Industry News
PITTSBURGH (BRAIN) — Net sales at Dick's Sporting Goods increased 4.7% for the fourth quarter, compared to the same time last year, and 3.7% for 2019.
Fourth-quarter net sales were $2.61 billion for the period ending Feb. 1. For 2019, net sales were $8.8 billion, compared to $8.4 billion for 2018.
ASHEVILLE, N.C. (BRAIN) — The Peak Content Summit, a content marketing and strategy conference, is scheduled to start Wednesday despite the rash of industry show postponements because of the growing COVID-19 threat.
RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS Bicycles is back to normal following a system hacking that started about two weeks ago.
BENTONVILLE, Ark. (BRAIN) — The Bentonville Bike Fest has been moved from May to August because of health concerns and travel restrictions created by COVID-19.
The three-day event was scheduled for May 1-3 and now will be held Aug. 7-9.
JANESVILLE, Wis. (BRAIN) — LeMans Corp., one of the largest powersport parts and accessory distributors in the world, will soon be offering Intense's new Tazer MX electric mountain bikes to its dealers.
MONTRÉAL (BRAIN) — Louis Garneau Sports, Inc. has more than 500 listed creditors, owed a total of $24 million. They include Chinese factories, Canadian banks, employees, athletes and even the company's own U.S. subsidiary.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products notified registrants Friday that a Service Summit tech education event has been canceled because of COVID-19 concerns.
DURANGO, Colo. (BRAIN) — The Channel Mastery podcast is offering a special episode created to help speciality outdoor sports businesses support crisis communications during the COVID-19 virus crisis.
BRASELTON, Ga. (BRAIN) — Fox Factory's sales in the bike market continue steady growth, up 11.3% in the fourth quarter and 6.3% for the full year. Full year sales were $299 million in the bike market, where the company sells products under the Fox, Marzocchi, Race Face and Easton brands.
CHICAGO (BRAIN) — CABDA show director Jim Kersten said next week's CABDA East trade show in New Jersey is going ahead as planned, even after at least 11 exhibitors have told him they plan to pull out. The show originally had 156 registered exhibitors.
SAINT-JEAN-DE-MOIRANS, France (BRAIN) — France's Rossignol Group, which owns Rossignol Bike, Time Sport and Felt Bicycle, says it is considering big changes to the Time frame business and its remaining frame factory in Slovakia.
BOULDER, Colo. (BRAIN) — The Pro's Closet is now an official supplier to USA Cycling, offering bikes and gear at reduced prices with an eye on growing youth cycling.
HEERENVEEN, Netherlands (BRAIN) — Accell Group says its traditional bike sales were down 13% in value last year, while sales of e-bike were up 11% and of cargo bikes up 47%.
Many look to digital options as real-world marketing opportunities shift beneath their feet.
Dirt Rag announced in late January that it was shutting down its magazine and website, as well as its Dirt Fest and Adventure Fest mountain bike festivals (Other groups have since stepped up to run the events).
MONTEREY, Calif. (BRAIN) — Organizers of the Sea Otter Classic, scheduled for next month here, announced Thursday that they are postponing the event to an undetermined date because of the ongoing COVID-19 outbreak.
BOULDER, Colo. (BRAIN) — The National Bicycle Dealers Association once hosted its popular Super Seminars annually at Interbike, focusing on topics like industry research, market trends and retail best practices.
MONTREAL (BRAIN) — Québec cycling brand Louis Garneau Sports Inc. has filed a notice of intention to file for creditor protection, with debts of CAN$32.7 million ($23.9 million), according to its public filing with Canadian authorities.
CHICAGO (BRAIN) — Organizers of next week's CABDA East trade show say the event will be held as scheduled with some new precautions because of the COVID-19 outbreak.
The event will be held at the Meadowlands convention center in Secaucus, New Jersey.
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