Industry News

FRIEDRICHSHAFEN, Germany (BRAIN) — Due to strong demand for booth space, Eurobike organizers are opening additional exhibit space outside the Messe Friedrichafen grounds—between the halls—where it previously featured a bike obstacle course.

Tagged Eurobike

SOUTH EL MONTE, Calif. (BRAIN) — Micargi Bicycles has hired 40-year industry veteran Gary Hoisington as director of design and engineering and brand manager.

KETCHUM, Idaho (BRAIN) — Clothing brand Club Ride is reporting sales of $1.7 million last year, a 119 percent increase over 2012, when the company's net sales were $779,000.

The privately held company voluntarily publishes its sales figures.

Tagged Earnings/Financial Reports

CEDAR PARK, Texas (BRAIN) — Fallbrook Technologies, the manufacturer of NuVinci continuously variable planetary drivetrains, has hired Rick Soberanis as its "chief accelerator of sales and business development" for bike North America. Soberanis started working with Fallbrook's NuVinci bicycle division on Feb. 2.

FRYEBURG, Maine (BRAIN) — Downeast Bicycle Specialists is holding its 2014 open house in Peabody, Mass., this year to allow more Boston-area retailers to attend.

Tagged Events / Distributor news

DENVER, Colo. (BRAIN) — Rudy Project has signed a multi-year agreement that designates Rudy Project as the Official Helmet of Ironman for North America, the company announced this week. 

Tagged Racing & Sponsorship

NEWBURY PARK, Calif. (BRAIN) — Giant USA has hired Dave Maurer as its central region sales manager, the company said. Maurer, who until recently was the central region sales manager for Trek, will start with Giant on Feb. 17.

SAN MATEO, Calif. (BRAIN) — Action camera maker GoPro, Inc. said it plans to offer a registered initial public offering of its common stock.

AURORA, Ontario (BRAIN) — BionX International has hired Ken Fagut as U.S. sales manager. Fagut comes to BionX with 30 years of industry management experience.

WHEAT RIDGE, Colo. (BRAIN) — Apparel maker Soulforce Cycling has relocated to a new facility in Wheat Ridge. The new 2,300-square-foot facility houses the brand's headquarters administrative offices, design studio and warehouse and shipping hub.

IBD sales dip 2 percent in December, contributing to a 3 percent yearly decline.

BOULDER, Colo. (BRAIN) — Total IBD merchandise sales fell 2 percent in December, according to Leisure Trends Group’s RetailTrak IBD sales summary. That contributed to a 3 percent decline in total merchandise sales in bike shops for the full year, compared with 2012.

BOSTON (BRAIN) — Vittoria Industries North America Inc. has hired Henry Horrocks as its product and marketing manager.

MADRID (BRAIN) — IMBA Europe will hold its two-day summit here starting March 28. The event will include discussion of long-distance European mountain bike routes, mountain bike guide programs, sustainable trail building, advocacy and mountain bike tourism.

Tagged Advocacy/Non-profits / Events

NOVATO, Calif. (BRAIN) — Jason Faircloth has left Marin Bikes, where he was vice president of product development, to start an industry design, development and sourcing company called Darkline Design.

Faircloth started at Marin in 2003. 

PITTSBURGH (BRAIN) — Bicycle Times’ founding editor, Karen Brooks, has left the magazine after nearly 10 years with parent company Rotating Mass Media. Her last day was Monday.

VISTA, Calif. (BRAIN) — Following Skip Hess’ sudden departure from Electra last week, sales and marketing vice president Kevin Cox has been promoted to company president effective immediately.

However, company forecasts 20 to 25 percent increase for first quarter of 2014.

MONTREAL, Quebec (BRAIN) — Dorel Industries’ earnings for the fourth quarter and all of 2013 in its recreational and leisure segment — which includes Cannondale, GT, Mongoose, Schwinn and Dorel’s mass-market bike brands — will come in lower than a year earlier due to “a poorer product mix” and late order delivery at Cycling Sports Group, the company announced.

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) — The Outdoor Industry Association (OIA) filed an objection with the Consumer Product Safety Commission (CPSC) over its proposed rule change that states once a firm voluntarily agrees to undertake a corrective action plan, the firm is legally bound to fulfill the terms of the agreement. Currently suppliers are under no legal restraints when filing a voluntary recall.

GREENVILLE, S.C. (BRAIN) — Michelin Bicycle has partnered with Team Roger C. Peace Cycling, the only independent team competing on a global para-cycling schedule, as provider of its Pro4 line of race tires and other team support throughout the season.

Tagged Racing & Sponsorship

MADISON, Wis. (BRAIN) — Carmichael Training Systems and Peaks Coaching Group have selected PowerTap as a preferred power meter, giving athletes access to power equipment and guidance.

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