIN)—More than 2,000 exhibitors and retailers will walk through the doors of Denver's downtown convention center as the three-day Health & Fitness Business Expo gets underway.
BY SHERI HEIN
QUEBEC CITY, Canada—Quebec should receive a welcome boost in
tourism dollars this month as the province celebrates the inauguration of its long-awaited Route Verte.
BY SEAN HONG
AUSTIN, TX—Hill Abell is on the frontline competing against Performance Bicycles’ retail outlets. So when Performance announced a multi-million dollar infusion of capital to launch another 90 stores over the next four years, he paid attention.
BY JOHN CRENSHAW
BEIJING, China—The Chinese government tossed a big rock into the international trading pond with a recent change to its tax structure, and the ripples are already rocking the bike
industry’s boat.
DUARTE, CA (BRAIN)—Dahon just announced record sales for the first half of 2007.
Unit volumes of bicycles sold grew by 27 percent to 180,000 units, and revenues increased by 36 percent compared to the period a year earlier. Both unit volume and revenue numbers represent all time highs for Dahon.
BOULDER, CO (BRAIN)—Bikes Belong has launched a new Web site that provides in-depth and easily accessible information. The Web site caters to a variety of audiences, including Bikes Belong members, journalists, government leaders, grant seekers, bicycle advocates, and the general public.
DENVER, CO (BRAIN)—Paul Zane Pilzer told several hundred specialty fitness retailers Thursday that the nation is no longer divided by race and gender. Instead, society finds itself divided by those who are fit and those who are overweight and unhappy.
"Somebody may beat me, but they are going to have to bleed to do it." —Steve Prefontaine
BOULDER, CO (BRAIN)—Thanks to Kona Bicycle Company's generous support, 10 International Mountain Bicycling Association (IMBA) clubs received $1,000 cash grants to help create new freeriding, downhilling and dirt jumping opportunities in 2007.
LOS ANGELES, CA (BRAIN)—ASA Entertainment, the world’s largest action sports event and television production company, has selected the five U.S. cities which will host events on the 2007 Action Sports World Tour.
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