Industry News
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.
BLOOMINGTON, Minn. (BRAIN) — Forests around the world breathed a sigh of relief on hearing that QBP will no longer produce a print catalog for its dealers.
PHILADELPHIA (BRAIN) — Organizers of this weekend's Philly Bike Show say a transit workers strike, which began Nov. 1, should have little effect on this weekend's show.
MESQUITE, Texas (BRAIN) — Sports drink maker The Pickle Juice Company has added distribution in Central and South America and Australasia, including Australia, New Zealand, New Guinea and neighboring islands.
PORTLAND, Ore. (BRAIN) — Portland Design Works is introducing an Authorized Dealer Program aimed at limiting minimum advertised price (MAP) violations on online third-party platforms and at reinforcing the accessories brand's dealer relationships.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said its sales increased 2.7 percent to $109 million in the third quarter, compared with $106.2 million in the same period last fiscal year.
SANDY, Utah (BRAIN) — Reynolds Cycling said it has recently completed a phase of hires and restructuring of current staff.
PORTLAND, Ore. (BRAIN) — Keen Footwear has hired industry veteran Casey Sheahan as its next president. Sheahan succeeds outgoing president Steve Meineke, who will retire in mid-November and remain a Keen Advisory Council member.
BLOOMINGTON, Minn. (BRAIN) — QBP has acquired global aftermarket distribution rights for Promax from California-based The Cycle Group. QBP will be responsible for global aftermarket distribution, sales and marketing and will assist with product development of Promax products.
ACTON, Mass. (BRAIN) — The New England Mountain Bike Association has published an online article to provide consumers and bicycle dealers guidance about where to ride electric-assist mountain bikes on natural surface trails in New England.
GRAND JUNCTION, Colo. (BRAIN) — Kreitler Rollers has announced it will stop selling product through distributors and will focus on dealer-direct sales. The roller manufacturer, which is owned by Mountain Racing Products, said it will concentrate on supporting key dealers.
IRVINE, Calif. (BRAIN) — RedMonkey Sports products are now available through BikeFettish's distribution channels. The company said the new agreement will help propel RedMonkey into new international markets as well as expand its domestic base.
BURNABY, British Columbia (BRAIN) — Campervan Brands will begin distribution of Supacaz products effective immediately.
MALMO, Sweden (BRAIN) — The company pointed to three factors for the sales decline in the American region.
OVERLAND PARK, Kan. (BRAIN) — eVent Fabrics has hired Dave Wilson as a sales account manager. Wilson is returning to eVent after a nine-year hiatus, during which he worked most recently as a senior product designer and developer at Garmin.
ST. PAUL, Minn. (BRAIN) — Park Tool is accepting applications for its second annual Community Tool Grant Program, which was designed to help local non-profit cycling organizations get the repair products they need.
BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association has promoted three current staffers into new positions for the organization.
ROCHESTER, N.Y. (BRAIN) — Blackout Distribution and Kink BMX have hired Art Harris as the new sales manager, overseeing both inside and outside sales for the brands.
WATERLOO, Wis. (BRAIN) — Trek is making live video streams available for the DVV Insurances Trophy cyclocross series, starting with the Koppenbergcross race on Tuesday.
The videos will be streamed lived on Trekbikes.com at no charge. Replays will not be available.
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