News
DENVER (BRAIN) — After an eventful few months, Niner Bicycles has been purchased by UWHK Ltd., an investment firm with ties to the Huffy Corp. A U.S. Bankruptcy Court judge approved the sale last week and the purchase closed Friday afternoon.
BOULDER, Colo. (BRAIN) — The Better Bike Share Partnership has awarded more than $410,000 in grants to help increase access to bike share in communities of color, and to fund research related to bike share and equity.
BALTIMORE (BRAIN) — Princeton Sports, a third-generation ski and bike retailer that dates to 1936, is closing one of its two locations after selling the real estate.
KENT, Wash. (BRAIN) — For more than a few years Accell North America has been the problem child for its parent, Dutch-based Accell Group. That status would appear to continue judging from the annual report that Accell released early Friday.
KENT, Wash. (BRAIN) — As part of a review late last year, managers at Accell North America discovered that the company had been underpaying U.S. Customs on some bike import duties since 2013. The company wound up paying 4 million euros ($4.9 million) in repayments and interest.
CALABASAS, Calif. (BRAIN) — At a media and retail launch Wednesday in Southern California, Fox detailed the new Flux, which maintains the classic look of the original but also take cues from the brand’s newer Proframe full-face all-mountain helmet and Metah open-face helmet.
ALISO VIEJO, Calif. (BRAIN) — Fizik has recently announced a 90-day comfort guarantee on its saddles and a 30-day guarantee on its shoes and bib shorts.
MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.
GREENVILLE, S.C. (BRAIN) — Retailer Robin Bylenga opened Pedal Chic in 2010 to cater to female cyclists. In February, Bylenga moved the store into a larger space on the bike path in downtown Greenville, about two and half blocks from Pedal Chic's previous location.
PORTLAND, Ore. (BRAIN) — North St. Bags, which makes bike panniers and bike accessories in addition to backpacks and other gear, is moving its headquarters and production workshop to Portland's Hawthorne District.
LAGUNA HILLS, Calif. (BRAIN) — A new survey of 1,800 e-bike owners done by Portland State University and the University of Tennessee found that that most e-bike owners are very satisfied and really like their e-bikes (96 percent), because they are "fun" and "exciting" to ride.
KENT, Wash. (BRAIN) — Accell North America has appointed W. John Short as its new CEO. Short will oversee all Accell Group operations and investments in North America and will report to newly appointed Accell Group's global CEO and Management Board Chairman, Ton Anbeek.
BOULDER, Colo. (BRAIN) — Lennard Zinn has rejoined the VeloNews editorial staff as its first test editor. Zinn has contributed to VeloNews continuously since 1989 and is a former staffer.
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