Industry News

CAPE TOWN, South Africa (BRAIN) — The protective gear brand Leatt Corporation is reporting that sales in its second quarter were up 25 percent over the same period last year, to $5.2 million.

ALISO VIEJO, Calif. (BRAIN) — Highway Two has hired James Thomas as its key accounts manager. Thomas is best known as the former national accounts manager at Serfas.

Highway Two also has promoted Justin Savord to inside sales team lead. Savord was previously a sales rep. 

LUDHIANA, India (BRAIN)— Industrialist OP Munjal, chairman emeritus of Hero Cycles and one of the founders of the Hero Group, died Thursday after a heart attack, India news media is reporting. Munjal, 86, was at the DMC Hero Heart Center when he died. Last rites will be performed Friday.

SANTA MONICA, Calif. (BRAIN) — The second annual Santa Monica Bicycle Expo will be held once again at the landmark Santa Monica Pier, on Oct. 10-11. This year the event, which offers free admission, will include a 15-mile non-competitive bike ride.

Tagged Consumer Expos and Rides

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced several new and returning retail education opportunities at this year's show.

Tagged Interbike / Retailer education

SQUAMISH, British Columbia (BRAIN) —Kore USA has hired Monica McCosh as its new North American sales & marketing manager.

DUNDAS, Ontario (BRAIN) —SB Sports Inc is now distributing Bont cycling shoes across Canada.

Tagged Distributor news

SALT LAKE CITY (BRAIN) — Outdoor supplier Black Diamond, Inc., which owns the POC brand, generated record sales in its second quarter, which ended June 30.

Tagged Earnings/Financial Reports

MIAMI (BRAIN) — J&B is now stocking parts from the U.K. brand AbsoluteBlack.

The distributor is carrying the brand's full range of narrow-wide chainrings as well as track cogs.

Tagged Distributor news

SAN FRANCISCO (BRAIN) — Timbuk2 has hired new specialty cycling sales representatives to serve the brand in Northern California, the Pacific Northwest, Rocky Mountain States, Texas, Louisiana, Arkansas, and Oklahoma.

SAN DIEGO (BRAIN) — Lake Cycling International BV will distribute its products directly in North America, ending its relationship with Stage Race Distribution from Toronto, Lake announced Monday.

Tagged Distributor news

ATLANTA (BRAIN) — Wahoo Fitness has launched a new sales and marketing team for Germany, Switzerland & Austria (GSA).

FERNDALE, Wash. (BRAIN) — Kona unveiled its expanded 2016 road and mountain line to a select group of retailers at its sixth annual Kona Ride product launch, held at its U.S. headquarters in northwestern Washington this week.

HAYWARD, Calif. (BRAIN) — Bianchi USA has hired Rob Gaertner as territory manager for Colorado, Utah and New Mexico. 

ST. PAUL, Minn. (BRAIN) — Framed Bicycles added several new hires to its outside sales force beginning Aug. 1.

UPDATED: Dorel exec responds to question about online sales

NEWBURY PARK, Calif. (BRAIN) — Days after Trek Bicycle announced a plan to sell bikes online, Giant USA told dealers that it is studying a similar "Click and Collect" program in the U.S., but said it has not made a decision about going forward with the plan.

Velo nominates Froome, Wiggins and Sagan for IB Athlete Awards.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced the final round of nominees for the 2015 Interbike Awards for Athlete designations.

Editors from Velo magazine selected the top athlete nominees in six different categories representing the majority of cycling disciplines.

Tagged Awards / Interbike
Decline in sales in Europe and North America, and foreign exchange losses impact earnings.

MONTREAL (BRAIN) — Dorel Industries reported that second-quarter revenue for its bike business, Dorel Sports, was down $35.2 million or 12.3 percent compared to the same quarter last year. Revenue totaled $251.1 million compared to last year's $286.2 million for the segment.

Tagged Earnings/Financial Reports

VENTURA, Calif. (BRAIN) —New distributor Zeitbike has hired Dennis Ocondi as sales representative for the state of Washington.

Tagged Distributor news

IRVINE, Calif. (BRAIN) — Felt Bicycles has announced the addition of four new employees.

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