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Posted July 28, 2016

BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association June report note that supplier shipments over the first six months of this year fell 6 percent to 1.2 million units from 1.3 million last year. Sales fell to $551.5 million from $581.3 million over the first half of 2015.

Posted in Studies/Reports
Posted July 28, 2016

FORT COLLINS, Colo. (BRAIN) — Connex has reduced the U.S. wholesale and suggested retail prices of its chains by about 10 percent due to the continued weakness of the euro against the U.S. dollar, the company announced this weel. The company also announced a new minimum advertised price policy in the U.S.

Posted in North America Tagged MAP
Posted July 28, 2016

OLNEY, Ill. (BRAIN) — SKS USA will now act as the exclusive North American brand manager and distributor of SQlab saddles.

Posted in North America Tagged Distributor news
Posted July 28, 2016
Company doesn't mention cycling products in quarterly presentations.

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin stocks hit a 52-week high on Wednesday after earnings and revenue far exceeded analyst expectations for the first half. The company also raised its guidance for the second half.

Posted in North America Tagged Earnings/Financial Reports
Posted July 28, 2016
Company exceeds Wall Street expectations, points to improved sell-thru rates and continued marketshare dominance.

SAN MATEO, Calif. (BRAIN) — GoPro announced a second quarter sales decline of 47 percent this week, along with a loss of nearly $92 million, after reporting a profit last year in the same period.

Posted in North America Tagged Earnings/Financial Reports
Posted July 28, 2016

HELSINKI (BRAIN) — Amer Sports' cycling segment grew 20 percent in the second quarter this year thanks to the addition of Enve sales, which joined Mavic in the segment.

Posted in International Tagged Earnings/Financial Reports
Posted July 27, 2016
The Suomy Gun Wind road helmet, in Lampre team colors.

SANTEE, Calif. (BRAIN) — Ciclista America, the U.S. distributor for Sidi shoes, is introducing the Italian bike helmet line, Suomy, to the U.S. market this fall.

Posted in International
Posted July 27, 2016

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Following last year's "Breaking Away" reunion at the Interbike Awards Gala, this year's Interbike awards ceremony will include an appearance by at least four of the top-billed cast members of the 1985 cycling film "American Flyers."

Posted in North America Tagged Interbike / Interbike Awards
Posted July 27, 2016

EDEWECHT, Germany (BRAIN) — The German distributor Sport Import is investing in the two-year-old carbon wheel company Knight Composites, and will distribute the brand throughout continental Europe.

Posted in International
Posted July 26, 2016

OSAKA, Japan (BRAIN) — Shimano saw a steep decline in sales and profits in its bike segment in the first half, pointing to bad weather, the Brexit vote, terrorist attacks in Europe, and high distributor bicycle inventory in North America as contributors.

Posted in International Tagged Earnings/Financial Reports
Posted July 26, 2016

DURANGO, Colo. (BRAIN) — Greg Herbold is retiring from work with SRAM and RockShox after 25 years with the brands as a racer, product developer and ambassador.

Posted in North America
Posted July 26, 2016

LAKE SUCCESS, N.Y. (BRAIN) — Polar has appointed Stan Brajer as its senior VP of U.S. sales and marketing. Brajer brings more than 20 years of experience in sports, fitness and retail to Polar. Previously, Brajer he was VP of U.S. sports sales for Timex.

Posted in North America
Posted July 26, 2016

LEXINGTON, S.C. (BRAIN) — Hawley is now distributing bike and ski bags from the German brand EVOC.

The announcement comes less than 12 months after Lambert, Hawleys' sister company, relaunched EVOC in Canada. EVOC products will be available for ordering from Hawley in October.

Posted in North America
Posted July 25, 2016

MILAN (BRAIN) — Luxottica Group's first half profits fell and the company has pulled back on its forecasts for the remainder of the year.

Posted in International
Posted July 25, 2016

SQUAMISH, British Columbia (BRAIN) — Mountain bike website PinkBike.com is holding its third annual video contest with GoPro. 

Posted in North America
Posted July 25, 2016

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has launched of a series of educational seminars designed specifically for suppliers and their staffs.

Posted in North America Tagged Interbike
Posted July 25, 2016

SALT LAKE CITY (BRAIN) — The North American Handmade Bicycle Show has opened registration for new exhibitors. The thirteenth edition of NAHBS will be held next year in Salt Lake City, March 10-12. Applications for new exhibitors are now being accepted.

Posted in North America Tagged North American Handmade Bicycle Show
Posted July 25, 2016

TRUCKEE, Calif. (BRAIN) — Over the next five days some 300 dealers, many of them authorized Salsa dealers, will get a peek at what Quality Bicycle Products has to offer for 2017.

Posted in North America
Posted July 22, 2016
Nick Hage

WILTON, Conn. (BRAIN) — Cycling Sports Group has promoted Nick Hage to general manager IBD U.S. and appointed Steve Reeds senior vice president operations.

Posted in North America Tagged People
Posted July 22, 2016
E-bike sales drive growth in Europe.

HEERENVEEN, Netherlands (BRAIN) — Accell Group is reporting record revenues and profits in the first half of the year, despite a sales slump in North America.

Posted in International Tagged Earnings/Financial Reports

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