News
WASHINGTON, D.C. (BRAIN)—Suppliers imported 27 percent more bikes in January compared to the year prior, for an increase of 267,153 units, according to the latest figures from the U.S. Commerce Department.
PHILADELPHIA, PA (BRAIN)—Jerry Casale, co-founder of the Philadelphia International Championships and beloved member of the cycling community, died Wednesday night following a battle with prostate cancer. He was 71.
TAIPEI, Taiwan (BRAIN)—TRP and Formula are each showing early versions of hydraulic disc brake road bike levers with integrated Shimano Di2 shifting.
SAN JOSE, CA (BRAIN)—Northern California chain Mike’s Bikes is set to open its 10th store in April, offering an especially cozy atmosphere for shoppers: The shop’s customer waiting area will include a fireplace left over from the building’s previous incarnation as a restaurant.
WESTPORT, CT (BRAIN)—Revenue and income for CamelBak and Fox Racing Shox were up last year, according to year-end earnings reported by parent company Compass Diversified Holdings.
The most encouraging industry trend in the past two decades has nothing to do with products. It’s the increase in industry advocacy awareness and the closely related rise of Bikes Belong.
MONTREAL, Canada (BRAIN)—Sales in Dorel’s recreation and leisure segment climbed 11 percent to $861.8 million in 2011, accounting for 36 percent of its overall business.
Tim Johnson ride to raise $100K for advocacy • First Bike Expo New York shaping up • Cobalt Commerce offers discount to TBC members • Specialized dealers launch women’s ride day
Tim Johnson ride to raise $100K for advocacy
TAIPEI, Taiwan (BRAIN) Mar 8 2012 3:00 PM MT—Change is afoot in the U.S. market, and a statistical analysis prepared for the annual A-Team meeting during the Taipei Cycle show Thursday offered a hint of what suppliers and retailers should consider over the next few years.
WEST JORDAN, UT (BRAIN)—Reynolds Cycling is introducing a wheel demo rebate program, Ride2Decide, exclusively in the U.S. market effective Friday, March 9. The move is an extension of the high-end wheel maker’s U.S. dealer-direct distribution model launched in September.
TAIPEI, Taiwan (BRAIN) Mar 7 2012 1:54 PM MT—Encouraged by a new trade agreement that eliminates duties on bikes and parts shipped across the Taiwan Strait, Taiwanese exporters are betting on future business in China.
RAPID CITY, SD (BRAIN)—Marking its 40th anniversary, South Dakota retailer Two Wheeler Dealer moved its Rapid City store to a new, 4,900-square-foot location and reopened as a Specialized elite-level store.
VAN NUYS, CA (BRAIN)—Easton-Bell Sports net sales hit $834.9 million last year, an increase over $772.8 million of sales it had in 2010. For the year, gross margin remained at 34 percent.
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