Industry News
BOULDER, Colo. (BRAIN) — While women's specific bike, accessory and apparel sales are trending upward, there is still a big opportunity to grow.
FOOTHILL RANCH, Calif. (BRAIN) — Oakley Inc. is laying off 167 employees in Southern California, including 137 at its Foothill Ranch headquarters, according to a report from the California Employment Development Department, as parent company Luxottica Group of Italy continues to integrate the sunglass and apparel brand into its global business.
KOBLENZ, Germany (BRAIN) — Canyon Bicycles is opening an office in Melbourne and will soon begin consumer-direct sales in Australia and New Zealand. The company said it would assemble bikes at its German headquarters and ship directly from there to consumers Down Under.
WILTON, Conn. (BRAIN) — Dorel Sports has appointed James Hamilton, based in the company's Frome, U.K. office, as its global marketing manager, for parts and accessories in its Cycling Sports Group.
HELSINKI (BRAIN) — Mavic sales were up 3 percent globally in the first half of this year, as its parent company Amer Sports Corporation recorded a net sales increase of 9 percent, to 461.1 million euros ($509 million).
FAIRFAX, Calif. (BRAIN) — The Mountain Bike Hall of Fame has announced nominees for this year's induction into the hall. Members of the hall can now vote for their choices; votes will be accepted until Aug. 12.
The Induction Ceremony will be held at the Interbike Expo in Las Vegas on Wednesday, Sept. 16.
PETALUMA, Calif. (BRAIN) — CamelBak and Osprey Packs have settled a patent infringement lawsuit the CamelBak filed against Osprey in February. The companies did not release terms of the settlement
KETCHUM, Idaho (BRAIN) — Club Ride Apparel has added a female designer to its staff, as a part of the brand's strategy to increase women's sales to 50 percent of its overall sales by next year.
VENTURA, Calif. (BRAIN) — A new distributor, Zeitbike, is being launched this week by Fritz Bohl, the former CEO of Abus North America. Zeitbike's dealer portal went live Monday.
SANDY, Utah (BRAIN) — Reynolds Cycling is expanding its relationship with DWL Bicycle Company, who will now manage all aftermarket sales and marketing responsibilities in Asia. DWL, based in Taichung, Taiwan, previously handled responsibilities for Reynolds involving Asian OEs and assemblers.
BOULDER, Colo. (BRAIN) — PeopleForBikes has launched a new campaign intended to inspire riders to try riding dirt roads and paths as a way to escape traffic and make the riding experience more enjoyable.
IRVINE, Calif. (BRAIN) — Felt Bicycles has officially unveiled a new corporate logo. The new design was introduced at a global distributor meeting in Germany. The company also released a usage guide for distributors and retailers that includes recommendations and regulations for all Felt branding.
FREEPORT, Maine (BRAIN) —The Carrabassett Region chapter of the New England Mountain Bike Association has received a $50,000 grant from LL Bean's Charitable Giving for Conservation and Outdoor Recreation.
WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has agreed to sell CamelBak Products LLC to Vista Outdoor Inc. for about $412.5 million.
BAULKHAM HILLS, Australia (BRAIN) — Trent Fitzgibbins, one of the co-founders of the Australian distributor JetBlack Products, has sold his share in the company to co-founder Tony Simmonds and plans to take "a lesser role in the company."
HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. noted that operating profit in the first half of the year was up 29 percent to $53.8 million (€49.1 million), while net profit was up 21 percent to $34.9 million (€31.9 million).
WILTON, Conn. (BRAIN) — Nick Hage, who started with Cannondale in 2010 in sales operations, was recently promoted to the role of vice president, sales and operations for Cycling Sports Group's Cannondale brand.
ENCINITAS, Calif. (BRAIN) — A startup cycling clothing company is benefitting from its own California-based factory, which produces custom and inline items for its Eliel road bike clothing and Wattie Ink triathlon clothing.
BERKELEY, Calif. (BRAIN) — GU Energy Labs has named Blair Clark as its president and COO.
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association and Pinkbike have announced their media partnership for the 2015 and 2016 season.
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