Industry News
CARLSBAD, Calif. (BRAIN) — Spy Inc. reported this week that third-quarter sales rose 8.1 percent to $11 million, driven by strong sales of goggles and prescription frames. Income from operations increased by $100,000 to $600,000 in the quarter, compared with $500,000 a year earlier.
BOULDER, Colo. (BRAIN) — Supporters are planning an event with a silent auction this month to raise funds for Adelaide Perr, a Boulder-based race organizer and SmartEtailing employee who was seriously injured when she collided with a car while training for a triathlon.
IRVINE, Calif. (BRAIN) — Felt Bicycles has hired industry veteran Robert Kahler as its new lifestyle brand manager and has promoted Scott Matsuda from dealer support to the brand's product development department.
ALLENTOWN, Pa. (BRAIN) – Fewer shoppers are visiting bike shops, according to The Gluskin Townley Group, an industry research firm.
MONTREAL (BRAIN) — Dorel Industries posted yet another quarter of positive growth in its bike business.
SAN DIEGO (BRAIN) — Jim Sayer, Adventure Cycling Association's executive director, said bicycle tourism in the U.S. and internationally has become more prominent, more lucrative and is rapidly changing to meet consumer demand.
PORTLAND, Ore. (BRAIN) — BikeFlights.com has brought on board Sue George to further develop and manage the bike shipping company's global communications and marketing.
The five-year-old company said it hired George to guide its communications and marketing initiatives worldwide.
LONDON (BRAIN) — Investcorp has agreed to buy Dainese, the Italian protective gear maker, from Lino Dainese for €130 million ($162 million). Mr. Dainese will retain a minority stake in the business alongside Investcorp.
BOULDER, Colo. (BRAIN) — Polar Bottle's parent company, Product Architects, Inc., has created and filled two new positions in its operations department.
Ken Austin joins the Boulder-based company as director of operations and Tracy Lindsey becomes the company's first purchasing agent.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Kenji Haroutunian, Outdoor Retailer’s veteran show director, has been let go by Emerald Expositions, Haroutunian told BRAIN on Wednesday.
LAGUNA HILLS, Calif. (BRAIN) — Is Detroit now a biking city?
Maybe not quite, but on a recent visit to the Motor City, BRAIN's Val Vanderpool found a surprisingly vibrant bike scene, with well attended group rides, thriving retail operations and a growing array of industry suppliers.
SAN DIEGO (BRAIN) — The National Bicycle Tourism Conference begins a three-day series of seminars Thursday that takes a look at the growing interest in bicycle tourism and organized event rides.
TAICHUNG, Taiwan (BRAIN) — Walk into the Splendor Hotel, and it is hard to believe that Taichung Bike Week organizer Steve Fenton promised last year to cut the show back in size. The show is almost a third larger this year, yet the 430 exhibitors say the intimate feel of the event remains intact.
LAKE FOREST, Calif. (BRAIN) — Torcano Industries has become the exclusive U.S. distributor for Funkier Bike Apparel.
"We at Funkier Bike Apparel are very pleased to partner with an innovative, passionate partner in Torcano Industries," said Kevin Tuttle, Funkier USA director.
SAN DIEGO (BRAIN) — Aerodynamic triathlon accessory company XLAB has hired Anthony Thomas to lead sales and distribution efforts. As global sales manager, Thomas will focus on market analysis, brand positioning, and strategy execution, the company said.
SCOTTS VALLEY, Calif. (BRAIN) — Giro Sport Design has promoted two veterans and added one new hire in its marketing department.
OSAKA, Japan (BRAIN) — When the Bank of Japan announced a massive new stimulus program Friday, world stock markets jumped and the yen dropped to its lowest point since early 2008. But the news is unlikely to change Shimano Inc.’s financial forecast for the remainder of the year.
EUGENE, Ore. (BRAIN) — Rolf Prima has launched a new website, www.rolfprima.com, featuring a fresh look and new tools designed to better direct customers to their ideal wheel.
WASHINGTON (BRAIN) — Almost 143 million Americans, or 49.2 percent of the U.S. population, participated in an outdoor activity at least once in 2013, according to the Outdoor Foundation’s 2014 Outdoor Recreation Participation Report.
LANSING, Mich. (BRAIN) — The League of Michigan Bicyclists (LMB) has named John Lindenmayer executive director as current leader Rich Moeller will retire after nine years with the advocacy group. Lindenmayer, LMB’s advocacy and policy director, assumes the new post Jan. 1, 2015.