BY MATT WIEBE
The recession hit consumer spending last year harder than anyone anticipated, especially car makers GM, Ford and Chrysler. But the big economic hit arrived in October, well after the bike season wound down, so the industry dodged the bullet.
CENTRAL ISLIP, NY (BRAIN)—A federal bankruptcy judge said on Thursday that he would approve a bid procedure for the auction of Iron Horse Bicycle Company on June 8, after granting the case “super priority” under the advice of a U.S. Bankruptcy Trustee.
"I am relieved that no one was hurt, but this incident reinforces the need for us to make London's roads safer for cyclists, which I am determined to do and to make London the best city for cyclists in Europe.
TAICHUNG, Taiwan (BRAIN)—OEMs who plan to participate in Taichung Bike Week should contact organizers as soon as possible to reserve space.
MINNEAPOLIS, MN (BRAIN)—Bicycle Retailer & Industry News editors will drop in on retailers in Minnapolis-St. Paul next week to find out how they are faring this season as part of the magazine’s Twin Cities Dealer Tour.
MONTREAL, Quebec (BRAIN)—Dorel Industries executives reiterated their goal of becoming a global leader in the bicycle industry while speaking to shareholders during the company’s annual general meeting on Wednesday morning.
This past Wednesday in celebration of Bike Month, the Bicycle Coalition of Greater Philadelphia hosted the Fifth Annual Commuter Race. The race was between a bicyclist, a car driver and a transit rider. Surprise, surprise (OK, no surprise ), Fuji president Pat Cunnane won. This is the fourth year in a row he won.
VICTORIA, British Columbia (BRAIN)—Schwalbe is issuing a notice on some of its Ultremo R tires due to bulging. Due to a mistake in the manufacturing process, the affected tires' carcass layer haven't been sufficiently rubberized.
BOULDER, CO (BRAIN)—Bruno Maier will join the Bikes Belong staff on June 1 as the organization's full-time membership and development director.
OSAKA, Japan (BRAIN)—Shimano, whose overall sales fell 19 percent during the first quarter, reports that its bike business—78 percent of its total sales—fell 18 percent to $373 million (JPY 35.3 billion) from $456 million (JPY 43.3 billion) last year.
PHILADELPHIA, PA (BRAIN)—More American customers turned to European style hybrid bikes than ever before, driving Bicycle Product Supplier Association unit shipments up 2 percent, and sales up 4 percent over the first quarter.
TAICHUNG, Taiwan (BRAIN)—The 14th International Bicycle Design Competition is inviting entries.
The schedule and rules can be found at www.ibdcaward.org (click on link). You can register on this web page from May 1 - August 10.
BLOOMINGTON, MN (BRAIN)—Last fall, Civia unveiled its Greenlight web application.
VANCOUVER, British Columbia (BRAIN)—Axiom Performance Gear has launched a new Web site.
MOUNT PROSPECT, IL (BRAIN)—Sales of recreational transport equipment (bicycles, pleasure boats and motors, recreational vehicles and snowmobiles) declined to $27 billion in 2008, a 29 percent drop.
BRAIN classified sales rep Stacey Smith recently visited some of her extended family in Europe. She took some pictures in Amsterdam, where people obviously take their bicycle commuting seriously. They also take something else very seriously, but we'll just leave that up to your imagination.
"And, so I say to you as you embark on your adult life, take a moment to look back and honor your parents. Because they're the ones who paid for your education. They're the ones who stood by you the whole time. And they're the ones who you'll be moving back in with in the fall."
RIVERVIEW, FL (BRAIN)—Just Ride Bicycles in Riverview, Florida, the newest bicycle store in the Tampa Bay area, is inviting all bicyclists for its grand opening event on June 4.
LINCOLN, NE (BRAIN)—Tomac Bikes bolstered its U.S. sales force with the addition of industry veteran and pro mountain and road racer Rich Weis.