News
OSAKA, Japan (BRAIN)—Shimano’s sales fell to $2.07 billion (186.7 billion Yen) in 2009, down 21 percent from sales of $2.61 billion (235.14 billion Yen) in 2008 and down from its 2007 sales of $2.35 billion (211.77 billion Yen).

ALEXANDRIA, VA (BRAIN)—Snowmageddon, Snowpocalypse, call it what you will—many east coast and southern retailers have never been rocked by winter’s white teeth like this before.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike and the Health and Fitness Business Expo (HFB) will converge in Las Vegas in September. Nielsen Business Media, parent company of both trade shows, has decided to co-locate the shows this year.
LEXINGTON, SC (BRAIN)—The Hawley Company unveiled its new Web site this week. The site has been in development for over a year and contains many new features designed to make life easier for dealers.
IRVINE, CA (BRAIN)—Felt Bicycles has partnered with Garmin on an exclusive new promotion being offered to Felt retailers.
BETHEL, CT (BRAIN)—Dorel Recreational/Leisure (R/L), a division of Dorel Industries, has appointed Andrew Coccari its new global chief marketing officer.
Coccari joins the organization from Honeywell where he was global head of marketing.

"Summers come and gone
And the winter needs a song
And I guess I keep movin' along with the ride that I have in my head
Ride that I have in my head"
—Blind Melon

SAN RAFAEL, CA (BRAIN)—Trips for Kids' (TFK) "Brews, Bikes and Bucks" raffle event will take place Sunday, February 21, at the Broken Drum Brewery in San Rafael, California, from 2 p.m. to 6 p.m.
BERKELEY, CA (BRAIN)—SRAM has signed a three-year sponsorship agreement to be an establishing partner with the National Interscholastic Cycling Association (NICA).
EVANSTON, IL (BRAIN)—Lake Cycling will be moving its design, manufacturing and logistics, marketing, administrative and international sales office to a new building as of Monday, February 15. The new address is one block away at:
1515 Sherman Ave
2 SW Suite
Evanston, IL, 60201
BOISE, ID (BRAIN)—After a transition period over the past three months, Kate Nelson has taken the lead of Io DuPont’s Power Cordz as company founder Tony DuPont focuses on research and development.
MORGAN HILL, CA (BRAIN)—Starting with the 2011 model year, Specialized Bicycles will assume direct distribution to Australian and New Zealand markets in order to foster even stronger support for the regions’ independent dealers.