Shimano’s bike sales grew 10 percent to $2.15 billion (217.26 billion yen), 80 percent of its total business. The company said the declining value of the yen, which fell 18 percent last year, also contributed to the bike division’s strong performance. Sales of Shimano’s fishing products, drive
IRVINE, Calif. (BRAIN) – Shimano will soon sell a wireless device that connects its electronic Di2 groups to a bike computer. The system will first be available to sync with a new Shimano PRO computer; the company said it will soon be compatible with other bike computers, with which it will commun
ATLANTA, Ga. (BRAIN) — Wahoo Fitness is now the official supplier of trainers to Team Sky, the team and Georgia-based supplier announced Tuesday. Team Sky will be provided with Wahoo KICKR trainer for use during the racing season and each rider will be provided with an individual KICKR for at home
SEATTLE (BRAIN) — You may have seen the ad on this very site: The remaining assets of the Mad Fiber wheel company are going on auction this month. The trustee of the bankrupt company has listed the assets — mostly intellectual property and some tooling — with Randy L. Fridkis Auctions, which
COSTA MESA, CA (BRAIN) — Seldom, if ever, has a good word been written about Amazon.com in the National Bicycle Dealers Association’s newsletter — in print or online. Nor has the NBDA’s retail forum had much good to say about the Seattle online retailer. But that didn’t stop Amazon Cycling
SEATTLE, WA (BRAIN) — Divine Cycling Group International, Inc. has filed a Chapter 7 bankruptcy petition for DCG Wheels, the Seattle-based maker of Mad Fiber carbon wheels. Mad Fiber has been shut down for several months; Chapter 7 generally governs the liquidation of a company's assets.
HAVERHILL, MA (BRAIN) — French brands Mavic and Time announced Tuesday that they would collaborate on development of new clipless pedal technologies. The companies said they would work together to develop and market road and mountain bike pedals made in France and based on Time's ICLIC and ATAC
The new ANT Ultra-Low Power protocol appears to be a response to the newest generation Bluetooth 4.0 wireless protocol, which is increasingly being used on sports devices and is built in to some newer smartphones. Like Bluetooth 4.0 (also known as Bluetooth Smart), ANT ULP promises longer battery li
One of triathlon’s biggest market opportunities lies in women ages 30 to 50, said Elysa Walk, general manager of Giant Bicycle, citing social connectivity, buying power, independence and increased athleticism in this demographic. “We need to get more women into triathlon, because they pull each
WATERLOO, Quebec (BRAIN) — Raleigh Canada Ltd. will end bike manufacturing and assembly at its facility here by the end of the year, the company announced Monday. Raleigh has made an assembled bikes there for about 30 years. About 100 workers will lose their jobs as a result of the closure, the co
ST. PAUL, MN (BRAIN) — Park Tool began moving into its new factory, warehouse and office building Sunday. The new 68,000-square-foot facility, which sits on 23 acres of land, offers plenty of room for expansion of shipping, manufacturing and packaging areas and is about 50 percent larger than its
An opinion column by Jamie Fuller, founder and chairman of Skins and founder of the Change Cycling Now group. Dear Lance, So you’ve finally decided to speak out. Frankly, it’s not before time and I trust the hype, preparation and anticipation will be worth it. In fairness, by choosing to under
LAS VEGAS, NV (BRAIN) — Garmin is introducing a variety of new products, including at least two new cycling computers, at this week's massive Consumer Electronics Show in Las Vegas. The new Edge 810 and Edge 510 and Garmin Connect Mobile app connect smart phone features to a handlebar-mounted bik
Rotor size and type are vital when considering heat dissipation. And Pahl said he’s doubtful small rotors—currently fashionable on road bikes—can dump enough heat on long descents to keep braking systems from boiling. That’s one reason Magura only offers hydraulic rim brakes for road use—r
NEW YORK, NY (BRAIN) — GPS giant Garmin Ltd. will be included in the Standard & Poor's 500 index starting Thursday, the company announced. Garmin is traded on the Nasdaq exchange under the ticker symbol GRMN. The company will replace Chicago printer RR Donnelley & Sons (Nasdaq: RRD) on the index.
IRVINE, CA (BRAIN) — Shimano American broke ground Friday on a substantial expansion to its U.S. headquarters here. The expansion comes on the heels of recently announced expansions at its South Carolina warehouse and the headquarters of its Pearl Izumi division in Colorado. The Irvine facility is
FRIEDRICHSHAFEN, Germany (BRAIN)—SRAM president Stan Day said on Thursday he still feels taking the company public is the right decision for the long-term, and will initiate an IPO as soon as stability and visibility improves in global financial markets. With the current uncertainty with Europe’
FRIEDRICHSHAFEN, Germany (BRAIN) — SRAM's RockShox brand will offer two models of suspension fork in the fast-growing 650b size, starting in December. RockShox will offer the SID and the Reba in the new size, which is also referred to as 27.5-inch.