News
MUNICH, Germany (BRAIN)—Messe München International has brought back its Bike Expo show for a second year, this time with more industry backing and new events.
ALBUQUERQUE, N.M. (BRAIN)—Mike Olson has expanded his successful San Diego Trek Bicycle Superstore chain to Albuquerque, New Mexico.
LAGUNA HILLS, CA (BRAIN)—It’s hard to believe but Interbike is just around the corner. And this year, for the second time, Bicycle Retailer & Industry News will announce its Top 100 Retailers for 2010 at the industry’s leading North American trade show.
WASHINGTON, D.C. (BRAIN)—The House of Representatives passed a miscellaneous tariffs bill on Wednesday that would extend temporary duty suspensions on bicycle tubing, speedometers, road and hydraulic disc brakes and certain rims and cranks.
DAVIS, CA (BRAIN)—The U.S. Bicycling Hall of Fame will be the beneficiary of a live auction fundraiser at Lifeboat Event’s DealerCamp later this month.
TRENTON, NJ (BRAIN)—Dana Carson, managing director of Hutchinson North America, is stepping down on August 5 for a new position in the industry.
PHOENIX, AZ (BRAIN)—Brandee Lepak is bringing women in Arizona a race of their own.
Lepak is working with race promoter DCB Extreme Adventures to bring the first women’s-only mountain bike race to Arizona.
CORTEZ, CO (BRAIN)—Osprey Packs has hired Jeff Fox to the newly formed position of bike marketing manager. This news comes on the heels of the recently announced expansion of the Osprey sales force to service the IBD channel.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike is hosting four lounges on the show floor of its International Bicycle Expo 2010.
CARLSBAD, CA (BRAIN)—Haro and Masi launched their 2011 bikes to the press yesterday at the Sheraton Carlsbad, as both brands had different points of emphasis to stress.
For Haro it’s back to the future, as the company looks to reintroduce its “Dare to be Different” slogan.
Got opinions on best business practices? If so, you may be a good fit for BRAIN’s State of Retail panel. We are currently recruiting a new crop of retailers to sit on the next panel. The commitment starts with the October issue and lasts for one year (18 issues). The first answer will be due in late August.
One CEO of a top-ten bike brand tells me that as a very rough estimate, he thinks financing in all its various elements ends up representing as much as 10% of his wholesale pricing. 10% of the approximately half of all BPSA bikes pre-seasoned last year means cyclists (consumers) ended up paying almost $125 million (at retail) to support wholesale finance costs in 2009.
"To be good at this you have to be both good on your bike, and also have an understanding of athletics in general. You see a lot of hockey players, lacrosse and soccer players. It's a mix of what we jokingly call 'bike jocks.'"
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