Industry News

MADISON, Wis. (BRAIN) — Saris Cycling Group is reducing its U.S. distributor count from 10 to six, parting ways with BTI, Downeast, Hans Johnsen Co., and KHS. Saris will continue to be distributed by Giant, Hawley, J&B, Olympic Supply, Trek and QBP.

Tagged Distributor news

CINCINNATI (BRAIN) — Steadyrack, based in Perth, Australia, has formed Steadyrack USA, based here.

FRIEDRICHSHAFEN, Germany (BRAIN) — Steve Bellefeuille, Accell North America's former vice president of purchasing, is taking over a helmet brand best known in the winter sports industry. Bellefeuille has been named president and CEO of Pret, Inc. and has moved to Park City where the company is located.

Tagged People / Eurobike
But the country's e-bike exports are on the rise and average unit price continues to increase.

FRIEDRICHSHAFEN, Germany (BRAIN) — Export figures supplied by Taiwan's Ministry of Finance shared at a press conference organized by the Taiwan External Trade Development Council (TAITRA) on day two of Eurobike paint a rather bleak picture.

Tagged Eurobike
The company behind the Cannondale-Drapac squad said it needs another $7 million to continue next year.

BOULDER, Colo. (BRAIN) — Slipstream Sports, the company that owns and manages the pro road team currently known as Cannondale-Drapac, has launched an Indiegogo crowd-funding campaign in a bid to continue racing in 2018.

Tagged Racing & Sponsorship
The LocLock provides a useful incentive for town planners to design more attractive street furniture and improves the infrastructure for urban cycling. The combination of cement for durability and a surface that reduces the risk of damage to frames is a very good idea. With their bright range of colours, these stands also present an interesting opportunity to include corporate design.

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike received more than 458 applications from brands for this year's Eurobike Awards. A panel of six judges honored 43 winning products, and 11 companies took home Gold Awards during a ceremony held at the Messe Friedrichshafen on Wednesday evening.

Tagged Awards / Eurobike

SCHWEINFURT, Germany (BRAIN) — Marcus Schneider has been appointed SRAM's director of business development for e-MTB and e-mobility. The new role will focus on identifying opportunities in the e-bike market, defining strategic goals, and establishing and developing key customer relationships.

Tagged Eurobike
Photo courtesy of Enve.

HELSINKI, Finland (BRAIN) — Amer Sports has updated its 2020 growth target. Instead of aiming for sales of 3.4 billion euros ($4.2 billion) in that year, the company is now setting a target for "annual mid-single-digit organic, currency-neutral growth."

Tagged Earnings/Financial Reports

SEATTLE (BRAIN) — Greg Shepherd, a long time rep who worked for SBS from 1998 to August 2015, was recently hospitalized after being struck by a car. Shepherd is recovering from spinal cord injuries at the ICU at Harborview Hospital in Seattle, where he’s been since Aug. 21.

FRIEDRICHSHAFEN, Germany (BRAIN) — Riders are generating data on Strava and COBI or riding with smart connected devices like See.Sense and Garmin, but data is collected in many different ways and stored in various locations.

Tagged Eurobike
A panel discussed German sales the day before Eurobike opened.

FRIEDRICHSHAFEN, Germany (BRAIN) — Germany saw cycling-friendly weather sooner than usual in 2017, which helped kick the season off early. But the amicable climate wasn't enough to boost sales.

Tagged Electric bike / Eurobike

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced the winners for the Interbike Innovation Awards. Revamped for 2017, the awards recognize excellence and innovation in product, retail and advocacy.

Tagged Awards / Interbike / Interbike Awards

SCOTTSDALE, Ariz.— U.S. industry veteran Paul Lew has been named CEO of the newly restructured Edco cycling company, now based in Arizona.

QUÉBEC CITY (BRAIN) — Garneau has promoted David Cathcart from director of USA and international sales to now oversee the company's sales & marketing teams as executive leader, of sales and marketing.

WEITERSTADT, Germany — As e-bike manufacturer Riese & Müller celebrates its 25th anniversary this year, the company is on the brink of expanding both its market reach and its production capacity.

PUERTO DE MOGAN, Gran Canaria (BRAIN) — Davide Campagnolo, 36, sticks out in the riding group that heads out of Puerto de Mogan, Gran Canaria.

FRIEDRICHSHAFEN, Germany (BRAIN) — Given the turmoil swirling around new dates and locations for trade shows next year, Eurobike is looking like a beacon of calm — and doing the same old, same old never felt so good. Add to this a healthy European market and continued e-bike product innovation, and it’s not surprising that Eurobike head Stefan Reisinger expects a show a bit larger than last year.

Tagged Eurobike

BREMBATE, Italy (BRAIN) — The German high-end component brand THM, which was acquired by 3T last year, is now distributing to European dealers via its own B2B sales platform.

The company said the system offers retailers enhanced transparency of the order process and quicker fulfillment.

HANOVER, N.H. (BRAIN) —Briko, an Italian brand best known for its ski helmets and eyewear, is now bringing its bike helmets to the U.S. market. The bike products were previously available only in Europe.

IRVINE, Calif. (BRAIN) — Bosch eBike Systems will offer free professional training onsite at Interbike next month. The training can be used to renew mechanic certification, which expires 15 months from the date of the last training.

The Bosch Dealer Certification Clinic covers:

Tagged Electric bike / Interbike

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