Dorel to investors: Bike biz will improve in 2018

Company says inventory levels are right and new sporting goods business should give it a boost. MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent

Canadian sporting goods distributor Lanctot acquires NRG Enterprises

MONTRÉAL (BRAIN) — Canadian sporting goods distributor Raymond Lanctôt Ltd. has acquired British Columbia-based cycling distributor NRG Enterprises. “This acquisition provides us with a solid foundation to grow our bike division” Lanctôt president Diane Lanctôt said.

WFSGI, Bike Europe to hold conference in June

The Netherlands and Switzerland (BRAIN) — The World Federation for the Sporting Goods Industry and Bike Europe are planning a conference for June 7-8 in Porto, Portugal, that will focus on consumer centricity and increasing speed to market for the bike and e-bike industries. As the bicycle industry shifts its focus from dealers to consumers and online sales continue to grow rapidly for all sorts of products, consumer centricity is the prerequisite for new business models triggering a switch to omnichannel distribution strategies, the WFSGI and Bike Europe said in a press release.

PressCamp exhibitors see challenging market, increase IBD education efforts

DEER VALLEY, Utah (BRAIN) — While editors from the bicycle and outdoor industry meet with more than two-dozen companies checking out new products, exhibitors at PressCamp are also keeping a sharp eye on the market. For example, Chris Ritchie, PR and communications manager for Thule, described the year so far as challenging. “It’s been a slow first quarter,” he said, “but we will have to see how the rest goes.” For Thule, as well as for many other brands, when The Sports Authority, Sports Chalet and EMS folded earlier in the year they lost hundreds of outlets

NSGA: Bike units, dollar sales up in 2015

MOUNT PROSPECT, Ill. (BRAIN) — The National Sporting Goods Association found that consumer-reported sales of sporting goods equipment, athletic footwear and athletic apparel was up 4 percent in 2015.

Report: Owner of EMS and Sport Chalet to file for bankruptcy


WFSGI announces UCI and Olympic Committee rule changes and its next steps

Good news for brands with less onerous carbon wheel test and relaxed rules for logos on Olympic equipment.

Tern’s Josh Hon to present at Velo-city Global conference

TAIPEI, Taiwan (BRAIN) —?Josh Hon, the founder and team captain of Tern Bicycles, will deliver a talk on “Accelerating the Goal of Sustainable Transportation in Asia” at the Velo-city Global 2016 conference, behind this weekend and early next week in Taipei. ?Hon’s presentation will be next Tuesday.? Hon said Tern, a Taipei-based folding bike brand, offers unique lessons for designing products that help urban transportation scale sustainably.

WFSGI Forum tackles sustainability, speed to market, need for supply chain evolution

HONG KONG (BRAIN) — From how to implement lean production to how to get product to market faster and increase the value of a product by reducing or repurposing manufacturing waste into new products or revenue streams, the World Federation Sporting Goods Industry’s third annual Manufacturers Forum discussed several challenges manufacturers, brands and retailers face in today’s consumer-driven global marketplace. The two-day conference is held this week in Hong Kong, where earlier this year the WFSGI opened an office to better service Asian members.

Parent company of Hang Ten, Airwalk sold to Canadian firm

IRVINE, Calif. (BRAIN) — D6 Sports, Inc., the parent company of Hang Ten (a bike and surf/skate brand) and Airwalk (a skate and bike shoe brand), has been sold to PTX Performance Products USA LLC.