News
CAVE CREEK, AZ (BRAIN)—Subtitled “Races for Open Spaces,” the third annual Cave Creek Bicycle Festival will be held Nov. 11-13 to raise funds for desert preservation.
MONTEREY, CA (BRAIN)—Organizers of the Sea Otter Classic announced the addition of cyclocross races to the annual four-day race and outdoor festival next year. Sea Otter will offer both men’s and women’s professional and amateur divisions as well as single speed, messenger and industry cup races.
PORTLAND, OR (BRAIN)—If you’re hoping to make a lunchtime run to put your bike in for a derailleur adjustment or wheel truing, you might be out of luck at Green Garage Bicycle Repair. After all, owner Bill Fasano closes his new Portland shop from noon to 2 p.m. to hold a group ride.
WASHINGTON, D.C. (BRAIN)—Suppliers imported 11.2 million bikes through September this year, a 28 percent drop from the 15.5 million units brought in over the same period last year, according to figures from the Commerce Department.
FLETCHER, NC (BRAIN)–Cane Creek is expanding into the South American market, signing ProParts as its Brazilian distributor.
“Brazil is a notable market and ProParts is a respected and well-established distributor of high-end components," said Peter Gilbert, Cane Creek’s vice president of sales.
COVINGTON, KY (BRAIN)—Specialty Bike Expo, a new trade show set to take place Nov. 30 to Dec. 3 at the Northern Kentucky Convention Center, has been tabled. Organizer Jim Keefe said that while a good number of retailers and suppliers signed up to exhibit or attend, it wasn’t enough to make it a worthwhile event.
GRENCHEN, Switzerland (BRAIN)—BMC’s Andy Rihs and e-bike brand Stromer’s Thomas Binggeli have joined their companies under one banner, International Sport Holding (ISH). In doing so, the pair hope to give Swiss technology and manufacturing a boost in the international market.
VAN NUYS, CA (BRAIN)—Easton-Bell Sports reported double-digit growth in sales of Easton-branded wheels and components during the third quarter. Sales of its Giro cycling shoes were also strong, the company said in its latest earnings report.
TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.
COSTA MESA, CA (BRAIN)—The National Bicycle Dealers Association is hosting a free webinar for its members led by industry consultant Jay Townley on Thursday.
BOULDER, CO; PORTLAND, OR; NORTHFIELD, VT (BRAIN)—Product Architects, maker of the Polar insulated water bottle, has expanded its sales and accounting staff with the hire of Mike Goldberg as sales associate and Montana Marsden as accounting manager. The company now employs 34 full-time staff.
NEW YORK CITY, NY (BRAIN)—Bike New York has announced plans to launch a new bike expo in New York City next May 3-5, just prior to the 2012 TD Bank Five Boro Bike Tour.
TULSA, OK (BRAIN)—918XC.com, a Tulsa, Oklahoma, bicycle shop and e-commerce site specializing in 29er mountain bikes, has entered into a merger agreement with Austin, Texas, retailer Hammerhead Bikes.