Industry News

WESTPORT, CT (BRAIN)—First quarter revenue soared almost 63 percent for Fox Racing Shox due in part to strong sales of mountain biking product, according to earnings figures reported Monday by the company’s parent, Compass Diversified Holdings.

Tagged Earnings/Financial Reports

"It's our first step and we're really excited about it. When they went in, people just naturally gravitated to them. It may attract more people to cycling so it will help us meet our sustainability goals."

AMES, IO (BRAIN)—Cycle Force Group (CFG) and participating wholesale distributors are making parts and accessories available to bicycle dealers in an innovative, cost efficient way—and at very competitive prices.

BOULDER, CO (BRAIN)—Bikes Belong has awarded funding to six great projects in its Spring 2010 grant cycle.

Tagged Advocacy/Non-profits

AUGUSTA, GA (BRAIN)—A big topic of conversation at this year’s International Mountain Bicycling Association World Summit were bike clubs, and how they can work more closely with retailers and IMBA itself.

Tagged Events

OOLTEWAH, TN (BRAIN)—American Bicycle Group will move into a new corporate office in downtown Chattanooga, Tennessee, this July. ABG currently resides in Ooltewah, which is located 20 miles east of Chattanooga.

"This bike is a little snapshot of time. The cyclist saw the semi-truck turning in front of him. He had three-quarters of a second to turn the bike to the right. The truck driver didn't see him."

ALBUQUERQUE, NM (BRAIN)—Exustar’s line of shoes, pedals, and soft goods just got more retailer-friendly as Q Cycle founder Bill Imielski has brought 13 independent sales reps on board.

MADISON, WI (BRAIN)—Saris Cycling Group has expanded its distribution as a result of feedback from Canadian independent bicycle dealers to offer greater choice, flexibility and service options.

Tagged Distributor news

CHESTERLAND, OHIO (BRAIN)—In her 35 years in the bike industry, Hubbub Bicycles owner Diane Lees has worn a lot of hats: race organizer, tour leader, seminar speaker, yoga instructor. Now she can add radio host to that list.

Tagged Media/Publishing

FAR HILLS, NJ (BRAIN)—After falling victim to credit card fraud two years ago, staff at The Sports People in Far Hills, New Jersey has been vigilant.

MONTREAL, Quebec (BRAIN)—Revenue and profit grew in Dorel Industries’ bike division during the first quarter of the year as early spring weather and rebounding consumer confidence drove sales at independent bike shops and mass merchants, according to first quarter earnings results released by the company on Thursday

Tagged Earnings/Financial Reports

The Belgian postal service 'De Post' has released a limited edition Eddy Merckx postage stamp.

EUGENE, OR (BRAIN)—Expanding their international presence, Rolf Prima has partnered with Timac to be their exclusive distributor for Taiwan, Hong Kong and China.

Tagged Distributor news

FAIRFAX, CA (BRAIN)—Swobo’s Sky Yaeger, WTB’s Patrick Seidler and Breezer’s Joe Breeze were among a select group that recently toured the Cal Park Hill Tunnel in Marin County to get a firsthand look at the $13 million bicycle/pedestrian portion.

Volkswagen is the latest non-endemic to introduce an electric bike—well kind of. The Volkswagen Bik.e can travel up to 12.5 miles on a single charge at speeds of up to 12.5 mph. But the thing that jumps right out at you is the lack of pedals or exposed gears, so it's actually closer in functionally to a scooter.

OKLAHOMA CITY, OK (BRAIN)—Vittoria Industries North America, LLC (VINA) and Vittoria Sourcing Asia (VSA) will now be the exclusive distributors of Northwave products in North America.

VINA general manager Ron Dougherty wasn't available for additional comment as of press time.

Tagged Distributor news

NEWBURY PARK, CA (BRAIN)—Following the success of the first “Ride Like King Day” last May, Giant will once again honor its founder King Liu with a second annual running of the event.

Tagged Events

TORONTO, Ontario (BRAIN)—BTAC will now be offering retailers the chance to win prizes if they register before the "Early Bird" deadline of June 30.

Tagged Tradeshows and conferences

HARTMANNSDORF, Germany (BRAIN)—Diamant, a European brand acquired by Trek in December 2002, celebrated its 125th anniversary last month at its German factory, a celebration capped by a visit from Tave Schur.

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