Industry News
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.
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.
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.
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.
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.
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.
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