sales

Changes at BH Bikes/Easy Motion USA as Caryle Walker is named president

Greg Ford is promoted to national sales manager.

GT Bicycles sponsors Whistler Mountain Bike Park

WILTON, Conn. (BRAIN) — GT Bicycles is the new sponsor of Whistler Mountain Bike Park, in Whistler, British Columbia and will supply frames for all bikes including rental, retail, and programs at the park.  “GT is all about the business of having fun on two wheels, and to do so in Whistler, with some of the world’s best trails, is incredible,” Mike Marro, GT’s global senior brand manager.

GT Bicycles sponsors Whistler Mountain Bike Park

WILTON, Conn. (BRAIN) — GT Bicycles is the new sponsor of Whistler Mountain Bike Park, in Whistler, British Columbia and will supply frames for all bikes including rental, retail, and programs at the park.  “GT is all about the business of having fun on two wheels, and to do so in Whistler, with some of the world’s best trails, is incredible,” Mike Marro, GT’s global senior brand manager. “This partnership gives us a unique opportunity to connect with the gravity community and get more riders on GT bikes.” GT’s rental fleet will consist of over 300 Furys as the downhill option and nearly 200 Sanctions and Forces as the all-mountain/enduro options

Dorel sees bike revenue dip but operating profit surge in Q1

MONTREAL (BRAIN) — Dorel Inc.’s bike division on Friday reported a drop in first-quarter revenue but said operating profit almost doubled to $10.1 million as margins improved and the division’s restructuring, including a 4 percent workforce reduction, reaped benefits.  “Dorel Sports has been working to develop a clearer strategic focus, and the benefits were evident in Q1,” Dorel Inc. president and CEO Martin Schwartz said during an earnings call.

Giant supports Project Bike Tech

BOULDER, Colo. (BRAIN) — Giant Bicycles has become a premier partner of Project Bike Tech, a project that uses bicycle education as a conduit to teach core academics, enhance lives, create career opportunities and inspire new generations to be passionate about bikes.

Marin adds Nikki Tufte and Michael Larson to Midwest sales team

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc.

Ventum joins Velofix’ Direct program

VANCOUVER, British Columbia (BRAIN) — Ventum, a high-end triathlon bike brand, is the latest bike company to join the Velofix Direct program.

E-bikes power Accell Group past 1B euro mark; while bankruptcies short circuit North America sales

HEERENVEEN, Netherlands (BRAIN) — On the strength of e-bike sales in Europe — especially in Germany — Accell Group’s sales last year were up 6 percent, breaking the one billion-euro barrier for the first time in company history.

Dorel execs: IBD brands to remain in brick and mortar; focus on bottom line

MONTRÉAL (BRAIN) — During an earnings call Thursday afternoon East Coast time, Dorel executives reassured financial analysts that despite revenue losses in the cycling division, the company is working on maintaining profitability through a number of moves including price increases at Caloi, inventory reduction to improve margins, and cost cutting through restructuring.  “We’re raising our bottom line even if our top line doesn’t grow,” Dorel’s Jeffrey Schwartz told analysts. “We did a number of restructuring events in 2016 and will see an impact in 2017 in our bottom line. Without the disastrous discounting we had last year, we should be protecting our margins and should see a nice rebound in the bottom line in the bike business.” The biggest impact to organic revenue, which was down 14.6 in the fourth quarter, was a change in North American dealers purchasing habits, Schwartz said.  “In the past dealers would stock up on inventory in Q3 and Q4 and hold it

Fox Factory’s bike-related sales up 7.1% last year; legal costs mount in suits with SRAM

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp.