COLORADO SPRINGS, Colo. (BRAIN) — U.S. visitors to European-based e-commerce sites like Wiggle and Chain Reaction have seen something new when they searched for SRAM products in recent months: nothing. The Chicago-based brand has developed policies that prevent those and some other offshore sites from selling into the U.S. market as part of an overall …
POOLE, United Kingdom (BRAIN) — Muc-Off is claiming its sales grew 32 percent in the last year, on the strength of an expanded product line, international sales growth and sponsorship of major pro cyclists including Team Sky, British Cycling and Trek Factory Racing. The family-owned company did not release actual sales figures. Alex Trimnell, Muc-Off’s CEO, …
Germany's show is asking exhibitors to vote on the length of its 2018 event. FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike show are asking its exhibitors to vote on the length of its 2018 event. The show will be held in July for the first time that year, moving up from its traditional timing in …
OLATHE, Kan. (BRAIN) — Garmin Ltd.’s third quarter results beat Wall Street expectations, with revenue of $722 million for the period, 6 percent over the same period last year. The company’s fitness, outdoor, marine and aviation divisions collectively grew 24 percent and made up 70 percent of total revenue; revenue from Garmin’s auto business declined 21 …
OSAKA, Japan (BRAIN) — Shimano pointed to weak sales in Southeast Asia, Japan, China and South America as contributors to another steep decline in bike product sales. The company’s sales through the first nine months of this year were down 18.8 percent according to figures released this week. Operating income for the company’s bike-related businesses …
Shimano’s bike business sales down 19 percent this year Read More »
Three-year agreement includes apparel, helmets and eyewear. PARK CITY, Utah (BRAIN) — POC will become the apparel sponsor for the Cannondale-Drapac Pro Cycling Team next year. The brand has been the team’s eyewear and helmet sponsor since 2004. “We are excited about the future and building on our partnership with the Cannondale-Drapac Pro Cycling Team, especially …
POC extends sponsorship of Cannondale-Drapac team Read More »
HUNTINGTON BEACH, Calif. (BRAIN)—Two men long known among Southern California fans of custom beach cruisers have joined forces to launch B&H Retired Cycles and will offer dealers a line they call HB Cruisers. Robert Belyea, creator of the original “stretch” cruiser, and Gary Hoisington, a long-time custom cruiser and chopper designer, will take their combined …
Two cruiser crusaders launch custom cruiser company Read More »
BOULDER, Colo. (BRAIN) — Stages Cycling has hired Dan Knisely as sales director for the Americas. Knisely will start with Stages Cycling in the beginning of November and will be replacing Will Grossman, who has been promoted and will transfer to Stage’s indoor and commercial cycling business. “Dan is the consummate sales professional,” said Bernie Doering, …
Stages Cycling hires Dan Knisely as sales director for the Americas Read More »
RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS Bicycles, the exclusive United States distributor of Bryton GPS cycling computers, has just launched an employee purchase program for all U.S. bicycle industry employees. “We’re very excited to be working with Bryton on this program,” said Wayne D. Gray, KHS’s vice president of marketing. “This will be a great way …
KHS Bicycles launches industry purchase program for Bryton GPS computers Read More »
MADISON, Wis. (BRAIN) — Saris Cycling Group is expanding its portfolio of bicycle infrastructure products with the acquisition of Bike Fixtation. Bike Fixtation is a Minneapolis company that makes repair stations, public air pumps, bicycle wash stations, vending machines for cycling-related items and bicycle signage. “When you look at the category of bike infrastructure, you look …