Industry News

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.

Tagged Earnings/Financial Reports
Walk has been Giant's general manager for the last seven years. JT Thompson will take over as GM.
Elysa Walk.

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.

Gluskin Townley report finds shop visits have declined 17 percent since 2012.

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.

Tagged IBD Summit

WILTON, Conn. (BRAIN) — Cycling Sports Group announced Monday that it has joined SmartEtailing’s Supplier Sync service.

Sales grew steeply in the UK and Europe, but declined in the rest of the world in the year ending in February 2015.

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.

Moots' Ti Stick cowbells

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.

Tagged Distributor news
Mavic sales by quarter

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.

Tagged Earnings/Financial Reports

ORANGE, Calif. (BRAIN) — The trade group Triathlon Business International has opened registration for its sixth annual TBI Conference, which will be held Jan. 24–26 at the Marina del Rey (California) Marriott. Active Network returns as the conference's presenting sponsor.

Tagged Tradeshows and conferences / Triathlon Business Conference

LOS ANGELES (BRAIN) — Sports Business Daily is reporting that the Universal Sports TV channel will shut down next month.

ASHEVILLE, N.C. (BRAIN) — For the second consecutive years, the Eastern Outdoor Reps Assocation has lowered its annual dues, in an effort to attract more members, especially from the bike industry.

TAMPA, Fla. (BRAIN) — Atomik Carbon is launching a new consumer-direct sales program that will deliver its carbon fiber components and wheels to local retailers for pickup. Dealers who already stock Atomik products will receive a payment at a higher rate than non-stocking dealers who participate in the program.

Store pickup of online orders is increasingly popular, retail group says.

WASHINGTON (BRAIN) — The National Retail Federation is predicting that consumer holiday spending will be up a bit this year, to $805 per person, the highest amount in the 14 years that the NRF has been conducting its Holiday Consumer Spending Survey.

LANCASTER, Pa. (BRAIN) — QBP welcomed retailers and suppliers to its first-ever Biketoberfest event this week. Some 175 retailers and about 30 brands convened in Lancaster, located an hour and a half west of Philadelphia.

Tagged Tradeshows and conferences / Distributor news

LEXINGTON, S.C. (BRAIN) — Hawley announced today the addition of Dissent Labs to its product portfolio. The Whister, British Columbia, brand offers compression socks aimed at mountain bikers.

Tagged Distributor news

CHATANOOGA, Tenn. (BRAIN) — BikeLugs.com is exactly like it sounds: a one-stop shop for framebuilders looking for lugs, tubing and other framebuilding supplies. Kirk Pacenti, the company's owner, announced last year that he was closing down the company, but another party expressed interest in buying it. 

The retail tracking service says less traditional bikes are driving sales growth

PORT WASHINGTON, N.Y. (BRAIN) —  The NPD Group says IBD bicycle dollar sales grew 6 percent in the 12 months ended in August, driven in large part by growth in sales of electric, hybrid and mountain bicycles.  

MELBOURNE, Australia (BRAIN) — Singlespeed and fixed-gear brand State Bicycle Co. has begun direct distribution in Australia, speeding delivery to customers there without international shipping fees.

Tagged Distributor news
Meetings begin Tuesday.

TAICHUNG, Taiwan (BRAIN) — Some product managers, distributors and suppliers began arriving here last week to have meetings even prior to the official start of Taichung Bike Week on Tuesday. Still, a good majority streamed into the host hotels — the Tempus, Evergreen and Splendor — throughout the day Monday.

Tagged Taichung Bike Week

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