north

Shimano sales off to a strong start in 2018

OSAKA, Japan (BRAIN) — Shimano said a mild economic expansion in Europe, a buoyant labor market in North America, and a moderate recovery Japan contributed to a 5.1 percent net sales increase in its bicycle division in the opening quarter of 2018, compared to the same period last year. The bike division notched sales of 68 billion yen ($626 million) in the quarter. Operating income for the division increased 5.5 percent over the prior year, to 14.8 billion yen.  “In the U.S., consumer sentiment was strong, driven by the buoyant labor market, and business conditions turned firmer, mainly in the manufacturing sector,” the company said in its quarterly report Tuesday.

BMC Switzerland hires Ryan Cleek as North American marketing manager

SAN DIEGO (BRAIN) — BMC Switzerland has hired Ryan Cleek as the North American marketing manager.

Sea Otter 2018: Brands return after absence; e-MTBs make their mark

MONTEREY, Calif. (BRAIN) — The Sea Otter Classic opened Thursday with an expo that includes more than 500 booths representing nearly 900 brands and covering 165,000 square feet of space at Laguna Seca Raceway

Arizona Legislature passes e-bike bill

MONTEREY, Calif. (BRAIN) — Arizona will become the ninth state in three years to enact the industry’s model e-bike legislation if, as expected, Gov

ANA adds Haibike to its omnichannel program with launch of e-commerce site in US

SIMI VALLEY, Calif. (BRAIN) — Accell North America has added its Haibike e-bike brand to its omnichannel program with the launch of an e-commerce site for the brand

Marin and Hawley-Lambert form sales partnership

MONTEREY, Calif. (BRAIN) — Marin Mountain Bikes, Inc., and Hawley-Lambert have announced a new sales partnership for all IBD sales in the U.S. Hawley-Lambert sale reps are now representing the Marin brand, while Marin will continue to stock bicycles at its warehouses in Southern California and New Jersey, maintain some of its regional sales reps, and continue to handle fulfillment, credit programs, warranty and other functions

MRP hires Rob Aguero as manager of sales and business development

GRAND JUNCTION, Colo. (BRAIN) — Mountain Racing Products has hired industry veteran Rob Aguero to its sales team.

Italian Pavilion returns to Sea Otter expo, highlighting nation’s brands

Editor’s note: This article appears in the festival guide for this year’s Sea Otter Classic, which starts Thursday and runs through Sunday.

Free-Flite Bicycles to celebrate 40th anniversary this weekend

MARIETTA, Ga. (BRAIN) — Retailer Free-Flite Bicycles will mark its 40th anniversary serving the Atlanta metro region with a celebration and open house this Sunday, April 8, at its Marietta location

Mavic’s Larry Burke leaves company to take a VP sales role at Polartec

BOSTON (BRAIN) — Larry Burke, an 18-year veteran at Mavic, has had a front-row seat during some of the most tumultuous changes in the global wheel business.