Industry News

MISSOULA, MT (BRAIN)—Adventure Cycling Association has received three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS).

Tagged Advocacy/Non-profits

WASHINGTON, D.C. (BRAIN)—Whatever the reason, weather or the economy, suppliers did not find parents buying kids' bikes this year. Imports of sidewalk bikes with wheel sizes under 20-inches fell 9 percent through June, while imports of 20- and 24-inch bikes were down 32 percent.

Tagged Earnings/Financial Reports

"It would take a real special day with a big team effort. Can we use TT bikes?"

MADISON, WI (BRAIN)—A crowd of about 400 cycling advocates, suppliers and retailers, as well as Wisconsin Governor Jim Doyle, gathered last night at a fundraiser for Congressman James Oberstar (D-MN) in Madison, Wisconsin.

Tagged Advocacy/Non-profits

MADISON, WI (BRAIN)—A crowd of about 400 cycling advocates, suppliers and retailers, as well as Wisconsin Governor Jim Doyle, gathered last night at a fundraiser for Congressman James Oberstar (D-MN) in Madison, Wisconsin.

Tagged Advocacy/Non-profits

Patrick Brady is happy to announce that he's added his first team member to the Red Kite Prayer site. Philip Reid Brady was born July 25 at 12:03 p.m. He was 7 lbs., 6 oz. and measured 20 inches. He's got his father's low resting pulse and his mother's good looks, a very lucky combination.

SOUTH ORANGE, N.J. (BRAIN)—Zigo has launched its Zigos for Clunkers program, a stimulus program that will help the environment, combat obesity, reduce dependency on foreign oil and promote positive parenting in America.

TAIPEI, Taiwan (BRAIN)—A group of Taiwan executives will offer their thoughts on developing trends and new products at a special Taiwan Product Launch seminar at Eurobike.

Tagged Tradeshows and conferences

MELBOURNE, Australia (BRAIN)—With more than 1,500 pre-show registrations, organizers of the inaugural Ausbike Australia Bicycle Trade Expo kicking off this Sunday morning are delighted.

Tagged Tradeshows and conferences

MADISON, WI (BRAIN)—Trek is showing a greater commitment to the transportation bike category with a slew of new urban, city and commuter offerings for 2010. For the upcoming year the company has also focused on hitting key price points to cater to a changing consumer mindset.

MONTREAL, Quebec (BRAIN)—The chief executive officer of Dorel Industries said on Wednesday that the company would sell Iron Horse branded bicycles in the sporting goods channel starting next year.

Tagged Earnings/Financial Reports

VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel has hired Andrew Coutant as its new vice president of design and development.

"With my endurance you don't stand a chance/
My cardiovascular fitness level is right up there with Lance."

—MC SpandX. Click on link for a video that you probably won't see airing on MTV anytime soon.

BETHESDA, MD (BRAIN)—Children’s bicycles and accessories manufactured after Friday must be shipped with a tracking label in order to make the product’s origin more apparent to consumers, according to a standard in the Consumer Product Safety Information Act.

TAICHUNG, Taiwan (BRAIN)—While most manufacturers escaped serious damage as Typhoon Morakot swept over Taiwan last weekend, most companies were forced to halt production for a few days as employees stayed home and electricity was cut.

PHILADELPHIA, PA (BRAIN)—Strong sales gains during the first quarter were erased as sales fell by 2 percent through June, and shipments lagged 8 percent, according to the Bicycle Product Suppliers Association (BPSA) June sales report.

Tagged Earnings/Financial Reports

PORTLAND, OR (BRAIN)—UK folding bike manufacturer Brompton Bicycle has established a subsidiary in the United States led by industry veteran Ed Rae. He will work from his home office in Portland, Oregon.

SCHILLER PARK, IL (BRAIN)—LeMond Fitness and distributor Life Fitness have settled all outstanding disputes and litigation. Under the terms of the resolution, Life Fitness will continue to sell the RevMaster group exercise bike and provide service and support for customers.

Tagged Distributor news

TAIPEI, Taiwan (BRAIN)—Initial reports from Taiwan indicate that the island’s bicycle industry escaped relatively unscathed as Typhoon Morakot swept over the island this weekend.

WESTPORT, CT (BRAIN)—Fox Racing Shox saw a sales decline in the first half of the year as OEM suspension business slowed amid the economic downturn.

Compass Diversified Holdings, parent company of Fox, spoke about Fox’s performance during a conference call with analysts on Monday morning.

Tagged Earnings/Financial Reports

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