News
LONDON (BRAIN) — At the start of May, four-time Tour de France winner Chris Froome's team will get a major facelift as Team Sky will become Team Ineos. The British WorldTour team confirmed Tuesday that its new sponsor will be the multinational chemicals company Ineos, which is based in London.
GREENVILLE, S.C. (BRAIN) — Michelin has expanded its relationship with HLC to distribute the tire maker's full product lineup in the U.S. market. Products became available from HLC's U.S. distribution centers starting Monday, March 18.
HLC is already Michelin's exclusive distributor for Canada.
BOULDER, Colo. (BRAIN) — The Pro's Closet has launched a certified pre-owned program for bikes that includes a buyback guarantee that sets a pre-defined trade-in or buyback schedule for 18 months to encourage cyclists to regularly upgrade their bikes.
SANTEE, Calif. (BRAIN) — Sidi's U.S. distributor, Ciclista America, has ended a refurbishing service for the Italian shoe brand that it launched in 2016.
MINNEAPOLIS (BRAIN) — Twin Cities retailer Penn Cycle plans to close its six locations Monday evening; they will reopen Friday under the Freewheel Bike name, according to a Facebook post by Penn Cycle's owner, Pat Sorensen. Freewheel Bike currently has three locations in the area.
SACRAMENTO, Calif. (BRAIN) — The North American Handmade Bicycle Show, which closed Sunday, notched a record number of exhibitors for the 15-year-old event: about 210.
MORGAN HILL, Calif. (BRAIN) — Specialized is the latest major bike brand to launch a click-and-collect program, which will allow consumers to order bikes and other products from the company's website and have the order fulfilled at a local Specialized dealer.
SALEM, Mass. (BRAIN) — Two road tire makers have responded to a safety warning that Enve issued last week about the use of some clinchers on its carbon wheels.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products will move its annual Frostbike dealer event out of Minnesota for the first time next year. The 2020 event will be held in Denver from Jan. 31-Feb. 2.
LOS ANGELES (BRAIN) — Amer Sports has agreed to sell its Mavic cycling business to Regent, a U.S. private equity firm.
OXFORD, United Kingdom (BRAIN) — A new power meter brand based here is looking to expand its sales in the U.S. with a crank-based meter that retails for about $300 including installation.
MONTREAL (BRAIN) — Dorel Sports — a division of Dorel Industries that includes Cycling Sports Group, the parent of Cannondale and GT — posted double-digit organic revenue growth and significant operating profit improvement in its fourth quarter, the company reported Thursday.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products' new 3P Select program allows its bike shop customers to sell Whisky Parts Co. products on Amazon and eBay. The program makes Whisky the first QBP house brand that dealers will be allowed to sell through third-party online platforms.
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