Industry News
CERRITOS, CA (BRAIN)—BMX racing legend Toby Henderson is leaving VSI Products to pursue "something big and relevant" within the BMX world.
NANJING, China (BRAIN)—Asia Bike, billed as the first bike show focused on the high-end market in China, saw success in its inaugural year with attendance from more than 130 top industry brands.
LA CANADA FLINTRIDGE, CA (BRAIN)—Sports Chalet saw its sales total $82.8 million, an increase of 3.9 percent in the first quarter compared with a year ago. Sports Chalet, however, still reported a loss of $0.8 million, or 6 cents a share.
CLOPPENBURG, Germany (BRAIN)—Germany’s Derby Cycle expects to post third-quarter revenue of around 84.4. million euros ($122.3 million), an increase of 35 percent over the same quarter last year.
HELSINKI, Finland (BRAIN)—Mavic sales grew 17 percent in the second quarter of the year, driven equally by sales of wheels and cycling soft goods like footwear and apparel, Heikki Takala, president and CEO of Mavic’s owner Amer Sports said in a conference call on Thursday.
BOULDER, CO (BRAIN)—Competitor Group, Inc. (CGI) has announced today that Neal Rogers has been promoted to editor-in-chief of Velo.
He takes over for Ben Delaney, who left the magazine after the Tour de France so that he could spend more time with his family.
JORDANELLE STATE PARK, UT (BRAIN)—Dennis Holliday, Raleigh’s territory manager in Utah and Nevada, said he was surprised at the interest outdoor retailers expressed when visiting the Raleigh booth at Outdoor Retailer’s Open Air Demo at Jordanelle Lake.
BOULDER, CO (BRAIN)—CatEye Electronics is going dealer-direct in the U.S. market with the recent formation of CatEye America. Beginning Sept. 1, CatEye products will be available to independent bike dealers for direct purchase as well as through Quality Bicycle Products.
SAN JUAN CAPISTRANO, CA (BRAIN)—With 30 business days left before Interbike 2011, the 30th anniversary of the show has already surpassed last year’s show in overall size.
SANTA ANA, CA (BRAIN)—Dahon North America’s legal team has filed a second request asking a judge to bar competing brand Tern Bicycles from using what it claims are Dahon’s resources in operating its business.
BURNABY, British Columbia (BRAIN)—Sugoi Performance Apparel, part of the Apparel Footwear Group (AFG) division of Dorel Industries, has appointed Kyle Weiner as president of Dorel's Apparel Footwear Group.
LAGUNA HILLS, CA (BRAIN)—Leisure Trends Group has extended the deadline for voting for the Top 100 to end of day Wednesday, Aug. 3. Industry companies whose sales reps were invited to participate should have received online ballots in early July.
WATERLOO, WI (BRAIN)—Trek Bicycle has launched an online suspension calculator (click on above link).
The suspension calculator features an intuitive interface that will provide the perfect suspension settings throughout Trek’s full suspension mountain bike collection.
LOS ANGELES, CA (BRAIN)—Industry veteran Steve Boyd has launched a new distribution company, Stile Products, that will represent Tern Bicycles and BioLogic cycling accessories.
TIRAT CARMEL, Israel (BRAIN)—Source Vagabond Systems, parent company of the Source line of hydration systems and sports sandals, is suing Hydrapak over a closing mechanism that's featured on Source's Widepac reservoir.
NEWBURY PARK, CA (BRAIN)—Giant Bicycle retailers in New England and much of the East Coast will see immediate benefits from a new warehouse for the company that begins operations today.
LAGUNA HILLS, CA (BRAIN)—As the October Interbike show issue approaches, Bicycle Retailer is seeking 10 new retailers to participate in the magazine’s State of Retail panel.
BLOOMINGTON, MN (BRAIN)—QBP has hired two new sales representatives to serve Illinois and the upper Midwestern states. They will provide support for QBP’s global consumer brands, and all vendors distributed by QBP.
MONTEREY, CA (BRAIN)—Light and Motion has hired Jack Gresmer in the newly created position of director of sales. He will work alongside current sales manager Eric Squires to help build the company’s bike business.
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