Industry News
STOCKHOLM (BRAIN) — Thule Group announced Friday that its net sales were up 6.9 percent in its third quarter, the period from July through September. Adjusted for exchange rate fluctuations, sales rose 8.5 percent, to 1,385 million Swedish Krona ($165 million).
SANTA ROSA, Calif. (BRAIN) — Four Bay Area Trek stores are working with Trek Travel to produce a group ride on Saturday to support relief efforts following the North Bay wild fires.
COTATI, Calif. (BRAIN) — Employees at Yuba Bikes are donating one day's worth of wages to the North Bay Fire Relief Fund and the company is matching the donations.
HELSINKI, Finland (BRAIN) — Sales in Amer Sports' cycling division, which comprises Mavic and Enve, were down 10 percent through the first nine months of the company's fiscal year, and down 8 percent in the third quarter. The company said its bike-related sales were hurt by high OEM and retail inventories.
SAN JOSE, Calif. (BRAIN) — BicycleBlueBook.com was named eBay's 2017 Sporting Goods Seller of the Year at eBay's recent Top Seller Summit in San Jose.
BicycleBlueBook.com was recognized for its rapid growth in selling used bicycles on eBay.
FRAMINGHAM, Mass. (BRAIN) — Brandale Randolph's goals for the bike brand he founded last year would be unfamiliar to some entrepreneurs.
AMSTERDAM (BRAIN) — Beginning Jan.1, NuVinci Cycling, a division of Fallbrook Technologies Inc., will be operating under a new name: enviolo.
The division will be operating more independently from Fallbrook, the company said.
FRUITA, Colo. (BRAIN) — The Fruita Fat Tire Festival has reached a preliminary agreement with the Bureau of Land Management to stage a bike demo and expo on-site at the Bookcliffs/18 Road trail system north of the Colorado town.
VENTURA, Calif. (BRAIN) — Zeitbike is now distributing the entire range of Panaracer tires, including models for gravel, cyclocross, fat biking, mountain bike, road, recumbent, BMX, city and touring bicycles.
OSAKA, Japan (BRAIN) — Shimano saw a slight increase in sales in its bike division through the first nine months of 2017, up 1.4 percent to 196 billion yen ($1.7 billion) over sales in the same period last year. Operating income in the division decreased nearly 5 percent over the period however.
BOULDER, Colo. (BRAIN) — Doug Emerson and Frank Banta called the Boulder Valley Velodrome their "field of dreams." Emerson and Banta built it, and cyclists came. Now the pair is seeking new owners who would take their dreams and make this Olympic-caliber velodrome a world-class venue.
BOULDER, Colo. (BRAIN) — Australia-based website CyclingTips.com has hired Caley Fretz to join its editorial team.
CHARLOTTE, N.C. (BRAIN) — On what was expected to be the peak day of Interbike's second annual Fall CycloFest trade and consumer festival, cyclists lined up at the Specialized booth all day Saturday to try out one of the Morgan Hill, California, brand's dozens of bikes available for demo at host venue the U.S.
NELSON, British Columbia (BRAIN) — Canadian distributor NRG Enterprises Ltd. has added CushCore, Ravemen, Melon and Julbo to its product offerings.
FÜRTH, Germany (BRAIN) —Crankbrothers has announced a new exclusive distribution arrangement for the German market with Cosmic Sports GmbH.
GRENCHEN, Switzerland (BRAIN) — BMC Switzerland has hired Greg Dolder as its global director of technology. Dolder comes to BMC with extensive experience in both the tech and bicycle industries.
SHERIDAN, Wyo. (BRAIN) — Foldaway Solutions LLC, the distributor of Oyama Bicycles, Uniche and BTP Bar Tape, has has hired industry veterans Barry Riemer and Ken DeCesari. Riemer joins as CFP and DeCesari is the new vice president of sales.
SIMI VALLEY, Calif. (BRAIN) — Raleigh Electric is partnering with the Los Angeles-based Bahati Foundation to auction a 2017 Redux IE e-bike. Proceeds will support the Foundation's philanthropic work.
PHILADELPHIA (BRAIN) — Dealers rushing to see the latest from their suppliers will not have to deal with consumer crowds at the Philly Bike Expo. For this year's show, Nov. 4-5, doors will open at 8 a.m. with the first two hours of the day reserved for dealers only. Consumers will be allowed in at 10 a.m.
TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week drew some 470 exhibiting companies at five hotels in the city this week. Although the timing is late for U.S. product managers, Taiwanese vendors see it as their last chance to attract OE spec for the upcoming model year.
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