Industry News
CHICAGO, IL (BRAIN) — German manufacturer Abus is known to U.S. and Canadian retailers for its heavy duty locks. But the company sells much more than bike security in its home market and across Europe, and is now bringing helmets to North America.
WESTPORT, CT (BRAIN) — CamelBak revenue was down 5 percent in the third quarter, a decline being blamed on cold, wet weather and the U.S. military's drawdown.
MONTREAL, Quebec (BRAIN) — Dorel’s recreational and leisure business rebounded from a disappointing second quarter, officials told investors Thursday morning during a third-quarter earnings call.
TAICHUNG, Taiwan (BRAIN) — Too much success poses as many issues as too little, and that’s what now confronts organizers of Taichung Bike Week. Has it become too big? And is it attracting the right vendors?
SCOTTS VALLEY, CA (BRAIN) — Fox Factory Holding Corp. reported that sales for the third quarter increased by $9.4 million, or 12.9 percent, to $82.3 million, compared with the same period last year. The growth was largely driven by mountain bike and powered-vehicle suspension products.
SCOTTS VALLEY, CA (BRAIN) — Fox has completed the acquisition of its German distributor and service center, Toxoholics GmbH, for $2.3 million, the company told investors on an earnings call Wednesday.
OAKLAND, CA (BRAIN) — German saddle brand SQlab has added three new models and updated existing models for 2014. The brand also will be distributed in the U.S. next year by Hawley and BTI.
MEQUON, WI (BRAIN) — Hayes Components is expanding its lifetime leakproof warranty to all its hydraulic brakes purchased after Nov. 1. Previously Hayes offered the lifetime terms on its Dyno brake models.
DURANGO, CO (BRAIN) — The Iron Horse Bicycle Classic has appointed Jeff Frost as its new executive director. The Iron Horse is Colorado's oldest cycling event and attracts 4,000 participants, including racers and tour participants. The event is held Memorial Day weekend.
TAICHUNG, Taiwan (BRAIN) — Hearing from dealers that Chain Reaction or Wiggle is offering products below wholesale is not a phone call any supplier wants to field.
SAN JUAN CAPISTRANO, CA (BRAIN) — Interbike will host an industry ride for Southern California retailers, manufacturers and media Saturday, Nov. 16.
SCOTTS VALLEY, CA (BRAIN) — Easton-Bell Sports' cycling product sales declined $4.5 million in the quarter that ended Sept. 28, and CEO Terry Lee indicated much of the loss came from the Easton cycling division, which he called "troubled."
CARLSBAD, CA (BRAIN) — Spy Inc. on Tuesday reported its 10th consecutive quarter of year-over-year sales growth, with third-quarter sales ticking up 3 percent to $10.2 million from $9.9 million a year earlier.
Editor's note: These numbers were later restated by Leisure Trends. Please see article about the updated figures.
BLOOMINGTON, MN (BRAIN) — Quality Bicycle Products hopes to get more shop employees on its Foundry brand of carbon bikes and is extending special pricing to retail employees.
SAN FRANCISCO, CA (BRAIN) — Timbuk2 has opened a store in Singapore that includes the company's first in-store custom ordering station outside the U.S.
PHILADELPHIA, PA (BRAIN) — Advanced Sports International, parent company of Fuji, SE, Kestrel, Breezer and Oval Concepts, has hired Ellen Johnson as its senior product manager.
CHATTANOOGA, TN (BRAIN) — Firefighters responded Monday morning to a blaze at Lynskey Performance’s Chattanooga factory, but employees said the incident had no significant effect on frame production or other company operations.
BEVERLY, MA (BRAIN) — Craft will be sponsoring and supplying the Australia-based pro cycling team ORICA-GreenEDGE for the next three seasons, the clothing company announced this week.
DAVIS, CA (BRAIN) — A new class will be inducted into the U.S. Bicycling Hall of Fame on Saturday, Nov. 16, in a presentation at the Freeborn Hall on the U.C. Davis campus. This year’s inductees are Vince Menci, Mike King, Doris Travani-Mulligan and Beth Heiden.
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