Industry News

VAN NUYS, CA (BRAIN)—A strong start to the bike season led Easton-Bell Sports to sales growth of 5 percent in the first quarter of the year.

Tagged Earnings/Financial Reports

BARRINGTON, IL (BRAIN)—Retailers will gather today to honor Larry Lorenz, an independent sales rep who passed away suddenly earlier this week.

Lorenz was 58.

Tagged People

KENT, WA (BRAIN)—Raleigh America this week launched mycyclingevent.com to connect America’s 60 million cyclists with popular charity rides in the U.S. like the MS 150 and Tour de Cure rides.

Tagged Advocacy/Non-profits / Web/Internet

CHICAGO, IL (BRAIN)—SRAM today announced that it has acquired Quarq Technology Inc., manufacturer of power meters, measurement devices and related accessories for the bike industry. Detailed integration plans with Quarq are being formulated, the company said in a release.

Tagged Mergers & Acquisitions

SAN JUAN CAPISTRANO, CA (BRAIN)—As the new managing director of Interbike, Pat Hus recognizes the challenges he faces in returning the annual tradeshow to the sole unifying industry gathering in North America.

Tagged People

SUN VALLEY, ID (BRAIN)—Scott Sports has hired Bill Christensen as its new western regional field marketing representative.

Tagged People

By Jason Norman

MONTEREY, CA—Company officials at the recent Sea Otter Classic pointed to strong sales during the first quarter. But many said rising raw material and shipping costs are forcing them to raise prices, which could cut into profits in the second half of the year.

As the recession hammered nations and companies worldwide, one corner of the bicycle industry emerged relatively unscathed—its nonprofit associations.

By Matt Wiebe

SEATTLE, WA—Recreational Equipment Inc. reported a record year in 2010 with an all-time high operating income due in part to its growing bike business.

Tagged Earnings/Financial Reports

James Thomas and the crew at Serfas have announced plans for the newest installment of the OC Bicycle Swap Meet, from 6 a.m. - 2 p.m. on Saturday, June 4, at a new location in Irvine, California.

SHANGHAI, China (BRAIN)—Many international brands are attending the China Cycle Show to access distribution opportunities and increase brand awareness in this promising consumer market.

Tagged Tradeshows and conferences

AIGLE, Switzerland (BRAIN)—Small frame builders will get a 20 percent break on the cost for the UCI’s new mandatory frame and fork approval process thanks to an agreement between cycling’s governing body and The Framebuilders’ Collective.

Tagged Racing & Sponsorship

WASHINGTON, D.C. (BRAIN)—The Rails to Trails Conservancy is urging cyclists to encourage their U.S. Representatives to sign a letter by Thursday supporting continued funding of the Recreational Trails Program, or RTP.

GOLDEN, CO (BRAIN)—Feedback Sports, a bicycle accessory company, will now be represented in the Midwest by RP Active Sports.

RP Active Sports is a rep group that was founded in 1987 by Rick Dewbrey and Peter Leugers. RP Active Sports has over 50 years of retail and product experience.

DENVER, CO (BRAIN)—Cycling apparel manufacturer Primal Wear has partnered with one of the most successful rides in the world—RAGBRAI, the Register's Annual Great Bicycle Ride Across Iowa—for a College Spirit Day that will encourage the event's riders to show their school spirit.

Tagged Events

ALLENTOWN, PA (BRAIN)—The Gluskin Townley Group, LLC (GTG) has formed a strategic partnership with Tahler & Associates, a full service retail and business counseling company located in Allentown, Pennsylvania, with the goal of expanding the use of GTG’s successful Online Specialty Retail Survive or Thrive Assess

ATLANTA, GA (BRAIN)—Thailand’s Vee Rubber has moved into a new 65,000 square-foot building in Atlanta, where it will warehouse its bicycle, motorcycle and automobile tires.

SCHWÄBISCH GMÜND, Germany (BRAIN)—The European Handmade Bicycle Exhibition has canceled its 2011 show due to low registration numbers, according to Indra Sarkar, who organized the event with business partner Ingo Brandtl, of 2SoulsCycles.

Tagged Events

WASHINGTON, D.C. (BRAIN)—The League of American Bicyclists announced the latest round of Bicycle Friendly Community (BFC) designations to kick off May as National Bike Month.

MONTGOMERYVILLE, PA (BRAIN)—Driven partly by the 8 percent discount on Interbike booth space, BPSA continues to sign up new members in record numbers.

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