For a list of the photo winners, click on link.
FSA and Gravity will continue using Ciclo Promo Components, while Saim will continue Italian distribution of Vision products.
LAKE FOREST, CA—Soon the last vestiges of GT’s Southern California heritage and existence will be gone, packed in boxes and headed for Bethel, Connecticut—headquarters of Dorel’s Cycling Sports Group.
Bicycle riding rebounded to levels not seen since the late 1990s last year as more people in the United States turned to two wheels for recreation and transportation, according to research from the National Sporting Goods Association and the Outdoor Foundation.
The recession hit consumer spending last year harder than anyone anticipated, especially car makers GM, Ford and Chrysler. But the big economic hit arrived in October, well after the bike season wound down, so the industry dodged the bullet.
OSAKA, Japan (BRAIN) — Shimano, whose overall sales fell 19 percent during the first quarter, reports that its bike business—78 percent of its total sales—fell 18 percent to $373 million (JPY 35.3 billion) from $456 million (JPY 43.3 billion) last year.