Industry News

TAICHUNG, Taiwan (BRAIN) — Jerry Huang, who retired from Jagwire after 25 years with the cable-housing manufacturer, has launched his own line of products under the Ciclovation brand.

RICHMOND, Australia (BRAIN) — The Australian accessory brand Knog, which had a successful Kickstarter campaign for its Oi bike bell, ended its campaign for a new backup battery after pledge momentum stalled.

FRANKFURT, Germany (BRAIN) — COBI, the Germany-based brand offering a connected bike system for the aftermarket and OE markets, has hired its first U.S. sales manager, Dan Jeffris.

Results bolstered by acquisitions.

FARMINGTON, Utah (BRAIN) – Vista Outdoor, parent of Camelbak, Giro, Bell, Bushnell and other brands, posted sales of $684 million for the second quarter of its fiscal 2017. That's up 24 percent from the prior-year quarter. The results included $106 million from recent acquisitions.

Tagged Earnings/Financial Reports

BENTONVILLE, Ark. (BRAIN) — Hundreds of industry representatives, from local, regional and national trail advocates and ambassadors to media and CEOs, from all over the country are gathering in Bentonville, located in Arkansas' Ozark mountains, this week for three days to share stories and plan the future of mountain biking.

ALISO VIEJO, Calif. (BRAIN) — Highway Two has promoted Simon McNair to president. George Eubanks, who had served in that role since 2011, is leaving the company. McNair was most recently North American sales director at Highway Two.

Tagged Distributor news

BENTONVILLE, Ark. (BRAIN) — The International Mountain Bicycling Association's board of directors has elected Dave Wiens as its new chairman at the IMBA World Summit being held here this week. Previous board chairman Robert Winston served as chair for six years.

BOULDER, Colo. (BRAIN) — RockyMount is helping the Wish for Wheels campaign give bicycles to kids in local lower income communities at one of the company's regular "Guest Bartender" events, Thursday evening.

BOULDER, Colo. (BRAIN) — Emerald Expositions, the company that owns and puts on the Outdoor Retailer trade show twice a year in Salt Lake City, dropped some major news on Election Day. In response to attendee feedback and ongoing surveys, Outdoor Retailer announced new dates for the shows starting in 2018. The Summer Market will take place in mid-June; Winter Market will run in mid-November.

Tagged Tradeshows and conferences

BLOOMINGTON, Minn. (BRAIN) — QBP's annual Frostbike gathering will be held over the weekend of Feb. 17–18, the distributor announced Tuesday.

MUKILTEO, Wash. (BRAIN) — FSA has released a new 2017 global price list with fewer SKUs. The price list takes effect immediately and is designed to complement FSA’s minimum advertised price (MAP) policy.

Consumers are able to purchase previous model year bikes and frames from Colnago's US website, but local retailers to assemble and deliver bikes.

CHICAGO (BRAIN) — Colnago has launched an online sales platform in the U.S. Through the program, consumers are able to browse and purchase previous model year products, which will be assembled and delivered through local retailers.

PHILADELPHIA (BRAIN) — Organizers of the Philly Bike Show, a consumer show that wrapped up Sunday, said they welcomed the most visitors and most exhibititors in event history.

The show had 3,700 attendees and more than 180 exhibitors.

Tagged Consumer Expos and Rides

NEW YORK CITY (BRAIN) — Brompton Bicycle has announced immediate retail price reductions for its folding bikes and related accessories, citing efficiency improvements at the brand's new factory and the strength of the U.S. dollar.

MADISON, Wis. (BRAIN) — Team USA gold medal triathlete Gwen Jorgensen will speak at Friday night's 13th annual Saris Gala to benefit the Wisconsin Bicycle Federation here.

SILVERADO, Calif. (BRAIN) — The Enthusiast Group, which puts on the well-known Over the Hump mid-week mountain bike race series in Southern California, has added a three-day celebration of bikes, music, food and family fun to its event lineup. 

Tagged Consumer Expos and Rides

BOULDER, Colo. (BRAIN) — Next week's IMBA World Summit in Bentonville, Arkansas, is the first of the organization's biennial events to sell out and is expected to have the highest attendence in history.

Assos' mobile showroom will attend the camp.

HEALDSBURG, Calif. (BRAIN) — Assos of Switzerland is sponsoring a free 10-day cycling camp, Nov. 11-20, in Caifornia's Sonoma Valley. The event, produced by the Duvine Cycling + Adventure Co., includes daily rides, pre- and post-ride refreshements, product presentations and clinics.

Tagged Consumer Expos and Rides

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a worse-than-expected loss for its third quarter and forecast fourth-quarter revenue below market expectations as production issues hampered availability of the newly launched Karma drone and Hero5 Black premium action camera heading into the important holiday sales period.

Tagged Earnings/Financial Reports
IBDs are holding off on big preseason buys, company says. In weak market, division focuses on improving its margins, internal operations.

MONTREAL (BRAIN) — Dorel's bike division reported a drop in third-quarter revenue of $15.8 million, or 5.9 percent, and a year-to-date revenue decrease of $42.8 million, or 5.7 percent. Revenue for the quarter totaled $250.7 million, while year-to-date revenue was $703.7 million.

Tagged Earnings/Financial Reports

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