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2 hours 6 min ago
Bike-related sales were up nearly 30 percent.
OSAKA, Japan (BRAIN) — Shimano Inc. sales were up nearly 26 percent in the first half this year, to 197 billion yen ($1.6 billion) worldwide. Bike sales were up 29.7 percent. The company said a solid economy in the U.S. contributed to the results, as did the continued depreciation of the yen.
Posted in International
2 hours 22 min ago

BOULDER, Colo. (BRAIN) — CatEye America has signed with Mountainview Sports Group for sales representation in the Southeast states of North Carolina, South Carolina, Georgia, Tennessee, Mississippi and Alabama.

Posted in North America
2 hours 56 min ago

SEATTLE (BRAIN) — Nuun and Company's caffeinated sports drink tablets, sold under the Energy name in the U.S., have been certified by Canadian authorities. In Canada, the tablets are being sold under the Boost name and are now available through its Canadian distributor, Red Pine Outdoor Equipment.

Posted in North America
18 hours 57 min ago

CANTON, Mass. (BRAIN) — Kryptonite has signed on with Shimano Europe Bike Holding to distribute the brand’s bicycle security products in several European countries, including the Netherlands, Belgium, Luxembourg, France, Sweden, Denmark, Finland and Norway. Effective Sept.

Posted in International
19 hours 6 min ago

LAS VEGAS (BRAIN) — The National Multiple Sclerosis Society is partnering with Interbike to present Bike MS: Las Vegas on Saturday, Sept. 19.

Posted in North America
20 hours 3 min ago

BOULDER, Colo. (BRAIN) — While women's specific bike, accessory and apparel sales are trending upward, there is still a big opportunity to grow.

Posted in Studies/Reports
21 hours 45 min ago
FOOTHILL RANCH, Calif. (BRAIN) — Oakley Inc. is laying off 167 employees in Southern California, including 137 at its Foothill Ranch headquarters, according to a report from the California Employment Development Department, as parent company Luxottica Group of Italy continues to integrate the sunglass and apparel brand into its global business.
Posted in North America
1 day 1 hour ago

EMMAUS, Pa. (BRAIN) — Bicycling magazine is working with Chef'd, a gourmet meal kit delivery service, to offer a selection of branded a la carte meals geared especially for cyclists.

Posted in Product/Tech
1 day 2 hours ago

KOBLENZ, Germany (BRAIN) — Canyon Bicycles is opening an office in Melbourne and will soon begin consumer-direct sales in Australia and New Zealand. The company said it would assemble bikes at its German headquarters and ship directly from there to consumers Down Under.

Posted in International
1 day 2 hours ago

WILTON, Conn. (BRAIN) — Dorel Sports has appointed James Hamilton, based in the company's Frome, U.K. office, as its global marketing manager, for parts and accessories in its Cycling Sports Group.

Posted in International
1 day 3 hours ago

HELSINKI (BRAIN) — Mavic sales were up 3 percent globally in the first half of this year, as its parent company Amer Sports Corporation recorded a net sales increase of 9 percent, to 461.1 million euros ($509 million). 

Posted in International
1 day 3 hours ago

FAIRFAX, Calif. (BRAIN) — The Mountain Bike Hall of Fame has announced nominees for this year's induction into the hall. Members of the hall can now vote for their choices; votes will be accepted until Aug. 12.

The Induction Ceremony will be held at the Interbike Expo in Las Vegas on Wednesday, Sept. 16.

Posted in North America

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New Product

MALLABIA, Spain (BRAIN) — The Loki trail hardtail features Orbea's new Double Duty concept, with the ability to run either 29-inch or 27-plus wheels via Boost hub spacing front and rear.

Industry Stock Chart

NameCurrentChange
Accell Group 19.60+1.08%
Cheng Shin Rubber 61.10+1.83%
Compass Diversified 17.02-0.23%
Dorel Industries 33.91+0.00%
Giant Manufacturing 263.50+0.38%
GoPro 61.88+0.02%
Ideal 13.15+1.94%
Kenda Rubber 49.15+2.93%
KMC 0.00N/A
Merida Industries 194.00+0.78%
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