Industry News
MOUNT PROSPECT, IL (BRAIN)—Sales of recreational transport equipment (bicycles, pleasure boats and motors, recreational vehicles and snowmobiles) declined to $27 billion in 2008, a 29 percent drop.
BRAIN classified sales rep Stacey Smith recently visited some of her extended family in Europe. She took some pictures in Amsterdam, where people obviously take their bicycle commuting seriously. They also take something else very seriously, but we'll just leave that up to your imagination.
"And, so I say to you as you embark on your adult life, take a moment to look back and honor your parents. Because they're the ones who paid for your education. They're the ones who stood by you the whole time. And they're the ones who you'll be moving back in with in the fall."
—Bill Maher
LINCOLN, NE (BRAIN)—Tomac Bikes bolstered its U.S. sales force with the addition of industry veteran and pro mountain and road racer Rich Weis.
CENTRAL ISLIP, NY (BRAIN)—An attorney for Iron Horse Bicycle Company filed a motion last week initiating the process for the sale of the bankrupt bicycle business to Outdoor Cycle Group, a company owned in part by the Randall Scott, son of Iron Horse president Cliff Weidberg.
VISTA, CA (BRAIN)—Masi Bicycles has partnered with Chrome Bags to support the Chrome Velo City Tour Goldsprints, or “Chromesprints,” as they may grow to be known this summer.
PHILADELPHIA, PA (BRAIN)—Advanced Sports will begin nationwide distribution of Speedfil Hydration Systems from its Philadelphia warehouse. The agreement with Inviscid Design, creator of the Speedfil Hydration System, allows ASI to distribute Speedfil bottles to retailers across the country.
PORTLAND, OR (BRAIN)—This summer USA Cycling is hosting a camp designed for riders between 14-22 years old. This is one of 10 Athlete Development Camps nationwide. The NW Camp takes place in Forest Grove at Pacific University.
Remember Kona's “Name Our New Bike Contest"? Well a winner has been chosen among more than a thousand entries. The winning entry came from Dr. Heather Gilbert of Salt Lake City. The name she chose: the Kona Cadabra.
BOULDER, CO (BRAIN)—Gruppo Bici N.A. has acquired Canditalia S.r.l., a Milan, Italy-based company specializing in the design of bicycle accessories. Terms of the sale were not disclosed.
PHILADELPHIA, PA (BRAIN)—Advanced Sports has hired Mike Gann for the newly created position of director of product development. Gann will oversee product processes for all of ASI’s brands including Fuji , Kestrel, SE and Breezer.
And the 11th Annual Industry Commute Cup Challenge winners are?
Industry Category Winners:
1-50 full time employees: PORTLAND DESIGN WORKS
51-100 full time employees: SHIMANO NA BIKE DIVISION
101+ full time employees: SPECIALIZED USA
IBD Winners:
PITTSBURGH, PA (BRAIN)—Dick’s sales hit $959.7 million during the first quarter compared with $912.1 million last year. However, same store sales dropped 6 percent.
BEND, OR (BRAIN)—Steve Larsen died Tuesday night after finishing a run on the track near his home in Bend, Oregon. An exact cause of death isn't known at this time. He was 39 years old.
CHICAGO, IL (BRAIN)—To celebrate Lance Armstrong’s return to racing on SRAM Red, the company has commissioned a series of limited edition posters commemorating his primary 2009 races.
Will Calkins, SmartEtailing's content production manager, who runs the company's Longmont, Colorado, office, just had his first child, a boy named Connor Calkins. He was born Friday May 15 at 12:40 a.m. and weighed 8 pounds 4 ounces.
VAN NUYS, CA (BRAIN)—First quarter sales were down 5.2 percent in Easton Bell Sports’ Action Sports segment as the company contended with delays of shipments of OEM cycling components to bike manufacturers and slow sales of fitness equipment in the mass channel.
BOULDER, CO (BRAIN)—The Rocky Mountain Bicycle Show (RMBS) was to highlight small custom frame builders, and they will remain the show’s focus, but show organizer Carol Johnson is also now opening up participation.
EVANSTON, IL (BRAIN)—Lake Cycling has bolstered its outside sales rep force by hiring industry veterans to represent the brand in the Pacific Northwest, Texas, Okalahoma, Arkansas and Louisiana.
WASHINGTON D.C. (BRAIN)—Suppliers, reacting to the nation’s recession, brought in the fewest bicycles in the first quarter of the year since 1998. However, the dollar value of all units is the second highest in the same 11 years, said Jay Townley, an industry consultant.
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