Industry News

VENTURA, Calif. (BRAIN) — Patagonia will close its stores and its headquarters and other facilities on Election Day, Nov. 8, to encourage employees and customers to vote. 

The closure is part of the company's Vote Our Planet initiative.

PHILADELPHIA (BRAIN) — The Philly Bike Expo, which started seven years ago in Philadelphia's Armory building with 68 exhibitors, will have at least 153 booths this year, a 9 percent increase over its previous record. The event is now held at the Pennsylvania Convention Center.

Tagged Consumer Expos and Rides
What U.S. shoppers see when they search for SRAM on ChainReaction.com.

COLORADO SPRINGS, Colo. (BRAIN) — U.S. visitors to European-based e-commerce sites like Wiggle and Chain Reaction have seen something new when they searched for SRAM products in recent months: nothing.

Tagged MAP / Web/Internet

POOLE, United Kingdom (BRAIN) — Muc-Off is claiming its sales grew 32 percent in the last year, on the strength of an expanded product line, international sales growth and sponsorship of major pro cyclists including Team Sky, British Cycling and Trek Factory Racing.

Germany's show is asking exhibitors to vote on the length of its 2018 event.

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike show are asking its exhibitors to vote on the length of its 2018 event. The show will be held in July for the first time that year, moving up from its traditional timing in mid- to late-August.

OLATHE, Kan. (BRAIN) — Garmin Ltd.'s third quarter results beat Wall Street expectations, with revenue of $722 million for the period, 6 percent over the same period last year.

OSAKA, Japan (BRAIN) — Shimano pointed to weak sales in Southeast Asia, Japan, China and South America as contributors to another steep decline in bike product sales. The company’s sales through the first nine months of this year were down 18.8 percent according to figures released this week.

Tagged Earnings/Financial Reports
Three-year agreement includes apparel, helmets and eyewear.

PARK CITY, Utah (BRAIN) — POC will become the apparel sponsor for the Cannondale-Drapac Pro Cycling Team next year. The brand has been the team's eyewear and helmet sponsor since 2004.

Tagged Racing & Sponsorship

HUNTINGTON BEACH, Calif. (BRAIN)—Two men long known among Southern California fans of custom beach cruisers have joined forces to launch B&H Retired Cycles and will offer dealers a line they call HB Cruisers.

BOULDER, Colo. (BRAIN) — Stages Cycling has hired Dan Knisely as sales director for the Americas. Knisely will start with Stages Cycling in the beginning of November and will be replacing Will Grossman, who has been promoted and will transfer to Stage's indoor and commercial cycling business.

RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS Bicycles, the exclusive United States distributor of Bryton GPS cycling computers, has just launched an employee purchase program for all U.S. bicycle industry employees.

MADISON, Wis. (BRAIN) — Saris Cycling Group is expanding its portfolio of bicycle infrastructure products with the acquisition of Bike Fixtation.

Tagged Mergers & Acquisitions

SANTA FE, N.M. (BRAIN) — Bicycle Technologies International is now distirbuting products from the Canadian-based brand OneUp Components. BTI said it has received its first order of OneUp products in its warehouse.

CHARLOTTE, N.C. (BRAIN) — CycloFest, Interbike’s mixed trade and consumer demo event held at the U.S. National Whitewater Center here, brought together bike enthusiasts, local trail riders and families from all over the Southeast for the event, which wrapped up on Sunday.

Tagged Consumer Expos and Rides / Tradeshows and conferences / Interbike
The BRAIN Dealer Tour will visit eight shops in Charlotte on the first two days.

CHARLOTTE, N.C. (BRAIN) — The Bicycle Retailer crew has landed in the Southeast for our second and final Dealer Tour of 2016.

Tagged BRAIN Dealer Tour / Events

SIMI VALLEY, Calif. (BRAIN) — Haibike has signed a multi-year sponsorship agreement to be the first official e-bike sponsor of the Sea Otter Classic. Haibike will also return in 2017 and 2018 as the official sponsor of the Haibike eMTB Race ePowered by Bosch.

Tagged Electric bike / Consumer Expos and Rides / Sea Otter Classic

CHARLOTTE, North Carolina (BRAIN) — CycloFest seemed a natural draw for retailers in the immediate region who might view the Vegas trade show as a trip too far while their shops are still busy in September. But the event’s 100-plus exhibitors and slate of educational sessions — plus a network of world-class trails — inspired several retailers to trek a half-day or more to the event’s first edition.

Tagged Events / Consumer Expos and Rides / Interbike

CHARLOTTE, North Carolina (BRAIN) — Rebecca Rusch, seven-time world champion and renowned “Queen of Pain,” will ride from CycloFest in Charlotte, North Carolina, to a Red Bull function in Nashville, Tennessee, to raise awareness about bike safety and PeopleForBikes.

Tagged Advocacy/Non-profits

OGDEN, Utah (BRAIN) — The Amer Cycling Group, a division of parent company Amer Sports, has announced changes to advertising, distribution and e-commerce policies for authorized dealers of Enve and Mavic brands.

Tagged MAP

SANTA FE SPRINGS, Calif. (BRAIN) — Bravo Sports Corp. has acquired Nutcase, the Portland, Oregon-based urban helmet brand known for its colorful designs. 

Tagged Mergers & Acquisitions

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