News
WASHINGTON, D.C. (BRAIN)—Imports across all categories were up 12 percent through February, with strong gains in kids' bikes offsetting losses in adult bike categories, according to the most recent Department of Commerce import report.
MILAN, Italy (BRAIN)—Oakley continued its strong upward curve in the first quarter of 2010 with double-digit growth in the high teens, Andrea Guerra, chief executive officer of Luxottica Group, Oakley’s Italian parent company, said on Thursday.
HELSINKI, Finland (BRAIN)—Mavic showed signs of a rebound in the first three months of 2010, posting sales gains of 8 percent for the period, according to first-quarter earnings results released Thursday by Mavic’s parent company, Amer Sports.
SEYMOUR, CT (BRAIN)—Thule filed a lawsuit in Canadian court this week against Swiss Cargo and its parent company, GSC Technologies of Champlain, New York. The suit follows an initial complaint Thule filed in Utah district court last September.
LAGUNA NIGUEL, CA (BRAIN)—Lifeboat Events says registration for DealerCamp is on track for a filled event, with more than a dozen strong brands on board and many targeted retail shops already signed up to attend.
"The Lexus Hybrid Bicycle has all-wheel drive, by means of a belt system. It is equipped with an electric eight-speed Shimano internal gear system, which references the sophisticated eight-speed shift-by-wire automatic transmission of Lexus's LS 600h limousine.
TAICHUNG, Taiwan (BRAIN)—Key industry suppliers are making plans for December’s Taichung Bike Week and Colmax’s Erik Kimble has announced his schedule for the annual event.
VILLA PARK, CA (BRAIN)—Nick West, a Southern California publisher, is preparing to launch Bicycle Dealer Magazine, a new trade publication aimed at independent retailers.
SCOTTS VALLEY, CA (BRAIN)—Industry veteran Pat Hus has been hired by Easton Bell Sports and will serve as the company’s director of sales for specialty retail channel.
Hus most recently served as CEO of Titus Cycles in Tempe, Arizona. Hus left the company in January to explore new opportunities.
STEAMBOAT SPRINGS, CO (BRAIN)—Lance Armstrong has joined the ownership team of Honey Stinger, the manufacturer of honey-based nutritional foods. As part of the relationship, Armstrong will contribute to future product development and endorse Honey Stinger energy gels, bars and organic chews.
"We (Trek) are participating in an upcoming online auction to raise money for the Robert F. Kennedy Center which does an amazing job promotion human rights around the world. We wanted to do something special so Trek is donating a trip of a lifetime.
MANCHESTER, NH (BRAIN)—Wilderness Trail Bikes has signed on as a supplier partner to The Bike Cooperative. Members of the cooperative will earn rebates on direct purchases of WTB tires, tubes, saddles and components.
REICHSHOF, Germany (BRAIN)— Ralf Bohle, founder of Ralf Bohle GmbH and the tire brand Schwalbe, passed away last Sunday in Bergneustadt, Germany, after battling a long illness. He was 75 years old.
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