Industry News
MOUNT PROSPECT, IL (BRAIN)—Almost all specialty retailers, from small to large, improved key measures of profitability and productivity versus two years ago, according to data in the newly released NSGA Cost of Doing Business Survey.
BOULDER, CO (BRAIN)—Three U.S. bike industry leaders were elected as Bikes Belong Coalition board officers at the organization’s meeting Tuesday in Boulder, Colorado.
HEERENVEEN, the Netherlands (BRAIN)—Accell Group raised its projected 2008 profit from an expected 10-percent increase over 2007 to a 15 percent jump based on the company’s performance so far this year.
NUNSPEET, Netherlands (BRAIN)—Shimano has named Marc van Rooij as the new president of Shimano Europe Holding Group, succeeding Sato Yuasa as of December 1.
DUARTE, CA (BRAIN)—Dahon continues to experience robust sales and is on track to produce half a million bicycles in 2008, a nearly 30 percent increase from the previous year.
Pre-orders for 2009 are also strong and Dahon expects to continue its healthy growth rate.
BOULDER, CO (BRAIN)—SmartEtailing has just introduced a fully integrated consumer Wish List feature for all SmartEtailing clients' Web site catalogs.
BETHESDA, MD (BRAIN)— A group from the Bicycle Product Suppliers Association met with key staff members from the Consumer Product Safety Commission last Friday to seek guidance on some of the industry’s sticking points with the new consumer product safety law.
MORGAN HILL, CA (BRAIN)—Counterfeit high-end Specialized raod bike frames are circulating the Internet, according to a press release from the supplier.
S Works Tarmac SL framesets, sizes 52 and 54 centimeters in red and blue, are being sold on eBay, Craigslist and other regional online sources.
PLANTATION, FL (BRAIN)—DHL will stop making express deliveries within the U.S. starting January 30, closing its 18 main distribution hubs while cutting most of its 13,000 U.S. jobs.
SEATTLE, WA (BRAIN)—Nuun has hired Tim McGee in the newly formed position of vice president of sales and marketing.
"I don't want to enter an unsafe situation but you see this stuff coming out of France. There [are] some aggressive, angry emotions. If you believe what you read, my personal safety could be in jeopardy."
WOODINVILLE, WA (BRAIN)—After six years with Full Speed Ahead, Ric Hjertberg is leaving the company.
WESTPORT, CT (BRAIN)—Sales for Fox Racing Shox jumped $10.2 million in the third quarter of the year, helping to boost the bottom line of its parent company, Compass Diversified Holdings.
"New Rule: Never give up hope! I never thought it would happen. You never thought it would happen. But you'll be able to tell your grandkids that in November of 2008, the impossible did happen: Guns N' Roses released 'Chinese Democracy.'"
—Bill Maher
ATLANTA, GA (BRAIN)—Organizers have canceled the Tour de Georgia cycling race for 2009 after failing to secure sponsorship dollars in the face of a looming state budget deficit and belt tightening by many corporate sponsors.
MONTGOMERYVILLE, PA (BRAIN)—The Bicycle Product Suppliers Association (BPSA) has opened up online registration for its annual Bicycle Leadership Conference (BLC), held in conjunction with the 2009 Sea Otter Classic, April 15-17, 2009 at the Monterey Bay Embassy Suites in Seaside, CA.
MADISON, WI (BRAIN)—Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series.
LAGUNA NIGUEL, CA (BRAIN)—Rock N’ Road Cyclery founder Matt Ford views the current economic slump not as an obstacle, but an opportunity.
DANA POINT, CA (BRAIN)—Darrin Duhamel said to hell with the corporate world seven years ago.
SAN JUAN CAPISTRANO, CA (BRAIN)—Jim Curwood isn’t participating in the current recession.
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