News
PORTSMOUTH, NH (BRAIN)—As of July 1, BaileyWorks is no longer solely owned by Jonathan Bailey. The 15-year-old messenger bag company recently got a cash boost to aid future growth and new owners who will provide operational and accounting expertise.
DOWNIEVILLE, CA (BRAIN)—The Downieville Classic has become the “it” event to go to on the industry calendar.
It turns out that Scott USA and Chris King Precision Components pair nicely off the bike as well.
NOVATO, CA (BRAIN)—Marin Bikes goal for the upcoming model year: fill in the line for 2009.
The Northern California company feels like it has accomplished just that with the addition of several new bikes. One of those new bikes is the 100-millimeter travel, full suspension Alchemist.
LORIA, Italy (BRAIN)—Bankrupt Italian stem and handlebar maker ITM is negotiating with several potential buyers for its brand name and equipment, and managers expect to announce an agreement within the next two weeks.
COLOGNE, Germany (BRAIN)—IFMA is ending its run as a stand-alone bicycle industry trade show.
Looks like Trek is getting into the vending machine business. This "Trek Stop" vending machine is a test unit set up in front of Machinery Row Bicycles in Madison, Wisconsin, where you'll find energy bars, patch kits, water bottles, etc.
DELTA, British Columbia (BRAIN)—Rocky Mountain Bicycles has appointed Charles Russell as its director of sales, marketing and products for the brand globally, effective Aug 5.
FRIEDRICHSHAFEN, Germany (BRAIN)—Erich Reiss, the man behind Eurobike, is now telling people to go fly a kite—or to surf one, more accurately. He’s floating the idea of Kiteworld Europe, a kite surfing trade fair, as an adjunct to next year’s Interboot boat and water sports show.
MIAMI, FL (BRAIN)—J&B Importers will now be distributing Hudz “Enhancement Brake Hoods."
Hudz come in an assortment of 12 different colors and four models to fit levers by Shimano Dura-Ace, Ultegra, SRAM and Campagnolo.
"Cause out on the edge of darkness,
there rides a peace train
Oh peace train take this country,
come take me home again..."
—Cat Stevens, who e-mailed BRAIN yesterday after reading about Portland's road rage incident.
BRUSSELS, Belgium (BRAIN) — Tenneco Inc. has entered into a preliminary agreement to purchase the suspension business of Gruppo Marzocchi, an Italian-based worldwide leader in supplying suspension technology in the two-wheeler market.
VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel, a division of Dorel Industries, has hired Scott Parr as vice president of sales for North America.
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