News

Posted June 5, 2017

TAICHUNG, Taiwan (BRAIN) — An article that popped up on a Chinese website that covers venture capital investment caused a stir last week. It reported that Ofo, a Chinese bike sharing company, was looking to purchase Giant Manufacturing.

Posted June 5, 2017

MONTRÉAL (BRAIN) — Canadian sporting goods distributor Raymond Lanctôt Ltd. has acquired British Columbia-based cycling distributor NRG Enterprises.

Posted June 5, 2017

SANTA FE, N.M. (BRAIN) — Following the opening of BTI's new distribution center in Reno, Nevada, on May 1, the company is now debuting a revamped version of its suspension and disc brake repair center at the facility.

Posted June 5, 2017

SAN DIEGO (BRAIN) — Starting this month J&B Importers is distributing the complete Maxima Racing Oils Bike line from all 11 of its distribution centers.

Posted June 5, 2017

GIRONA, Spain (BRAIN) — The first Sea Otter Europe Costa Brava-Girona Bike Show closed its doors Sunday after three days, claiming 30,000 visitors and more than 4,000 registered athletes.

Posted June 2, 2017

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is working with its sister trade show, RFID Journal LIVE!, to offer the bike industry a seminar on RFID technology at this year's show.

Posted June 2, 2017

MORGAN HILL, Calif. (BRAIN) — Leaders of two of the largest bike brands are speaking out publicly about President Trump's decision to pull out of the Paris climate accord.

Posted June 2, 2017

TAMPA, Fla. (BRAIN) — Ironman, the owner of the Ironman triathlon brand and related holdings, has acquired Competitor Group Holdings, Inc., which owns the Rock 'n' Roll Marathon series and media titles including VeloNews, Women's Running, Triathlete, and Competitor. CGI also owns the Race IT event registration service.

Posted June 2, 2017
Doppelt Fund grants are designed to fill financial gaps.

WASHINGTON (BRAIN) — Rails-to-Trails Conservancy has awarded over $100,000 in grants through its Doppelt Family Trail Development Fund, which supports small, regional projects that are vital to trail systems but often fall through the cracks of traditional funding streams.

Posted June 2, 2017

VANCOUVER, British Columbia (BRAIN) — Cycling Sports Group has appointed Jason Brown as the director of North America sales for Sugoi and Dennis Kim as the director of marketing for Sugoi. Both will report to Ian Domaas, Sugoi's vice president and general manager. 

Posted June 1, 2017

HUNTINGTON BEACH, Calif. (BRAIN) — Perry Kramer, whose initials are immortalized in SE Bike's PK Ripper BMX model, is returning to the brand, which is now owned by ASI.

Posted June 1, 2017

CHICAGO (BRAIN) — Mike Mercuri and Jeff Shupe — two of SRAM's six co-founders — are transitioning into new roles at the component brand. Both are celebrating 30 years with the brand this year.

Posted June 1, 2017

LAGUNA HILLS, Calif. (BRAIN) — The stock market has been on the upswing in the last year, but many publicly traded companies in the bike business have had a tougher time as sluggish sales and excess inventory took a toll.

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