Industry News

In our April 15 Product Picks section we featured Kool Kovers' Shimano SPD-SL cleat cover, which had been "totally redesigned," which I forgot to mention. It also now fits both fixed and float style cleats, which I should have more clearly pointed out.

TAIPEI, Taiwan (BRAIN)—First quarter earnings were a mixed bag for Taiwan’s top manufacturers, according to figures released on the Taiwan Stock Exchange.

Tagged Earnings/Financial Reports

SAN FRANCISCO, CA (BRAIN)—Timbuk2 has partnered with The Bike Cooperative, a member-owned organization that maximizes efficiencies and profit for independent bicycle retailers.

VANCOUVER, British Columbia (BRAIN)—The Vancouver Convention Centre is presenting a brand new consumer cycling show this fall called VeloSpoke. It will take place on September 8 and 9 at the Convention Centre.

Tagged Events

SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike opened buyer registration a month early this year and retailers are responding. Registration for the 30th edition of the industry's leading trade show is currently at more than 2,300 qualified buyers, a 160 percent increase over last year during the same time span.

Tagged Tradeshows and conferences / Interbike

WASHINGTON, D.C. (BRAIN)—Biking (Road, Mountain and BMX) came in second to Running when measured by frequency of participation among adults (25-plus), according to the 2011 Outdoor Recreation Participation Top-line Report.

OSAKA, Japan (BRAIN)—Shimano posted a 2.2 percent increase in sales in its bike division during the first quarter compared to the same period last year.

Tagged Earnings/Financial Reports

WASHINGTON (BRAIN)—A U.S. House of Representatives subcommittee is considering a bill that would revise a three-year-old law limiting the amount of lead in children’s products, potentially to the benefit of bike manufacturers.

BETHEL, CT (BRAIN)—Cycling Sports Group announced on Monday that it would hold its annual sales meeting and 2012 dealer product launch in conjunction with Lifeboat Events’ DealerCamp this summer in Utah.

Tagged Events

LOS ANGELES, CA (BRAIN)—The Los Angeles Police Department’s Bicycle Coordination Unit has said that initial testing and evaluation of IZIP Express Police bicycles have been completed with favorable results.

PORTLAND, OR (BRAIN)—Perhaps consumers have become desensitized in light of record prices at the pump only three years ago. Or perhaps the economy is doing better, giving people more confidence in their buying habits.

Check out a video of the BRAINy Awards on our front page shot by Jake Orness.

BURLINGTON, Ontario (BRAIN)—German lock brand Trelock has entered the North American market with a subsidiary near Toronto.

MELBOURNE, Australia (BRAIN)—Bicycle imports for the month of February fell in Australia, according to statistics released by the nonprofit Bicycle Industries Australia group.

Tagged Earnings/Financial Reports

SAN FRANCISCO, CA (BRAIN)—Timbuk2’s retail store in the Hayes Valley neighborhood of San Francisco is making a small fleet of four Globe bikes available to shoppers for free as part of a new bike share program that launched today.

BOSTON, MA (BRAIN)—Boston Mayor Thomas Menino has signed a contract with Alta Bicycle Share, which will install a bike share system in Boston that will launch by summer. Dubbed Hubway, it will comprise 61 stations with 600 bikes.

When Jason Schiers started his high-end composite wheel and components company in 2005, he chose to become better at manufacturing in the U.S. rather than better at sourcing from Asia.

“There are not many people left manufacturing in the U.S. It’s kind of a challenge to overcome,” Schiers said.

By Wendy Booher

By Megan Tompkins

SAN DIEGO, CA—Peter Hurley gets a phone call once a week from someone looking to broker a merger or acquisition deal. It’s been a noticeable change in the past three months from the previous three years when investment activity came to a grinding halt.

Click on title and link to visit to see how you can get involved or donate.

Tagged BRAIN News


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