Industry News
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association has named Steve Matous its new president, effective May 20.
MONTEREY, Calif. — Walmart’s unveiling of a high-end bike brand at the Sea Otter Classic is the latest example of the retail giant’s aim to sell to upscale online shoppers — whether they are shopping for cosmetics, mattresses, or, in this case, bikes starting at $2,300.
SALT LAKE CITY (BRAIN) — Trust Performance, a start up suspension brand founded by a group of industry veterans, is lowering the retail price of its Message multi-link fork by $700.
BRASELTON, Ga. (BRAIN) — Fox Factory's bicycle business, through the Fox suspension, Marzocchi suspension, RaceFace and Easton cycling brands, was up 12.7% in the first quarter this year, to $65 million. The company also said equipping e-bikes will be a bright spot for Fox in the next two seasons.
OLATHE, Kan. (BRAIN) — Garmin Ltd. reported record first-quarter revenue of $766 million with its fitness, outdoor and aviation divisions collectively increasing 12% from the prior year's quarter.
Its fitness sales numbers, which include cycling products, climbed 8.57% (from $166 million to $180 million).
SANTA FE, N.M. (BRAIN) — What began as a white-water kayak excursion to California's Kern River has — 20 years later — put Ben Sarrazin smack in the middle of the e-bike revolution.
SWANTON, Vt. (BRAIN) — Interflon, a Dutch company that sells industrial lubricants in 52 countries, is slowly making its way into the industrial market in the U.S. and along the way is exploring opportunities in the U.S. bike shop market.
INDIANAPOLIS (BRAIN) — Zipp is launching a new program Wednesday that will let consumers trade in their used Zipp wheels for retail store credit they can put toward the purchase of a new set of Zipp wheels. Used gear purveyor The Pro's Closet will provide stores with a trade-in value to offer the customer.
FARMINGTON, Utah (BRAIN) — Jen Harned, who was president and general manager of the Bell and Giro brands for Vista Outdoor, has left the company.
SANTA ANA, Calif. (BRAIN) — If you've seen Jeff Lenosky ride a bike in person or on his YouTube channel, one thing is readily apparent.
He's cool under stress. But not now.
NEW YORK (BRAIN) — Uber's upcoming IPO will likely start out with shares being offered at $44 to $50, which would raise $8 billion to $10 billion and value the ride-hailing company at $80 billion to $90 billion, according a report by Bloomberg.
BOULDER, Colo. (BRAIN) — The final hurdle has been crossed — a majority of the members of the Bicycle Product Suppliers Association have voted to approve their organization's merger with PeopleForBikes.
BOULDER, Colo. (BRAIN) — VeloNews will distribute its 2019 Tour de France Guide to 142,000 readers.
SRAM already has a fleet of power meter options with its Quarq brand, so why purchase PowerTap? The answer lies in its pedal-based power meter technology.
BOULDER, Colo. (BRAIN) — Wholesale bike sales overall were nearly flat in March compared to last year in dollars, and down slightly in units. The month's results capped a first quarter that saw a 20 percent decline in bike units sold in to retailers, according to the Bicycle Product Suppliers Association's Sell-in Report.
OSAKA, Japan (BRAIN) — High-end bike sales in North America and e-bike sales in Europe helped drive sales increase. Losses from a March 2018 factory fire remain significant, however.
BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News has hired a new managing editor, Dean Yobbi, who joined the staff earlier this month.
OSAKA, Japan (BRAIN) — Izumi, a 103-year-old Japanese chain manufacturer, is making a push into the U.S. aftermarket with a new website, new packaging and a partnership with USA Cycling that will see its chains used by top BMX and track riders.
IOWA CITY, Iowa (BRAIN) — With Interbike off the calendar for at least this year, several other events are stepping up to try to attract exhibitors, retailers and others in mid-September.
BOULDER, Colo. (BRAIN) — While the boards of PeopleForBikes and the Bicycle Product Suppliers Association have approved a merger of the two groups, a majority of the members of the BPSA must still vote for the merger for it to become final.
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