News
NEWBURY PARK, CA (BRAIN)—Giant global director of product development Dennis Lane has decided to leave the company at the end of September.
MEMPHIS, TN (BRAIN) — Victory Bicycle Studio is set to move only three miles from its current home next month, but the new location opens the year-old retailer to a whole new world of possibilities.
PHOENIX, AZ (BRAIN)—BMX rider Rickey Bates died last week in a car crash. He was 23.
"If I bike and raise money for pediatric cancer research, I might be able to save someone's life."
SAN CLEMENTE, CA (BRAIN)—Derek DeJonge, publisher of Bike and Paved magazines, has left the company. He had been with Bike for more than a decade.
The search for a new publisher is currently underway, according to the company.
The company didn't respond for further comment on the matter.
AMERICAN FORK, UT (BRAIN)—Three Utah retailers were hit within weeks of each other by bike thieves who targeted high end models, according to police.
"You're just sick. You're heartbroken. You feel violated," said Jeff Nolte, owner of Trek Bicycle of American Fork, to a Utah news outlet.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Bridgeway International, has issued a voluntary recall of about 91,000 bikes.
The bicycle chain can break, causing a rider to lose control and fall.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Specialized, has issued a voluntary recall of about 14,200 bicycles with Advanced Group carbon forks.
Specialized was unavailable for further comment.
HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has taken notice of the intention of Pon Holdings B.V. to make a public offer for all outstanding shares of Derby Cycle
at a price of € 28 per share.
CLOPPENBURG, Germany (BRAIN)—Derby Cycle has reached an agreement with Dutch Pon Holdings to acquire all the company’s shares, averting a hostile takeover by competitor Accell Group.
Pon, one of the largest family-owned businesses in the Netherlands, is an international trading and service company.
“We view this as a new transit system that’s self-powered. The idea is to have so many stations, it’s easy to get from one point to another quickly. It fills in the gap in the existing transit system and allows people to pick up a bike at one location and drop it off at their destination.”
LAS VEGAS, NV (BRAIN)—The Light Electric Vehicle Association (LEVA) saw a much bigger crowd this year. This was largely due to the test track being almost four times larger, which accommodated more than 600 riders—a 50 percent increase over last year.
PHILADELPHIA, PA (BRAIN)—The Philly Bike Expo returns for a second year in late October with this year's theme being "Origin of the Species — the Evolution of the Mountain Bike."
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