BY MATT WIEBE
PHILADELPHIA, PA—As bike suppliers closed their books on 2009, over supply of inventory seemed to be following them into the new decade.
BY JASON NORMAN
VISTA, CA—When Electra Bicycle Company introduced its iPhone application in late January, many in the industry might not have even noticed.
BOULDER, CO (BRAIN)—Consumers are now able to shop online for all of the cycling brands in the Veltec Sports family. Veltec has partnered with Shopatron to sell Descente, Shebeest, Lake, Prologo, Enervit and Vredestein from each brands’ Web site.
TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) reports its supplier members picked up $21 million* in sales last year as shipments to dealers fell 8 percent but sales grew 14 percent to $171 million.
DENVER, CO (BRAIN)—As of March 1, non-Colorado based retailers selling to Colorado customers must keep records on how much sales tax those Coloradans owe the state.
ALEXANDRIA, VA (BRAIN)—The phone was ringing off the hook on Friday at Bicycle Pro Shop in Alexandria, Virginia, and Eric Westerman, manager of the two-year-old shop, didn’t expect it to relent heading into the weekend. Customers are booking appointments for tune-ups.
WASHINGTON, D.C. (BRAIN)—Armed with talking points and brightly colored bike lapel pins, more than 700 leaders of the bicycling industry and advocacy movement took Capitol Hill by storm yesterday.
LAKELAND, FL (BRAIN)—The Trek Bicycle Store in Lakeland, Florida, has shuttered after seven years in operation. The shop was the first retailer-owned Trek Concept Store to open back in November 2002, shortly after the Wisconsin-based bike manufacturer introduced its concept store model.
NEWBURY PARK, CA (BRAIN)—Industry veterans Russ Okawa and Bruce Schofield were among five Giant USA employees laid off last week as part of a company restructuring.
SANTA CLARITA, CA (BRAIN)—Corsair Bikes have new owners as Mike Flaherty and Froggy Khu of Atomlab, along with Pablo Tafoya—the designer of Corsair frames—have purchased the company from original founder and industry veteran Doug Stuart.
LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News is looking for Sea Otter submissions for its Show Guide that will be handed out at the show.
All news submissions should be sent to managing editor Lynette Carpiet at email@example.com.
WASHINGTON, D.C. (BRAIN)—Google’s announcement at the opening plenary session at the National Bike Summit yesterday that it is adding biking directions to Google Maps was met with resounding applause.
WASHINGTON, D.C. (BRAIN)—The clanging of a cowbell sounded continually last night, each time signifying the entrance of a U.S. senator or representative to the Bikes PAC fundraiser.
Cannondale marketing guy Bill Rudell and new global director of marketing Frank Hwang stopped into the office on Tuesday and showed us this two-of-a-kind Cannondale X outfitted with Di2.
BETHEL, CT (BRAIN)—Topolino Technology expects first quarter sales to more than double last year's results.
MONTREAL, Quebec (BRAIN)—Dorel Industries’ bike business grew by 11.3 percent in the fourth quarter of 2009, propelling the segment to a year-end sales increase of almost 4 percent.
Revenue increased to $175.6 million in the fourth quarter of 2009 compared with $157.8 for the same period in 2008.
WASHINGTON, D.C. (BRAIN)—Columbia, Missouri may not be top of mind when it comes to bike-friendly cities. But Columbia’s fifth-term mayor Darwin Hindman, who championed the city’s Katy Trail, is putting this Midwestern city on the cycling map.
VANCOUVER, WA (BRAIN)—SR Suntour has formed a new U.S. subsidiary to drive aftermarket growth, tapping longtime U.S. manager Darrell Voss to head up the operation and former FSA president Doug Stuart to oversee sales and marketing in North America.
COSTA MESA, CA (BRAIN)—Space is still available for retailers interested in attending the NBDA's March 15-16 Profitability Project in Atlanta, Georgia.