Industry News

OSAKA, Japan (BRAIN)—Shimano Inc. is slashing its full year profit forecast as U.S. and European consumers cut back purchases on mid- to high-end bicycles and fishing gear, according to Bloomberg News.

Tagged Earnings/Financial Reports

COTTAGE GROVE, WI (BRAIN)—Livestrong fitness equipment is now showing up at Dick’s Sporting Goods locations throughout the U.S.

KENT, WA (BRAIN)—Steve Meineke had just gotten off the plane from Hong Kong last Friday when he got a call that Raleigh’s power was out.

CHICAGO, IL (BRAIN)—SRAM has sued Hayes Bicycle Group claiming that the company’s Stroker hydraulic disc brake infringe on one of SRAM’s patents.

The web editor is looking for retailers and suppliers who are giving back this holiday season—whether it be toy drives or something else—for stories on the web and in print in December.

BETHEL, CT (BRAIN)—Cycling Sports Group (CSG) has promoted Jeff Weiss to the newly created role of vice president of international business development.

Tagged People

LEXINGTON, SC (BRAIN)—The Hawley Company's service center manager Ian Foyster was tragically killed on Monday.

"He was in the wrong place at the wrong time and was shot," said Dave Goeppner, marketing manager for The Hawley Company.

Tagged People / Distributor news

“Your cyclists really know their stuff. It’s more intense than in San Francisco. The bike coalition is strong there, but in Portland, the cyclists are more into the details. They want to know how their handle bars will work with handrails.

MIRAMAR, FL (BRAIN)—Who dares to believe they can keep up with seven-time Tour de France winner, Lance Armstrong, on a bike? Well the people behind Clear2Go, the sports water bottle with a replaceable filter, are giving would-be cyclists around the country the opportunity to do just that.

JUPITER, FL (BRAIN)—Sports Marketing Surveys and the Gluskin Townley Group have formed a joint venture to publish a monthly Consumer Intelligence: Bicycles & Bicycling Report beginning January 2010.

LONG BEACH, CA (BRAIN)—The nation's first Bikestation Secure Bike Module, a new concept in cost-effective, compact, multi-use bicycle transit center, is contracted for installation at the Covina Metrolink station in Covina, California.

VENTURA, CA (BRAIN)—Hill Billy USA, a Southern California company offering a wide range of golf-related products and services, is launching Dogleg–a series of electric bikes.

CLICK ON LINK to see Al Budris' (president of Sidi) response to today's 5th Spot.

SAN DIEGO, CA (BRAIN)—Bicycle art from all over the world will be on display and for sale at the 2009 Bike Art Spectacular, a fundraising event for Kimberlee’s Bikes for Kids. The event will take place on Saturday, November 7 from 6-9 p.m. at San Diego’s Quilt Art Vision Gallery.

Tagged Events

MOAB, UT (BRAIN)—The 25th annual Ellsworth Moab owners retreat weekend is only two weeks away—November 6 – 8.

There are still spots left to come join Tony and the Ellsworth staff for a weekend of riding in one the most legendary mountain biking regions in the world.

Tagged Events

LAGUNA HILLS, CA (BRAIN)—Focale 44, a manufacturer of fixie bikes and components, has launched a new Web site.

Click on link to check it out.

Tagged Web/Internet

MONTEREY, CA (BRAIN)—Sea Otter Classic 2010 registration opens up on November 2.

Sunny skies and warm temperatures helped this year’s Sea Otter Classic see double-digit attendance increases the first three days of the show.

Tagged Consumer Expos and Rides / Sea Otter Classic

Following its world premiere in Durango Tuesday night, Race Across the Sky, a stirring documentary about the 2009 Leadville Trail 100 mountain bike race, was simulcast to over 500 U.S. locations Thursday [last] night.

LATROBE, Australia (BRAIN)—Due to a severe lack of funding, the Latrobe Carnival has been cancelled for the first time in more than a century, according to an ABC Australia article.

The event is part of the Tasmanian Christmas Carnivals Series and includes cycling, running and woodchopping.

Tagged Events

BERKELEY, CA (BRAIN)—The Bay Area’s cycling social event of the season, the NorCal League’s CycleFest 2009 will feature the CEO of Slipstream Sports, Jonathan Vaughters, as its special guest at its main annual fundraiser, a three-day gathering, November 6-8 in Mill Valley.

Tagged Events

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