Industry News
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.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory sales increased 2.2 percent to $56.1 million over the first quarter, up from $54.9 million last year. But sales of mountain bike products decreased 4.4 percent , offset by a 14.1 percent increase in sales of powered vehicle products.
LÉVIS, Quebec (BRAIN) — Canadian distributor Lambert is now carrying the Weehoo trailer, a child trailer that allows the little one to pedal or safely rest.
PROVIDENCE, R.I. (BRAIN) — The Providence Cyclo-cross Festival is planning a Dealer Day for Friday, Oct, 3, the first day of the three-day festival.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is planning its first industry awards gala, to be held during its Las Vegas expo at the Mandalay Bay Convention Center this September.
LITTLE ROCK, Ark. (BRAIN) — Tony Karklins, the founder of Orbea USA, will transition out of the company over the coming months. Orbea USA, which acted as a U.S.
SAN FRANCISCO (BRAIN) — Cycling and running route tracking app Strava is now licensing some of its data to advocacy groups and government agencies looking for insights into road and trail use.
LONDON (BRAIN) — Wiggle Ltd., the online sports retailer, has appointed Giles David as chief financial officer, effective June 1.
CARLSBAD, Calif. (BRAIN) — Optical brand Spy Inc. on Tuesday reported its 12th consecutive quarter of revenue growth as sales ticked up 2 percent in the first quarter of 2014.
DENVER (BRAIN) — A U.S. District Court in Colorado has issued a temporary restraining order against the former U.S. distributor of Squirt chain lube.
SEATTLE (BRAIN) — A major shake-up in staffing at Accell North America has resulted in a variety of layoffs, new hires and promotions that affects the company's key bicycle brands as well as Seattle Bike Supply, a longtime distributor of bicycles, parts and accessories.
MACON, Ga. (BRAIN) — As of May 1, Thomson Bike Products is requiring retailers to have signed its minimum advertised price and online sales policies before they can order products from the company's distributors.
PHOENIX (BRAIN) — Serfas has promoted Ben Luster, formerly a regional sales manager, to the newly created role of brand manager.
SALT LAKE CITY (BRAIN) — Outdoor supplier Black Diamond Inc., which owns the protective brand POC, is reporting that its first-quarter 2014 sales were up 7 percent, to $54.5 million, while gross margins were up 70 basis points to 38.4 percent.
MONROVIA, Calif. (BRAIN) — Charles "Chuck" Stephens, the founder of the BMX brand ACS, died Friday at his home.
NEWBURY PARK, Calif. (BRAIN) — Industry veteran Keith "KK" Ketterer, who has been an inside sales rep at Giant USA for more than a dozen years, is hitting the road as a Giant account executive, the company said Monday.
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