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Posted October 29, 2009
LEVIS, Quebec (BRAIN)—Lambert has terminated its distribution agreement with Race Face.

Posted in North America
Posted October 29, 2009
OSAKA, Japan (BRAIN)—A slow bike market took its toll on Shimano as the company saw its sales tumble to $1.47 billion (134.44 billion Yen) through September, from $1.87 billion (170.6 billion Yen) last year. The company’s income fell to $149.98 million (13.68 billion Yen) from $307.38 million (28.03 billion Yen).
Posted in North America Tagged Earnings/Financial Reports
Posted October 29, 2009
HELSINKI, Finland (BRAIN)—Mavic's net sales declined by 14 percent for the first nine months of the year, according to earnings report released Thursday by Mavic’s parent company, Amer Sports.

Posted in North America Tagged Earnings/Financial Reports
Posted October 28, 2009
VISTA, CA (BRAIN)—Skip Hess is the new co-CEO of Electra Bicycle Company.

Posted in North America Tagged People
Posted October 28, 2009
BOULDER, CO (BRAIN)—Gruppo Bici N.A.'s exclusive distribution agreement with BiciSupport S.r.l. has been terminated. Albabici LLC of Oxnard, California has been awarded the distribution of BiciSupport products by BiciSupport S.r.l.

Posted in North America
Posted October 28, 2009
OSAKA, Japan (BRAIN)—Shimano Inc. is slashing its full year profit forecast as U.S. and European consumers cut back purchases on mid- to high-end bicycles and fishing gear, according to Bloomberg News.

Posted in North America Tagged Earnings/Financial Reports
Posted October 28, 2009
COTTAGE GROVE, WI (BRAIN)—Livestrong fitness equipment is now showing up at Dick’s Sporting Goods locations throughout the U.S.

Posted in North America
Posted October 27, 2009
KENT, WA (BRAIN)—Steve Meineke had just gotten off the plane from Hong Kong last Friday when he got a call that Raleigh’s power was out.

Posted in North America
Posted October 27, 2009
CHICAGO, IL (BRAIN)—SRAM has sued Hayes Bicycle Group claiming that the company’s Stroker hydraulic disc brake infringe on one of SRAM’s patents.

Posted in North America
Posted October 27, 2009
The web editor is looking for retailers and suppliers who are giving back this holiday season—whether it be toy drives or something else—for stories on the web and in print in December.
Posted in North America
Posted October 27, 2009
BETHEL, CT (BRAIN)—Cycling Sports Group (CSG) has promoted Jeff Weiss to the newly created role of vice president of international business development.

Posted in North America Tagged People
Posted October 27, 2009
LEXINGTON, SC (BRAIN)—The Hawley Company's service center manager Ian Foyster was tragically killed on Monday.

"He was in the wrong place at the wrong time and was shot," said Dave Goeppner, marketing manager for The Hawley Company.

Posted in North America Tagged People
Posted October 26, 2009
“Your cyclists really know their stuff. It’s more intense than in San Francisco. The bike coalition is strong there, but in Portland, the cyclists are more into the details. They want to know how their handle bars will work with handrails.
Posted in North America
Posted October 26, 2009
MIRAMAR, FL (BRAIN)—Who dares to believe they can keep up with seven-time Tour de France winner, Lance Armstrong, on a bike? Well the people behind Clear2Go, the sports water bottle with a replaceable filter, are giving would-be cyclists around the country the opportunity to do just that.

Posted in North America
Posted October 26, 2009
JUPITER, FL (BRAIN)—Sports Marketing Surveys and the Gluskin Townley Group have formed a joint venture to publish a monthly Consumer Intelligence: Bicycles & Bicycling Report beginning January 2010.

Posted in North America
Posted October 26, 2009
LONG BEACH, CA (BRAIN)—The nation's first Bikestation Secure Bike Module, a new concept in cost-effective, compact, multi-use bicycle transit center, is contracted for installation at the Covina Metrolink station in Covina, California.

Posted in Industry News
Posted October 26, 2009
VENTURA, CA (BRAIN)—Hill Billy USA, a Southern California company offering a wide range of golf-related products and services, is launching Dogleg–a series of electric bikes.

Posted in North America
Posted October 26, 2009
CLICK ON LINK to see Al Budris' (president of Sidi) response to today's 5th Spot.

Posted in North America
Posted October 25, 2009
SAN DIEGO, CA (BRAIN)—Bicycle art from all over the world will be on display and for sale at the 2009 Bike Art Spectacular, a fundraising event for Kimberlee’s Bikes for Kids. The event will take place on Saturday, November 7 from 6-9 p.m. at San Diego’s Quilt Art Vision Gallery.

Posted in North America Tagged Events
Posted October 25, 2009
MOAB, UT (BRAIN)—The 25th annual Ellsworth Moab owners retreat weekend is only two weeks away—November 6 – 8.

There are still spots left to come join Tony and the Ellsworth staff for a weekend of riding in one the most legendary mountain biking regions in the world.

Posted in North America Tagged Events

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