Industry News

A neighbor's surveillance camera showed the thieves' vehicles.

ANAHEIM, Calif. (BRAIN) — Thieves made off with Box Components products worth about $100,000 at retail in an overnight break-in at the company's headquarters here Wednesday.

AUSTIN, Texas (BRAIN) — The Professional Bicycle Mechanics Association says it wants to work with the industry to develop a universal professional mechanic certification that would be recognized throughout the industry.

Tagged Retailer education

VENTURA, Calif. (BRAIN) — Patagonia will close its stores and its headquarters and other facilities on Election Day, Nov. 8, to encourage employees and customers to vote. 

The closure is part of the company's Vote Our Planet initiative.

PHILADELPHIA (BRAIN) — The Philly Bike Expo, which started seven years ago in Philadelphia's Armory building with 68 exhibitors, will have at least 153 booths this year, a 9 percent increase over its previous record. The event is now held at the Pennsylvania Convention Center.

Tagged Consumer Expos and Rides
What U.S. shoppers see when they search for SRAM on ChainReaction.com.

COLORADO SPRINGS, Colo. (BRAIN) — U.S. visitors to European-based e-commerce sites like Wiggle and Chain Reaction have seen something new when they searched for SRAM products in recent months: nothing.

Tagged Web/Internet

POOLE, United Kingdom (BRAIN) — Muc-Off is claiming its sales grew 32 percent in the last year, on the strength of an expanded product line, international sales growth and sponsorship of major pro cyclists including Team Sky, British Cycling and Trek Factory Racing.

Germany's show is asking exhibitors to vote on the length of its 2018 event.

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike show are asking its exhibitors to vote on the length of its 2018 event. The show will be held in July for the first time that year, moving up from its traditional timing in mid- to late-August.

OLATHE, Kan. (BRAIN) — Garmin Ltd.'s third quarter results beat Wall Street expectations, with revenue of $722 million for the period, 6 percent over the same period last year.

OSAKA, Japan (BRAIN) — Shimano pointed to weak sales in Southeast Asia, Japan, China and South America as contributors to another steep decline in bike product sales. The company’s sales through the first nine months of this year were down 18.8 percent according to figures released this week.

Tagged Earnings/Financial Reports
Three-year agreement includes apparel, helmets and eyewear.

PARK CITY, Utah (BRAIN) — POC will become the apparel sponsor for the Cannondale-Drapac Pro Cycling Team next year. The brand has been the team's eyewear and helmet sponsor since 2004.

Tagged Racing & Sponsorship

HUNTINGTON BEACH, Calif. (BRAIN)—Two men long known among Southern California fans of custom beach cruisers have joined forces to launch B&H Retired Cycles and will offer dealers a line they call HB Cruisers.

BOULDER, Colo. (BRAIN) — Stages Cycling has hired Dan Knisely as sales director for the Americas. Knisely will start with Stages Cycling in the beginning of November and will be replacing Will Grossman, who has been promoted and will transfer to Stage's indoor and commercial cycling business.

RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS Bicycles, the exclusive United States distributor of Bryton GPS cycling computers, has just launched an employee purchase program for all U.S. bicycle industry employees.

MADISON, Wis. (BRAIN) — Saris Cycling Group is expanding its portfolio of bicycle infrastructure products with the acquisition of Bike Fixtation.

Tagged Mergers, Acquisitions & Investments

SANTA FE, N.M. (BRAIN) — Bicycle Technologies International is now distirbuting products from the Canadian-based brand OneUp Components. BTI said it has received its first order of OneUp products in its warehouse.

CHARLOTTE, N.C. (BRAIN) — CycloFest, Interbike’s mixed trade and consumer demo event held at the U.S. National Whitewater Center here, brought together bike enthusiasts, local trail riders and families from all over the Southeast for the event, which wrapped up on Sunday.

Tagged Consumer Expos and Rides / Tradeshows and conferences / Interbike

CHARLOTTE, North Carolina (BRAIN) — CycloFest seemed a natural draw for retailers in the immediate region who might view the Vegas trade show as a trip too far while their shops are still busy in September. But the event’s 100-plus exhibitors and slate of educational sessions — plus a network of world-class trails — inspired several retailers to trek a half-day or more to the event’s first edition.

Tagged Events / Consumer Expos and Rides / Interbike

TAICHUNG, Taiwan (BRAIN) — Just a week after Eurobike announced plans to move its show from late August to early July in 2018 the organizers of Taipei's Cycle Show announced an even larger calendar shift: from its current dates in March to late October.

Tagged Tradeshows and conferences / Eurobike / Taichung Bike Week / Taipei Cycle Show
More than 1,150 retail buyers pre-registered for new Southeast festival’s opening trade days.

CHARLOTTE, North Carolina (BRAIN) — Some 115 exhibitors have come to the U.S. National Whitewater Center in Charlotte for Interbike’s inaugural CycloFest Southeast trade and consumer festival, which begins Thursday and runs through Sunday.

Tagged Events / Consumer Expos and Rides / Interbike

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes has promoted Tom Jackson to national sales manager, IBD. Jackson has been with Marin since 2010.

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