Industry News

WASHINGTON (BRAIN) — Bicycle access to federally designated Wilderness areas received a boost recently when the U.S. Forest Service and the Department of Interior supported the bill in the Senate.

With the announcement of Eurobike's 2021 show dates, the 2021 calendar is starting to take shape, although there are still a few question marks. Here's the calendar of major trade events (and a few key consumer events):

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike, which did not hold an in-person 2020 show, has announced that its 2021 show will be Sept. 1-4. It will also hold a trade media event in July in Frankfurt.

JAMAICA PLAIN, Mass. (BRAIN) — Revolution Bicycle Repair, the smallest shop in this Boston neighborhood, received one of the smallest Paycheck Protection Program loans made to a bike company this year: just $1,700.

ASHEVILLE, N.C. (BRAIN) — Shanna Powell considers herself a bicycle unicorn "in cat ears and butterfly wings." She's also something even more rare: a woman entrepreneur in the bicycle industry.

MONTRÉAL (BRAIN) — Dorel Industries a special, virtual, meeting of Dorel shareholders on Jan. 12. Shareholders will be asked to adopt a special resolution approving an offer to take the company private.

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Thursday that it has acquired the BikeFit brand, which sells bike fitting tools, education services and apps.

MONTRÉAL (BRAIN) — After acquiring Race Inc. in July and then securing a long-term licensing agreement to bring the Jeff Bottema fork back to the market, American BMX Company is at it again.

WASHINGTON (BRAIN) — The Bicycle Industry Employers Association, a new group that launched a year ago, is working with NorthWest Arkansas Community College on what will become BIEA's second accredited bicycle technician program.

KOPŘIVNICE, Czech Republic (BRAIN) — After more than a year of negotiations the Czech Republic bike manufacturer Bike Fun International s.r.o. has changed ownership.

BENTONVILLE, Ark. (BRAIN) — Last year the bike industry escaped collateral damage from the long-running dispute between the European Union and the United States over commercial aircraft industry subsidies.

BIELLA, Italy (BRAIN) — Celestino Vercelli, a former pro cyclist and founder of Vittoria Cycling Shoes, has passed away at age 74, the company announced.

Editor's note: Chris Fortune, the founder and CEO of Saris, shared this letter to the industry that he asked to be published on Thanksgiving.

GREENVILLE, S.C. (BRAIN) — Whether it's an improvement on a simple valve stem nut or a commitment to continue producing rim-brake wheelsets, Boyd Cycling is all about innovation without following the latest fad.

VICTOR, Idaho (BRAIN) — New research suggests youth cycling will continue to be a bright spot post-pandemic.

BOULDER, Colo. (BRAIN) — Pocket Outdoor Media is expanding deeper into bicycle media and adding scale to its Active Pass membership by hiring five Bike magazine editors who were furloughed this fall. The crew will lead the effort to launch a new mountain bike title in 2021.

TAIPEI, Taiwan (BRAIN) — Merida, one of the largest bike makers in Taiwan and a significant investor in Specialized, posted third-quarter revenues of NT$7.3 billion ($256 million), down slightly from the NT$7.8 billion the manufacturer generated in the same quarter last year.
WASHINGTON (BRAIN) — The Senate has passed a bill that would award the Congressional Gold Medal to three-time Tour de France winner Greg LeMond. The bill, which now goes to the president's desk to be signed, would make LeMond the tenth individual athlete to receive the medal.

MILWAUKEE (BRAIN) — Harley-Davidson's e-bike division released pre-order pricing for its four models, three of which will be available in the spring of 2021.