News
COLORADO SPRING, Colo. (BRAIN) — USA Cycling has promoted Chuck Hodge to chief of racing and events, leading USAC’s support of cycling events, elite racing calendars, event sanctioning, race director support, local association services, and officiating for all competitions.
COTATI, Calif. (BRAIN) — Yuba Bicycles has hired Jeff Wuerthele as sales representative for the Eastern U.S., effective immediately. Wuerthele will be responsible for developing dealer relations and consumer demand for the cargo bike maker throughout the region.
SANTA CLARITA, Calif. (BRAIN) — Longtime Southern California retailers Mark Smits and Dominic Galenti have expanded with a fifth Incycle Bicycles store following the recent acquisition of Performance Cyclery in Santa Clarita, about 20 miles west of the Pasadena Incycle location.
HELSINKI (BRAIN) — Amer Sports reported net sales increases of 9 percent for its third quarter and 5 percent year-to-date, compared with the same periods last year. The figures don't include Amer's cycling business with the Mavic and Enve brands because Amer now segments cycling as "discontinued operations" as it looks to sell that business.
SALT LAKE CITY (BRAIN)—Hayes Performance Systems has bought Reynolds Cycling and said it will aggressively offer dealers three levels of carbon wheels with average aftermarket margins of 40 percent.
SANTA CRUZ, Calif. (BRAIN) — In many ways, Elayna Caldwell's long career in the industry has come full circle. It started in 1996 with a job at RockShox, back when it was still located in Santa Cruz.
BEIJING (BRAIN) — Dai Wei, the founder and chief executive of Chinese bike-share giant Ofo, has stepped aside as the company's top legal representative as Ofo faces multiple lawsuits in China.
Ofo has named Chen Zhengjiang, the head of its hardware supply department, as the new legal representative.
CONSHOHOCKEN, Pa. (BRAIN) — Longtime Rodale Publishing executive Zack Grice has joined SilverLine Athletics, which provides digital media activation and analytics for endurance events. Grice will fill the newly created position of director of marketing and partnerships.
OGDEN, Utah (BRAIN) — Derek Bouchard-Hall, who announced last week that he was stepping down as president of USA Cycling, will become the new CEO of Assos of Switzerland.
OSAKA, Japan (BRAIN) — Shimano says stable weather in Europe and growth in sales sporty e-bikes helped its bike-related sales grow over the first three quarters this year, while operating income in the segment decreased slightly. The company has revised its full-year forecast down in light of currency exchange trends and some product shortages.
BOSTON (BRAIN) — The parent company of Clean Bottle announced Monday that it is up for sale, seeking a partner or buyer that can "leverage the brand and its technologies to its fullest potential."
SANTA FE, N.M. (BRAIN) — In the October issue of Bicycle Retailer & Industry News, we made an assertion that Interbike had offered free booth space to selected key brands. When I read that sentence I was struck by the fact that no one at Interbike had responded—one way or another—to that assertion.
WASHINGTON (BRAIN) — Two domestic bike assemblers are asking the International Trade Commission to look into imposing tariffs of up to 50 percent on imported bikes.
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