High inventory remains a concern BOULDER, CO (BRAIN) — Supplier sales remained down through April compared to last year but suppliers regained some ground from the first quarter, according to the BPSA Topline for Cycling RetailTRAK from Leisure Trends Group. Inventory remains an ongoing concern, with supplier inventory up 54 percent in dollars and 63 percent in units in April.
BOULDER, CO (BRAIN) — Below normal temperatures and the 10 th largest March snow coverage on record sent IBD sales into a deep freeze compared to an unusually warm and record-setting March last year, according to March retail sell-through data from Leisure Trends Group. All retail merchandise sales in March totaled $247 million, a significant 23 percent drop. Units fell a near equal 24 percent while average retail-selling prices eked out a modest 1 percent gain.
BOULDER, CO (BRAIN) — Training with power remains one of the most elite market niches in cycling: so expensive that even some ProTour teams limit their riders’ access to power meters, keeping them under lock and key and lending them out for limited tests. In the retail marketplace, few parts categories, except perhaps carbon wheels, have as high an average price as power meters, which until recently started at roughly $1,000
MONTEREY, CA (BRAIN) — Both the Bicycle Leadership Conference and IBD Summit wrapped up in downtown Monterey on Thursday after packed schedules of programming and several opportunities for attendees of both events to interact with each other ahead of the weekend’s Sea Otter Classic, held at the nearby Laguna Seca Raceway. Be sure to grab the May 15 issue of BRAIN for our in-depth coverage. In the meantime, check out our gallery below: From left: Giant Global’s Tony Lo and Giant USA’s Elysa Walk and John “JT” Thompson take a break between presentations at the Bicycle Leadership Conference
BOULDER, CO (BRAIN) — Retail sales are trending down through the first quarter this year compared to last year but that’s no reason for suppliers to panic, JJ Rudman, retail analyst for Leisure Trends Group, told attendees on a webinar yesterday. Anecdotally, three-quarters of retailers on the Leisure Trends Cycling panel indicated their sales were down compared to the first quarter last year
BOULDER, CO (BRAIN) — Retail sales are trending down through the first quarter this year compared to last year but that’s no reason for suppliers to panic, JJ Rudman, retail analyst for Leisure Trends Group, told attendees on a webinar yesterday. Anecdotally, three-quarters of retailers on the Leisure Trends Cycling panel indicated their sales were down compared to the first quarter last year
BOULDER, CO (BRAIN) — Thanks to 2012’s unseasonably warm winter, IBD sales suffered from unfavorable year-ago comparisons this February but showed strength when viewed against the more realistic 2011 period, according to data from research firm Leisure Trends Group.
BOULDER, CO (BRAIN) — Sales got off to a slow start at independent bicycle dealers this year. While total dollar sales held steady at $145 million, unit sales slipped 2 percent in January, according to sell-through data from Leisure Trends Group. Complete bike sales were down in units (4 percent) and dollars (5 percent), with sales totaling $63 million
SEAL BEACH, CA (BRAIN) — Two and a half years ago Brian Ballard bought his first Pedego electric bike. He and life partner Elizabeth Black have enjoyed owning and riding their bikes so much that the couple invested in opening a Pedego e-bike store along Pacific Coast Highway in this beachside, retirement community south of Long Beach
SEAL BEACH, CA (BRAIN) — Two and a half years ago Brian Ballard bought his first Pedego electric bike. He and life partner Elizabeth Black have enjoyed owning and riding their bikes so much that the couple invested in opening a Pedego e-bike store along Pacific Coast Highway in this beachside, retirement community south of Long Beach. The shop held its grand opening and ribbon cutting, attended by the city’s mayor and representatives from the local chamber of commerce, Saturday.