Kent buys Univega brand, will relaunch it as a US-made IBD brand

MANNING, S.C. (BRAIN) — Kent International is bringing back the Univega brand, once a bike shop mainstay.

Pivot Cycles hires John Pentecost in international sales and Ron Koch in media relations and content

TEMPE, Ariz.

BionX shuts down as it searches for new owner

AURORA, Ontario (BRAIN) — BionX Canada, the maker of retrofit e-bike conversion kits, has entered into receivership. Grant Thornton, a business and advisory firm, has taken over management of the company and all business activity has been suspended.

IMBA launches new national grant program at Interbike

New program will direct money straight to local IMBA chapters.

ACT Lab establishes sales and research office in Japan


Phillip Lucas transitions to part-time work with Velocomp, returns to Europe

NEW YORK CITY (BRAIN) — Phillip Lucas is transitioning to part-time consulting work with Velocomp, where he has worked for the past year. Lucas is returning to Europe to live closer to his family and work via his Netherlands-based consulting firm, Upshift Sports Consulting. Lucas said he will spend the fall trade shows welcoming and to responding to inquiries from new clients

Industry wins landmark ruling overturning duties on cassettes

NEW YORK (BRAIN) — For duty purposes, bike cassettes are once again being treated just like freewheels — exempt from all duty requirements, thanks to a recent ruling by the U.S. Court of International Trade

Leatt Corp. first half sales total $9.3 million

CAPE TOWN, South Africa (BRAIN) — Protective products manufacturer Leatt Corporation announces on Friday that its first half sales totaled $9.3 million, up from $8.5 million in the first half last year. In the half, the company registered net income of $101,000. The company’s second quarter saw revenues of $3.5 million, with a net loss of $221,063, compared to revenues of $3.7 million, with a net loss of $11,456, or $0.00 per share, for the 2016 second quarter.  “The second quarter is traditionally a challenging quarter for Leatt as our customers receive their primary stocking orders in Q1 and Q3, respectively, in line with industry seasonality,” said CEO Sean Macdonald.

David Wang joins ASE as vice president of purchasing

PHILADELPHIA (BRAIN) — Advanced Sports Enterprises has added industry veteran David Wang to its executive team as vice president of purchasing. The position is new to ASE and entails working with the product groups and merchant teams at Advanced Sports International, Performance Bicycle, and Nashbar to manage current purchasing processes and procedures

BikeFlights offers new box that’s more durable and more blue

PORTLAND, Ore. (BRAIN) — The bike shipping service BikeFlights has adopted a new bike shipping box made of Coroplast instead of cardboard. The company said the new box has the same internal suspension design of the box it introduced last summer , but is more water resistant, stronger and more durable.  BikeFlights is working with Garten Services, Inc., to handle box storage and fulfillment