News

Posted May 10, 2011

BRIGHTON, MI (BRAIN)—In its fifth year, the Island Lake Spring Bike Demo in Brighton, Michigan, drew hundreds of consumers this past Saturday who rode demo bikes from Trek, Specialized, Giant, Cannondale, Felt and Jamis.

Posted May 10, 2011

On Sunday, Giant is partnering with the city of Boston to celebrate the start of Boston Bike Week.

Posted May 10, 2011

BEAVERTON, Oregon (BRAIN)— Yakima announced a reorganization of senior management on Tuesday, eliminating the position of CEO Jerry Heinlen.

Posted May 9, 2011

If you missed Universal Sports' special tribute to Belgian cyclist Wouter Weylandt last night, you can see it online at www.universalsports.com/cycling

Posted May 9, 2011

TORONTO, Ontario (BRAIN)—With its pending purchase of the Forzani Group, Canadian Tire Corporation will grow to more than 1,000 retail sports outlets across the country.

Posted May 9, 2011

AUGUSTA, Maine (BRAIN)—A bill that sought to impose a 2 percent surcharge on new bike sales in Maine was recently defeated in committee, and after being presented to the full legislature last week, was placed in legislative files as dead.

Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted May 9, 2011

VISTA, CA—Electra co-founder and creative director Benno Baenziger is leaving his position at the company, effective this month. He will continue as a shareholder and member of Electra’s board of directors, while exploring new ventures.

Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted May 9, 2011

WATSONVILLE, CA (BRAIN)—Sales at Fox Racing Shox hit $42.9 million through March 2011, an increase of 31 percent over last year’s sales of $32.7 million, and exceeding the company’s expectations, according to Compass Diversified Holdings first quarter report.

Posted May 8, 2011

DENVER, CO (BRAIN)— Rudy Project North America has launched its redesigned website at www.rudyprojectusa.com.

Posted May 8, 2011

FRIEDRICHSHAFEN, Germany (BRAIN)—Research released by Eurobike shows that more than 4.1 million Germans buy a new bike every year, and nearly 70 percent of those purchases are made at one of 5,640 specialty retail stores.

Posted May 8, 2011

CERRITOS, CA (BRAIN)—Lee Lewis has joined the inside sales department at VSI Products. VSI is the parent company of THE, Intense BMX, Speed Bicycles, Sinz & Sinz Elite, ITS, EYE BMX, AVE and Vigor, all product lines Lee will be selling to retailers across the country.

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