Industry News

The company said COVID-19 will likely affect its first quarter performance.
The cover of Dorel Sports' 2019 Product Portfolio

MONTRÉAL (BRAIN) — Dorel Sports is reporting flat revenues in the fourth quarter and 2.9% growth for the full year 2019. Dorel Sports is the parent of Cycling Sports Group, Pacific Cycle Group and Caloi. Its bike brands include Cannondale, GT, Fabric and Guru Cycling.

Tagged Earnings/Financial Reports
Our PR friends plan virtual trade shows, regional media gatherings and other substitutes.
REVEAL will be streamed from Camp Navarro. Virtual canoeing not included.

SAN FRANCISCO (BRAIN) — With the Sea Otter Classic shifted from April to October, brands are coming up with new product launch plans. Among the more ambitious approaches: a live-streaming global media conference planned by ECHOS Communications.

Tagged Coronavirus / Media/Publishing / Sea Otter Classic / Tradeshows and conferences
Elaine Tierney models an early version of her cycling jersey.

SHARPSBURG, Pa. (BRAIN) — Mountain Bike Hall of Famer and Dirt Rag co-founder Elaine Tierney launched a GoFundMe campaign Tuesday to bring a line of bike, yoga and hiking clothes to the market.

BOULDER, Colo. (BRAIN) — PeopleForBikes entered 2020 with momentum toward eventually getting universal e-bike legislation passed in every state.

Tagged Electric bike / From the Magazine

MONTEREY, Calif. (BRAIN) — The 2020 Sea Otter Classic will be held here the first weekend in October, organizers announced Tuesday. The event had originally been scheduled for April but was postponed due to COVID-19 concerns. 

Tagged Coronavirus / Sea Otter Classic

BROOKLYN, N.Y. (BRAIN) — An Astoria, N.Y. man who is legally blind is the lead plaintiff in a class action lawsuit filed against Louis Garneau USA. The suit alleges the Vermont-based company's website is not compliant with the Americans With Disabilities Act.

BALTIMORE (BRAIN) — The League of American Bicyclists has canceled its National Bike Summit, which had been scheduled for March 15-17, because of COVID-19 concerns.

Tagged Coronavirus
Dick's Sporting Goods' net sales increased 4.7% for the fourth quarter.

PITTSBURGH (BRAIN) — Net sales at Dick's Sporting Goods increased 4.7% for the fourth quarter, compared to the same time last year, and 3.7% for 2019.

Fourth-quarter net sales were $2.61 billion for the period ending Feb. 1. For 2019, net sales were $8.8 billion, compared to $8.4 billion for 2018.

Tagged Earnings/Financial Reports

ASHEVILLE, N.C. (BRAIN) — The Peak Content Summit, a content marketing and strategy conference, is scheduled to start Wednesday despite the rash of industry show postponements because of the growing COVID-19 threat.

Tagged Coronavirus / Tradeshows and conferences

RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS Bicycles is back to normal following a system hacking that started about two weeks ago.

Event set now for Aug. 7-9

BENTONVILLE, Ark. (BRAIN) — The Bentonville Bike Fest has been moved from May to August because of health concerns and travel restrictions created by COVID-19.

The three-day event was scheduled for May 1-3 and now will be held Aug. 7-9.

Tagged Coronavirus / Consumer Expos and Rides

NEWBURY PARK, Calif. (BRAIN) — Say hello to Giant Group.

JANESVILLE, Wis. (BRAIN) — LeMans Corp., one of the largest powersport parts and accessory distributors in the world, will soon be offering Intense's new Tazer MX electric mountain bikes to its dealers.

Tagged Distributor news / Electric bike

MONTRÉAL (BRAIN) — Louis Garneau Sports, Inc. has more than 500 listed creditors, owed a total of $24 million. They include Chinese factories, Canadian banks, employees, athletes and even the company's own U.S. subsidiary.

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products notified registrants Friday that a Service Summit tech education event has been canceled because of COVID-19 concerns.

Tagged Coronavirus / Retailer education / Tradeshows and conferences

DURANGO, Colo. (BRAIN) — The Channel Mastery podcast is offering a special episode created to help speciality outdoor sports businesses support crisis communications during the COVID-19 virus crisis.

Tagged Coronavirus / Podcast
Company says it's seen little impact from COVID-19.

BRASELTON, Ga. (BRAIN) — Fox Factory's sales in the bike market continue steady growth, up 11.3% in the fourth quarter and 6.3% for the full year. Full year sales were $299 million in the bike market, where the company sells products under the Fox, Marzocchi, Race Face and Easton brands.

Tagged Coronavirus / Electric bike / Earnings/Financial Reports
A scene from last month's CABDA Midwest show near Chicago.

CHICAGO (BRAIN) — CABDA show director Jim Kersten said next week's CABDA East trade show in New Jersey is going ahead as planned, even after at least 11 exhibitors have told him they plan to pull out. The show originally had 156 registered exhibitors.

Tagged Coronavirus / Tradeshows and conferences / CABDA
The company says frame sales have declined by almost half in the last year.

SAINT-JEAN-DE-MOIRANS, France (BRAIN) — France's Rossignol Group, which owns Rossignol Bike, Time Sport and Felt Bicycle, says it is considering big changes to the Time frame business and its remaining frame factory in Slovakia.

Youth cycling gets a boost from The Pro's Closet.

BOULDER, Colo. (BRAIN) — The Pro's Closet is now an official supplier to USA Cycling, offering bikes and gear at reduced prices with an eye on growing youth cycling.

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