Industry News

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which offers Fox suspension, Marzocchi, Easton cycling and Race Face products in the cycling market, saw a 15.1 percent increase in sales of bike products in the second quarter.

Tagged Earnings/Financial Reports

OLATHE, Kan. (BRAIN) — Garmin saw a 24 percent increase in sales in its fitness division (which includes its bike products) in the second quarter this year, and has seen a 23 percent increase year to date.

Tagged Earnings/Financial Reports

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced the schedule for its Fit Symposium, a free educational track for registered independent bicycle retailers and their fit specialists. The theme of this year's edition of the popular symposium is "The Golden Rules of Fit."

Tagged Interbike

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Welcome to August. August 15 is the deadline for brands to submit products for consideration for Interbike's IB Innovation Awards.

Bicycles, components, accessories and apparel can all be nominated.

Tagged Interbike / Interbike Awards

MILWAUKEE (BRAIN) — Harley Davidson announced an ambitious growth plan Monday that includes the launch of a variety of new products, including, possibly, e-bikes.

Tagged Electric bike

BOULDER, Colo. (BRAIN) — Dave Whittingham, an industry veteran who managed bike shops, developed products and worked for several brands in the Boulder area, died Monday of complications from a bicycle accident. He was 67.

FRUITA, Colo. (BRAIN) — Local retailer Over the Edge Sports and the City of Fruita are hosting a three-day meeting here in October devoted to trails-based economic development. 

Tagged Tradeshows and conferences

BOULDER, Colo. (BRAIN) — Bicycle Product Suppliers Association members shipped fewer bikes to dealers through the first half of the year, compared to last year. But even so, they tallied more dollar business.

BETHESDA, Md. (BRAIN) — Organizers of a March, 2019, bicycle trade show in New Jersey are looking for nominations for speakers.

Tagged Tradeshows and conferences

WALNUT CREEK, Calif. (BRAIN) — Dave Bertram, who became CEO of Troy Lee Designs in late 2016, has resigned for personal reasons, the company announced.

Company says its STEPS E8000 e-MTB drive unit has been well received; says March's factory fire cost 1.6 billion yen — almost $20 million.

OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday. 

Tagged Earnings/Financial Reports

MINNEAPOLIS (BRAIN) — Norwest Equity Partners, a middle-market investment firm founded in 1961, has made an investment in Atlanta-based Wahoo Fitness. The transaction closed on June 30; financial terms were not disclosed, but NEP said the investment was "significant."

PORTLAND, Ore. (BRAIN) — Portland Design Works has hired RoseMary Sindt as marketing manager, developing and managing PDW's marketing, event and sponsorship initiatives. She started in the position July 1.

Win Allen at the 2016 Mechanics Challenge.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has opened registration for the third annual Mechanics Challenge presented by Park Tool.

The event will take place on the Interbike show floor with qualifying heats on Sept. 18-19 and the semi-final and final rounds held from 2-5 p.m. on Sept. 19.

Tagged Interbike

WASHINGTON (BRAIN) — Two members of the U.S. e-bike industry testified Wednesday in opposition to the Trump adminstration's proposed 25 percent tariff on e-bikes from China.

Tagged Trade/tariffs / Electric bike

BOULDER, Colo. (BRAIN) — PeopleForBikes will conduct a free half-hour webinar on proposed U.S. tariffs on Friday.

Tagged Trade/tariffs

COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has named Jeff Pierce director of elite athletics, road and track — overseeing road and track cycling programs from the development level through the USAC National Team.

GOLDEN, Colo. (BRAIN) — Yeti Cycles has hired Kristi Jackson as the director of marketing. Jackson will lead all marketing initiatives at Yeti.

HELSINKI (BRAIN) — Amer Sports, owner of Enve and Mavic, reported Thursday that sales in its cycling division were down 13 percent in the first half of 2018, to 60 million euros ($70 million). In the second quarter, sales in the division were down 11 percent. 

Tagged Earnings/Financial Reports

LAGUNA HILLS, Calif. (BRAIN) — Brendan Gecik, formerly North American sales manager at Highway Two, has launched his own venture called DemoWorx, a multibrand bicycle and equipment demo management company based in California.

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