News
ZWOLLE, Netherlands (BRAIN)—Henk Schipper has left Ritchey/Syncros in the UK to focus on Fast Forward Wheels.
SAN JUAN CAPISTRANO, CA (BRAIN)—Outdoor Retailer has opened online retailer, buyer and designer registration for its Outdoor Retailer Winter Market Expo and All Mountain Demo, scheduled to run January 20-24, 2010.
LEVIS, Quebec (BRAIN)—Lambert has terminated its distribution agreement with Race Face.
OSAKA, Japan (BRAIN)—A slow bike market took its toll on Shimano as the company saw its sales tumble to $1.47 billion (134.44 billion Yen) through September, from $1.87 billion (170.6 billion Yen) last year. The company’s income fell to $149.98 million (13.68 billion Yen) from $307.38 million (28.03 billion Yen).
HELSINKI, Finland (BRAIN)—Mavic's net sales declined by 14 percent for the first nine months of the year, according to earnings report released Thursday by Mavic’s parent company, Amer Sports.
BOULDER, CO (BRAIN)—Gruppo Bici N.A.'s exclusive distribution agreement with BiciSupport S.r.l. has been terminated. Albabici LLC of Oxnard, California has been awarded the distribution of BiciSupport products by BiciSupport S.r.l.
CHAPEL HILL, NC (BRAIN)—Performance Bicycle is introducing a new line of high-performance carbon components for road bikes under its Forté brand.
OSAKA, Japan (BRAIN)—Shimano Inc. is slashing its full year profit forecast as U.S. and European consumers cut back purchases on mid- to high-end bicycles and fishing gear, according to Bloomberg News.
COTTAGE GROVE, WI (BRAIN)—Livestrong fitness equipment is now showing up at Dick’s Sporting Goods locations throughout the U.S.
KENT, WA (BRAIN)—Steve Meineke had just gotten off the plane from Hong Kong last Friday when he got a call that Raleigh’s power was out.

CHICAGO, IL (BRAIN)—SRAM has sued Hayes Bicycle Group claiming that the company’s Stroker hydraulic disc brake infringe on one of SRAM’s patents.