Industry News
LINCOLN, NE (BRAIN)—Tomac Bikes first quarter sales are up 30 percent compared with last year's first quarter.
"We are mentally not participating in the global economic decline," said Joel Smith, owner of Tomac Bikes.
BLOOMINGTON, MN (BRAIN)—Temperatures dipped into the single digits as the industry’s largest distributor wrapped up its annual three-day expo yesterday in Bloomington, Minnesota.
LUSAKA, Zambia (BRAIN)—The Zambian Ministry of Education and international relief organization World Bicycle Relief have signed a Memorandum of Understanding that engages the two parties to work together to deliver some 50,000 bicycles to schoolchildren, teachers, and community supporters in Zambia’s 16 neediest dis
SAN DIEGO, CA (BRAIN)—Competitor Group has sold VeloGear for an unspecified amount to Midwest Cycling, which will now be called Midwest Velo as a result of the transaction.
FERNDALE, WA (BRAIN)— Kona's Shoot the Ride Photo Contest returns for its second year.
RANCHO SANTA MARGARITA, CA (BRAIN)—Serfas has supplied its sales reps with UPC scanners that allow them to scan items on the retail sales floor to determine which of its accessories need to be filled in to maintain par levels.
LAS VEGAS, NV (BRAIN)—Brent Thomson, mountain bike industry legend and trail master of Bootleg Canyon, has lost his battle with complications from the quadruple bypass surgery he underwent in January.
SANTE FE, NM (BRAIN)—BTI, Bicycle Technologies International, released its annual catalog this week. The 2009 catalog represents a milestone for the 16-year-old parts and accessories distributor; it's the first in the company's history to exceed 1,000 pages.
NEWBURY PARK, CA (BRAIN)—Giant for Women has produced a special video for Giant retailers designed to help them boost their sales to female customers.
SANTA ANA, CA (BRAIN)—This year’s National Bike Summit presented by the League of American Bicyclists March 10–12 in Washington, D.C.
Mark Dwight, formerly of Timbuk2 and now the CEO of Rickshaw Bagworks, sent out a short video to Adventure Cycling while riding from San Francisco to Los Angeles to attend the annual TED—that's Technology, Entertainment, Design—Conference.
VISTA, CA (BRAIN)—Bicycle industry veteran and long-time Haro Bicycles outside sales representative, Jim Herney, recently retired. He represented Haro as one of his main lines for more than 12 years.
TRENTON, NJ (BRAIN)—A bill that seeks to regulate the sale of bikes equipped with quick releases in the state of New Jersey has been stalled once more.
BRAIN has already added a new blog, well kind of. We've linked up with our dear friend and BRAIN columnist, Patrick "Mad Dog" O'Grady. You cannot only click through to his blogging site via BRAIN now, but you can also view (from time to time) original O'Grady entries in the BRAIN blog.
WATERLOO, WI (BRAIN)—Trek kicked off a sales promotion for its retailers centered around Lance Armstrong’s comeback at the Tour of California.
DENVER, CO (BRAIN)—When President Barack Obama signed off on the $787 billion economic stimulus package earlier this week, bicycle advocacy groups such as Bikes Belong were still trying to figure out what it all meant.
"Where I go I just don't know
I might end up somewhere in Mexico.
When I find my piece of mind
I'm gonna keep you for the end of time."
—Red Hot Chili Peppers
FRIEDRICHSHAFEN, Germany (BRAIN)—After a successful debut in 2008, the Eurobike Show Daily (ESD) will be published again this year.
OSAKA, Japan (BRAIN)—Shimano reported an 11-percent jump in sales in 2008, ending the year with $2.59 billion in net sales, according to Shimano’s 2008 earnings as reported to the Tokyo Stock Exchange.
Net income for 2008 was $277 million, or 25.15 billion yen, an increase of 26.4 percent over 2007.
WEST JORDAN, UT (BRAIN)—Reynolds Cycling has went through some restructuring recently as a warranty tech manager and engineer were let go.
Reynolds Cycling is a division of MacLean Quality Composites, internationally renowned manufacturer of carbon composite and alloy bicycle tubing and components.
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