Industry News
ST. PAUL, Minn. (BRAIN) — Park Tool's redesigned website, www.parktool.com, has expanded product information with an increased educational section focused on helping professional and home mechanics diagnose and repair bicycles.
CHICAGO (BRAIN) — CABDA will open attendee registration for its 2016 trade show on Monday, Nov. 2. The CABDA Expo will take place Feb. 3-4 at the Pheasant Run Resort and Convention Center outside of Chicago.
WASHINGTON (BRAIN) — Two U.S. senators from states known for their outdoor recreational industry are introducing legislation that would require the Commerce Department's Bureau of Economic Analysis to specifically track jobs in that industry.
OGDEN, Utah (BRAIN) — Mavic is increasing its connection with Hincapie next year, by sponsoring the brand's development road team and its gran fondo.
NORTHFIELD, Vt. (BRAIN) — Sock maker Darn Tough Vermont says it has seen a 51 percent increase in sales in the first three quarters of 2015 and has added more knitting machines and more workers at its mill, including 100 new job positions there this year.
BRISBANE, Australia (BRAIN) — Recon Instruments' Recon Jet smart sunglasses will be distributed in Australia and New Zealand by FE Sports.
FE Sports will also showcase Recon Jet at the Noosa Triathlon Multi Sport Festival in Queensland, Australia, this weekend.
SAN MATEO, Calif. (BRAIN) — Shares of GoPro Inc. tumbled 17 percent in after-hours trading Wednesday after the action camera maker reported third-quarter earnings that fell short of analyst expectations due largely to weak sales of its compact, lightweight HERO4 Session camera, introduced during the second quarter.
FREDERICKSBURG, Va. (BRAIN) — Spanish helmet brand Catlike has hired Sean Kneale as its North American brand manager, effective Nov. 1.
“With over 15 years of experience as an outside rep, Sean will use that knowledge to build the Catlike brand in North America,” the company said in a statement.
DUXBURY, Mass. (BRAIN) — Bern Unlimited has added Stoner Andrews, Kahl and Partners, and the Tom Kern group to its line-up of outside sales reps.
OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that revenue and margins continued to slide in the third quarter as the strong U.S. dollar undercut growth in unit sales.
CHICAGO (BRAIN) — SRAM has hired Kate Powlison as its new road brand manager. Powlison, currently a senior marketing and communications manager at PeopleForBikes, will start at SRAM in Chicago on Nov. 2.
OSAKA, Japan (BRAIN) — Shimano says its bike and e-bike component sales have been strong globally in the first three quarters of 2015, with double-digit percentage increases in sales despite unfavorable weather in Europe and North America.
NEWBURY PARK, Calif. (BRAIN) — Elysa Walk is leaving Giant Bicycle, where she has worked for 11 years and been general manager for seven years, to take a position at Burton Snowboards in Vermont next month.
Walk announced the decision to Giant retailers in a letter emailed Tuesday.
ALLENTOWN, Pa. (BRAIN) — Bike shop visits by consumers declined 17 percent between 2012 and 2014, according to a new report based on consumer research by the industry consulting group Gluskin Townley.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Organizers have fleshed out the full agenda for next year's IBD Summit, which will be held near Phoenix in January. The event's keynote speaker will be Sam Dantzler, a consultant to the motorcycle industry. Dantzler's presentation will be titled, "Discounts Suck.
WILTON, Conn. (BRAIN) — Cycling Sports Group announced Monday that it has joined SmartEtailing’s Supplier Sync service.
LONDON (BRAIN) — Wiggle's sales for the 12 months that ended in February 2015 totaled £179 million ($276 million), up 11.5 percent from the prior period, the company announced Friday.
STEAMBOAT SPRINGS, Colo. (BRAIN) — Moots will donate 100 percent of proceeds from sales of its Ti Stick cowbells to mountain bike pioneer Charlie Cunningham, who was injured in a bike accident in August and is hospitalized recovering from brain surgery.
BOISE, Idaho (BRAIN) — Quality Bicycle Products has boosted its service in the Western U.S. by hiring Tim Kelley to lead its Western regional sales team from his office here. Kelley comes to QBP from K-Edge, where he was global sales and marketing manager.
HELSINKI (BRAIN) — Sales in Amer Sports Corp.'s cycling business — via its Mavic brand — were down 5 percent in its third quarter, which ended Sept. 30, and up 1 percent year to date compared with the same period last year.
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