BETHEL, CT (BRAIN)—Cannondale Sports Group (CSG) has restructured its executive team to facilitate its financial and production operations, as well as streamline and accelerate its sales and marketing efforts around the world.
ORANGE, CA (BRAIN)—Switchback Cyclery will shutter its doors next month, after falling victim to tough economic conditions, smaller margins and increased competition from the Internet.
NEWPORT BEACH, CA (BRAIN)—More than $20,000 was raised recently for the SoCal Interscholastic Cycling League by dinner attendees and silent auction bidders.
SALT LAKE CITY, UT (BRAIN)—3point5.com recently surpassed 100,000 registered users, a significant milestone showcasing the robust growth of the online retail training leader.
COSTA MESA, CA (BRAIN)—To support industry efforts for future federal funding of bicycling projects in America, the NBDA will once again award scholarships to member dealers who attend the 2009 National Bike Summit, March 10 - 12 in Washington, D.C.
The newest member of the BRAIN kitchen featuring 1200 watts of pure power (no, not Robert Roman) is the Euro-Pro toaster oven. Now visitors who visit BRAIN will get toasted bagels in just minutes with lamb chops taking considerably longer at 30-40 minutes.
REDWOOD CITY, CA—When Washington Mutual Bank began to waver this fall amid the national financial crisis, Mike Jacoubowsky started to worry.
BY MATT WIEBE
FORT COLLINS, CO—Tom Petrie was ready to raise prices on his European product line in January, but then economic turmoil struck and the dollar’s value went up while the euro’s value declined. Petrie is still planning to post revised prices in January, but they may be lower.
BY MATT WIEBE
TAICHUNG, Taiwan (BRAIN)—The December mini-shows in Taichung are expected to attract more product managers than ever before, organizers say.
LOS ANGELES, CA (BRAIN)—Sport Chalet’s sales decreased to $96.5 million during its second fiscal quarter ending September 28. This sales figure includes seven new stores the company opened compared to its second quarter last year.
PITTSBURGH, PA (BRAIN)—Dick’s Sporting Goods reports that its overall sales were $924.2 million, up 10 percent from its 2007 sales of $838.8 in the third quarter ending November 1.
MORGAN HILL, CA (BRAIN)—The current batch of counterfeit Specialized Tarmac framesets circulating the Internet isn’t the first time Specialized has dealt with sales of fake products, but it is the brashest case the supplier has seen, according to Mark Schroeder, director of engineering for Specialized.
Niece Leslie and son Miles hope everyone had a wonderful Thanksgiving Holiday. —JN
BOULDER, CO (BRAIN)—The majority of the nation’s national parks have historically been off limits to mountain bikers, but that could change if the National Park Service grants a rule change easing the administrative process for opening trails to bicyclists.
Happy Turkey Day!
The BRAIN staff wishes you and your family a happy and safe Thanksgiving holiday.
VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel hired Hartford Sales Group, Pursuit Brand Equity Group and Holly Wiesman this week to represent the company.
BELLINGHAM, WA (BRAIN)—The Hawley Company will begin distributing Softride bike racks and towing products after the first of the year.
Softride has traditionally sold direct to dealers, however with the increasing freight charges, smaller orders weren’t cost effective for dealers to purchase.
BETHEL, CT (BRAIN)—Topolino Technology is adding a new distribution channel for its Carbon Core wheels.
New York’s Security Bicycle Accessories will distribute Topolino Technology’s carbon/Kevlar spoked wheels.