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Posted October 30, 2009

MILAN, Italy (BRAIN)—Oakley’s parent company reported its best sales period of the year in the third quarter as European markets showed signs of recovery and the troubled North American market began to stabilize.

Posted in North America Tagged Earnings/Financial Reports
Posted October 30, 2009

CHICAGO, IL (BRAIN)—SRAM’S Stan Day said that the global recession has taken a bite out of the company’s business, reflecting a similar fall off in sales as its competitor Shimano.

Posted in North America Tagged Earnings/Financial Reports
Posted October 30, 2009

BY NICOLE FORMOSA

ARLINGTON, VA (BRAIN)—The acquisition of P&K Ventures by newly formed Freshbikes Franchising, LLC signifies the end of a messy divorce between Conte’s Bicycle and Fitness and P&K, franchisor of Conte’s for the past seven years.

Posted in North America
Posted October 30, 2009

BY NICOLE FORMOSA

BETHEL, CT (BRAIN)—As president of Cycling Sports Group North America, Jeff McGuane is steering what seems to be a constantly evolving ship.

Posted in North America
Posted October 30, 2009

LAS VEGAS, NV (BRAIN)—Chris King marketing manager Chris DiStefano barely had settled into his Outdoor Demo booth when he got wind that Cielo’s new 29er with SRAM XX found its way to the online masses.

Posted in North America
Posted October 30, 2009

WASHINGTON, D.C. (BRAIN)—The International Cycling Law Association (ICLA) is launching a free bi-monthly legal webinar series addressing a variety of legal issues of importance to the global cycling industry.

Posted in North America Tagged Events
Posted October 30, 2009

RAMONA, CA (BRAIN)—Ellsworth Handcrafted Bikes has partnered with the Velo Bella women’s cyclocross team for the 2009-2010 season. Ellsworth has provided the team’s elite racers with its redesigned “Roots” cyclocross bikes.

Posted in North America
Posted October 30, 2009

TORONTO, Ontario (BRAIN)—Lorpen has promoted Bruce Barrows to North American sales manager. Barrows will now be responsible for Lorpen's sales across the U.S. and Canada.

Posted in North America Tagged People
Posted October 30, 2009

ZWOLLE, Netherlands (BRAIN)—Henk Schipper has left Ritchey/Syncros in the UK to focus on Fast Forward Wheels.

Posted in North America Tagged People
Posted October 29, 2009

SAN JUAN CAPISTRANO, CA (BRAIN)—Outdoor Retailer has opened online retailer, buyer and designer registration for its Outdoor Retailer Winter Market Expo and All Mountain Demo, scheduled to run January 20-24, 2010.

Posted in North America Tagged Tradeshows and conferences
Posted October 29, 2009

LEVIS, Quebec (BRAIN)—Lambert has terminated its distribution agreement with Race Face.

Posted in North America
Posted October 29, 2009

OSAKA, Japan (BRAIN)—A slow bike market took its toll on Shimano as the company saw its sales tumble to $1.47 billion (134.44 billion Yen) through September, from $1.87 billion (170.6 billion Yen) last year. The company’s income fell to $149.98 million (13.68 billion Yen) from $307.38 million (28.03 billion Yen).

Posted in North America Tagged Earnings/Financial Reports
Posted October 29, 2009

HELSINKI, Finland (BRAIN)—Mavic's net sales declined by 14 percent for the first nine months of the year, according to earnings report released Thursday by Mavic’s parent company, Amer Sports.

Posted in North America Tagged Earnings/Financial Reports
Posted October 28, 2009

VISTA, CA (BRAIN)—Skip Hess is the new co-CEO of Electra Bicycle Company.

Posted in North America Tagged People
Posted October 28, 2009

BOULDER, CO (BRAIN)—Gruppo Bici N.A.'s exclusive distribution agreement with BiciSupport S.r.l. has been terminated. Albabici LLC of Oxnard, California has been awarded the distribution of BiciSupport products by BiciSupport S.r.l.

Posted in North America
Posted October 28, 2009

CHAPEL HILL, NC (BRAIN)—Performance Bicycle is introducing a new line of high-performance carbon components for road bikes under its Forté brand.

Posted in Product/Tech
Posted October 28, 2009

OSAKA, Japan (BRAIN)—Shimano Inc. is slashing its full year profit forecast as U.S. and European consumers cut back purchases on mid- to high-end bicycles and fishing gear, according to Bloomberg News.

Posted in North America Tagged Earnings/Financial Reports
Posted October 28, 2009

COTTAGE GROVE, WI (BRAIN)—Livestrong fitness equipment is now showing up at Dick’s Sporting Goods locations throughout the U.S.

Posted in North America
Posted October 27, 2009

KENT, WA (BRAIN)—Steve Meineke had just gotten off the plane from Hong Kong last Friday when he got a call that Raleigh’s power was out.

Posted in North America
Posted October 27, 2009

CHICAGO, IL (BRAIN)—SRAM has sued Hayes Bicycle Group claiming that the company’s Stroker hydraulic disc brake infringe on one of SRAM’s patents.

Posted in North America

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