Industry News

While many in the industry were preparing for Thanksgiving, WTB marketing manager Dain Zaffke raced in one of the most brutal bicycle races known to mankind in Costa Rica called La Ruta.

Norco is currently undertaking an online survey with its retailers and dealer to help better understand the marketplace and plan future initiatives.

Click on link to take part.

"We at Free Flite (Marietta, GA) think we have the best damn tree in the land, mainly because of the topper. We welcome any challenges for stores who think they can do better. Bring it on, chumps."

—Travis Webb, manager.

TAICHUNG, Taiwan (BRAIN)—How good a year did Giant Manufacturing have this year? So good that Giant is expected to award its Taiwanese employees year-end bonuses equal to a whopping 23 months’ salary.

TAIPEI, Taiwan (BRAIN)—A financial storm may be raging over the world economy, but the sun is still shining on the Taipei Cycle show.

Show organizers said Tuesday that Taipei Cycle 2009 is already sold out and is expected to be modestly larger than last year’s show.

Tagged Taipei Cycle Show

BLOOMFIELD, CT (BRAIN)—Brian Tinsley kept asking for a job as a mechanic at Mike Wolf’s store, but Wolf kept telling him no—that is unless he got some credible training.

BETHEL, CT (BRAIN)—Cannondale Sports Group (CSG) has restructured its executive team to facilitate its financial and production operations, as well as streamline and accelerate its sales and marketing efforts around the world.

NEWPORT BEACH, CA (BRAIN)—More than $20,000 was raised recently for the SoCal Interscholastic Cycling League by dinner attendees and silent auction bidders.

Tagged Events

SALT LAKE CITY, UT (BRAIN)—3point5.com recently surpassed 100,000 registered users, a significant milestone showcasing the robust growth of the online retail training leader.

COSTA MESA, CA (BRAIN)—To support industry efforts for future federal funding of bicycling projects in America, the NBDA will once again award scholarships to member dealers who attend the 2009 National Bike Summit, March 10 - 12 in Washington, D.C.

Tagged Advocacy/Non-profits

The newest member of the BRAIN kitchen featuring 1200 watts of pure power (no, not Robert Roman) is the Euro-Pro toaster oven. Now visitors who visit BRAIN will get toasted bagels in just minutes with lamb chops taking considerably longer at 30-40 minutes.

REDWOOD CITY, CA—When Washington Mutual Bank began to waver this fall amid the national financial crisis, Mike Jacoubowsky started to worry.

Tagged Racing & Sponsorship

BY MATT WIEBE

FORT COLLINS, CO—Tom Petrie was ready to raise prices on his European product line in January, but then economic turmoil struck and the dollar’s value went up while the euro’s value declined. Petrie is still planning to post revised prices in January, but they may be lower.

BY MATT WIEBE

Tagged Earnings/Financial Reports

TAICHUNG, Taiwan (BRAIN)—The December mini-shows in Taichung are expected to attract more product managers than ever before, organizers say.

LOS ANGELES, CA (BRAIN)—Sport Chalet’s sales decreased to $96.5 million during its second fiscal quarter ending September 28. This sales figure includes seven new stores the company opened compared to its second quarter last year.

Tagged Earnings/Financial Reports

PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods reports that its overall sales were $924.2 million, up 10 percent from its 2007 sales of $838.8 in the third quarter ending November 1.

Tagged Earnings/Financial Reports

MORGAN HILL, CA (BRAIN)—The current batch of counterfeit Specialized Tarmac framesets circulating the Internet isn’t the first time Specialized has dealt with sales of fake products, but it is the brashest case the supplier has seen, according to Mark Schroeder, director of engineering for Specialized.

Niece Leslie and son Miles hope everyone had a wonderful Thanksgiving Holiday. —JN

BOULDER, CO (BRAIN)—The majority of the nation’s national parks have historically been off limits to mountain bikers, but that could change if the National Park Service grants a rule change easing the administrative process for opening trails to bicyclists.

Tagged Advocacy/Non-profits

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