Latest News

Mavic introduced an expanded Allroad wheel and apparel line this spring.

HELSINKI (BRAIN) — Sales in Amer Sports' cycling division, comprising the Mavic and Enve brands, were down 12 percent in local currencies in the first quarter, to 32.1 million euros ($38.9 million). The company said its cycling sales were "adversely impacted by lower OEM orders."

CORTEZ, Colo. (BRAIN) — Osprey Packs has hired industry veteran Jack Gresmer as bike sales manager.

IRVINE, Calif. (BRAIN) — The Boogaloo eMTB Race Series presented by Troy Lee Designs and Bosch eBike Systems is expanded for 2018 with more race venues and race categories. 

NEW YORK (BRAIN) — Hearst Magazines has taken a minority stake in Gear Patrol, a "men's enthusiast media company" that operates partly on an affiliate e-commerce model. Last year Hearst bought Rodale, including its Bicycling magazine title.

OREFIELD, Pa. (BRAIN) — Olympic gold medalist and three-time world champion cyclist Marty Nothstein is seeking the Republican nomination for Pennsylvania’s 7th Congressional District.

Papa Wheelies Natick.

BOSTON (BRAIN) — Dan Houston, who owns three stores with three different names in the Boston area, is bringing them all under the Papa Wheelies brand, first used on his store in Portsmouth, New Hampshire.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike show director Pat Hus has left Emerald Expositions, the show's parent company; PR director Justin Gottlieb has been promoted to interim show director, the company announced Tuesday. Hus had been at the helm of Interbike since 2011.

Sea Otter rearranged spaces in Laguna Seca’s lake bed to make room for additional exhibitors this year.

MONTEREY, Calif. (BRAIN) — Preliminary figures from organizers of the Sea Otter Classic show that the festival brought in a record 74,000 attendees, 8,500 campers and 9,800 athletes over four days of racing, a busy industry expo, bike demos, gran fondos, cycling tours and other associated events.

MANNING, S.C. (BRAIN) — Kent International is bringing back the Univega brand, once a bike shop mainstay. The company will roll out a new line of Univega bikes — all made in the U.S. — at Interbike in Reno, Nevada, this fall, with price points from $200 to $800. The line will be sold exclusively by IBDs. 

OSAKA, Japan (BRAIN) — Shimano said a mild economic expansion in Europe, a buoyant labor market in North America, and a moderate recovery in Japan contributed to a 5.1 percent net sales increase in its bicycle division in the opening quarter of 2018, compared to the same period last year.

BOULDER, Colo. (BRAIN) — VeloNews will release the Official Guide to the Tour de France in early June.

May 5 will be the first edition of the planned annual event.

BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association has declared the first Saturday in May as International Women's Mountain Biking Day.

The first edition, May 5, is being promoted by IMBA and SRAM, PeopleForBikes, Rebecca Rusch and others.

New Product

AURORA, Colo. (BRAIN) — Australia-based Rhino-Rack is now offering a new wind fairing to reduce rack wind noise. 

Industry Stock Chart

Accell Group 19.32-0.9
Amer Sports 16.550.00
Dorel Industries 28.050.00
Emerald Expositions 19.810.25
Fox Factory 34.25-1.4
Giant Manufacturing 151.50-1.3
Merida Industries 129.000.39
Shimano 131.384.27
Sports Direct 398.701.01
Sun Race Sturmey-Archer Inc. 58.50-2.5
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