Industry News

MISSOULA, MT (BRAIN) Feb 14, 00:01 MT—Five years after unveiling its

Tagged Advocacy/Non-profits

Fizik enters aftermarket insole market • German bike expo VELOBerlin second show planned for March • Correia launches adventure touring company • Hayes is title sponsor of Niner's demo program • Giant sales rep sets masters hour record

NEUBIBERG, Germany (BRAIN) Feb 13, 06:56 MT While the rest of the publishing world is figuring out how to supplement print products with digital and online coverage, the team behind the velobiz.de website is doing the opposite.

WASHINGTON, DC (BRAIN) Feb 10, 15:48 MT Suppliers imported 15.6 million bikes last year, down 4.1 million from 2010’s record 19.8 million bikes, according to the U.S. Department of Commerce. Imports were 2.5 million bikes below the prior-eight-year average of 18.1 million units.

VAN NUYS, CA (BRAIN) Feb 10, 09:50 MT —Easton-Bell Sports has appointed new presidents of its Bell/Blackburn and Giro/Easton divisions as the company looks to increase the differentiation between each brand.

Tagged People

LONDON, England (BRAIN) Feb 10, 07:19 MT — Future plc, the owner of Cyclingnews.com, BikeRadar.com websites, and Cycling Plus and Procycling magazines, is reporting a slight overall decline in revenue over its first quarter, but a 41 percent increase in digital revenues.

Tagged Earnings/Financial Reports

WASHINGTON, DC (BRAIN) Feb 9, 15:06 MT—U.S. bike advocacy groups are urging supporters to contact their representatives in Washington before next week's votes on a major transportation bill they say would gut federal spending for biking and walking projects.

Tagged Advocacy/Non-profits

USA Cycling announces gravity tour dates • Seattle Bike Supply hires Castonguay for sales • CatEye offers custom computers for advocacy

EINDHOVEN, Netherlands (BRAIN) Feb 9, 14:13 MT— The Dutch owners of Lake Cycling have sold the shoe brand to Lake Cycling International B.V., a newly formed company also based in the Netherlands.

Tagged Mergers & Acquisitions

WATERLOO, WI (BRAIN) Feb 9, 14:04 MT— Trek Bicycle will maintain its relationship with Lance Armstrong as the Tour hero returns to triathlon competition.

Tagged Racing & Sponsorship

Editor's note: On the occasion of Ernesto Colnago's 80th birthday, we are re-publishing an article on Colnago's resurgence in the U.S. market. The article originally ran in the September 2011 edition of Bicycle Retailer & Industry News.

By Doug McClellan

Tagged People

LOS ANGELES, CA (BRAIN) Feb 8, 18:27 MT Sport Chalet Inc. on Wednesday reported a 2 percent decrease in same-store sales and slightly deeper loss for its fiscal third quarter as unseasonable weather kept customers away from winter resorts.

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN) Feb 8, 18:09 MT — With sales flat in most world markets, Shimano cited sales of sports bikes into China as driving its bicycle component sales up 5 percent last year to $2.3 billion (177.3 billion Yen).

Tagged Earnings/Financial Reports

Crankbrothers dreambikes auction continues, $29,000 raised so far • Quebec fondo renamed with new sponsors • MJM Associates to manages western sales of Lake shoes; offers bike demo program • Endurance Films becomes USA Cycling Silver Level Sponsor • Pedego launches social media campaign

Post-Interbike Fondo ride route announced • Four brands team up to promote Cutters Ball during Frostbike • Chris Carmichael is national spokesman for Tour de Cure series

MELBOURNE, Australia (BRAIN) Feb 7, 06:37 MT — Six key industry suppliers have stepped up their commitment to the Australian market through an investment in the Cycling Promotion Fund (CPF) advocacy group.

NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.

Tagged Mergers & Acquisitions

By Doug McClellan

Editor's note: BRAIN's complete package on nonprofits, including an executive salary breakdown, is in the February issue.

Tagged Advocacy/Non-profits

By Nicole Formosa

Tagged Earnings/Financial Reports

NEW YORK, NY (BRAIN) Feb 6, 12:55 MT—Nielsen Holdings, which runs the well-known television traffic survey as well as the bike trade show Interbike, is reporting a revenue increase of 8 percent for 2011.

Tagged Earnings/Financial Reports / Interbike

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