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14 hours 11 min ago

OSAKA, Japan (BRAIN)—When the Bank of Japan announced a massive new stimulus program Friday, world stock markets jumped and the yen dropped to its lowest point since early 2008. But the news is unlikely to change Shimano Inc.’s financial forecast for the remainder of the year.

Posted in International
20 hours 43 min ago

EUGENE, Ore. (BRAIN) — Rolf Prima has launched a new website, www.rolfprima.com, featuring a fresh look and new tools designed to better direct customers to their ideal wheel.

Posted in North America
20 hours 56 min ago
Outdoor Foundation report emphasizes importance of engaging more youths in outdoor activity.

WASHINGTON (BRAIN) — Almost 143 million Americans, or 49.2 percent of the U.S. population, participated in an outdoor activity at least once in 2013, according to the Outdoor Foundation’s 2014 Outdoor Recreation Participation Report.

Posted in Studies/Reports
1 day 44 min ago
Executive director Moeller announces retirement after nine years with the advocacy group.
John Lindenmayer

LANSING, Mich. (BRAIN) — The League of Michigan Bicyclists (LMB) has named John Lindenmayer executive director as current leader Rich Moeller will retire after nine years with the advocacy group. Lindenmayer, LMB’s advocacy and policy director, assumes the new post Jan. 1, 2015.

Posted in North America
1 day 2 hours ago

CHARLESTON, S.C. (BRAIN) — New World Consumer Products LLC, a maker of nutritional products and supplements, has brought aboard world champion cyclist Mike King as a brand ambassador for the company’s flagship product, XRCEL sports performance fuel.

Posted in North America
1 day 13 hours ago

MILAN, Italy (BRAIN) — Luxottica Group SpA, parent of optical brands including Oakley and Ray Ban, reported this week that third-quarter net income rose 10 percent to 162 million euros ($204 million) fueled in part by strong sales growth of more than 30 percent in emerging markets including China, Brazil, India and

Posted in International
1 day 18 hours ago

BERN, Switzerland (BRAIN) — The World Federation of the Sporting Goods Industry (WFSGI) has elected ISM Saddles’ Dave Schindler and Selle Italia’s Piet van der Velde chairpersons of the organization’s new Bicycle Saddle Committee.

Posted in International
1 day 19 hours ago
David’s World Cycle is now up to 12 stores … and counting.

ORLANDO, Fla. (BRAIN)—A recent purchase of four bike shops in a one-month period has brought the store count at David’s World Cycle to 12. The greater Orlando-area retailer also has its sights on a fifth acquisition, with a deal set to close in November.

Posted in Retail News
1 day 19 hours ago
Cane Creek DBinline shock

WASHINGTON (BRAIN) — Cane Creek Cycling Components is working with the U.S. Consumer Product Safety Commission to recall about 5,000 DBinline rear shocks sold in the U.S. because the shocks are marked with graphics that incorrectly identify the adjustment directions for high-speed rebound damping.

Posted in North America
1 day 20 hours ago
Gearin’ Up Bicycles operated out of a shipping container its first summer in business.

WASHINGTON (BRAIN) — When Katie Lupo went shopping for a bike after relocating to D.C. from Madison, Wisconsin, for an internship, she was shocked to discover there were no used bike shops in the city. After finishing graduate school, Lupo decided to move to D.C. permanently and open her own. Lupo started Gearin’ Up Bicycles in late 2012 as a nonprofit community used bike shop, modeling it after a similar program in Madison called Dream Bikes.

Posted in Retail News
1 day 23 hours ago

SAN DIEGO (BRAIN) — The former president and CEO of Competitor Group Inc. (CGI) and the company’s current senior vice president of sales are fighting a sexual harassment suit filed by a San Diego woman who formerly worked as their executive assistant.

Posted in Industry News
2 days 3 hours ago

YPSILANTI, Mich. (BRAIN) — When Two Wheel Tango unexpectedly closed in early October, many customers who had purchased bikes from one of its three stores wondered where they would take them for service.

Posted in Retail News

Upcoming Events

Nov 04 to Nov 07
Taichung Bike Week Taichung, Taiwan
Nov 05 to Nov 08
National Bicycle Tourism Conference San Diego, Calif.
Nov 08 to Nov 09
2014 Philly Bike Expo PA Convention Center
Nov 08
SoCalCross Prestige Series Riverside, CA
Dec 09 to Dec 11
Mann University Leadership Course Asheville, NC
Jan 07 to Jan 11
USA Cycling Cyclocross National Championships Zilker Park, Austin, Texas

New Product

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne’s Smart Energy Caddy is a compact yet durable toptube-mounted caddy to keep smartphones, gels, energy bars and tools in easy reach on the bike.

Industry Stock Chart

NameCurrentChange
Accell Group 12.73+4.34%
Cheng Shin Rubber 71.00+0.42%
Compass Diversified 18.45+1.37%
Dorel Industries 34.520.00%
Giant Manufacturing 246.00+0.41%
GoPro 77.10+12.97%
Ideal 13.25+3.52%
Kenda Rubber 62.00+0.32%
KMC 0.00N/A
Merida Industries 210.00+0.24%
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