Supply chain

Posted August 9, 2021
The company's bicycle-product division just recorded its sixth consecutive record sales quarter.
A slide from Fox's Q2 investor presentation.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory's sales in its Speciality Sports Group, its bicycle-product division, were up 64% in the second fiscal quarter and 73% for the first half, compared to the same periods last year.

Posted July 27, 2021
Company makes little mention of supply challenges in its half-year report; raises full-year sales and income forecasts.

OSAKA, Japan (BRAIN) — Shimano only briefly mentioned the global bicycle part shortages in a typically terse first-half financial results announcement, which reported that sales in its bicycle product division were up 73.4% in the first half of its fiscal year, compared to the same period in 2020.

Posted July 20, 2021

OSAKA, Japan (BRAIN) — Shimano has re-opened its factory in Malaysia, according to a report out of Europe. The company's factory there had been closed since about June 14, and had operated at 60% capacity for two weeks before that, due to the COVID-19 pandemic.

Posted July 13, 2021
The MV Eemslift Nadine arriving at the Port of Everett on Monday. Photo: Leland Dart

EVERETT, Wash. (BRAIN) — Like all bike companies, Rad Power has struggled to deliver enough bikes to meet demand for the last year and a half. But the Seattle-based consumer-direct powerhouse recently trimmed weeks off the transit time for its e-bikes by using an alternative seaport.

Posted July 12, 2021
Shimano's Singapore offices.

OSAKA, Japan (BRAIN) — An Asian news source is reporting that Shimano plans to invest $179 million to build a new plant in Singapore that will open next year.

Posted June 22, 2021
The Intense 951.

TEMECULA, Calif. (BRAIN) — Intense Cycles is launching a new series of bikes that is being sold through multiple channels, including consumer-direct, IBD, and through Costco.com. 

Posted June 15, 2021

While the rest of the market is scrambling for product, the e-bike sector just keeps on growing. And that's a good thing for the IBD.

Posted June 14, 2021

2021 is truly a supply chain nightmare, but that doesn’t mean the American Bicycle Business cannot quickly learn and adapt.

Posted June 10, 2021
Kent Bicycle's factory in Malaysia is also closed.
2007 BRAIN photo by Matt Wiebe.

OSAKA, Japan (BRAIN) — Shimano's factory in Malaysia will be completely closed until at least June 14 due to an official COVID-19 mandate. Since June 1, the factory had been allowed to operate at 60% capacity.

Posted June 9, 2021

WASHINGTON (BRAIN) — The surge in bike imports continues and monthly tire imports exceeded $10 million for the first time in ... maybe forever.

Posted May 5, 2021

WASHINGTON (BRAIN) — Figures released Wednesday show the industry received a surge of parts from overseas in March. Monthly imports of derailleurs, pedals, saddles, and other parts were at their highest level in at least 14 months, in some cases by large margins.

Posted April 26, 2021
Organizers cancel four other events because of demo bike shortage.

MOAB, Utah (BRAIN) — Outerbike announced Monday it will hold two events this year and canceled four others this summer because of a demo bike shortage.

Posted April 12, 2021

The industry is in an unprecedented scramble for more product. But be careful what you wish for.

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