Industry News

OGDEN, Utah (BRAIN) — Suunto has hired Bryson White as brand manager for the Americas and Jason Tillinghast as commercial category manager for North America.  

NEW YORK (BRAIN) — Eddy Merckx Cycles has announced that it will be the bike supplier for the Lupus Racing Team,  a UCI Continental men’s team led by 2013 Vuelta a España champion Chris Horner. The team’s 15 members will ride Merckx’s San Remo 76.

Tagged Racing & Sponsorship
Fitness revenue up 14 percent in quarter on strength of wellness, running and cycling products.

OLATHE, Kan. (BRAIN) — Sales and profit declined at Garmin Ltd. in the fourth quarter, but the company’s fitness business — which includes cycling products — posted its strongest gains for the period.

Tagged Earnings/Financial Reports

LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer & Industry News is looking for new product information and news to include in its annual Sea Otter Festival & Gear Guide that will be handed out at the four-day festival in April and distributed to retailers and BRAIN’s subscriber base before the event.

Tagged BRAIN News / Sea Otter Classic

FLETCHER, N.C. (BRAIN) — Cane Creek Cycling Components, Inc. has hired Brent Graves its president. Graves was most recently the director of road bikes for Specialized. He also has had product and operations leadership roles at BMC, Iron Horse, Free Flite Bicycles, Answer-Manitou and Diamondback.

TAIPEI, Taiwan (BRAIN) — The World Federation of the Sporting Goods Industry will hold a public meeting at the Taipei Cycle Show next month, in addition to several industry-only meetings.

Tagged Racing & Sponsorship / Taipei Cycle Show
DeLorme offers mapping products and GPS devices with satellite texting features.

YARMOUTH, Maine (BRAIN) — Garmin Ltd. has agreed to buy DeLorme, a privately-held, Maine-based company that designs and markets consumer GPS tracking devices with two-way communication and navigational capabilities. 

Tagged Mergers, Acquisitions & Investments

BRUSSELS (BRAIN) — The 2018 Velo-City international advocacy summit will be held in Rio de Janeiro, the European Cyclists' Federation, the event's organizer, announced Monday.

Thule outdoor bags category continues to grow.

STOCKHOLM (BRAIN) — Thule Group notched a 5.1 percent sales increase in 2015 in currency-neutral figures. The Stockholm-based company recorded sales of 5.3 million Swedish Kronas ($623 million) for the year, capped by a 3 percent sales increase in the final quarter.

Tagged Earnings/Financial Reports

IRVINE, Calif. (BRAIN) — When Andy Lightle's wife asked him what he wanted for his birthday eight years ago, he couldn't think of anything he really needed.

Tagged Advocacy/Non-profits

AIGLE, Switzerland (BRAIN) — The Union Cycliste Internationale said it conducted an unannounced check for bike motos at the La Méditerranéenne stage race on Friday. The UCI said no technological fraud was detected.

Tagged Racing & Sponsorship

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike will work with the North Carolina Cyclo-Cross organization to produce a 'cross race at this October's Fall CycloFest in Charlotte, North Carolina.

Tagged Racing & Sponsorship / Interbike

BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association is developing a mobile app for its volunteers and volunteer coordinators, working with unself, a company that develops similar apps for a variety of community organizations.

Tagged Advocacy/Non-profits

BOULDER, Colo. (BRAIN) —  ShowersPass has added SmartEtailing's Buy Local Now service to its website. The brand said the program supports dealers by providing an option for consumers to locally buy through their website, with the end goal of increasing traffic in brick-and-mortar locations.

IRVINE, Calif. (BRAIN) — Shimano American has slashed wholesale and retail pricing across its range of higher-end components and groups, from SLX all the way up to Di2 both road and mountain. The changes are component-specific and vary depending on the part.

SAN RAFAEL, Calif. (BRAIN) — Dispatch Communications has added Doug Barnett to its Southern California-based team.

Barnett joins the agency as an account executive for Dispatch's bicycle industry clients including Bell Helmets, Dainese, Giant Bicycles, Liv, Michelin and Shimano.

But the company is forecasting a decline for 2016.

OSAKA, Japan (BRAIN) — Shimano's net sales were up nearly 14 percent in 2015, to 378 billion yen ($3.3 billion). Operating income also increased, by nearly 30 percent, to 85.1 billion yen.

Tagged Earnings/Financial Reports

MENDHAM, N.J. (BRAIN) — Van Dessel Cycles has announced the hiring of Robert Vander Veur as its vice president of sales and development. He joined the company Feb. 8.

NEWBURY PARK, Calif. (BRAIN) — Giant Bicycle USA has hired Sean Burkey as its new account executive for Ohio and northern Kentucky. Burkey moves to Giant after several years as a Raleigh sales representative.

DERBY, Vt. (BRAIN) — Louis Garneau says it can turn around custom kit orders in four weeks this spring. The company said the 4-week turnaround applies to all orders placed in the U.S.

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