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Posted August 6, 2015
UPDATED: Dorel exec responds to question about online sales
NEWBURY PARK, Calif. (BRAIN) — Days after Trek Bicycle announced a plan to sell bikes online, Giant USA told dealers that it is studying a similar "Click and Collect" program in the U.S., but said it has not made a decision about going forward with the plan.
Posted in North America
Posted August 6, 2015
Velo nominates Froome, Wiggins and Sagan for IB Athlete Awards.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced the final round of nominees for the 2015 Interbike Awards for Athlete designations.

Editors from Velo magazine selected the top athlete nominees in six different categories representing the majority of cycling disciplines.

Posted in North America Tagged Awards / Interbike
Posted August 6, 2015
Decline in sales in Europe and North America, and foreign exchange losses impact earnings.

MONTREAL (BRAIN) — Dorel Industries reported that second-quarter revenue for its bike business, Dorel Sports, was down $35.2 million or 12.3 percent compared to the same quarter last year. Revenue totaled $251.1 million compared to last year's $286.2 million for the segment.

Posted in North America Tagged Earnings/Financial Reports
Posted August 6, 2015

VENTURA, Calif. (BRAIN) —New distributor Zeitbike has hired Dennis Ocondi as sales representative for the state of Washington.

Posted in North America
Posted August 6, 2015

IRVINE, Calif. (BRAIN) — Felt Bicycles has announced the addition of four new employees.

Posted in Industry News Tagged People
Posted August 5, 2015
MADISON, Wis. (BRAIN) — In a first for a major U.S. bike brand, Trek Bicycle will begin sales of complete bikes to consumers via its website in late September. Bikes will be shipped to the brand's retailers — not direct to consumers — for assembly, and retailers will receive a service commission on each sale.
Posted in North America
Posted August 5, 2015
Easton and Race Face sales contribute to increase; company raises its fiscal year guidance.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said Wednesday that its sales in the first half of its fiscal year were up 15.8 percent, to $165 million.

Posted in North America Tagged Earnings/Financial Reports
Posted August 5, 2015

CHATTANOOGA, Tenn. (BRAIN) — Lynskey Performance Designs has hired Randy Finnell as the company's new director of sales.

Posted in North America
Posted August 4, 2015
LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer has extended the submission deadlines for new products to be featured in the three editions of the Interbike Show Dailies, distributed at the expo, and for BRAIN’s expanded Interbike show issue (Oct. 1 cover date this year).
Posted in North America Tagged Events / Tradeshows and conferences / Interbike
Posted August 4, 2015
PORTLAND, Ore. (BRAIN) — Smith has hired action sports industry veteran Tim Weisser as West Coast sales manager for sports/outdoor lifestyle and Benny Cruickshank as sports channel communications manager.
Posted in North America Tagged People
Posted August 3, 2015

LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer & Industry News' latest print issue, the Aug. 1 edition, takes the temperature of the industry after the first six months of the year. The verdict: It’s sluggish, say distributors.

Posted in North America Tagged BRAIN News
Posted August 3, 2015

WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has completed the sale of CamelBak Products to Vista Outdoor Inc. for $412.5 million plus an additional $14.1 million of estimated cash and working capital adjustments.

Posted in North America Tagged Mergers/Acquisitions
Posted August 3, 2015

SIMI VALLEY, Calif. (BRAIN) — Accell North America has established a standalone business unit called Haibike USA to handle the sales and marketing of Haibike e-bikes in the United States.

Posted in North America
Posted July 31, 2015
UPDATED

LAFAYETTE, Colo. (BRAIN) — Blue Cycles is transitioning its operations to the West Coast and readying for an introduction of its 2016 line even as its CEO, Steven Harad, is no longer with the company.

Posted in North America
Posted July 31, 2015

BERLIN (BRAIN) — Organizers of the Berliner Fahrradschau show, one of the largest European consumer bike shows, announced that the 2016 edition will be held March 18-20.

The event is being held at the Station-Berlin.

Posted in International Tagged Consumer Expos and Rides
Posted July 31, 2015

DEL MAR, Calif. — Benno Baenziger, co-founder of Electra, is back in the bike industry with a new line called Benno Bikes and is looking for a distributor to handle sales in North America and internationally.

Posted in North America
Posted July 31, 2015

BOLOGNA, Italy (BRAIN) — Andrea Pierantoni, sales and marketing director for Tenneco Marzocchi, is hopeful that a sale of the motorcycle and bike suspension business will keep the Italian brand alive.

Posted in International
Posted July 30, 2015

OLATHE, Kan. (BRAIN) — Garmin shipped 8 percent more units in the second quarter than a year earlier but saw revenue edge slightly lower as unfavorable currency rates reduced revenue by $59 million and negatively affected margins during the period.

Posted in North America Tagged Earnings/Financial Reports
Posted July 30, 2015
Bike-related sales were up nearly 30 percent.
OSAKA, Japan (BRAIN) — Shimano Inc. sales were up nearly 26 percent in the first half this year, to 197 billion yen ($1.6 billion) worldwide. Bike sales were up 29.7 percent. The company said a solid economy in the U.S. contributed to the results, as did the continued depreciation of the yen.
Posted in International Tagged Earnings/Financial Reports
Posted July 30, 2015

BOULDER, Colo. (BRAIN) — CatEye America has signed with Mountainview Sports Group for sales representation in the Southeast states of North Carolina, South Carolina, Georgia, Tennessee, Mississippi and Alabama.

Posted in North America Tagged Sales Reps

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