BOULDER, CO (BRAIN) Tuesday July 3 2012 4:59 PM MT— The continuation of favorable weather helped boost May dollar sales to record levels at IBDs despite a drop in the number of bicycles sold, according to new figures from Leisure Trends Group. Merchandise totaled $372 million for month, up 4 percent from a year earlier …
BOULDER, CO (BRAIN) Tuesday July 3 2012 12:28 PM MT—An investment group led by three former VeloNews executives has bought a space industry magazine and website, Space News and www.spacenews.com. Felix Magowen is the chairman of Space News Inc., a new entity set up as parent of the titles. Magowan was a co-founder of Inside …
BOULDER, CO (BRAIN) Tuesday July 3 2012 12:10 PM MT—Mavic, Inc., general manager Hugh Walton, who suffered a stroke in Massachusetts in May, has been discharged from a hospital in his hometown of Boulder and will continue his recovery at home, his wife said Tuesday. “He starts outpatient cognitive therapy this week and is expected …
BOULDER, CO (BRAIN) Tuesday July 3 2012 11:59 AM MT—Future Publishing, publisher of CyclingNews.com and BikeRadar.com, is launching a new mountain bike website called ChopMTB.com this week. The company said the site will feature “the best adrenaline mountain biking content from across the globe and is aimed at thrill-seeking mountain bikers and ‘armchair gravity riders’ …
NOVATO, CA (BRAIN) Tuesday July 3 2012 10:20 AM MT—Matt VanEnkevort, who resigned last week as managing director of Full Speed Ahead has joined Marin Bicycles as chief executive officer, the company announced Tuesday. VanEnkevort will start immediately. Marin was founded in 1985. In February, the brand was sold to a European private investment group, …
VICENZA, Italy (BRAIN) Tuesday July 3 2012—Selle San Marco brand and design manager Luca Bertoncello is leaving the Italian saddle manufacturer to join Japanese apparel company Pedaled. Brooks England—part of the Selle Royal family—owns a 60 percent share of Pedaled, which is a collection of high-end, made-in-Japan urban cycling apparel. The five-year-old brand expanded into …
BETHEL, CT (BRAIN) Monday July 2 2012 4:11 PM MT— Cannondale is promoting the women’s Reve Tour with a 30-second television spot running during prime-time Tour de France coverage on NBC Sports for the next three weeks. Cannondale is the bike sponsor for the Reve Tour, a group of six amateur women who are riding …
SANTA FE, NM (BRAIN) Monday July 2 2012 9:39 AM MT—Bicycle Technologies International broke ground Friday on a new 50,000-square-foot call center and distribution hub here. The new building will be more than three times the size of BTI’s current warehouse. The company said it plans to improve supply to U.S. bicycle dealers through investments …
Specialized launches new aero helmet at Tour • American Classic introduces first TV ad campaign • Wilier debuts new road frame • Team Sky extends with Pinarello • Rapha promotes ‘Circle of Death’ Strava challenge • Bicycling offers cross-platform Tour coverage • Scott introduces new shoes • Follow the Tour — the 1986 Tour — …
ALLEN, TX—Mavic has no plans to sell its products consumer-direct, despite its parent company’s recent agreement with an e-commerce company. “At this time there is no plan to take Mavic consumer direct. To the contrary, Mavic is focused on investing in our existing dealer network,” said Zack Vestal, the brand’s communications manager. Last week, PFSweb, …