Industry News

The port of Shanghai, China. Wiki Commons photo.

Spoiler: Well over $1 billion worth of bike stuff at Customs value — at least half of all bike-related imports.

Tagged Tariffs
European hubs could become subject to a new U.S. tariff.

WASHINGTON (BRAIN) — While the U.S. trade war with China is getting the most attention, the U.S. is also engaged with a dispute with the European Union. On Thursday, the Bicycle Product Suppliers Association was scheduled to testify against new tariffs on bike products from the EU.

Tagged Tariffs

BOULDER, Colo. (BRAIN) — The Outdoor Industry Association has sent a letter to President Donald Trump and trade officials, urging them to finish trade negotiations with China and lift recently imposed and proposed tariffs on Chinese imports. 

Tagged Tariffs

PHILADELPHIA (BRAIN) — Steven Fairchild, who has worked for the Fuji brand for a total of 27 years, is leaving the company. The veteran product manager said Wednesday was his last day with Advanced Sports, Inc., Fuji's owner. He said he would announce a new position soon.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions has appointed Sally Shankland to the position of president and CEO.

NEW YORK (BRAIN) — Citi Bike will be without its electric bike fleet this summer as its model redesign takes longer than expected.

BRAIN visited Greenfield's factory in 2012.

FREEPORT, N.Y. (BRAIN) — The U.S. bike industry has largely become an importing industry, but some remaining U.S. manufacturers said they welcome the recent tariff increase on Chinese imports.

Tagged Tariffs
UPDATED.

WASHINGTON (BRAIN) — It will take just a few short weeks before the U.S. bike market sees significant wholesale and retail price increases on bikes, parts and accessories due to the long-delayed 25% tariff on Chinese imports, which finally took effect Friday morning.

Tagged Tariffs
Dorel says increased IBD sales challenge the industry's negative trend.

MONTRÉAL (BRAIN) — Dorel Industries saw sales growth in the specialty bicycle market in the first fiscal quarter this year, the company reported Friday. Dorel's Cycling Sports Group offers the Cannondale and GT brands in the IBD market.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Darrell Denny is departing Emerald Expositions, where he has been an executive vice president overseeing the company's sports and e-commerce trade shows, including Outdoor Retailer and Interbike. Denny's last day at the company will be May 24.

ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses. 

Tagged Mergers & Acquisitions / Earnings/Financial Reports
UPDATED.

DAYTON, Ohio (BRAIN) — Bill Smith, the recently retired president and CEO of Huffy Corp., has died, the company has confirmed.

WASHINGTON (BRAIN) —If nothing changes very soon, a 25% tariff will hit most bike products imported to the US from China, starting at 12:05 a.m. Friday.

One bike importer said he’s already seeing the extra fees appear on documents for shipments arriving next week.

Tagged Tariffs

SHANGHAI, China (BRAIN) — At the China Cycle show being held here this week, the folding bike brand Dahon has announced an expanded initiative to license some of its intellectual property to other bike makers. 

Tagged Tradeshows and conferences

DURANGO, Colo. (BRAIN) — In the latest Channel Mastery podcast series devoted to change in the bike industry, host Kristin Carpenter is joined by Ashley Korenblat, the founder of Outerbike.

Tagged Consumer Expos and Rides

NILES, Ill. (BRAIN) — Frank Peter Brilando, a designer and engineer with Schwinn Bicycles for four decades and a two-time cycling Olympian, died Sunday in Niles, Illinois.

Kip Fyfe (left) and Andrew Buckrell.

COCHRANE, Alberta (BRAIN)  –  Cycling power meter and heart-rate monitor company 4iiii Innovations Inc. expanded its performance-measuring portfolio with the acquisition of STAC Performance indoor trainers.

Tagged Mergers & Acquisitions
Updated with comments from Greg LeMond and Dannie Nall.
Della Santa with an award-winning frame at the 2009 NAHBS.

RENO, Nev. (BRAIN) — Noted framebuilder Roland Della Santa, known for his custom steel frames made for racers and collectors including a young Greg LeMond, died this weekend, friends say.

Wikicommons photo by 500px.com/jasonknauer

BOULDER, Colo. (BRAIN) — President Donald Trump on Sunday said he would increase the punitive tariffs on some Chinese goods, including bikes and bike products, from 10% to 25% on Friday. Trump repeated the promise Monday morning, even as the news rattled international stock markets.

Tagged Tariffs

BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association has named Steve Matous its new president, effective May 20.

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