Industry News
DETROIT (BRAIN) — Bike, watch and leather goods brand Shinola has opened a leather factory in Detroit and is now making watch straps.
The factory will expand to make small leather goods and eventually handbags, the company said.
SCOTTS VALLEY, Calif. (BRAIN) — Most retailers are unfamiliar with the Southern California company C-Preme, but its patent-pending technology that integrates a video camera inside a helmet could add some zest to future helmet sales. That’s the strategic thinking behind BRG Sports’ acquisition Tuesday of the 4-year-old helmet company, Terry Lee, chairman and CEO of BRG Sports, told BRAIN in an interview late Tuesday.
AIGLE, Switzerland (BRAIN) — The UCI is planning a fourth and possibly a fifth "satellite" World Cycling Center, to be built somewhere in Central or South America in the next few years.
OSAKA, Japan (BRAIN) — Shimano’s sales hit $742.2 million (75.7 billion yen) over the first quarter, compared to $620.5 million (63.3 billion yen) over the same period last year. Sales in its bike division hit $598.6 million (61.1 billion yen), an increase of 19 percent.
HUNTINGTON BEACH, Calif. (May 12, 2014) – SDG Components has launched a new website at sdgcomponents.com.
BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association is joining dozens of other U.S. trade associations in urging a quick settlement of talks between the West Coast shipping industry and the Longshore and Warehouse union.
The union's contract expires June 30.
VANCOUVER, Wash. (BRAIN) — The Gravity Cartel, the U.S. sales and service office for Spank Industries and iXS Sports, has launched a dealer B2B site.
HAVERHILL, Mass. (BRAIN) — Mavic Inc. is offering its MP3 product protection plan for $1 now through Sept. 30 on some wheel-tire combos, the company announced.
COLORADO SPRINGS, Colo. (BRAIN) — Crossbikereview.com has added two new contributors to its site.
The first is Joe Pinzone, who is an architect, father and cyclocross expert. Pinzone has already contributed several articles to the site, including a shoe review and an article on kids' cyclocross bikes.
COLORADO SPRINGS, Colo. (BRAIN) — TYR Sport has renewed its Gold-Level Partnership with USA Triathlon through 2016, the company announced Monday.
SCOTTS VALLEY, Calif. (BRAIN) — BRG Sports has extended its distribution agreements with Australia' Sheppard Industries for BRG's Giro and Blackburn products. Both agreements have been extended five years.
MUKILTEO, Wash. (BRAIN) — Full Speed Ahead released a revised minimum advertised price policy late last week and said it has initiated zero-tolerance enforcement for abusers. Violators of the policy will be not be eligible for future purchase of FSA products until further review, the company said in a release.
SEYMOUR, Conn. (BRAIN) — Thule has hired Dan Connors as a lead engineer, the company announced Friday. Connors joins Thule from Cannondale where he spent 20 years designing bicycle frames, cranks and other components.
SAN DIEGO (BRAIN) — Selle Anatomica is offering any of its saddles to bike shop and industry employees for $75.
WASHINGTON (BRAIN) — The U.S. Census Bureau says the number of people who traveled to work by bike increased roughly 60 percent over the last decade, from about 488,000 in 2000 to about 786,000 during the 2008-2012 period.
WESTPORT, Conn. (BRAIN) — CamelBak sales over the first quarter were $38.8 million, down from $42.8 million last year. CamelBak is a division of Compass Diversified Holdings, which published its first quarter earnings this week.
MONTREAL (BRAIN) — The bike division at Dorel Industries saw revenues grow 18 percent during the first quarter, with gross profit and operating profit also up 17 and 71 percent, respectively. Officials pointed to better sales and cost control for the improvement over last year.
FORT COLLINS, Colo. (BRAIN) — Swobo has a new agreeement with U.K.-based retailer Charlie the Bikemonger, which will distribute the brand in Europe and serve as the base of operations for swobobikes.eu.
CHICAGO (BRAIN) — ABUS Mobile Security, Inc. will sponsor the 2014 PeopleForBikes Ride on Chicago, a five-day group ride intended to raise funds and awareness for safer and better bicycling in the United States.
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