News
BY MATT WIEBE
AGOURA, CA—Last year industry veterans said bike sales grow when the economy goes soft. But as they look ahead now, many are taking in a deep breath as it seems this recession may be different.
BY MARC SANI
TAIPEI, Taiwan—Jay Graves was walking the aisles at the Taipei International Cycle Show when he bumped into Tony Lo, Giant’s chief executive officer; their conversation quickly turned to how consumers will react to higher bicycle prices.
MORGAN HILL, CA (BRAIN)—Carlton Reid at Bikebiz.com broke this story yesterday.
Click on link for full story.
KENT, WA (BRAIN)—Raleigh America, owner of Diamondback Fitness, will close Diamondback’s Camarillo, California, offices and move the operation to its facility in Kent, Washington, said Steve Meineke, Raleigh’s president.
KENT, WA (BRAIN)—In a reorganization at Raleigh America, Chris Speyer has been named vice president of marketing and product. As part of the company’s realignment, Reed Pike’s position as marketing director has been eliminated.
BOULDER, CO (BRAIN)—Retail staff training for Shimano’s Coasting concept and the 2008 Coasting bike models is now live at www.sellingcoasting.com (click on link).
BIRMINGHAM, England (BRAIN)—Brooks England, the English purveyor of handmade leather saddles and accessories since 1866, is inviting dealers worldwide to submit applications for its Dealers of Excellence 2008 program.
NEW BRUNSWICK, Quebec (BRAIN)—Barrett Corporation, a privately held international management Company, has become the majority shareholder in Cycles Lambert.
Roynat Capital now retains a significant minority interest in Cycles Lambert.
HAVERHILL, MA (BRAIN)—Mavic launched a password-protected Web site that makes it easier for retailers to place orders and track shipments. The Web-based tool allows dealers to order products and check stock levels without picking up the phone. It also lets them view open orders and shipment status online.
WESTCHESTER, NY (BRAIN)—Stuart John Meyers, who owned and published the industry’s oldest trade magazine, American Bicyclist, has died. He was 83.
PARK CITY, UT (BRAIN)—Backcountry.com, a highly successful and arguably the biggest online retailer of outdoor gear for climbers, hikers, skiers, snowboarders and paddlers, has begun selling bike parts, accessories and clothing through its online bike store.
BOULDER, CO (BRAIN)—Selling Cycling 2008 consists of 28 three-to-five-minute training modules, available either on DVD or online.
There is also online Product Category training for 32 different bike and accessory categories, and over 4,000 individual product SKUs from 75 top brands.
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