Industry News

MADISON, WI (BRAIN)—While Trek had its most successful year in 2010, company president John Burke admitted to retailers that it left a lot of money on the table due to delivery problems.

BETHEL, CT (BRAIN)—Dorel Industries’ Cycling Sports Group will begin direct distribution in Canada of its GT brand with the new model year introduction at ExpoCycle 2010.

We knew it was only a matter of time before Apple got bored with just making computers, iPhones and iPads. Looks like the company wants to get in on some two wheeled action. Click on above PDF for further details.

WESTPORT, CT (BRAIN)—Fox Racing Shox second quarter revenue saw healthy gains, increasing $4.8 million—a 16.1 percent increase for the same time period in 2009.

Tagged Earnings/Financial Reports

MIDDLETON, WI (BRAIN)—Kevin Hillier’s first trip to Trek World is one he won’t soon forget. The owner of 2Wheels Cycles in Dublin, Ireland, was one of several Trek dealers who braved torrential rain and thunderstorms yesterday morning to complete the 50-mile route of the inaugural Centurion Wisconsin Gran Fondo.

Tagged Events

WATERLOO, WI (BRAIN)—Renowned independent tire consultant Frank Stacy has signed on as the latest member of the Bontrager Tire Development Team and its parent company Trek Bicycles, to design, test and develop tires exclusively for Bontrager-sponsored race teams and riders the world over.

Tagged People

FORT COLLINS, CO (BRAIN)—Cantitoe Road, importer and distributor of Effetto Mariposa, Cole, Wippermann, and Axa, invites retailers to its August 18 open house event. The Cantitoe Road inside sales team and staff will answer questions and offer product demonstrations.

Tagged Events

LEVIS, Quebec (BRAIN)—Lambert will become the exclusive distributor of all Look products in Canada.

As of 2011 Lambert will distribute Look pedals, frames, bikes and apparel.

Tagged Distributor news

TRENTON, NJ (BRAIN)—Hutchinson Tires North America has promoted Bill Perreault to director of operations at their Trenton, New Jersey offices. In addition, Levi Olsen has been brought in under Perrault to spearhead the sales and marketing side of Hutchinson's bicycle tire business.

Tagged People

SALT LAKE CITY, UT (BRAIN)—It was more than the beach-happy SUP vibe that put a smile on attendees’ faces at Summer Market. Numbers were up by double digits in all categories at the show and sales on the floor were surprisingly strong.

Tagged Tradeshows and conferences

FLETCHER, NC (BRAIN)—Cane Creek Cycling Components has hired Devon Sullivan as a suspension design engineer.

Drawing on his experience as an avid north shore downhill rider, Sullivan will use his mechanical engineering skills to further develop and refine Cane Creek’s suspension product line.

Tagged People

SALT LAKE CITY, UT (BRAIN)—Justin Manthe and Chris Holmes agree: Outdoor Retailer rocks. The bicycle industry veterans are manning a patch of grass outside the Salt Palace sending exhibitors and retailers out on a 30-unit fleet of bikes from Electra.

Tagged Tradeshows and conferences

MONTREAL (BRAIN)—Dorel’s bike business increased nearly 8 percent in the second quarter of the year despite impacts from global issues such as currency exchange rates and shipping container shortages.

Tagged Earnings/Financial Reports

HELSINKI, Finland (BRAIN)—Mavic’s sales inched up 2 percent in the second quarter of the year and 5 percent for the first half of 2010.

Tagged Earnings/Financial Reports

SALT LAKE CITY, UT (BRAIN)—History was made—and discussed—at the Conservation Alliance Breakfast yesterday.

Tagged Tradeshows and conferences

CINCINNATI, OH (BRAIN)—Nominate your mentor, a co-worker, employee, or anyone who has inspired you within the bike industry for their leadership contributions.

Nominations are being accepted from now until August 16 for the 2010 OIWC Bike Industry Pioneering Woman and First Ascent awards.

Tagged Awards

DENVER, CO (BRAIN)—Boa Technology, maker of the patented Boa Lacing System, has added Chuck Mason as its new vice president of sales.

Tagged People

PARSIPPANY, NJ (BRAIN)—Chris Hoover has been named senior vice president of Kent International. Hoover works with Arnold Kamler, Kent International's president.

Tagged People

DENVER, CO (BRAIN)—Quiznos and Lance Armstrong have teamed up to bring international pro cycling back to Colorado.

The Quiznos Pro Challenge will be held August 22-28, 2011, according to a press release.

Tagged Events

Republican gubernatorial candidate Dan Maes is warning voters that Denver Mayor John Hickenlooper's policies, particularly his efforts to boost bike riding, are "converting Denver into a United Nations community."

Click on link for full Denver Post story.

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