Industry News
Editor's note:The following article is part of a package of stories on the Chinese bike market than ran in the April 15 issue of Bicycle Retailer & Industry News.
VAN NUYS, CA (BRAIN)–Easton-Bell Sports on Monday reported a 6.3 percent increase in first-quarter net sales to $216.3 million, driven in part by gains in the company’s Action Sports segment, which includes its bicycle-related business.
NBC to broadcast live Tour of California coverage • Interbike ranks 70th on list of trade shows • Blumenthal pens Bike Month blog for HuffPost • Bike cop supplier offers customized Kona
TAIPEI, Taiwan (BRAIN) Monday May 7 2012 9:32 AM MT—The first quarter was a bit of a mixed bag for Taiwan’s publicly traded manufacturers, according to numbers released on the Taiwan Stock Exchange.
ALLENTOWN, PA (BRAIN) Monday May 7 2012 8:45 AM MT—Baby Boomer bicyclists may dominate the airwaves and magazine spreads in Flomax advertisements, but the generation no longer dominates the rest of the cycling market, a new study reveals.
SRAM offers Chain Watcher for aftermarket • Las Vegas Gran Fondo announces hotel partners • Selle Italia launches TV and Internet ad campaign
Phoenix signs Tyler Faoro for factory team • New Balance continues sponsorship of Garmin-Barracuda team • San Francisco Bike to Work Day gets wiggly video
BLOOMINGTON, MN (BRAIN) Thursday May 3 2012 12:18 PM MT—Steve Flagg and Mary Henrickson have acquired a majority stake in SmartEtailing, developer of websites and software for more than 1,000 U.S. specialty bike dealers.
CHATTANOOGA, TN (BRAIN) Thursday May 3 2012 11:22 AM MT—Chattanooga will host USA Cycling's professional road and time trial championships next year and for two years after, the organization announced here on Thursday.
PLUS: Performance Bicycle to award $30,000 in community grants • QBP adds to salesforce in Midwest, Southwest and Florida • Register One Sales Agency to r
OLATHE, KS (BRAIN) Wednesday May 2 2012 11:38 AM MT—Strong demand for its fitness and outdoor GPS products helped Garmin Ltd. post a 10 percent increase in revenue to $557 million for the first quarter ended March 31, exceeding analyst expectations for a third consecutive quarter.
PLUS: Supporters break ground for Cleveland velodrome ... Saris announces bike corral contest ...
BOULDER, CO (BRAIN) Wednesday May 2 2012 9:00 AM MT—Competitor Group Inc. on Wednesday announced new editorial hires for its Velo magazine and VeloNews.com.
CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.
WASHINGTON, DC (BRAIN) — Bike advocacy groups are making the most of National Bike Month, which kicked off Tuesday, by lobbying Congress to restore funding for bike projects in the federal transportation bill.
CHICAGO, IL (BRAIN) Tuesday May 1 2012 9:46 AM MT—Crain's Chicago Business is reporting that Chicago's Inspector General has opened an investigation into alleged irregularities in the awarding of a multi-million dollar contract for a bike sharing program.
SAN DIEGO, CA (BRAIN) Tuesday May 1 2012 9:13 AM MT—Tim Jackson is leaving his position as marketing manager for Pivot and BH Bikes, effective Tuesday.
NEW YORK, NY (BRAIN) Monday April 30 2012 6:13 PM MT—Bike Expo New York will bring in about 90 exhibitors in this Thursday through Saturday in advance of the city’s popular TD Five Boro Bike Tour.
BRUSSELS, Belgium (BRAIN) Monday April 30 2012 2:45 PM MT—The European Commission has launched an investigation to determine whether the EU bicycle market is being threatened by lower cost Chinese products imported from government-subsidized manufacturers.
OSAKA, Japan(BRAIN) Monday April 30 2012 2:07 PM MT—A warm winter in Europe and North America pushed Shimano’s bicycle component sales to $619.7 million ($49.808 billion Yen) over the first quarter, up from $507.5 million ($40.792 billion Yen) last year, a 22 percent increase.
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