News
MONTREAL (BRAIN)—Third quarter revenue dropped 11 percent in Dorel Industries’ recreational and leisure segment, which includes its bike business, but for the year, the division remains up 1.4 percent.
MONTEREY, CA (BRAIN)—The Sea Otter Classic has added two new elements for 2010: a Gran Fondo and collegiate cycling categories.
LEXINGTON, SC (BRAIN)—The Hawley Company is setting up a college trust fund for Ian Foyster’s 13-year-old daughter Hailey. Foyster had been with Hawley since 2004 and worked as the company’s service center manager.
VAN NUYS, CA (BRAIN)—Easton Bell sales declined 11.3 percent for the third quarter of 2009, but the company began to see some signs of stabilization during the period including higher margins in the Action Sports segment, according to an earnings report issued on Wednesday.
Today we traveled by bus to Keembe, a rural community about an hour and 15 minutes away from Lusaka. The area has special meaning for WBR because it's where they tested bikes sold in Zambia before designing their own. F.K. Day said they saw a lot of bike failures there. It's also one of the areas WBR has been in the longest. They've been on the ground there for over two years as part of the RAPIDS program to provide World Vision caregivers with a bicycle.
VICENZA, Italy (BRAIN)—Campagnolo Group has created a division within the Group in order to better coordinate the communication and sales activities toward the OEM channel.
“He’s in a different league from all the other public figures who ride a bike. He’s not just out there riding, he’s competing and, in some cases, winning.”
VANCOUVER, British Columbia (BRAIN)—Mountain Equipment Co-op (MEC) has launched its own line of bicycles.
TAIPEI, Taiwan (BRAIN)—Sales revenue at Taiwan’s big three manufacturers rebounded slightly in September coming off double-digit drops in August, according to numbers released on the Taiwan Stock Exchange.
World Bicycle Relief president F.K. Day says all answers reside in the field. So I am going into the field to understand the impact of bicycles in rural communities in Africa. I'm in Zambia as part of the World Bicycle Relief Million Dollar Ride, a fundraising trip to raise money for the non-profit group Day started almost five years ago to bring bicycles to impoverished areas to increase mobility and productivity.
LONGMONT, CO (BRAIN)—Blue Sky Cycles in Longmont, Colorado, closed on Monday, a result of declining sales in light of the recession.
TEMPE, AZ (BRAIN)—Pivot Cycles has signed with On The Edge of Quebec to distribute their products to Canada. The deal with On The Edge (OTE) does not include BH Bikes.
LONGMONT, CO (BRAIN)—Deuter has hired of Christian Mason as director of sales and marketing. Mason brings his extensive experience in sales, marketing and product development to the company.
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