Industry News

LOS ANGELES, CA (BRAIN) Monday June 4 2012 5:39 PM MT— Sport Chalet saw same-store sales drop 5.3 percent in its fiscal fourth quarter, contributing to a loss of $3.8 million, as unseasonably mild weather continued to be a drag on earnings.

Tagged Earnings/Financial Reports

SAN JUAN CAPISTRANO, CA (BRAIN) Monday June 4 2012 12:33 PM MT—Interbike will add a custom-builder area and will feature new products in a special section called The LAB at its 2012 show, scheduled for September 19-21 in Las Vagas.

Tagged Tradeshows and conferences / Interbike

Vancouver: the next Copenhagen? • Cobalt Commerce integrates POS with website • Performance marks 30th anniversary with trip to Australia contest

HAVERHILL, MA (BRAIN) Friday June 1 2012 3:22 PM MT—Mavic, Inc. general manager Hugh Walton continues his recovery from a stroke in a Massachusetts hospital.

Tagged People

Q-Outdoor distributes Revere Technologies • Specialized teams to use Danish ceramic bearings • Light & Motion produces bike safety video • Tour of California seen by two million spectators • Clif introduces new organic bar

WASHINGTON, D.C. (BRAIN) Monday June 4 2012 2:35 AM MT—Visually oriented social media site Pinterest has surpassed Twitter and Facebook as the tool of choice for consumers to engage with retailers, a new survey finds.

Tagged Web/Internet

Wells Fargo sponsors free bike rentals in Colorado • Kinetic Koffee featured in entrepreneurship book • Ohio students bike 52,000 miles for Bike To School Challenge • Tim Jackson to 'enhance ride experience' at DealerCamp • Rolf Prima hires Thomas Kern

Saris awards bike corrals to two communities • Online registration opens for Canadian expo • Hawley distributing NOW Energy Bars

TORONTO, CANADA (BRAIN) Thursday May 31 2012 5:16 PM MT—Cervélo has shifted nearly all its bike assembly for North America from its Toronto-area headquarters to third-party factories in Asia.

CARLSBAD, CA (BRAIN) — Cervélo and Focus Bicycles will combine sales teams and support functions as part of the integration under new owner Pon Holdings, the brands announced Thursday.

MARINA, CA (BRAIN) Thursday May 31 2012 7:42 AM MT— Sidi Sport is restructuring its U.S. operations to create a "closer collaboration" between its Italian home base and the U.S. market, the company announced Wednesday.

NEWBURY PARK, CA (BRAIN) Wednesday May 30 2012 11:48 AM MT—Gregg Frederick is assuming the role of director of retail services for Giant USA. Frederick, who has been with the company for 17 years, most recently was director of sales.

Tagged People

NEWMARKET, Ontario (BRAIN) Wednesday May 30 2012 11:29 AM MT—Dartmoor Bikes Canada USA Inc. is suspending its importation and distribution of the Polish-made Dartmoor brand of bike products.

Club Ride staffs up, joins Bikes Belong • Keith Karlick joins Hammerquist Studios as director of interactive • Bikes for Kids Utah changes direction

LAGUNA NIGUEL, CA (BRAIN) Wednesday May 30 2012 8:09 AM MT—Ridley Bikes will exhibit at PressCamp and DealerCamp this year, the shows' producer, Lifeboat Events, announced this week.

Tagged PressCamp

ALMERE, Netherlands (BRAIN) Tuesday May 29 2012 12:26 PM MT—Derby Cycle could soon return to its private status after more than a year of trading on various European stock exchanges.

Shimano giving away RD+ parts to T.E.C. users • VSI Products launching seven online stores with Shopatron • Health+Fitness Business Expo targets light commercial market

Al Budris has been let go as president of Sidi America, he told friends in the industry this week.

"I was “restructured” out of Sidi America on Tuesday and the organization will be run from Italy," Budris said in an email.

Tagged People

CLOPPENBURG, Germany (BRAIN) Friday May 25 2012 12:28 PM MT—Derby Cycle gained 17.3 percent in revenue in the first half of its financial year, led by significant growth in e-bike sales, according to an earnings report issued Friday.

Tagged Earnings/Financial Reports

Utah high school league off to record start • Saris to offer brats and bike parking at Brat Fest • Volkswagen sponsors KOM prize at professional championships


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