BY NICOLE FORMOSA
BY JASON NORMAN
CHICAGO, IL—Doing more with less. That was the strategy of several bike companies, many of which trimmed workers the past two years as they cut costs to align with a decline in sales.
WASHINGTON, D.C. (BRAIN)—BRAIN editors and sponsors expect to brave a couple of showers and possible thunderstorms today when they set out by bike to learn how retailers in the nation’s capital have fared this season as part of the magazine’s latest Dealer Tour.
WHISTLER, British Columbia (BRAIN)—Kokanee Crankworx, in its seventh year, is Whistler's largest summer festival—and for mountain bikers of all ages and competitive backgrounds event registration is now officially open.
JEFFERSON CITY, MO (BRAIN)—Organizers of the Tour of Missouri have canceled this summer's bicycle race after state tourism officials declined to help fund it, according to The Associated Press.
WASHINGTON, D.C. (BRAIN))—Frame and fork exporters, who ended February 67 percent above the year before, really picked up sales over the first quarter. By the end of March they had almost doubled their shipments over 2009, shipping 316,481 kilos of frames and forks, an increase of 155,890 kilos so far this year.
BRAIN wishes you and yours a happy Memorial Day. Regular news coverage will resume tomorrow.
MONTREAL, Quebec (BRAIN)—Dorel Industries’ CEO Martin Schwartz told company shareholders on Thursday that he expected momentum in the bike business to continue into 2010 buoyed by innovative new products and rebounding consumer confidence.
WASHINGTON, D.C. (BRAIN)—U.S. Secretary of Transportation Ray LaHood will greet bicycle riders today outside U.S. DOT headquarters to accept a thank you letter signed by over 275 organizations nationwide for the Secretary’s leadership on bicycle and pedestrian issues.
PHILADELPHIA, PA (BRAIN)—Riding a Breezer Finesse commuter bike, Patrick Cunnane, president of Advanced Sports, Inc., won the annual Bike versus Car versus Transit race held Wednesday in Philadelphia, beating the competition by nearly six minutes.
LEOMINSTER, MA (BRAIN)—Northern California-based The Hive, known for its cranksets and hubs, has bought E.Thirteen, which was owned by suspension guru Dave Weagle. The Massachusetts-based company is best known for its chain retention systems.
BETHESDA, MD (BRAIN)—The Consumer Product Safety Commission pushed back the deadline for third party testing of kids bikes this week, granting the industry a stay of enforcement for the third time since the new law passed almost two years ago.
KENT, WA (BRAIN)—Seattle Bike Supply (SBS) will now distribute Answer Products.
SACRAMENTO, CA (BRAIN)-California state legislators are proposing $4.9 billion in new tax hikes, including requiring online retailers to report their California sales to state tax authorities monthly.
SANTA MONICA, CA (BRAIN)—Close to 100 people met super-sprinter Mark Cavendish, while getting signed copies of his new book, “Boy Racer: My Journey to Tour de France Record-Breaker” at Helen’s Cycles in Santa Monica on Monday night.
GARDEN GROVE, CA (BRAIN)—Cervélo opened its Southern California R & D facility to a small group of journalists and retailers on Monday afternoon timed with the launch of its limited production R5ca road frame, the California team’s first release.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike has opened online registration to retail attendees of the Interbike International Expo 2010, September 22-24, preceded by OutDoor Demo on September 20 and 21.
NORTH ATTLEBORO, MA (BRAIN)—Topeak has hired Eddie O'Dea as its U.S. in-market representative.
"I'm doing it now because, well, look, with the benefit of hindsight and a somewhat different perspective, I made some misjudgments. And of course, I can sit here and say all day long, if I could do it again I'd do something different, but I just don't have that choice.