Local US mtb group sent an email 45 minutes ago and there have already been several responses!
I understand the need to defend a trademark, but I don’t think that the shop name infringes or would cause confusion. The wheels may be a little more of a gray area, but I think the shop could win as wheels aren’t mentioned in the trademark document. I also think that this would have been the best solution for the big S:
Why doesn’t Specialized just protect it’s name by licencing it to that shop for a small sum? That way they have protected their trademark, and the shop gets to use it too…
A nondisclosure clause for the license fee could have been part of the agreement.