REDWOOD CITY, CA—When Washington Mutual Bank began to waver this fall amid the national financial crisis, Mike Jacoubowsky started to worry.
BY MATT WIEBE
FORT COLLINS, CO—Tom Petrie was ready to raise prices on his European product line in January, but then economic turmoil struck and the dollar’s value went up while the euro’s value declined. Petrie is still planning to post revised prices in January, but they may be lower.
BY MATT WIEBE
TAICHUNG, Taiwan (BRAIN)—The December mini-shows in Taichung are expected to attract more product managers than ever before, organizers say.
LOS ANGELES, CA (BRAIN)—Sport Chalet’s sales decreased to $96.5 million during its second fiscal quarter ending September 28. This sales figure includes seven new stores the company opened compared to its second quarter last year.
PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods reports that its overall sales were $924.2 million, up 10 percent from its 2007 sales of $838.8 in the third quarter ending November 1.
MORGAN HILL, CA (BRAIN)—The current batch of counterfeit Specialized Tarmac framesets circulating the Internet isn’t the first time Specialized has dealt with sales of fake products, but it is the brashest case the supplier has seen, according to Mark Schroeder, director of engineering for Specialized.
Niece Leslie and son Miles hope everyone had a wonderful Thanksgiving Holiday. —JN
BOULDER, CO (BRAIN)—The majority of the nation’s national parks have historically been off limits to mountain bikers, but that could change if the National Park Service grants a rule change easing the administrative process for opening trails to bicyclists.
Happy Turkey Day!
The BRAIN staff wishes you and your family a happy and safe Thanksgiving holiday.
VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel hired Hartford Sales Group, Pursuit Brand Equity Group and Holly Wiesman this week to represent the company.
BELLINGHAM, WA (BRAIN)—The Hawley Company will begin distributing Softride bike racks and towing products after the first of the year.
Softride has traditionally sold direct to dealers, however with the increasing freight charges, smaller orders weren’t cost effective for dealers to purchase.
BETHEL, CT (BRAIN)—Topolino Technology is adding a new distribution channel for its Carbon Core wheels.
New York’s Security Bicycle Accessories will distribute Topolino Technology’s carbon/Kevlar spoked wheels.
It may seem like a track bike wouldn't stand a chance against a super-charged V8 engine in a speed contest, but don't mention that to Olympic gold medalist Chris Hoy.
MILTON, FL (BRAIN)—Christoph Vogl will join Formula Brake as division coordinator/consultant for the company's North American market.
Vogl has been in the bicycle industry for 12 years and earned his mechanical engineering degree from the Technical University of Darmstadt in Germany.
VISTA, CA (BRAIN)—Electra Bicycle Company is rolling into the Bicycle Museum of America.
The New Bremen, Ohio-based museum selected two of the company’s popular Townie models to add to its permanent collection.
WATSONVILLE, CA (BRAIN)—Fox Racing Shox is warning against making illegal modifications to its suspension forks after learning of several instances of altered products.
Last week, Fox sent the warning to its international distributors, members of the media, as well as posted the notice on its Web site.
BOULDER, CO (BRAIN)—Bikes Belong announced funding on Monday for five bike facility projects.
The awards will help communities in Iowa, Kansas, Michigan, Ohio and South Carolina construct paths and parks that will encourage active commuting and great recreational riding.
The recipients are:
BLOOMINGTON, MN (BRAIN)—Steve Flagg, the president of Quality Bicycle Products, was named a national finalist for the Ernst & Young Entrepreneur Of The Year 2008 Award in the Retail and Consumer Products category.