News

Wheel makers negotiate with UCI

Posted March 26, 2013
A drawing of the wheel test protocol from the UCI website.

TAIPEI, Taiwan (BRAIN) — Wheelmakers are preparing to take on cycling competition's governing body, the UCI, over testing the Swiss body requires for wheels used in sanctioned competition.

Canadian industry asks for tariff relief

Posted March 26, 2013

KESWICK, Ontario (BRAIN) — The Canadian government announced earlier this month that it would eliminate tariffs on several categories of imported goods, from baby clothes to skis and snowboards to golf and hockey equipment.

Easton-Bell Sports sales fall 11 percent

Posted March 26, 2013
Litigation and severance expenses inflate operating costs.

VAN NUYS, CA (BRAIN) — Easton-Bell Sports sales were $183.5 million for the fourth quarter of 2012, compared with $207.1 million a year earlier.  

DCG hires Thorpe and Lindstrom

Posted March 26, 2013

NEW YORK, NY (BRAIN) — Divine Cycling Group, the new investment group that recently purchased Mad Fiber, has hired industry veterans Jasen Thorpe and Brett Lindstrom.

Skins appoints new North American marketing manager

Posted March 26, 2013

PORTLAND, OR (BRAIN) — Skins Compression has hired Danielle Said as its senior marketing manager of digital, communications and e-commerce for North America.

SwiftCarbon opens US office in Georgia

Posted March 26, 2013

NORCROSS, Ga. (BRAIN) — Bike maker SwiftCarbon Technologies HK Ltd. is opening its first U.S. subsidiary, which will be located in the Atlanta, Georgia, area and managed by former Blue Competition Cycles manager Chance Regina.

Castelli signs tri pros and K-Swiss tri team

Posted March 26, 2013

PORTLAND, OR (BRAIN) — Castelli, which established a separate triathlon division earlier this year, has signed two top triathlon pros to exclusive apparel contracts for 2013.

Shinola hires Chris McLaren to head IBD sales effort

Posted March 25, 2013
DETROIT, MI (BRAIN) — Bicycle, watch, leather goods and journal maker Shinola has hired San Diego-based Chris McLaren to head up bicycle sales with a focus on the IBD channel. McLaren was most recently with Focus USA, where he helped the brand establish an IBD presence in the North American market. 

Taipei Cycle Show sets attendance record

Posted March 25, 2013

TAIPEI, Taiwan (BRAIN) — The international Taipei Cycle Show posted double-digit growth as visitors from a variety of Asian nations continued to step up their interest in higher-value bicycles, components and accessories.

Dick’s posts 10 percent jump in net income

Posted March 25, 2013

PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods saw net income rise 10 percent to $291 million for its fiscal year ended Feb. 2 as net sales jumped 12 percent to $5.84 billion, according to the company’s 10-K filing.

REI income slumps 3.9 percent for 2012

Posted March 25, 2013

KENT, WA (BRAIN) — REI increased sales by 7.4 percent to $1.93 billion in 2012 but saw net income drop 3.9 percent to $29 million due to tighter margins, according to the company’s year-end earnings statement.

Infinit launches specialty retail product line

Posted March 25, 2013

CINCINNATI, OH (BRAIN) — Infinit Nutrition, which was founded as a vendor of custom sports nutrition products sold consumer direct, has launched its first retail product line at specialty stores.

Polar Bottle maker adds staff

Posted March 25, 2013

BOULDER, CO (BRAIN) — Product Architects Inc., the maker of the Polar Bottle insulated sport bottles, recently added several new employees.

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