Industry News

MOUNT PROSPECT, IL (BRAIN)—The National Sporting Goods Association (NSGA) Board of Directors has chosen Matt Carlson as successor to retiring president and chief executive officer Jim Faltinek.

Tagged People

SAN DIEGO, CA (BRAIN)—Zoic Clothing has raised $1,600 for Outdoor Outreach through its 2nd annual spring fundraiser, a mountain bike ride and sponsored raffle.

Tagged Advocacy/Non-profits

Dick Burke's memorial celebration Monday night brought out the biggest names in the industry. The evening included a succession of heartfelt speeches and a slide show, followed by a reception with food and beer featuring custom labels with his caricature and inscription.

MILWAUKEE, WI (BRAIN)—It seemed appropriate that the memorial celebration for Dick Burke, founder and chairman of Trek Bicycle, was held on St. Patrick’s Day.

Tagged Events

"When logic and proportion
Have fallen sloppy dead
And the White Knight is talking backwards
And the Red Queen's 'off with her head!'
Remember what the door knob said:
FEED YOUR HEAD"

—Jefferson Airplane

CAVARZERE, Italy (BRAIN)—Fondriest Bici, the Italian designer and builder of high-end road racing bikes, has returned to the United States with exclusive distributor, Velo Europa Imports.

PORT COQUITLAM, British Columbia (BRAIN)—Mace has launched a new Web site in both flash and static format.

This year's site features high-res images that you can download, suggested Canadian and U.S. pricing, enhanced "Find a Dealer" buttons and product pages that you can bookmark for easier reference.

Tagged Web/Internet

MILWAUKEE, WI (BRAIN)—The industry is gathering for Dick Burke's Celebration of Life this afternoon and tonight at the Milwaukee Youth Arts Center.

From 2 p.m. - 5 p.m. is for paying respect to the family. From 5 p.m. is a celebration of life program. Cocktails and food to follow.

Tagged People

BY MATT WIEBE

IRVINE, CA—When Shimano’s Coasting bikes made their debut on retail show floors last year, sales were aided in large part by the amount of media coverage the company generated. But as new models hit the floors this season, retailers are uncertain they will sell-through at the same pace.

BY NICOLE FORMOSA

BLOOMINGTON, MN—Nearly 1,500 retailers and vendors brushed aside Minnesota’s single-digit temperatures to meet and mingle at Quality Bicycle Products annual trade fair.

Tagged Events / Frostbike

BY MATT WIEBE

IRVINE, CA—News that Shimano snapped up Pearl Izumi from Nautilus last month caught most of the industry by surprise.

Tagged Mergers & Acquisitions

"When I was a boy, I delivered newspapers on my bicycle at 64 below. The worst part is, I wanted to impress the girls, so I had to look good. I couldn't wear a hat with earflaps. I had to sport the wave. So I'd put some water through my hair and push that wave up over my forehead.

GARDENA, CA (BRAIN)—One of the early leaders of the bicycle clothing industry, John Kucharik Sr, died recently at 93.

Kucharik Sr. was the founder of Kucharik Bicycle Clothing in Gardena, California. He also owned a bike shop, and served the industry for more than 50 years.

Tagged People

TAIPEI, Taiwan (BRAIN)—The GoCycle is finally a go.

A sleek and innovative urban bicycle, powered by a high performance electric motor, made its long-awaited debut at the Taipei Cycle show this week.

Tagged Tradeshows and conferences

TAIPEI, Taiwan (BRAIN)—The outlook for the bicycle industry may depend on which side of the Atlantic one sits, two magazine publishers told Taiwan’s industry elite Thursday.

Tagged Taipei Cycle Show

FRIEDRICHSHAFEN, Germany (BRAIN)—Eurobike has new extended opening hours for this year’s event from September 4-7, and a new marketing campaign.

In 2008, Eurobike will open its doors to the public one hour later (10 a.m.), but close two hours later (8 p.m.) in the evening.

Tagged Tradeshows and conferences / Eurobike

TAIPEI, Taiwan (BRAIN)—A Taiwan designer combined three “green transportation” trends—solar power, electric power and folding bikes—to claim the winning entry in this year’s bicycle design competition.

Tagged Tradeshows and conferences

TAIPEI, Taiwan (BRAIN)—Taiwan’s president topped the crowd of dignitaries marking the official opening of the Nangang Exhibition Hall Thursday and the start of the Taipei Cycle show.

Tagged Taipei Cycle Show

"Some might wonder how it was that such a soft spoken, diminutive old man could gain his 'Big Guy' nickname. It’s simple, because Dick Burke was a giant in the industry to which he and his family have committed themselves.

MONTREAL, Quebec (BRAIN)—Dorel Industries reports that bicycle sales drove a 10 percent increase in sales by its recreational/leisure segment. Dorel owns Pacific Cycle, makers of Mongoose, GT and Schwinn bicycles.

These earnings don't reflect the company's recent purchase of Cannondale.

Tagged Earnings/Financial Reports

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