Industry News

Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.

Nicole Formosa

Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.

Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.

By Nicole Formosa

Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.

Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.

VAN NUYS, CA (BRAIN)–Easton-Bell Sports on Monday reported a 6.3 percent increase in first-quarter net sales to $216.3 million, driven in part by gains in the company’s Action Sports segment, which includes its bicycle-related business.

Tagged Earnings/Financial Reports

NBC to broadcast live Tour of California coverage • Interbike ranks 70th on list of trade shows • Blumenthal pens Bike Month blog for HuffPost • Bike cop supplier offers customized Kona

TAIPEI, Taiwan (BRAIN) Monday May 7 2012 9:32 AM MT—The first quarter was a bit of a mixed bag for Taiwan’s publicly traded manufacturers, according to numbers released on the Taiwan Stock Exchange.

ALLENTOWN, PA (BRAIN) Monday May 7 2012 8:45 AM MT—Baby Boomer bicyclists may dominate the airwaves and magazine spreads in Flomax advertisements, but the generation no longer dominates the rest of the cycling market, a new study reveals.

SRAM offers Chain Watcher for aftermarket • Las Vegas Gran Fondo announces hotel partners • Selle Italia launches TV and Internet ad campaign

Phoenix signs Tyler Faoro for factory team • New Balance continues sponsorship of Garmin-Barracuda team • San Francisco Bike to Work Day gets wiggly video

BLOOMINGTON, MN (BRAIN) Thursday May 3 2012 12:18 PM MT—Steve Flagg and Mary Henrickson have acquired a majority stake in SmartEtailing, developer of websites and software for more than 1,000 U.S. specialty bike dealers.

Tagged Mergers & Acquisitions

CHATTANOOGA, TN (BRAIN) Thursday May 3 2012 11:22 AM MT—Chattanooga will host USA Cycling's professional road and time trial championships next year and for two years after, the organization announced here on Thursday.

Tagged Racing & Sponsorship

PLUS: Performance Bicycle to award $30,000 in community grants • QBP adds to salesforce in Midwest, Southwest and Florida • Register One Sales Agency to r

OLATHE, KS (BRAIN) Wednesday May 2 2012 11:38 AM MT—Strong demand for its fitness and outdoor GPS products helped Garmin Ltd. post a 10 percent increase in revenue to $557 million for the first quarter ended March 31, exceeding analyst expectations for a third consecutive quarter.

Tagged Earnings/Financial Reports

PLUS: Supporters break ground for Cleveland velodrome ... Saris announces bike corral contest ...

Tagged Distributor news

BOULDER, CO (BRAIN) Wednesday May 2 2012 9:00 AM MT—Competitor Group Inc. on Wednesday announced new editorial hires for its Velo magazine and VeloNews.com.

Tagged People

CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.

Tagged Mergers & Acquisitions

WASHINGTON, DC (BRAIN) — Bike advocacy groups are making the most of National Bike Month, which kicked off Tuesday, by lobbying Congress to restore funding for bike projects in the federal transportation bill.

Tagged Advocacy/Non-profits

CHICAGO, IL (BRAIN) Tuesday May 1 2012 9:46 AM MT—Crain's Chicago Business is reporting that Chicago's Inspector General has opened an investigation into alleged irregularities in the awarding of a multi-million dollar contract for a bike sharing program.

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