Industry News

Vee Rubber America adds three distributors • Louis Garneau hires new national sales manager • Dirt Rag wins environmental award • Bikes Belong launches project to help cities build bike networks • Spoke Insurance offers cyclists insurance

MEMPHIS, TN (BRAIN) Feb 24, 16:25 MT——Sidi America opened its new eastern U.S. warehouse this month, reducing shipping times to the east coast by three to four days.

MADISON, WI (BRAIN) Feb 24, 16:18 MT—Trek is transitioning sales in Poland away from its long time distributor SSC to a dealer direct model, the company said Friday.

The company expects the transition to take about four months.

CLOPPENBURG, Germany (BRAIN) Feb 24, 11:39 MT— Derby Cycle grew its revenue by 6.6 percent during the first three months of its financial year, according to an interim earnings report released on Friday.

Tagged Earnings/Financial Reports

HEERENVEEN, Netherlands (BRAIN) Feb 24, 09:25 MT— Strong sales of electric bikes and sports bikes drove a 9 percent increase in sales last year for the European bike giant, Accell Group.

Tagged Earnings/Financial Reports

Editor's note: A story posted Monday, Feb. 20, contained incorrect information about Quality Bicycle Products’ “Buy Local Buy Now!” initiative announced at Frostbike 2012. The story has been corrected.

Tagged Distributor news

BAY SHORE, NY (BRAIN) Feb 23, 12:19 MT— White Lightning has bought the company that markets the Chain Condom, a product designed to protect car interiors from bike chains. White Lightning is renaming the product the Chain Johnny.

Tagged Mergers, Acquisitions & Investments

Pacenti Cycle Design hires David Cash • Yakima adds new managers for marketing and digital & eCommerce

CHATTANOOGA, TN (BRAIN) Feb 23, 08:48 MT— David Cash has joined Pacenti Cycle Design as its global sales and marketing manager.

SAN DIEGO, CA (BRAIN) Feb 22, 14:40 MT—Three of the U.S.'s most powerful bicycle advocacy groups are considering merging their organizations.

Tagged Advocacy/Non-profits

CINCINNATI, OH (BRAIN) Feb 22, 12:04 MT— The Outdoor Industries Women’s Coalition is conducting a survey on career satisfaction, compensation and benefits, and gender-related workplace experiences and is putting a call out for the bike industry to take part.

Tagged Advocacy/Non-profits

Alliance offers Open Streets resources • Volkswagen is a new title sponsor at Sea Otter • Dahon honored by Taiwan award

BERKELEY, CA (BRAIN) Feb 22, 10:55 MT—Northern California's high school mountain bike league has grown to its limits and may have to be spli

Tagged Racing & Sponsorship

SAN DIEGO, CA (BRAIN) — About 230 multisport event organizers, media, suppliers and retailers gathered here earlier this week for the second annual Triathlon America Conference.

Tagged Racing & Sponsorship

SCHAFFHAUSEN, Switzerland (BRAIN) Feb 22, 09:08 MT—Garmin’s sales hit $2.76 billion last year, an increase of $70 million over 2010. And though its automotive sales fell 5 percent, sales in its outdoor and fitness categories were up 14 and 24 percent respectively.

Tagged Earnings/Financial Reports

SAN DIEGO, CA (BRAIN) Feb 21, 11:48 MT—When it comes to triathletes, there are four categories with distinct wants and needs, according to a study released this week at the Triathlon America conference.

BLOOMINGTON, MN (BRAIN) Feb 21, 10:49 MT—Quality Bicycle Products honored an Idaho retailer and a Georgia component maker at its VIP event during last weekend's Frostbike event here.

Tagged Awards / Frostbike / Distributor news

SAN DIEGO, CA (BRAIN) Feb 21, 09:12 MT—Competitor Group, Inc., has bought the Nation's Triathlon and entered a multi-year partnership with Washington Sports & Event Management.

Tagged Racing & Sponsorship

Triathlon America launches retailer certification program • Seattle Bike supply appoints two new sales reps

F.I.V. Edoardo Bianchi Spa has bought 'a significant minority stake' in its Australian distributor, Sport Outdoor Leisure Australia Pty Ltd (SOLA).

Tagged Distributor news

Editor's note: The following is an update correcting information about Quality Bicycle Products’ “Buy Local Buy Now!” initiative:

Tagged Frostbike / Distributor news

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