Industry News
BINH DUONG, Vietnam (BRAIN) — Vietnam customs officials have seized a shipment of 313 bikes that was bound for the U.S., charging that the exporter had improperly labeled the bikes as “Made in Vietnam” to avoid U.S. tariffs on Chinese bikes.
BRASELTON, Ga. (BRAIN) — Fox Factory's sales through its bike brands — Fox suspension, Marzocchi, RaceFace and Easton — were up 4.6% for the first three quarters this year, and up 0.5% in the third quarter, which ended Sept. 27.
OLATHE, Kan. (BRAIN) — Garmin Ltd. reported Wednesday that third-quarter revenue increased 15% over the prior year's quarter with its fitness sales — boosted by the Tacx acquisition — growing 28%.
SACRAMENTO, Calif. (BRAIN) — In a partnership between public, private and non-profit organizations, the California Department of Motor Vehicles has begun accepting pre-orders for the state's first speciality plate focused on bicycle use.
PARK CITY, Utah (BRAIN) — POC is working with a Swedish startup tech company to develop smart helmets that charge themselves via a new material that converts light energy — from solar or artificial sources — to an electric charge. The companies said they plan to deliver the helmets in 2020.
The Austrian company held off opening U.S. distribution until it developed enough capacity to serve the European market.
PHILADELPHIA (BRAIN) — This weekend's Philly Bike Expo will include about 200 exhibitors — many of whom are promising new product launches at the event, which organizers are billing as a hybrid consumer/trade show.
BOULDER, Colo. (BRAIN) — VeloSwap, billed as the world’s largest bike expo, is returning to Denver this Saturday, Nov. 2 to celebrate its 30th year.
OSAKA, Japan (BRAIN) — Shimano is reporting that sales in its bike division were up 6.3% in the first three quarters of this year, compared to the same period last year.
PETALUMA, Calif. (BRAIN) — While 16 wildfires have burned more than 94,000 acres across California this fall, bicycle manufacturing structures have escaped harm so far. But some industry and retail employees have been affected as of Monday.
WASHINGTON (BRAIN) — The U.S. Trade Representative has granted a tariff exclusion for China-made carbon fiber frames, an exclusion requested by Parlee Cycles, Inc.
OGDEN, Utah (BRAIN) — Organizationally, Enve is in new territory. Mavic, its fellow cycling brand within Amer Sports, has been sold to Regent. Meanwhile, Amer itself has been sold to a Chinese investor group. Where does that leave the Utah-based company?
BOULDER, Colo. (BRAIN) — Ryan Atkinson, the president and co-owner of SmartEtailing, joins host Kristin Carpenter on the latest episode of the Channel Mastery podcast.
STOCKHOLM (BRAIN) — Thule Group is reporting healthy sales in its third quarter in all markets except the U.S., where uncertainty about tariffs has caused some retailers to reduce orders.
TAICHUNG, Taiwan (BRAIN) — Fritz Jou moves fast, thinks fast, and wastes no time.
He led the TAITRA bike factory tour at his own Fritz Jou Manufacturing (FJM) company on Thursday, and if you got caught staring too long at any one process, you risked getting left behind.
ANOKA, Minn. (BRAIN) — Chris Sword, who has been president of Shimano-owned Pearl Izumi for about two years, will become president of Vista Outdoor's Bell & Giro brands effective Oct. 30.
TAICHUNG, Taiwan (BRAIN) — Rising e-bike demand and an emphasis on developing drivetrain systems have Tektro/TRP in need of more manufacturing space.
TAICHUNG, Taiwan (BRAIN) — SRAM has expanded its Asia headquarters in the past 29 years, adding 17 buildings and stretching out to 452,000 square feet. Its latest addition is a small classroom but said it believes the space is every bit as far-reaching as the previous expansions.
TAICHUNG, Taiwan (BRAIN) — TAITRA officials said Monday during an introductory press conference before its annual bike factory tour week that Taiwan's e-bike exports grew by 131% by volume in the first three quarters of this year compared to the same time last year.
TAICHUNG, Taiwan (BRAIN) — Steve Fenton always has said Taichung Bike Week is a three-day show for the industry by the industry. After concluding its 15th annual event on Friday, Fenton said Bike Week delivered again.
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