SAN DIEGO, CA (BRAIN)—Less than six months after announcing its formation, new triathlon industry trade group Triathlon America pulled in more than 200 people to its inaugural conference this week in San Diego.
Global Competition Heats Up
By Jason Norman
Exchange rates that have closed the gap between Asian currencies and the dollar and a growing gray market for bike parts globally have combined to exacerbate a battle that has long existed between brick-and-mortar bike shops and online retailers.
By Matt Wiebe
WATERLOO, WI—Material and manufacturing costs are up and the dollar’s down dealing a double whammy to bike suppliers. Unable to absorb the costs any longer, most say they are raising bike prices 3 to 5 percent, on average.
By Megan Tompkins
BOULDER, CO—Jeff Bailey has seen sales decline yearly since 2006. So when he closed the year up, on the heels of a whopping 33 percent jump in December, he was ecstatic.
GREENVILLE, SC (BRAIN)—Hincapie Sportswear (Hincapie) has hired Elizabeth Giaquinto as a sales representative in New York and New Jersey.
TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) is reporting that bicycle sales by independent bicycle dealers (IBDs) have surpassed a quarter of a billion dollars at retail value.
SAN DIEGO, CA (BRAIN)—Bicycle Retailer & Industry News editors and sponsors are rolling out this morning to begin a three-day bike tour of San Diego shops.
Go over to our Facebook page (click on above link) to tell us what you think of our new BRAIN jersey that will be worn by our editorial staff on the San Diego Dealer Tour, which starts today.
AUSTIN, TX (BRAIN)—Don Walker’s latest North American Handmade Bicycle Show (NAHBS) was a huge success. Not only did exhibitors grow 28 percent to 174 this year, but also attendance eclipsed the 2008 Portland show with 7,316 people paying to get into Austin.
PILSEN, Czech Republic (BRAIN)—Former WTB Europe president Katerina Rejchrtova confirmed on Friday that she is in the process of leaving the company.
MONTEREY, CA (BRAIN)—James Oberstar, the former Minnesota Congressman who successfully worked for 30 years to dramatically increase federal support for bicycling, will be a key panelist at the 2011 Bicycle Leadership Conference.
FRYEBURG, ME (BRAIN)—Downeast Bicycle Specialists Open House has been expanded to cover two days this year, with the first day being dedicated to vendor presentations and the second day following the traditional open house format. It takes place March 5 - 6.
SAN JOSE, CA (BRAIN)—A new company, Slidepad Technologies, is launching a single-lever brake system. SOAR Communications is helping introduce the company to the industry.
HEERENVEEN, The Netherlands (BRAIN)—Accell Group’s revenue rose just 1 percent in 2010 as poor weather conditions and unfavorable exchange rates hampered fourth quarter sales.
Still, the company posted an 11 percent rise in net profit due to tax benefits and lower interest charges.
VAN NUYS, CA (BRAIN)—Strong sales of Easton cycling components and wheels drove a sales increase of 6.4 percent in Easton Bell Sports’ action sports segment during the final quarter of 2010, according to the company’s year-end financial results released on Thursday.
ST. PAUL, MN (BRAIN)—Park Tool Company has been chosen as Quality Bicycle Products' (QBP) Vendor of the Year for 2010. The award presentation was made during QBP’s Frostbike open house.
LOS ANGELES, CA (BRAIN)—She Pedals magazine, a quarterly women’s journal focused on female cyclists, is expanding its coverage into running and swimming and increasing its publishing frequency to six issues per year.
Among the staff at many bike shops is the shop dog who, tail wagging, greets customers at the door. To recognize these star employees, we've created the BRAIN Shop Dog of the Year Contest. Share your favorite ‘shop dog’ story and post a snapshot of your ‘shop dog’ or ‘office dog’ on our Facebook page by March 31.
CLOPPENBURG, Germany (BRAIN)—Derby Cycle Werke reported a 30 percent increase in revenue for the first quarter of the fiscal year in its first financial report since going public on the Frankfurt Stock Exchange earlier this month.
NEW DEHLI, India (BRAIN)—Hit hard by rising input costs, bike manufacturers in Ludhiana, India, which accounts for over 90 percent of country's bicycle and bicycle parts output, have demanded setting up of a regulator to monitor steel prices, according to India's Business Standard.