Industry News

BETHEL, CT (BRAIN) Mar 13, 10:18 MT—Dorel Industries' Cycling Sports Group will begin selling Cannondale and GT bikes direct in China this summer, the company announced Tuesday.

Bloomberg: EU may ease anti-dumping tariffs on Chinese bikes • Scott Strysick joins ASI • Gran Fondo planned for Banff National Park • Timbuk2 sponsors Red Hook Criterium

BRUSSELS, Belgium (BRAIN)—The European Union may ease 19-year-old anti-dumping duties on Chinese bikes, Bloomberg is reporting.

VANCOUVER, British Columbia (BRAIN) Mar 12 2012 12:42 PM MT—Norco Sync, which makes the bike supplier’s warehouse inventory available to retailers via a partnership with SmartEtailing, has gone live to Norco’s Canadian IBD network.

Tagged Distributor news

WASHINGTON, D.C. (BRAIN) Mar 12 2012 11:41 AM MT—A boosted Bianchi gave rise to D.C.’s newest bike shop.

Two new hires for Marin • Bianchi teams with Ciclismo Classico • Cyclocrossworld.com expands with RoadBikeWorld.com • Peloton and Rêve support women's Tour de France ride

WASHINGTON, D.C. (BRAIN)—Suppliers imported 27 percent more bikes in January compared to the year prior, for an increase of 267,153 units, according to the latest figures from the U.S. Commerce Department.

PHILADELPHIA, PA (BRAIN)—Jerry Casale, co-founder of the Philadelphia International Championships and beloved member of the cycling community, died Wednesday night following a battle with prostate cancer. He was 71.

WESTPORT, CT (BRAIN)—Revenue and income for CamelBak and Fox Racing Shox were up last year, according to year-end earnings reported by parent company Compass Diversified Holdings.

Tagged Earnings/Financial Reports

MONTREAL, Canada (BRAIN)—Sales in Dorel’s recreation and leisure segment climbed 11 percent to $861.8 million in 2011, accounting for 36 percent of its overall business.

Tagged Earnings/Financial Reports

Tim Johnson ride to raise $100K for advocacy • First Bike Expo New York shaping up • Cobalt Commerce offers discount to TBC members • Specialized dealers launch women’s ride day

Tim Johnson ride to raise $100K for advocacy

TAIPEI, Taiwan (BRAIN) Mar 8 2012 3:00 PM MT—Change is afoot in the U.S. market, and a statistical analysis prepared for the annual A-Team meeting during the Taipei Cycle show Thursday offered a hint of what suppliers and retailers should consider over the next few years.

Tagged Tradeshows and conferences

TAIPEI, Taiwan (BRAIN) Mar 7 2012 1:54 PM MT—Encouraged by a new trade agreement that eliminates duties on bikes and parts shipped across the Taiwan Strait, Taiwanese exporters are betting on future business in China.

Tagged Tradeshows and conferences

VAN NUYS, CA (BRAIN)—Easton-Bell Sports net sales hit $834.9 million last year, an increase over $772.8 million of sales it had in 2010. For the year, gross margin remained at 34 percent.

Tagged Earnings/Financial Reports

TAIPEI, Taiwan (BRAIN) Mar 6 2012 2:58 PM MT—Tony Lo was optimistic about Taiwan’s export business on the eve of Taipei Cycle, Asia’s largest trade show. (Click on link above to download the PDF newsletter from Taipei Cycle.)

Tagged Tradeshows and conferences

NEWBURY PARK, CA (BRAIN) Mar 6 2012 1:31 PM MT—Giant Bicycle is the latest company to sign on with Vendor-Link Cycling, a partnership it expects will help improve its lead times and fulfillment with access to real-time sell-through data from the Los Altos, California, software compa

TAIPEI, Taiwan (BRAIN) Mar 5 2012 9:16 PM MT—Taipei’s international airport bustled with industry folks flying in from the U.S. and Europe Monday night in advance of the annual Taipei Cycle show, which kicks off Wednesday in Taiwan’s capital city.

Tagged Taipei Cycle Show

Lambert to distribute Clif Bar and Muc-Off • Dahon launches new website

LÉVIS, Québec (BRAIN) Mar 5, 2:25 PM MT—Canadian distributor Lambert has added Clif Bar and Muc-off to its product mix.

LOS ALTOS, CA (BRAIN) Mar 5, 10:30 AM MT—Andy Tompkins has joined Vendor-Link Cycling as vice president of supplier sales and account management.

EMMAUS, PA (BRAIN) Mar 5 2012 MT—Bicycling magazine is making its most ambitious foray yet into digital publishing with the launch of its annual Buyer’s Guide.

Tagged Media/Publishing

VANCOUVER, BC (BRAIN) Mar 2, 13:02 MT—Momentum Magazine, a lifestyle cycling magazine, has transitioned from being a free publication to a newsstand magazine with a cover price of $4.95. The first issue hit newsstands March 1.

Tagged Media/Publishing

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