Industry News

Dick’s reports record first quarter • Taichung Bike Week registration opens • Best of Bike show launches in Austria as Bike & Trimm Ends • Bicycle Garage Indy partners for cycling tours

BOULDER, CO (BRAIN) Tuesday May 15 2012 11:06 AM MT—A few preliminary details are emerging about the plan to merge three of the country's most powerful bike advocacy organizations.

Tagged Advocacy/Non-profits

LAB announces round of Bike Friendly Communities • ASI hires quality manager for Asia • SRAM produces videos on servicing Red parts • LEVA offers free trial membership

LAB partners with AAA on drivers ed • BMX Hall of Fame adds women's category, honors Olympic team • DealerCamp and PressCamp align with Canari, offer iLeads app • U.S. auto brands big in Japan, on bikes

BOULDER, CO (BRAIN) Monday May 14 2012 6:49 PM MT—Overall merchandise sales at IBDs surged 29 percent in March as the warm weather continued to smile down on dealers, according to Leisure Trends Group’s RetailTRAK data.

SAN JUAN CAPISTRANO, CA (BRAIN) Monday May 14 2012 11:40 AM MT—Trade show producer Interbike has hired Justin Gottlieb as director of communications and public relations, effective this Wednesday.

GRENCHEN, Switzerland (BRAIN) Monday May 14 2012 11:14 AM MT—Construction is under way on Velodrome Suisse, a CHF 15 million ($16 million) track, sports hall and training center planned next door to BMC’s Swiss headquarters in Grenchen.

OAKLAND, CA (BRAIN) Monday May 14 2012 8:29 AM MT—German component maker Syntace has added two new U.S. distributors; its U.S. agent also is now importing frames from Liteville, a mountain bike brand owned by Syntace.

Tagged Distributor news

Bikes Belong hires new marketing manager • Scott apologizes for shortage of popular models • Dahon tightens pricing policy

ALCOBENDAS, Spain (BRAIN) Monday May 14 2012 1:53 AM MT—Spanish brand BH opened the doors to its first-ever concept store last week in the Rio Norte Business Park in Alcobendas just north of Madrid.

Trek names new marketing personnel • Bianchi plans presence at Tour of California • Atlantic City trade shows join forces

MONTREAL, Quebec (BRAIN) Friday May 11 2012 10:16 AM MT—Dorel Industries’ bike division posted its best quarter ever in the first three months of 2012 as IBD sales increased in the U.S., Europe and Japan, the company said in an earnings press release issued Friday.

Tagged Earnings/Financial Reports

FAIRFAX, CA (BRAIN) Friday May 11 2012 10:00 AM MT—Ben Capron, a former marketing director at Specialized Bicycle, is the new CEO of Osmo Nutrition, a sports nutrition company offering specific drink formulas for hydration, nutrition and recovery.

Bike festival to honor late retailer Hughes • People for Bikes hits milestone • 130 events planned for CycloFemme

SANTA FE, NM (BRAIN) Thursday May 10 2012 11:57 AM MT—Bicycle Technologies International and SmartEtailing are launching BTI Sync, which combines BTI's catalog with SmartEtailing's product library, allowing subscribing dealers to display the results in their websites.

Tagged Distributor news

What slump? Ski show sells out • Gates Carbon Drive sponsors mountain bike team • Tern sponsors London folding bike race • QBP's outdoor division offers Gibbon slackline product

As middle-class incomes rise and consumerism abounds, Western brands feel out future opportunity in the fast-changing country.

By Nicole Formosa

Tagged From the Magazine

WASHINGTON, DC (BRAIN) Thursday May 10 2012 9:59 AM MT—Through March this year suppliers imported 312,306 more bikes compared with the same period last year, with kids' bikes categories making big gains, according to figures from the U.S. Commerce Department.

SARATOGA SPRINGS, NY (BRAIN) Wednesday May 9 2012 5:59 PM MT—Serotta has entered into a partnership agreement with financial services firm Bradway Capital to accelerate the handcrafted bike manufacturer’s research, design and production.

Tagged Mergers, Acquisitions & Investments

WATSONVILLE, CA (BRAIN)—Fox’s first-quarter sales totaled $45.7 million, up 6.5 percent from $42.9 million in the same quarter last year.

Tagged Earnings/Financial Reports

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