Industry News

QBP's Shawn Heidgen (left) with Leah Benson, the owner of Gladys Bikes.

TRUCKEE, Calif. (BRAIN) — QBP recognized several industry members at its recent SaddleDrive event at Northstar Resort here.

Camisasca and ECRM part ways due to changing market

SOLON, Ohio (BRAIN) — ECRM, the Ohio company that bought Lance Camisasca's PressCamp, has shut down the operation effective Wednesday due primarily to the ongoing weakness in the bicycle and outdoor markets.

Tagged PressCamp

MANCHESTER, N.H. (BRAIN) — Eyewear manufacturer Julbo is the newest addition to The Bike Cooperative's network of supplier partners. Members of the retail cooperative will earn rebates on their purchases of Julbo eyewear and accessories, both direct and through distributors.

Company blames sales declines at mass and fewer closeouts in IBD channel for revenue drop in second quarter.

MONTRÉAL (BRAIN) — Dorel Industries reported that second-quarter revenue was down 11 percent in its sports division, which includes its mass and IBD bike businesses, including Cannondale, Caloi, GT, Mongoose, Schwinn and Sugoi brands.

Tagged Earnings/Financial Reports

PARK CITY, Utah (BRAIN) — Rossignol Group, which recently bought Time Sport and Felt Bicycles, will launch its first line of Rossignol-branded mountain bikes next spring.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — August 15 is the deadline for brands to submit products for consideration for Interbike's IB Innovation Awards.

Bicycles, components, accessories and apparel can all be nominated.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike will host a screening of "Blood Road" in partnership with Red Bull Media House on Sept. 20.

Tagged Interbike

TEMPE, Ariz. (BRAIN) — Pivot Cycles is now offering a 10-year warranty on all its carbon frames purchased after June 1 this year. The brand's previous warranty was three years.

ORLANDO, Fla. (BRAIN) — Derek Goltz, the longtime marketing director for Finish Line Technologies, has launched his own independent marketing agency, BGP Marketing.

FAIRFAX, Calif. (BRAIN) — U.S. mountain bike innovators Brent Foes and Mark Norstad will be inducted in the Mountain Bike Hall of Fame next month, along with Italian downhill racer Giovanna Bonazzi and European journalist, race promotor and manufacturer Wolfgang Renner.

LONGMONT, Colo. (BRAIN) — CrossVegas' E-Bike Challenge will be sponsored by Focus and 15 entrants will get a chance to use a new Focus e-bike for the race, the company announced.

Tagged Racing & Sponsorship / Interbike

PHILADELPHIA (BRAIN) — Advanced Sports Enterprises has added industry veteran David Wang to its executive team as vice president of purchasing.

LÉVIS, Québec (BRAIN) — Distributions Lyncée has added to its sales force in several territories.

DENVER (BRAIN) —Alchemy Bicycles has named industry veteran Joe Stanish as the brand's Chief Operating Officer. Stanish brings 23 years of cycling-industry experience and manufacturing expertise, including his most recent role as the global vice president of operations for Enve Composites and Mavic.

LONDON (BRAIN) — Rapha has announced that U.S.-based RZC Investments is now the majority shareholder in the business.

Tagged Mergers, Acquisitions & Investments

CHICAGO (BRAIN) — SRAM has announced the hiring of its second Chief Operating Officer in the company's 30-year history, Ken Lousberg.

BLOOMINGTON, Minn. (BRAIN) — QBP is introducing a new service called Retail to Home Delivery for retailers enrolled in the top tier of the distributor's Dealer's Choice program.

Tagged Distributor news
Emerald expects Interbike's move to Reno-Tahoe will strengthen show, bring back brands who haven't exhibited in recent years.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions reported 14 percent growth in revenue for the second quarter compared with the same period last year — about a third of that from organic growth and two-thirds from recent acquisitions.

Tagged Earnings/Financial Reports / Interbike

SACRAMENTO, Calif. (BRAIN) — The California Bicycle Coalition (CalBike) has announced the initial program for this year's California Bicycle Summit, set for Oct. 3-6 at the Sacramento Convention Center and surrounding venues.

Tagged Advocacy/Non-profits / Events

 SAN MATEO, Calif. (BRAIN) — Shares of GoPro Inc. surged 20 percent in trading Friday after the company this week reported second-quarter earnings that topped analyst expectations due in part to restructuring and job cuts that have reduced the action camera and drone maker’s costs. 

Tagged Earnings/Financial Reports

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