WATERLOO, WI (BRAIN) Jan 31, 11:00 MT— Trek Bicycle said Tuesday that it will pull out of the Eurobike trade show this year in lieu of hosting its own retailer-focused Trek World Europe in mid-July in Frankfurt, Germany.
TAIPEI, Taiwan (BRAIN) Jan 20, 17:42 MT — Bikes exported from Taiwan returned to 2009 levels last year, dropping 13.7 percent in units from 2010. But the value of those exports rose 10.7 percent an indicator of the island’s ongoing shift to higher quality, innovative products.
TAIPEI, Taiwan (BRAIN)—Taiwan voters’ re-election of President Ma Ying-jeou for a second and final term over the weekend bodes well for the future success of island bike manufacturers.
WASHINGTON, DC (BRAIN)—Usually by the time November rolls around suppliers have brought in well over 17 million bikes. But overly optimistic imports two years ago, coupled with poor sell-through last year, slowed down the bike business 22 percent from 2010.
TAIPEI, Taiwan (BRAIN)—Taiwan voters go to the polls this weekend to decide a close presidential race that bears implications for cross-strait relations between the island and mainland China.
TAIPEI, Taiwan (BRAIN)—Taiwan’s bike manufacturers reported modest revenue gains in 2011 in the face of rising raw material and labor costs, currency fluctuations and a global economic downturn.
Megan Tompkins sat down with Bonnie Tu, executive vice president and CFO, at the Liv / Giant store in Taipei to talk about what Giant has learned from its first dedicated women’s retail store.
NUNSPEET, Netherlands (BRAIN)—Shimano Europe has hired a new PR and events manger. Rudy Bouwmeester, 29, will take over the role vacated by Harald Troost last September.
By Nicole Formosa
TAICHUNG, Taiwan—Uncertainty over economic stability in Europe has Taiwanese manufacturers in wait-and-see mode as 2012 orders dip from suppliers in its most important export market.
TAIPEI, Taiwan (BRAIN)—China is playing an increasingly important role for Merida as the Taiwan manufacturer reported significant rises in units sold and revenue generated in the country during the first 11 months of the year.
TAICHUNG, Taiwan (BRAIN)—Giant Global has formally launched its bike touring division, called Giant Adventure.
BERN, Switzerland (BRAIN)—The World Federation of the Sporting Goods Industry has hired a bicycle manager to work with the association’s 40 or so bike members.
German native Florian Dammer, 28, formerly of KTM and Lowa, stepped into the position last month.
BEIJING, China (BRAIN)—A new industry show is scheduled next March in Beijing to help a handful of bike brands tap into the emerging high-end Chinese market.
WASHINGTON, DC (BRAIN)—Mass-market suppliers saddled with too much inventory and low expectations for this holiday season cut imports of kids' bikes—sidewalk and 20-inch—by 3.8 million units year to date through October.
MELBOURNE, Australia (BRAIN)—The Australian government is backing the cycling industry’s attempts to lower an import tax threshold that some say is threatening the viability of brick and mortar bike shops.
GENT, Belgium (BRAIN)—The trade group that represents European bicycle dealers won a small victory in its push to relax regulations for electric bicycles.
TAICHUNG, Taiwan (BRAIN)—Taichung Bike Week moves two weeks earlier next year as organizers strive for better balance between American and European spec calendars.
Editor's note: The following article appears in the December issue of Bicycle Retailer & Industry News. To subscribe to the magazine, click on the link at the upper right.
By Nicole Formosa