Industry News

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.

Tagged Earnings/Financial Reports
Updated
Counterfeit (left) and real Squirt Lube.

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.

Tagged Distributor news

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.

Tagged Earnings/Financial Reports

MONROVIA, Calif. (BRAIN) — Charles "Chuck" Stephens, the founder of the BMX brand ACS, died Friday at his home.

Ketterer on Team DBR in 1992.

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.

Titev.

SOFIA, Bulgaria (BRAIN) — WTB has hired Nikolay Titev, who will augment WTB Europe's sales staff, managing Southeastern Europe's aftermarket as well as OEM sales. Titev is based in Bulgaria.

POTOMAC, Md. (BRAIN) — Former U.S. Rep. Jim Oberstar is being remembered as perhaps cycling's greatest supporter in congressional history.

Oberstar died at his home in Maryland early Saturday. He was 79 and his family said the cause of death was unknown.

SURREY, British Columbia (BRAIN) — Bike parking rack supplier Reliance Foundry is holding a competition for bike commuters that will award a grand prize of $5,000 in bike equipment to the commuter who can "best express how biking to work has impacted their life and/or the lives of their co-workers or employees."

CARBONDALE, Colo. (BRAIN) — Brian Holcombe, the Web editor for Competitor Group Inc.'s VeloNews.com site, has joined PR agency Backbone Media.

Raleigh Bicycle and local retailer Century Cycles support the event
Packed bike parking outside a school during last year's chalenge.

CLEVELAND (BRAIN) — The 7th annual Century Cycles' Bike to School Challenge will get underway Monday as more than 4,000 students from six schools will try to rack up even more numbers than they have in previous years.

LAGUNA HILLS, Calif. (BRAIN) — The May 1 issue of Bicycle Retailer and Industry News is arriving in mailboxes this week, and subscribers now have the option to receive a dynamic digital edition of the magazine. 

Tagged BRAIN News / From the Magazine
John Quinn

SALT LAKE CITY (BRAIN) — John Quinn has been promoted to USA executive vice president at Scott Sports, as long-time executive vice president Larry Morton and winter sales and soft goods manager Shauna Unser leave the company.

MISSOULA, Mont. (BRAIN) — Adventure Cycling hopes to raise $125,000 this month for the U.S. Bicycle Route System, a plan to map and designate bike-friendly corridors across the country.

Tagged Advocacy/Non-profits

BOULDER, Colo. (BRAIN) — Jim Kelley has been promoted to president of The NPD Group's Sports and Leisure Trends businesses.

LAKE FOREST, Calif. (BRAIN) — Distributor Torcano Industries has moved into a new 2,000-square-foot headquarters in Lake Forest, Calif., that features a warehouse, lobby area, office space and an upstairs loft.

Tagged Distributor news

BOULDER, Colo. (BRAIN) — Suppliers interested in getting an 8 percent discount on Intebike booth space must be current members of the Bicycle Product Suppliers Association as of May 16, the organization is reminding.

Tagged Advocacy/Non-profits / Interbike

EMMAUS, Pa. (BRAIN) — Peter Flax is leaving Bicycling magazine, where he has been editor in chief since 2010. Flax is being replaced temporarily by Bill Strickland, Bicycling's current editor at large, according to a letter sent to staffers by Rodale president Scott D. Schulman on Wednesday.

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