News
COSTA MESA, CA (BRAIN) — James Moore, owner of Moore’s Bike Shop in Hattiesburg, Mississippi, is the new president of the board of the National Bicycle Dealers Association.
HAVERHILL, MA (BRAIN) — Mavic is introducing its first mountain bike wheel-tire combo, the Crossmax Enduro WTS. The wheelset, available in 26-inch and 27.5-inch versions, is intended for enduro racing. The company also is introducing a new shoe intended for the fast-growing discipline.
COLORADO SPRINGS, CO (BRAIN) — Forest fires in Colorado are closer to being under control, but the fires created a very busy — and nerve wracking — week for one industry supplier in Colorado Springs.
MENDHAM, NJ (BRAIN) — Van Dessel Cycles has received "a substantial infusion of money" from a private investor from Hong Kong, the brand's founder announced Tuesday.
HOOD RIVER, OR (BRAIN) — Dakine has moved its headquarters from downtown Hood River to a new waterfront development at the city's port. The company's new home is adjacent to a famous kiteboarding and windsurfing destination and minutes away from mountain bike trails.
By Tim Blumenthal, president of Bikes Belong
RENO, NV (BRAIN) — Light maker Jet Lites has been purchased by Mike Henderson and Jim Scripps.
You know how when you get back from a long bike ride and get cleaned up and slip into your flip-flops, your feet just feel so darned ... good?
TORONTO, Ontario (BRAIN) — Onex Corporation has completed its purchase of Nielsen Expositions, the owner of Interbike, for $950 million.
PORTLAND, OR (BRAIN) — Rapha has hired Hillary Benjamin to become the London-based company's head of North American marketing and sales. Benjamin is a former vice president of marketing for Dorel Industries' Cycle Sports Group. She is also a former senior director of marketing for Equinox Fitness Clubs.
MEQUON, WI (BRAIN) — Hayes Components has promoted Luke Musselman to OE sales manager for the Americas, the company announced Monday. Musselman, who has been with Hayes for three years, was previously global manager for aftermarket sales and OE sales manager for Canada.
WASHINGTON, D.C. (BRAIN) — The Consumer Product Safety Commission is proposing a rule change that would affect importers and manufacturers of bikes, helmets, cycling apparel and children’s products, and is accepting written comments on the proposed change. Comments are due by July 29.
The average bicycle retail store earns annual pre-tax profit of 5.5 percent, but the top 25 percent bring home nearly three times that.
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