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Posted March 15, 2010
BY MATT WIEBE

PHILADELPHIA, PA—As bike suppliers closed their books on 2009, over supply of inventory seemed to be following them into the new decade.

Posted in North America
Posted March 15, 2010
BY JASON NORMAN

VISTA, CA—When Electra Bicycle Company introduced its iPhone application in late January, many in the industry might not have even noticed.

Posted in North America
Posted March 14, 2010
BOULDER, CO (BRAIN)—Consumers are now able to shop online for all of the cycling brands in the Veltec Sports family. Veltec has partnered with Shopatron to sell Descente, Shebeest, Lake, Prologo, Enervit and Vredestein from each brands’ Web site.
Posted in North America
Posted March 14, 2010
TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) reports its supplier members picked up $21 million* in sales last year as shipments to dealers fell 8 percent but sales grew 14 percent to $171 million.

Posted in North America Tagged Earnings/Financial Reports
Posted March 11, 2010
WASHINGTON, D.C. (BRAIN)—Armed with talking points and brightly colored bike lapel pins, more than 700 leaders of the bicycling industry and advocacy movement took Capitol Hill by storm yesterday.

Posted in North America Tagged Events
Posted March 11, 2010
NEWBURY PARK, CA (BRAIN)—Industry veterans Russ Okawa and Bruce Schofield were among five Giant USA employees laid off last week as part of a company restructuring.

Posted in North America
Posted March 11, 2010
SANTA CLARITA, CA (BRAIN)—Corsair Bikes have new owners as Mike Flaherty and Froggy Khu of Atomlab, along with Pablo Tafoya—the designer of Corsair frames—have purchased the company from original founder and industry veteran Doug Stuart.

Posted in North America Tagged Mergers & Acquisitions
Posted March 11, 2010
LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News is looking for Sea Otter submissions for its Show Guide that will be handed out at the show.

All news submissions should be sent to managing editor Lynette Carpiet at lcarpiet@bicycleretailer.com.

Posted in North America Tagged Consumer Expos and Rides / Sea Otter Classic
Posted March 10, 2010
WASHINGTON, D.C. (BRAIN)—Google’s announcement at the opening plenary session at the National Bike Summit yesterday that it is adding biking directions to Google Maps was met with resounding applause.

Posted in North America Tagged Events
Posted March 10, 2010
WASHINGTON, D.C. (BRAIN)—The clanging of a cowbell sounded continually last night, each time signifying the entrance of a U.S. senator or representative to the Bikes PAC fundraiser.
Posted in North America Tagged Events
Posted March 10, 2010
Cannondale marketing guy Bill Rudell and new global director of marketing Frank Hwang stopped into the office on Tuesday and showed us this two-of-a-kind Cannondale X outfitted with Di2.

Posted in North America
Posted March 10, 2010
BETHEL, CT (BRAIN)—Topolino Technology expects first quarter sales to more than double last year's results.

Posted in North America Tagged Earnings/Financial Reports
Posted March 10, 2010
MONTREAL, Quebec (BRAIN)—Dorel Industries’ bike business grew by 11.3 percent in the fourth quarter of 2009, propelling the segment to a year-end sales increase of almost 4 percent.

Revenue increased to $175.6 million in the fourth quarter of 2009 compared with $157.8 for the same period in 2008.
Posted in North America Tagged Earnings/Financial Reports
Posted March 9, 2010
WASHINGTON, D.C. (BRAIN)—Columbia, Missouri may not be top of mind when it comes to bike-friendly cities. But Columbia’s fifth-term mayor Darwin Hindman, who championed the city’s Katy Trail, is putting this Midwestern city on the cycling map.

Posted in North America Tagged Events
Posted March 9, 2010
VANCOUVER, WA (BRAIN)—SR Suntour has formed a new U.S. subsidiary to drive aftermarket growth, tapping longtime U.S. manager Darrell Voss to head up the operation and former FSA president Doug Stuart to oversee sales and marketing in North America.

Posted in North America
Posted March 9, 2010
COSTA MESA, CA (BRAIN)—Space is still available for retailers interested in attending the NBDA's March 15-16 Profitability Project in Atlanta, Georgia.

Posted in North America Tagged Events
Posted March 9, 2010
LAGUNA HILLS, CA (BRAIN)—The Taipei Cycle Show gets underway next week and Bicycle Retailer & Industry News will deliver daily coverage of the four-day event.
Posted in North America Tagged Taipei Cycle Show
Posted March 9, 2010
WESTPORT, CT (BRAIN)—Annual sales for Fox Racing Shox fell 7.8 percent in 2009, but the company saw signs of recovery in the fourth quarter with double-digit growth during the last three months of the year.

Posted in North America Tagged Earnings/Financial Reports
Posted March 8, 2010
SIDI America has announced the top 10 finalists in its contest to find the best rider-written stories about Sidi shoes. Voting has begun and the grand prize winner will be announced on March 17.

Posted in North America
Posted March 8, 2010
SALT LAKE CITY, UTAH (BRAIN)—Steve Miller, president of the Tour of Utah cycling race, confirmed the event's dates and sponsors on Monday.

The USA Cycling sanctioned pro race will be Aug. 17 to 22 and Zions Bank is returning as presenting sponsor of the Tour for the fourth year, Miller said.

Posted in North America Tagged Events

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