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Posted August 11, 2009

TAICHUNG, Taiwan (BRAIN)—While most manufacturers escaped serious damage as Typhoon Morakot swept over Taiwan last weekend, most companies were forced to halt production for a few days as employees stayed home and electricity was cut.

Posted in International
Posted August 11, 2009

PHILADELPHIA, PA (BRAIN)—Strong sales gains during the first quarter were erased as sales fell by 2 percent through June, and shipments lagged 8 percent, according to the Bicycle Product Suppliers Association (BPSA) June sales report.

Posted in North America Tagged Earnings/Financial Reports
Posted August 11, 2009

PORTLAND, OR (BRAIN)—UK folding bike manufacturer Brompton Bicycle has established a subsidiary in the United States led by industry veteran Ed Rae. He will work from his home office in Portland, Oregon.

Posted in North America
Posted August 11, 2009

SCHILLER PARK, IL (BRAIN)—LeMond Fitness and distributor Life Fitness have settled all outstanding disputes and litigation. Under the terms of the resolution, Life Fitness will continue to sell the RevMaster group exercise bike and provide service and support for customers.

Posted in North America
Posted August 11, 2009

CHICAGO, IL (BRAIN)—SRAM is working with the U.S. Consumer Product Safety Commission to announce a voluntary recall on its 10 speed PowerLock chain connector. SRAM has determined there is a potential for the PowerLock connector link outer plate to fail.

IMPORTANT NOTE:

Posted in Recalls
Posted August 10, 2009

TAIPEI, Taiwan (BRAIN)—Initial reports from Taiwan indicate that the island’s bicycle industry escaped relatively unscathed as Typhoon Morakot swept over the island this weekend.

Posted in North America
Posted August 10, 2009

WESTPORT, CT (BRAIN)—Fox Racing Shox saw a sales decline in the first half of the year as OEM suspension business slowed amid the economic downturn.

Compass Diversified Holdings, parent company of Fox, spoke about Fox’s performance during a conference call with analysts on Monday morning.

Posted in North America Tagged Earnings/Financial Reports
Posted August 10, 2009

TAIPEI, Taiwan (BRAIN)—Sales data for the month of July for three of Taiwan’s largest bicycle manufacturers is a mix of news, according to data from the Taiwan Stock Exchange.

Posted in North America Tagged Earnings/Financial Reports
Posted August 10, 2009

OSAKA, Japan (BRAIN)—Shimano felt the pinch from the global economic recession in the first half of 2009 as a sharp drop in personal consumption led to lackluster sales in both the bicycle components and fishing divisions.

Posted in North America Tagged Earnings/Financial Reports
Posted August 7, 2009

BRAIN is recruiting retailers to sit on our State of Retail panel for the 2009/2010 year. Panelists are asked to weigh in on a range of topics pertaining to their business, the state of the industry, etc. and the responses are printed in each edition of the magazine.

Posted in North America
Posted August 7, 2009

MANCHESTER, NH (BRAIN)—Based on dealer feedback that many are still concerned about their inventory levels, The Bike Cooperative (TBC) has launched an aggressive promotion that will provide members with an opportunity to reduce inventory, increase their average sale, and send emails to their customers, all at no cos

Posted in North America
Posted August 7, 2009

WEST CONSHOHOCKEN, PA (BRAIN)—A Workshop on ASTM Standards on Trial: The Impact of the Absence of Standards on Product Liability Litigation in a Mock Trial (Commotio Cordis in the Courtroom), will be held Tuesday, Nov. 10, 2009, from 1 p.m. to 4:30 p.m.

Posted in North America Tagged Events
Posted August 7, 2009

TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) has awarded grants to four recipients, totaling $17,000.

Posted in North America Tagged Advocacy/Non-profits
Posted August 7, 2009

CRESTED BUTTE, CO (BRAIN)—The 2009 inductees to the Mountain Bike Hall of Fame include Anne-Caroline Chausson (Racing History), Colorado Plateau Mountain Bike Assocation (Advocacy), The Larkspur Canyon Gang (Pioneers) and Dave Garoutte (Pioneers).

Posted in North America Tagged Events
Posted August 6, 2009

"Okay, New Rule: If you need a study to tell you that texting while driving is dangerous, I have three letters for you."

—Bill Maher

Posted in North America
Posted August 6, 2009

BETHEL, CT (BRAIN)—Dorel Industries’ Recreational/Leisure segment has appointed Mario Stein as vice president for Cycling Sports Group (CSG) Asia.

Posted in North America Tagged People
Posted August 6, 2009

HELSINKI, Finland (BRAIN)—Mavic’s sales declined 15 percent in local currencies for the first six 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 August 6, 2009

NORFOLK, VA (BRAIN)—A trademark infringement lawsuit between Conte’s Bike Shop and P&K Ventures, Inc., the operator of eight Conte’s franchises, has settled out of court.

Posted in North America
Posted August 6, 2009

EVANSTON, IL (BRAIN)—Lake Cycling will not have any interruptions through preseason, said Josh Greenberg, managing director of Lake Cycling, in response to questions about whether its majority owner, Veltec Sports, would alter the distribution model for the shoe brand.

Posted in North America
Posted August 5, 2009

BOULDER, CO (BRAIN)—Veltec Sports will no longer be the exclusive distributor of the Sidi shoe brand in the United States, Veltec Sports’ chief executive officer Manfred Krikke told BRAIN yesterday.

Posted in North America

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