News

Posted February 15, 2017

CHARLOTTE, N.C. (BRAIN) — Sandy Nicholls will be leaving the Gita Sporting Goods offices in Charlotte for one last time Feb. 24 after 39 years working for the distributor/importer of Italian cycling goods. 

Posted in North America
Posted February 15, 2017
SRAM's I-Motion 3 disc brake hub.

CHICAGO (BRAIN) — SRAM is stopping production of its internal gear hubs and related parts due to declining sales, the company told customers this week. SRAM will accept orders for the parts until March 3 but will review each order to see if it can be fulfilled with available inventory and production capacity.

Posted in International
Posted February 15, 2017

ESTAVAYER-le-LAC, Switzerland (BRAIN) — The Professional Cyclists Association is asking that the UCI honor its requests for changes to its disc brake testing in the pro road peloton. 

Posted in Product/Tech
Posted February 15, 2017

AURORA, Ontario (BRAIN) — BionX International has appointed Scott Macwilliam as its director of global sales and marketing.

Posted in North America Tagged Electric bike / People
Posted February 15, 2017
Historic Coates Cyclery opened in 1934 in Pomona, California.

POMONA, Calif. (BRAIN) — Coates Cyclery, one of Southern California's oldest bike shops, will close its doors by the end of February.

Posted in Retail News
Posted February 14, 2017

PORT WASHINGTON, N.Y. (BRAIN) — The NPD Group has announced a partnership with the Outdoor Industry Association that will result in OIA members having access to top-level outdoor industry report covering sales of outdoor equipment, equipment accessories, apparel, and footwear.

Posted in North America
Posted February 14, 2017

BOULDER, Colo. (BRAIN) — PeopleForBikes is soliciting public opinions via a web survey to help identify bike friendly communities for its new PlacesForBikes program. The survey results will be combined with data from cities to produce the ranking.

Posted in North America Tagged Advocacy/Non-profits
Posted February 14, 2017

MANCHESTER, N.H. (BRAIN) — Headband manufacturer Halo has joined The Bike Cooperative as the retailer co-op's newest supplier partner. Effective immediately, member retailers of The Bike Cooperative will earn rebates on purchases of all Halo Headband products, both direct and through distributors.

Posted in North America
Posted February 14, 2017

BLOOMINGTON, Minn. (BRAIN) — Garneau Custom clothing is now available through Quality Bicycle Products, for retailers looking for custom shop or team apparel.

Posted in North America
Posted February 14, 2017
Company announces impairment charges for Pearl Izumi USA. Forecasts less than percent growth in bike-related business in 2017.

OSAKA, Japan (BRAIN) — Shimano's worldwide bicycle-related sales slumped 17.4 percent in the company's fiscal 2016 to 259,455 million yen ($2.27 billion), while operating income in that segment declined 27.5 percent, the company announced Tuesday.

Posted in International Tagged Earnings/Financial Reports
Posted February 14, 2017

LUGANO, Switzerland (BRAIN) — Effetto Mariposa Sagl has established a new minimum advertised pricing policy that will take effect March 1. The policy sets the MAP at the manufacturer's suggested retail price.

Posted in North America
Posted February 13, 2017

WASHINGTON, D.C. (BRAIN) — The League of American Bicyclists board has appointed longtime staff member Bill Nesper as interim executive director following the departure of Alex Doty as executive.

Posted in North America
Posted February 13, 2017

CORTEZ, Colo. (BRAIN) — Decades after retiring from professional road cycling, Inga Thompson is returning to the sport to work on women's advocacy and other projects.

Posted in North America
Posted February 13, 2017

BLOOMINGTON, Minn. (BRAIN) — At this weekend's Frostbike dealer event at QBP, Ritchey Design is auctiong a P29 Ritchey frame that was welded by Tom Ritchey himself. The auction's proceeds will go to the National Interscholastic Cycling Association.

Posted in North America
Posted February 13, 2017

ANNAPOLIS, Md. (BRAIN) — Two longtime employees have bought Velo Orange from the brand's founder, Chris Kulczycki.

Igor Shteynbuk and Adrian Nelson purchased all of the assets of Velo Orange and its associated brands, Grand Cru Components and Dajia Cycleworks.

Posted in North America
Posted February 13, 2017

PHILADELPHIA (BRAIN) — Advanced Sports Enterprises, the owner of ASI and Performance Bicycle, is realigning key staff in its product development department.

Posted in North America
Posted February 9, 2017
The changes include transitions for a father-daughter pair.

NEWBURY PARK, Calif. (BRAIN) — Giant USA has announced a promotion to its sales department, a transition to its quality assurance department, and the hiring of two new demo tour contractors.

Two of the transitions involve the father-daughter pair of Melissa Maresca and James Maresca.

Posted in North America Tagged People
Posted February 9, 2017
The owner of Bell, Giro and CamelBak sees a drop in organic sales and profits, and a huge write-down last month caused a net loss for the quarter.

FARMINGTON, Utah (BRAIN) — Vista Outdoor Inc. sales hit $654 million in its fiscal quarter than ended Jan. 1, a 10 percent increase. The growth included sales from new acquisitions made last year; when those new sales are removed, the company saw a 5 percent decrease in sales.

Posted in North America
Posted February 9, 2017
Enve and Mavic sales top $160 million for the year.

HELSINKI (BRAIN) — Amer Sports' cycling sales, through its Mavic and Enve brands, were up 8 percent last year, to 150.2 million euros ($160 million), up from 138.5 million the prior year.

Posted in North America Tagged Earnings/Financial Reports

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