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Posted February 7, 2014

PITTSBURGH (BRAIN) — Bicycle Times’ founding editor, Karen Brooks, has left the magazine after nearly 10 years with parent company Rotating Mass Media. Her last day was Monday.

Posted in Industry News Tagged People / Media/Publishing
Posted February 7, 2014

VISTA, Calif. (BRAIN) — Following Skip Hess’ sudden departure from Electra last week, sales and marketing vice president Kevin Cox has been promoted to company president effective immediately.

Posted in North America Tagged People
Posted February 7, 2014
However, company forecasts 20 to 25 percent increase for first quarter of 2014.

MONTREAL, Quebec (BRAIN) — Dorel Industries’ earnings for the fourth quarter and all of 2013 in its recreational and leisure segment — which includes Cannondale, GT, Mongoose, Schwinn and Dorel’s mass-market bike brands — will come in lower than a year earlier due to “a poorer product mix” and late order delivery at Cycling Sports Group, the company announced.

Posted in North America Tagged Earnings/Financial Reports
Posted February 7, 2014
BRAIN Dealer Tour Report: Day 3
Fritz's Skate Bike & Surf opened in 1989 to sell and rent Rollerblades.

MIAMI BEACH, Fla. (BRAIN) — On the final day of the BRAIN Dealer Tour, our group rode through downtown Miami — past skyscrapers, the Miami Heat's American Airlines Arena and across the yacht-strewn Venetian Causeway — on our way to South Beach. The area has seen commercial rent prices skyrocket.

Posted in Retail News Tagged BRAIN Dealer Tour
Posted February 6, 2014

BOULDER, Colo. (BRAIN) — The Outdoor Industry Association (OIA) filed an objection with the Consumer Product Safety Commission (CPSC) over its proposed rule change that states once a firm voluntarily agrees to undertake a corrective action plan, the firm is legally bound to fulfill the terms of the agreement. Currently suppliers are under no legal restraints when filing a voluntary recall.

Posted in North America
Posted February 6, 2014

GREENVILLE, S.C. (BRAIN) — Michelin Bicycle has partnered with Team Roger C. Peace Cycling, the only independent team competing on a global para-cycling schedule, as provider of its Pro4 line of race tires and other team support throughout the season.

Posted in North America Tagged Competition
Posted February 6, 2014

MADISON, Wis. (BRAIN) — Carmichael Training Systems and Peaks Coaching Group have selected PowerTap as a preferred power meter, giving athletes access to power equipment and guidance.

Posted in North America
Posted February 6, 2014

OREM, Utah (BRAIN) — Mountain Bike Hall of Famer and 16-year industry veteran Nat Ross has joined Lizard Skins as international sales executive.

Posted in International Tagged People
Posted February 5, 2014
BRAIN Dealer Tour Report: Day 2
The sign is a landmark, but Mack's doesn't sell Schwinns.

SOUTH MIAMI, Fla (BRAIN) — From the sunny parking lot of Mack Cycle & Fitness, Mary Jane Mark points across Sunset Drive, the street where more than a half century ago her father built a store that is now a local landmark.

Posted in Retail News Tagged BRAIN Dealer Tour
Posted February 5, 2014

TUCSON, Ariz. (BRAIN) — Continuing its support of Exceeding Expectations, which encourages at-risk youth in San Bernardino, Calif., to pursue a positive path in life through the sport of triathlon, TriSports.com has donated more than $6,000 in gear in almost-new condition.

Posted in North America Tagged Advocacy/Non-profits
Posted February 5, 2014
Joseph Robinson, 21, was struck by a hit-and-run driver Sunday.

IRVINE, Calif. (BRAIN) — Some 200 to 250 cyclists and Southern California industry representatives turned out early Wednesday for a memorial ride and ceremony to honor Joseph Robinson, a local bike shop employee who was killed by a hit-and-run driver during a morning ride Sunday. He was 21.

Posted in North America Tagged People
Posted February 5, 2014

VEVEY, Switzerland (BRAIN) — The iconic brand PowerBar has a new owner—Post Holdings, the maker of Grape-Nuts, Post Raisin Brand, Honey Bunches of Oats and other foodstuffs.  Nestle SA sold the brand, along with its Australian sport nutrition company, Musashi, to Post. Nestle made the announcement Monday.

Posted in Industry News Tagged Mergers/Acquisitions
Posted February 5, 2014

OSAKA, Japan (BRAIN) — Unfavorable weather in Europe and North America was countered by strong sales in China and a growing service parts business in all markets to drive Shimano’s sales 10 percent higher in 2013 to $2.68 billion (271.037 billion yen).

Posted in International Tagged Earnings/Financial Reports
Posted February 4, 2014

MIAMI (BRAIN) – Rolling from The Mutiny Hotel in Coconut Grove on a balmy 75-degree morning, the BRAIN Dealer Tour immediately got a taste of what cycling in Miami is like.

Posted in Retail News Tagged BRAIN Dealer Tour
Posted February 4, 2014

MIAMI (BRAIN) — J&B Importers has handbuilt wheels since the Miami-based distributor was founded in 1971. In the early days, current vice president  Ben Joannou Jr.

Posted in Product/Tech Tagged BRAIN Dealer Tour
Posted February 4, 2014

WASHINGTON, D.C. (BRAIN) — In cooperation with the U.S. Consumer Product Safety Commission (CPSC) and Health Canada, 3T has announced the recall of 2012 and 2013 Cervélo P5 bicycles fitted with 3T Aduro aerobars.

Posted in Recalls
Posted February 4, 2014

MISSOULA, Mont. (BRAIN) — Adventure Cycling Association is accepting submissions for its new Youth Touring and Leadership Scholarship, with two candidates selected to participate in one of the association’s 2014 education courses. The scholarship covers airfare, bike and gear rentals and course fees.

Posted in Industry News
Posted February 4, 2014

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp.’s sales for the year increased 15 percent, or $36.1 million, to $272 million, and its fourth-quarter sales were also up 15 percent to $65 million, the company said in a preliminary earnings statement.

Posted in Industry News Tagged Earnings/Financial Reports
Posted February 4, 2014

OAKLAND, Calif. (BRAIN) — Hydrapak has brought aboard eight sales agencies as the maker of hydration packs and bottles prepares for an expansion into specialty outdoor and running retail.

Posted in Retail News
Posted February 4, 2014

MIAMI (BRAIN) — Bicycle Retailer & Industry News editors and sponsors roll out Tuesday morning on a three-day tour of bicycle stores in Miami for the first BRAIN Dealer Tour of 2014.

Posted in North America Tagged BRAIN Dealer Tour

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