News

Posted May 7, 2012

EKE, Belgium (BRAIN) Monday May 7 2012 9:29 AM MT—BMC will open its first concept store this month in Eke, a town close to Ghent in the middle of Belgium’s Flemish Ardennes region.

The Swiss company announced its plans on its Facebook page back in February.

Posted in Retail News
Posted May 7, 2012

ALLENTOWN, PA (BRAIN) Monday May 7 2012 8:45 AM MT—Baby Boomer bicyclists may dominate the airwaves and magazine spreads in Flomax advertisements, but the generation no longer dominates the rest of the cycling market, a new study reveals.

Posted in Studies/Reports
Posted May 4, 2012

SRAM offers Chain Watcher for aftermarket • Las Vegas Gran Fondo announces hotel partners • Selle Italia launches TV and Internet ad campaign

Posted in North America
Posted May 4, 2012

Phoenix signs Tyler Faoro for factory team • New Balance continues sponsorship of Garmin-Barracuda team • San Francisco Bike to Work Day gets wiggly video

Posted in North America
Posted May 3, 2012

BLOOMINGTON, MN (BRAIN) Thursday May 3 2012 12:18 PM MT—Steve Flagg and Mary Henrickson have acquired a majority stake in SmartEtailing, developer of websites and software for more than 1,000 U.S. specialty bike dealers.

Posted in North America Tagged Mergers & Acquisitions
Posted May 3, 2012

SAN FRANCISCO, CA (BRAIN) Thursday May 3 2012 11:43 AM MT—Rapha's only permanent retail location started as a temporary "pop-up" store that the clothing company planned to operate for three months last spring and summer.

Posted in Retail News
Posted May 3, 2012

CHATTANOOGA, TN (BRAIN) Thursday May 3 2012 11:22 AM MT—Chattanooga will host USA Cycling's professional road and time trial championships next year and for two years after, the organization announced here on Thursday.

Posted in North America Tagged Racing & Sponsorship
Posted May 2, 2012

PLUS: Performance Bicycle to award $30,000 in community grants • QBP adds to salesforce in Midwest, Southwest and Florida • Register One Sales Agency to r

Posted in North America
Posted May 2, 2012

OLATHE, KS (BRAIN) Wednesday May 2 2012 11:38 AM MT—Strong demand for its fitness and outdoor GPS products helped Garmin Ltd. post a 10 percent increase in revenue to $557 million for the first quarter ended March 31, exceeding analyst expectations for a third consecutive quarter.

Posted in North America Tagged Earnings/Financial Reports
Posted May 2, 2012

PLUS: Supporters break ground for Cleveland velodrome ... Saris announces bike corral contest ...

Posted in North America Tagged Distributor news
Posted May 2, 2012

NORTH SALT LAKE, UT (BRAIN) Wednesday May 2 2012 9:28 AM MT—Online cycling parts and accessories seller Bikewagon is expanding into brick-and-mortar retailing with a grand opening May 4 and 5 for its new full-service bike shop.

Posted in Retail News
Posted May 2, 2012

BOULDER, CO (BRAIN) Wednesday May 2 2012 9:00 AM MT—Competitor Group Inc. on Wednesday announced new editorial hires for its Velo magazine and VeloNews.com.

Posted in North America Tagged People
Posted May 1, 2012

CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.

Posted in North America Tagged Mergers & Acquisitions
Posted May 1, 2012

WASHINGTON, DC (BRAIN) — Bike advocacy groups are making the most of National Bike Month, which kicked off Tuesday, by lobbying Congress to restore funding for bike projects in the federal transportation bill.

Posted in North America Tagged Advocacy/Non-profits
Posted May 1, 2012

CHICAGO, IL (BRAIN) Tuesday May 1 2012 9:46 AM MT—Crain's Chicago Business is reporting that Chicago's Inspector General has opened an investigation into alleged irregularities in the awarding of a multi-million dollar contract for a bike sharing program.

Posted in North America
Posted May 1, 2012

SAN DIEGO, CA (BRAIN) Tuesday May 1 2012 9:13 AM MT—Tim Jackson is leaving his position as marketing manager for Pivot and BH Bikes, effective Tuesday.

Posted in North America Tagged People
Posted May 1, 2012

OAKVILLE, Ontario (BRAIN) Tuesday May 1 2012 8:56 AM MT—Continuing a growth streak, Canadian retailer Gears recently held a grand opening for its third location.

Posted in Retail News
Posted April 30, 2012

NEW YORK, NY (BRAIN) Monday April 30 2012 6:13 PM MT—Bike Expo New York will bring in about 90 exhibitors in this Thursday through Saturday in advance of the city’s popular TD Five Boro Bike Tour.

Posted in North America Tagged Consumer Expos and Rides
Posted April 30, 2012

BRUSSELS, Belgium (BRAIN) Monday April 30 2012 2:45 PM MT—The European Commission has launched an investigation to determine whether the EU bicycle market is being threatened by lower cost Chinese products imported from government-subsidized manufacturers.

Posted in International
Posted April 30, 2012

OSAKA, Japan(BRAIN) Monday April 30 2012 2:07 PM MT—A warm winter in Europe and North America pushed Shimano’s bicycle component sales to $619.7 million ($49.808 billion Yen) over the first quarter, up from $507.5 million ($40.792 billion Yen) last year, a 22 percent increase.

Posted in North America Tagged Earnings/Financial Reports

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