Industry News

NORTH VANCOUVER, British Columbia (BRAIN) — Looking to accelerate its market position south of its native Canada, Rocky Mountain Bicycles has added five new U.S. sales agencies for 2015.
 
Updated with response from PCMR

Editor's note: This article was first published on BicycleRetailer.com on Thursday. On Friday a spokesman for PCMR contacted BRAIN to tell us that he was unaware of any communications between Wrona and the PCMR. His comments have been added to the article.

Tagged Tradeshows and conferences

BEAVERTON, Ore. (BRAIN) — Yakima Products Inc. has brought aboard Ryan Martin, formerly a global director at appliance manufacturer Whirlpool Corp., as its new CEO.

OSAKA, Japan (BRAIN) — Shimano's overall sales were $1.52 billion (156.3 billion Yen) over the first six months of the year, compared to $1.3 billion (133.1 billion Yen) last year.

Tagged Earnings/Financial Reports

SAN DIEGO (BRAIN) — BMC USA Corporation will be taking over Canadian distribution of BMC bicycles from Outdoor Gear Canada, effective Friday, the company announced. Canadian retailers will have access to U.S. inventory and begin working with the U.S. office starting Sept.

Tagged Distributor news

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced the second round of categories and nominees for the 2014 Interbike Awards, including retailer, athlete and advocacy designations.

Tagged Awards / BRAIN News / Interbike
CGI refocusing on the running business.

SAN DIEGO (BRAIN) — Competitor Group Inc., which has owned Velo magazine, VeloNews.com and VeloPress since 2008, is now interested in selling off the brands, a spokesman for the San Diego-based company said Thursday.

Tagged Media/Publishing

BOULDER, Colo. (BRAIN) — Merchandise sales at IBDs fell 5 percent in June over the same period in 2013 to total $373 million, according to Leisure Trends Group's latestRetailTrak IBD sales summary. And although unit sales fell 8 percent, average retail-selling prices rose 4 percent over June 2013.

OLNEY, Ill. (BRAIN) — Sapim USA will be giving away a Zipp 404 clincher wheelset to a shop that displays a Sapim sticker on its front door, van or elsewhere.

Smith's new road helmet earns the most votes from editors.
The Smith Overtake.

LAGUNA NIGUEL, Calif. (BRAIN) — Media participants at last month's PressCamp in Utah have chosen Smith's new Overtake road helmet as the best new product introduced at the event.

Tagged PressCamp

LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has enacted a minimum advertised price (MAP) policy and a new e-commerce sales policy, each effective immediately.

One by Optic Nerve shades will be at more accessible price.

WHEAT RIDGE, Colo. (BRAIN) — The company behind Optic Nerve sunglasses and goggles is renaming itself and launching a second sunglass brand, to be called One by Optic Nerve.

QUEBEC (BRAIN) — Outdoor Gear Canada will be the exclusive distributor of Redline BMX bikes in Canada, starting with the 2015 model year. Redline is owned by Accell North America.

Tagged Distributor news
Distributor challenges industry to do the same.

BERKELEY, Calif. (BRAIN) — Highway Two, a California-based distributor, is pledging to donate 1 percent of its sales to the National Interscholastic Cycling Association.

Tagged Advocacy/Non-profits / Racing & Sponsorship
PORTLAND, Ore. (BRAIN) — Ruckus Composites is reaching out to IBDs to build a dealer base for its carbon fiber repair services. The company’s Trusted Carbon Fiber Service Network aims to simplify the repair process for shops and consumers, the company said in a release.
 

GOLDEN, Colo. (BRAIN) — Kask has hired Nat Ross as its North American brand manager, the Italian helmet brand has announced.

Ross will operate from Golden, Colorado. 

BOULDER, Colo. (BRAIN) — PeopleForBikes is expanding its support of IMBA, including becoming a top-level sponsor of the IMBA World Summit, to be held next month in Colorado.

Tagged Advocacy/Non-profits

LONDON (BRAIN) — Future plc, which in May sold off its cycling magazines and websites, including CyclingNews.com and BikeRadar.com, announced Friday that it is selling its last remaining endurance sports title, Triathlon Plus magazine.

Tagged Mergers, Acquisitions & Investments / Media/Publishing
Company blames revenue dip in North America on severe winter and decline in overall market.
Accell sales by region, first half of 2014.

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. reported overall revenue gains for the first six months of the year. Revenue was up 4 percent to 506.2 million euros ($679.8 million), up from 503.8 million euros ($676.6 million) in the first half of 2014.

Tagged Earnings/Financial Reports

PHILADELPHIA (BRAIN) — Philadelphia Mayor Michael Nutter along with representatives from Advanced Sports International (ASI) are promoting cycling, commerce and investment in the city during a six-day trip to France.

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