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Posted October 30, 2014

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 Tagged Earnings/Financial Reports
Posted October 30, 2014

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 Tagged People
Posted October 30, 2014
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
Posted October 30, 2014

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
Posted October 29, 2014

RICHMOND, Victoria, Australia — Knog has enlisted Channel IQ’s services to “regain some control over the integrity of pricing” online, the Australian light and lock brand said in a release.

Posted in International Tagged Web/Internet
Posted October 29, 2014

DENVER (BRAIN) — The 2014 USA Pro Challenge stage in August brought $130 million in spending to its home state of Colorado, according to a study by sports research firm Sponsorship Science. The USA Pro Challenge commissioned the study.

Posted in Studies/Reports Tagged Competition / Events
Posted October 29, 2014

SUWANEE, Ga. (BRAIN) — Tire maker CST is implementing a minimum advertised price (MAP) policy for all of its bicycle products effective Nov. 1.

Posted in Industry News
Posted October 29, 2014

SAN FRANCISCO — Strava, an app popular with the cycling community, has raised $18.5 million in new money to pay for future growth and expansion, reports Re/Code Daily, a website that covers the digital technology market.

Posted in North America Tagged Web/Internet
Posted October 29, 2014
Goal of creating a ‘Manifesto of Change’ for the industry accompanies switch from spring in Monterey to winter date in Arizona.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike’s IBD Summit returns for its fourth edition in 2015 with a new Arizona locale, revamped agenda and a winter calendar date conceived to be more convenient for retailers than the event’s traditional April timing around “Monterey Week” and the Bicycle Leadership Conference and Sea Otter Classic in Northern California.

Posted in North America Tagged Events / IBD Summit / Interbike
Posted October 28, 2014

LOUISVILLE, Ky. (BRAIN) — For its 2015 edition in March, the North American Handmade Bicycle Show will introduce a new category, the Artisan Award, and a cyclocross race pitting framebuilders against one another.

Posted in North America Tagged Awards / Events / North American Handmade Bicycle Show
Posted October 28, 2014

PETALUMA, Calif. (BRAIN) — Yuba Bicycles has signed with eLastenrad, a German online seller of electric cargo bikes, as its new European distributor, selling direct to both consumers and dealers.

Posted in International
Posted October 28, 2014
A blog by NBDA executive director Fred Clements

One of the most important metrics for bike shop success is store traffic. Living and breathing visitors are a necessary part of the retail business model for brick-and-mortar stores. Without them, retailers would be left trying to sell bikes to air, and that is very hard to do. Getting people into the store is becoming a greater challenge, though. New research shows that consumer traffic at bike shops is declining across the board. While this is distressing news at first glance, there are also clear opportunities to reverse the trend.

Posted in Studies/Reports
Posted October 28, 2014

EUGENE, Ore. (BRAIN) — Rolf Prima has promoted Pete Moe to sales manager, where he will also oversee international sales.

Posted in Industry News Tagged People
Posted October 27, 2014

TREVISO, Italy (BRAIN) — Sidi has distributed a new policy to its distributors and retailers prohibiting them from removing barcodes from products and said it is electronically tracking all products in an effort to stem gray-market sales.

Posted in International
Posted October 27, 2014

CHICAGO (BRAIN) — SRAM has brought aboard advocacy and event marketing veteran Ethan Spotts as the company’s new road brand communication manager.

Posted in North America Tagged People
Posted October 27, 2014

SAN CARLOS, Calif. (BRAIN) — Ritchey has adopted a global minimum advertised price (MAP) policy and will sell only to authorized distributors and retailers. The policy goes into effect Nov. 1.

Posted in Industry News
Posted October 27, 2014

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike and Bicycle Retailer and Industry News will host the second annual Turkey Pedal industry ride and food drive on Saturday, Nov. 15.

Posted in North America Tagged Events / Interbike
Posted October 27, 2014

DUARTE, Calif. (BRAIN) — Dahon has signed an agreement with Slovakia-based Dema Bicycles to distribute the folding-bike brand across the Czech Republic, Slovakia, Hungary and the Faroe Islands.

Posted in International
Posted October 24, 2014

VANCOUVER, British Columbia (BRAIN) — Milwaukee-area retailer Chris Kegel, Specialized Donny Perry and e-bike expert Ed Benjamin are among the speakers at the first Leadership Summit held by the Canadian Independent Bicycle Retailers' Association.

Posted in North America Tagged Tradeshows and conferences
Posted October 24, 2014

PARK CITY, Utah (BRAIN) — POC is moving its North American office from Aspen, Colorado, to Park City, Utah, in early November.

Posted in North America

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