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MADISON, WI (BRAIN)—Trek is showing a greater commitment to the transportation bike category with a slew of new urban, city and commuter offerings for 2010. For the upcoming year the company has also focused on hitting key price points to cater to a changing consumer mindset.

MONTREAL, Quebec (BRAIN)—The chief executive officer of Dorel Industries said on Wednesday that the company would sell Iron Horse branded bicycles in the sporting goods channel starting next year.

Tagged Earnings/Financial Reports

VANCOUVER, British Columbia (BRAIN)—Sugoi Performance Apparel has hired Andrew Coutant as its new vice president of design and development.

Tagged People

"With my endurance you don't stand a chance/
My cardiovascular fitness level is right up there with Lance."

—MC SpandX. Click on link for a video that you probably won't see airing on MTV anytime soon.

BETHESDA, MD (BRAIN)—Children’s bicycles and accessories manufactured after Friday must be shipped with a tracking label in order to make the product’s origin more apparent to consumers, according to a standard in the Consumer Product Safety Information Act.

PHILADELPHIA, PA (BRAIN)—Strong sales gains during the first quarter were erased as sales fell by 2 percent through June, and shipments lagged 8 percent, according to the Bicycle Product Suppliers Association (BPSA) June sales report.

Tagged Earnings/Financial Reports

PORTLAND, OR (BRAIN)—UK folding bike manufacturer Brompton Bicycle has established a subsidiary in the United States led by industry veteran Ed Rae. He will work from his home office in Portland, Oregon.

SCHILLER PARK, IL (BRAIN)—LeMond Fitness and distributor Life Fitness have settled all outstanding disputes and litigation. Under the terms of the resolution, Life Fitness will continue to sell the RevMaster group exercise bike and provide service and support for customers.

Tagged Distributor news

TAIPEI, Taiwan (BRAIN)—Initial reports from Taiwan indicate that the island’s bicycle industry escaped relatively unscathed as Typhoon Morakot swept over the island this weekend.

WESTPORT, CT (BRAIN)—Fox Racing Shox saw a sales decline in the first half of the year as OEM suspension business slowed amid the economic downturn.

Compass Diversified Holdings, parent company of Fox, spoke about Fox’s performance during a conference call with analysts on Monday morning.

Tagged Earnings/Financial Reports

TAIPEI, Taiwan (BRAIN)—Sales data for the month of July for three of Taiwan’s largest bicycle manufacturers is a mix of news, according to data from the Taiwan Stock Exchange.

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN)—Shimano felt the pinch from the global economic recession in the first half of 2009 as a sharp drop in personal consumption led to lackluster sales in both the bicycle components and fishing divisions.

Tagged Earnings/Financial Reports

BRAIN is recruiting retailers to sit on our State of Retail panel for the 2009/2010 year. Panelists are asked to weigh in on a range of topics pertaining to their business, the state of the industry, etc. and the responses are printed in each edition of the magazine.

MANCHESTER, NH (BRAIN)—Based on dealer feedback that many are still concerned about their inventory levels, The Bike Cooperative (TBC) has launched an aggressive promotion that will provide members with an opportunity to reduce inventory, increase their average sale, and send emails to their customers, all at no cos

WEST CONSHOHOCKEN, PA (BRAIN)—A Workshop on ASTM Standards on Trial: The Impact of the Absence of Standards on Product Liability Litigation in a Mock Trial (Commotio Cordis in the Courtroom), will be held Tuesday, Nov. 10, 2009, from 1 p.m. to 4:30 p.m.

Tagged Events

TORONTO, Ontario (BRAIN)—The Bicycle Trade Association of Canada (BTAC) has awarded grants to four recipients, totaling $17,000.

Tagged Advocacy/Non-profits

CRESTED BUTTE, CO (BRAIN)—The 2009 inductees to the Mountain Bike Hall of Fame include Anne-Caroline Chausson (Racing History), Colorado Plateau Mountain Bike Assocation (Advocacy), The Larkspur Canyon Gang (Pioneers) and Dave Garoutte (Pioneers).

Tagged Events

"Okay, New Rule: If you need a study to tell you that texting while driving is dangerous, I have three letters for you."

—Bill Maher

BETHEL, CT (BRAIN)—Dorel Industries’ Recreational/Leisure segment has appointed Mario Stein as vice president for Cycling Sports Group (CSG) Asia.

Tagged People

HELSINKI, Finland (BRAIN)—Mavic’s sales declined 15 percent in local currencies for the first six months of the year, according to earnings report released Thursday by Mavic’s parent company, Amer Sports.

Tagged Earnings/Financial Reports


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