Industry News
TAIPEI, Taiwan (BRAIN)—Initial reports from Taiwan indicate that the island’s bicycle industry escaped relatively unscathed as Typhoon Morakot swept over the island this weekend.
WESTPORT, CT (BRAIN)—Fox Racing Shox saw a sales decline in the first half of the year as OEM suspension business slowed amid the economic downturn.
Compass Diversified Holdings, parent company of Fox, spoke about Fox’s performance during a conference call with analysts on Monday morning.
TAIPEI, Taiwan (BRAIN)—Sales data for the month of July for three of Taiwan’s largest bicycle manufacturers is a mix of news, according to data from the Taiwan Stock Exchange.
OSAKA, Japan (BRAIN)—Shimano felt the pinch from the global economic recession in the first half of 2009 as a sharp drop in personal consumption led to lackluster sales in both the bicycle components and fishing divisions.
BRAIN is recruiting retailers to sit on our State of Retail panel for the 2009/2010 year. Panelists are asked to weigh in on a range of topics pertaining to their business, the state of the industry, etc. and the responses are printed in each edition of the magazine.
MANCHESTER, NH (BRAIN)—Based on dealer feedback that many are still concerned about their inventory levels, The Bike Cooperative (TBC) has launched an aggressive promotion that will provide members with an opportunity to reduce inventory, increase their average sale, and send emails to their customers, all at no cos
WEST CONSHOHOCKEN, PA (BRAIN)—A Workshop on ASTM Standards on Trial: The Impact of the Absence of Standards on Product Liability Litigation in a Mock Trial (Commotio Cordis in the Courtroom), will be held Tuesday, Nov. 10, 2009, from 1 p.m. to 4:30 p.m.
TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) has awarded grants to four recipients, totaling $17,000.
CRESTED BUTTE, CO (BRAIN)—The 2009 inductees to the Mountain Bike Hall of Fame include Anne-Caroline Chausson (Racing History), Colorado Plateau Mountain Bike Assocation (Advocacy), The Larkspur Canyon Gang (Pioneers) and Dave Garoutte (Pioneers).
"Okay, New Rule: If you need a study to tell you that texting while driving is dangerous, I have three letters for you."
—Bill Maher
BETHEL, CT (BRAIN)—Dorel Industries’ Recreational/Leisure segment has appointed Mario Stein as vice president for Cycling Sports Group (CSG) Asia.
HELSINKI, Finland (BRAIN)—Mavic’s sales declined 15 percent in local currencies for the first six months of the year, according to earnings report released Thursday by Mavic’s parent company, Amer Sports.
NORFOLK, VA (BRAIN)—A trademark infringement lawsuit between Conte’s Bike Shop and P&K Ventures, Inc., the operator of eight Conte’s franchises, has settled out of court.
EVANSTON, IL (BRAIN)—Lake Cycling will not have any interruptions through preseason, said Josh Greenberg, managing director of Lake Cycling, in response to questions about whether its majority owner, Veltec Sports, would alter the distribution model for the shoe brand.
BOULDER, CO (BRAIN)—Veltec Sports will no longer be the exclusive distributor of the Sidi shoe brand in the United States, Veltec Sports’ chief executive officer Manfred Krikke told BRAIN yesterday.
SAN FRANCISCO, CA (BRAIN)—West Coast GoldSprints Roller Racing has unveiled details of its upcoming Las Vegas event, the Kreitler Cup, to be held on Thursday, September 24, coinciding with Interbike ‘09.
COSTA MESA, CA (BRAIN)—The 2009 NBDA Super Seminar series embraces the NBDA's "Independent Concept" philosophy to empower and assist bicycle retailers in becoming strong and dynamic independent retail brands in their communities.
DENVER, CO (BRAIN)—A new bicycle safety law went into effect yesterday, where drivers have to gives cyclists at least 3 feet of space when passing or risk a $110 ticket, according to the TV news station KMGH Denver.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike will play host to 65 new exhibitors and 1,100 brands for the 2009 Interbike International Expo and Outdoor Demo in Las Vegas the week of September 21-25.
"The bike is who we are; it represents a gigantic part of our life, and Kenny's life especially."
—Pamela Mooney, commenting on her Peet's Coffee and Tea Newport Beach bike wedding. You'll have to read the story to find out more (click on link).
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