Jay Johnson has invented one of the most innovative gadgets on the market today, the CordCruncher Headphone. Basically, what this retractable headphone cable sleeve does is it replaces the unpleasant traditional cord tangles of headphones and allows its user to wear it on his or her wrist.

The elastic zip of the CordCruncher Headphone can be pulled down up to the user’s preferred cable length, which can be exposed from 16in to 3.5ft. After using the earphones, the user can simply zip up. Three color options include iGizmo White, Pearl Blue, and Rocket Red.

Furthermore, connecting the top of the CordCruncher Headphone to the jack can form a wristband. Its right and left wires, which are held in a stretchy sheath, can be worn as a necklace, as well. Thus, it is not easy to lose the gadget.

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Winning the prestigious Red Dot Design Award for 2012 is the new Tern Verge Duo. Loaded with state-of-the-art elements, this folding bike was chosen by a panel of 30 experts from around the world among 4,515 products submitted by 1,800 designers and manufacturers from 58 countries.

One of the major features of this 25-pound folding bike is its ability to fold in as fast as 10 seconds only without losing its reliable torsional stiffness. Making it a smooth and clean looking urban commuter is its cable-free design, BioLogic FreeDrive chain cover, rear rack, kickstand, light, and fenders.

Depending on the rider’s speed, the SRAM Automatix 2 speed hub of the 2012 Tern Verge Duo Folding Bike is designed to shift up and down automatically. Integrated into the bike’s seatpost is the BioLogic post pump. The bike also has BioLogic Arx grips featuring an integrated 4-, 5-, 6-mm hex tool….

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Paul Smith, a British designer, has collaborated with the sports department of Harrods, for the launch of a new Pop-Up Bike Shop for 2012. Located on the fifth floor of the most well-known luxury department store in the world, this exclusive pop-up shop is set to operate for two months.

Aside from vintage cycling posters and magazines, top manufacturers namely Brompton, Condor, Paris, and Mercian will provide a made-to-order bicycle service as well as a capsule collection of stylish T-shirts with bold graphic prints.

Rapha, a major cycling lifestyle brand, will offer a collection of Rapha + Paul Smith jerseys, as well. Inspired by time when Smith started racing at the Beeston Cycling club, these jerseys will feature pictures and quotes from the designer’s cycling career.

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Jose Hurtado is the brain behind the Twist Bike, a bike designed hubless with reversible capabilities. In addition to its unorthodox qualities, the Twist Bike can be connected to other Twists for a chain of tandem riding riders.

A minimalism design was deployed on all aspects. Nothing about this bike is conventional, except for its functionality. Even its gearing system takes on a modern, chic form.

Highly versatility with plenty to wow, the hubless Twist Bike definitely earns a place in our book for design and innovation. Which of its features rank highest for you?

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KickStarted.com, a funding platform for inventions, is currently featuring a product know as The Jiggernaut. The Jiggernaut is a bicycle frame jig, geared at aiding novice frame builders in their endeavors without the heavy costs of frame building.

The Jiggernaut was designed with quality in mind. Easy to assemble, the essential frame building tool ships light as a half sheet of ¾” thick MDF with all of the necessary parts to complete the structure.

The creators are currently looking for funding, hence the reason for appearing on KickStart. You can help them by pledging the minimum of $1. There are intensives for those who pledge a high dollar figure. Hurry, there campaign ends in 3 days. See the video after the jump for more details.

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