News

Posted August 6, 2015
UPDATED: Dorel exec responds to question about online sales

NEWBURY PARK, Calif. (BRAIN) — Days after Trek Bicycle announced a plan to sell bikes online, Giant USA told dealers that it is studying a similar "Click and Collect" program in the U.S., but said it has not made a decision about going forward with the plan.

Posted August 6, 2015
Velo nominates Froome, Wiggins and Sagan for IB Athlete Awards.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced the final round of nominees for the 2015 Interbike Awards for Athlete designations.

Editors from Velo magazine selected the top athlete nominees in six different categories representing the majority of cycling disciplines.

Posted August 6, 2015
UPDATE with retail prices and frame details.

WILTON, Conn. (BRAIN) — After months of teases in the media, Cannondale on Thursday released details of its Slate bike, a 650b road bike with a short travel Lefty fork.

The Slate will be available in October in three models, the company said.

Posted August 6, 2015
Decline in sales in Europe and North America, and foreign exchange losses impact earnings.

MONTREAL (BRAIN) — Dorel Industries reported that second-quarter revenue for its bike business, Dorel Sports, was down $35.2 million or 12.3 percent compared to the same quarter last year. Revenue totaled $251.1 million compared to last year's $286.2 million for the segment.

Posted August 6, 2015

VENTURA, Calif. (BRAIN) —New distributor Zeitbike has hired Dennis Ocondi as sales representative for the state of Washington.

Posted August 6, 2015

IRVINE, Calif. (BRAIN) — Felt Bicycles has announced the addition of four new employees.

Posted August 5, 2015

MADISON, Wis. (BRAIN) — In a first for a major U.S. bike brand, Trek Bicycle will begin sales of complete bikes to consumers via its website in late September. Bikes will be shipped to the brand's retailers — not direct to consumers — for assembly, and retailers will receive a service commission on each sale.

Posted August 5, 2015
Easton and Race Face sales contribute to increase; company raises its fiscal year guidance.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said Wednesday that its sales in the first half of its fiscal year were up 15.8 percent, to $165 million.

Posted August 5, 2015

CHATTANOOGA, Tenn. (BRAIN) — Lynskey Performance Designs has hired Randy Finnell as the company's new director of sales.

Posted August 4, 2015

LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer has extended the submission deadlines for new products to be featured in the three editions of the Interbike Show Dailies, distributed at the expo, and for BRAIN’s expanded Interbike show issue (Oct. 1 cover date this year).

Posted August 4, 2015

PORTLAND, Ore. (BRAIN) — Smith has hired action sports industry veteran Tim Weisser as West Coast sales manager for sports/outdoor lifestyle and Benny Cruickshank as sports channel communications manager.

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