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Posted April 28, 2016

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has opened retailer registration for its Fall CycloFest, a trade and consumer festival to be held Oct. 20-23 near Charlotte, North Carolina. The first two days of the event are trade-only.

Posted in North America Tagged Tradeshows and conferences
Posted April 28, 2016

KENT, Wash. (BRAIN) — Raleigh Bicycles has hired Curt Davis as its director of product management, effective May 2.

Posted in North America
Posted April 28, 2016

BOULDER, Colo. (BRAIN) — Supplier sales to U.S. retailers from January through March showed no improvement over the same period a year earlier, in part contributing to a 40 percent jump in supplier inventory levels at the end of March, according to the Bicycle Product Suppliers Association. 

Posted in Studies/Reports
Posted April 27, 2016

WATERTOWN, Mass. (BRAIN) — Seven Cycles says its flexibility — including programs offering retailers co-branded and store-specific designs — has led to sales growth in early 2016.

Posted in North America
Posted April 27, 2016

OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that its first-quarter revenue rose 7 percent and net profit surged 32 percent as the company saw strong double-digit growth in the outdoor and marine segments that helped offset continuing declines in its automotive business.

Posted in North America Tagged Earnings/Financial Reports
Posted April 27, 2016
Oliver will cover Metro New York, New Jersey and Eastern Pennsylvania.

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. has hired cycling industry veteran Larry Oliver as a factory sales representative, covering Marin's territory of metro New York, New Jersey and Eastern Pennsylvania.

Posted in North America Tagged Sales Reps
Posted April 27, 2016

BLOOMINGTON, Minn. (BRAIN) —  QBP has hired Nick Ludwig as its OEM sales manager. Ludwig comes to QBP from SRAM, where he was an OEM account manager for QBP's bike brands, as well as for Trek, Marin and a host of others.

Posted in North America
Posted April 26, 2016
UPDATED

CHICAGO (BRAIN) — SRAM president Stan Day said the company has experienced soft sales over the past 12 months and is tightening its belt while putting focus on new areas of the business. Just what those new areas are, Day said he'd rather not say for strategic reasons.

Posted in International
Posted April 26, 2016
CORRECTS that this was the second quarterly decline in the bike segment.

OSAKA, Japan (BRAIN) — Shimano on Tuesday reported its second consecutive quarterly year-over-year revenue decline in its bike segment, as it announced that net sales were down 20 percent in the first quarter of 2016. The company's operating income also was down, 30.7 percent.

Posted in International
Posted April 26, 2016

FORT WORTH, Texas (BRAIN) — RPM2 is offering its footbed based power meter for $399, making it one of the lowest-priced power meters on the market. The price is available to the 500 customers to buy the meter from the brand's website using a discount code.

Posted in North America
Posted April 26, 2016

PROVIDENCE, R.I. (BRAIN) — G-Form is now working with mountain bike champion Brian Lopes.

Posted in North America Tagged Racing & Sponsorship
Posted April 26, 2016

HEERENVEEN, Netherlands (BRAIN) — Accell Group said it recorded higher turnover and profit in the first quarter of this year compared to last year due to higher demand for higher priced e-bikes and sport bikes.

Posted in North America Tagged Earnings/Financial Reports
Posted April 26, 2016
Updated: Sam's Club says the bikes were sourced from legitimate channels.

WATERLOO, Wis. (BRAIN) — A Trek spokesman said the company was "just as surprised as anybody else" to see its mountain bikes on the Sam's Club website recently. A Sam's Club spokesperson said the bikes were sourced from legitimate channels.

Posted in North America
Posted April 25, 2016

COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has hired Kelly Reyes as the organization's new vice president of membership, a new position that oversees the membership department. 

Posted in North America Tagged People / Racing & Sponsorship
Posted April 25, 2016

AUSTIN, Texas (BRAIN) — The Professional Bicycle Mechanics Association is getting off the ground with its first board of directors, elected during a conference call last week.

The association has named five board executives and confirmed an additional four members-at-large.

Posted in North America
Posted April 25, 2016

SAN FRANCISCO (BRAIN) — Strava is encouraging bike commuters to log their miles on the social app if they ride to work on May 10, which the company is promoting as its Global Bike to Work Day Challenge.

Posted in International
Posted April 25, 2016

SAN JUAN CAPISTRANO, Calif.  (BRAIN) —  Registration is now open for all retailers, distributors and media planning to attend the 2016 Interbike Expo in Las Vegas.

Posted in North America Tagged Interbike
Posted April 25, 2016

SACRAMENTO, Calif. (BRAIN) — The industry has reached its $60,000 fundraising goal to help the California Bicycle Coalition promote its proposal for rebates of up to $1,000 for the purchase of an e-bike, and up to $500 for a conventional transportation bike.

Posted in North America Tagged Electric bike
Posted April 25, 2016

SAN JOSE, Calif. (BRAIN) — Giant Bicycle is working with Bicycle Blue Book, encouraging its dealers to use the company's used bike trade-in program to drive new bike sales.

Posted in North America
Posted April 22, 2016

HELSINKI (BRAIN) — Mavic sales were down 2 percent in the first quarter, according to its parent, Amer Sports, which reported its total sales were up about 10 percent.

Posted in International Tagged Earnings/Financial Reports

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