News
OSAKA, Japan (BRAIN) — Shimano says its bike and e-bike component sales have been strong globally in the first three quarters of 2015, with double-digit percentage increases in sales despite unfavorable weather in Europe and North America.

NEWBURY PARK, Calif. (BRAIN) — Elysa Walk is leaving Giant Bicycle, where she has worked for 11 years and been general manager for seven years, to take a position at Burton Snowboards in Vermont next month.
Walk announced the decision to Giant retailers in a letter emailed Tuesday.
SEATTLE (BRAIN) — Outdoor co-op REI will not open its stores on "Black Friday," Nov. 27 this year. Instead of promoting retail consumption on the day after Thanksgiving, REI is channeling the attention the move is getting toward promoting increased outdoor activity that day.
ALLENTOWN, Pa. (BRAIN) — Bike shop visits by consumers declined 17 percent between 2012 and 2014, according to a new report based on consumer research by the industry consulting group Gluskin Townley.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Organizers have fleshed out the full agenda for next year's IBD Summit, which will be held near Phoenix in January. The event's keynote speaker will be Sam Dantzler, a consultant to the motorcycle industry. Dantzler's presentation will be titled, "Discounts Suck.
WILTON, Conn. (BRAIN) — Cycling Sports Group announced Monday that it has joined SmartEtailing’s Supplier Sync service.
LONDON (BRAIN) — Wiggle's sales for the 12 months that ended in February 2015 totaled £179 million ($276 million), up 11.5 percent from the prior period, the company announced Friday.
TAICHUNG, Taiwan (BRAIN) — Anyone who has had to cut a tire off a rim with a knife, take heart: Bike tire makers have finally had enough too.

STEAMBOAT SPRINGS, Colo. (BRAIN) — Moots will donate 100 percent of proceeds from sales of its Ti Stick cowbells to mountain bike pioneer Charlie Cunningham, who was injured in a bike accident in August and is hospitalized recovering from brain surgery.
BOISE, Idaho (BRAIN) — Quality Bicycle Products has boosted its service in the Western U.S. by hiring Tim Kelley to lead its Western regional sales team from his office here. Kelley comes to QBP from K-Edge, where he was global sales and marketing manager.
WORCESTER, Mass. (BRAIN) — Bicycle Alley owner David Kahn is retiring and has closed his 10,000-square-foot store after 23 years in business. Kahn had sought a buyer but was unable to find one. Sunday was the shop's last day open.

HELSINKI (BRAIN) — Sales in Amer Sports Corp.'s cycling business — via its Mavic brand — were down 5 percent in its third quarter, which ended Sept. 30, and up 1 percent year to date compared with the same period last year.
TAICHUNG, Taiwan (BRAIN) — Activity is brisk this week at Taichung Bike Week, where OE product managers pack in appointment after appointment, running between three hotels to finalize parts spec for 2017 model-year bikes and engaging in early talks about 2018.