Industry News

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which is moving its corporate headquarters to Georgia, shared more details about relocation plans for some of its bike-related operations.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — David Loechner has resigned from Emerald Expositions Events, where he has been president and CEO since 2013. Emerald is the owner of the Interbike and the Outdoor Retailer trade shows.

Tagged Earnings/Financial Reports / Interbike
Some of Vista's brands.

FARMINGTON, Utah (BRAIN) — Vista Outdoor announced Thursday that its fiscal second-quarter sales were solid at $547 million, with flat sales in its action sports division. The company indicated it was in no rush to sell its bike brands, which include Bell, Giro and Blackburn.

Tagged Earnings/Financial Reports

ROTORUA, New Zealand (BRAIN) — Goodyear Bicycle Tires has signed Wide Open as its New Zealand distributor. Rotorua-based Wide Open will execute Goodyear's marketing efforts in its territories.

TAIPEI, Taiwan (BRAIN) — E-bikes and their future in the global marketplace is dominating most discussions at Taipei Cycle as suppliers and government officials look to the future.

Tagged Electric bike / Taipei Cycle Show

TORONTO, Ontario, and SANTA CRUZ, Calif. (BRAIN) — Cervélo has undergone a restructuring, with new resources dedicated to the Santa Cruz, California, office of parent Pon Holdings.

The company also announced record sales and plans to move its bike distribution, sales and service to Reno, Nevada.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory announced Wednesday that it plans to relocate its corporate headquarters from California to it existing offices in Georgia by the end of this year.

Tagged Earnings/Financial Reports

OLATHE, Kan. (BRAIN) — Garmin Ltd. on Wednesday reported an 8 percent increase in third-quarter revenue to $810 million, with its marine, aviation, fitness and outdoor segments growing a combined 16 percent compared with a year earlier and contributing 80 percent of total revenue.

Tagged Earnings/Financial Reports

TAIPEI, Taiwan (BRAIN) — For Taiwan manufacturers, the first nine months of the year is a good news/bad news story.

The average unit price for a conventional bike soared 14.2 percent to $659, with sales topping $1.1 billion.

Tagged Taipei Cycle Show

BEIJING (BRAIN) — Ofo is now ending its dockless ride sharing service in Japan, once considered a key market for the Chinese company. This year the company has stopped operating in markets in the U.S., Germany, Spain, Australia and Israel.

Tagged Bikeshare

BENTONVILLE, Ark. (BRAIN) — Aimee Ross, who most recently served as brand and events director for the International Mountain Bicycling Association, has joined Visit Bentonville as director of Bike Bentonville, which promotes a bicycle-friendly culture for residents and tourists.

Velo’s founder, Stella Yu, thanks several hundred attendees for their support at the company’s 40th anniversary celebration.

TAIPEI, Taiwan (BRAIN) — Taipei Cycle, a key stop on the trade show circuit, opens its doors Wednesday to a wave of uncertainty in the industry.

Tagged Taipei Cycle Show

WASHINGTON (BRAIN) — Next Tuesday, dockless sharebike company Lime will offer free rides to the polls on Election Day.

Lime will make its share bikes, e-bikes and e-scooters available in more than 100 cities in the U.S. to ride to and from a polling station, up to 30 minutes.

Tagged Bikeshare

SEATTLE (BRAIN) — UPS and the Seattle Department of Transportation have introduced a delivery pilot project in the city's downtown and historic Pike Place Market using pedal-assist cargo e-bikes with with modular trailers.

Tagged Electric bike

WASHINGTON (BRAIN) — Kent International and Detroit Bikes have withdrawn a petition to the U.S. International Trade Commission that sought protection from complete bike imports in the form of new tariffs of up to 50 percent.

Tagged Trade/tariffs

BOULDER, Colo. (BRAIN) — PeopleForBikes worked with the Walton Family Foundation and BikeNWA to offer tools making it easier to calculate the economic contribution of bicycling across six categories

SACRAMENTO, Calif. (BRAIN)  — "Officina" Dario Pegoretti, the team of builders that Dario Pegoretti trained for many years — will exhibit at the 2019 North American Handmade Bicycle Show.

Tagged North American Handmade Bicycle Show

COLORADO SPRING, Colo. (BRAIN) — USA Cycling has promoted Chuck Hodge to chief of racing and events, leading USAC’s support of cycling events, elite racing calendars, event sanctioning, race director support, local association services, and officiating for all competitions.

COTATI, Calif. (BRAIN) — Yuba Bicycles has hired Jeff Wuerthele as sales representative for the Eastern U.S., effective immediately. Wuerthele will be responsible for developing dealer relations and consumer demand for the cargo bike maker throughout the region.

HELSINKI (BRAIN) — Amer Sports reported net sales increases of 9 percent for its third quarter and 5 percent year-to-date, compared with the same periods last year. The figures don't include Amer's cycling business with the Mavic and Enve brands because Amer now segments cycling as "discontinued operations" as it looks to sell that business.

Tagged Earnings/Financial Reports


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