Articles on this Page
- 12/06/18--09:05: _Mosaic Cycles Raffl...
- 12/06/18--09:50: _BionX GmbH to cease...
- 12/06/18--10:11: _BPSA completing sec...
- 12/06/18--11:06: _Fritz, Townley and ...
- 12/06/18--14:23: _Interbike cancels 2...
- 12/06/18--16:51: _Emerald cancels 201...
- 12/07/18--04:00: _Opinion: Interbike ...
- 12/07/18--09:09: _Should e-bikes be a...
- 12/07/18--09:21: _Monthly Imports Rea...
- 12/07/18--11:35: _Guest editorial: Ra...
- 12/07/18--11:45: _Investor group make...
- 12/07/18--17:47: _Bankruptcy judge ap...
- 12/07/18--18:04: _Retailers, do you w...
- 12/10/18--05:00: _Industry vets Parki...
- 12/10/18--06:00: _Group Rossignol Can...
- 12/10/18--08:59: _Great Ohio Bicycle ...
- 12/10/18--09:00: _Kryptonite Expands ...
- 12/10/18--09:08: _Canyon Belgian Waff...
- 12/10/18--10:14: _Opinion: Retailer B...
- 12/10/18--13:10: _Box Components Name...
The raffle winner will receive an XT-1 built for them in their custom size
Winner may choose from the special edition WWP paint layout or any other stock Mosaic paint scheme
$10 per ticket
Ticket sales open though Midnight on Dec 14.
Complete bike will include mechanical shifting, disc brake group, Pro Vibe cockpit, Donnelly tires, Wheels TBD
- 12/06/18--09:50: BionX GmbH to cease European operations and liquidate
- 12/06/18--14:23: Interbike cancels 2019 show, may return in 2020
- 12/06/18--16:51: Emerald cancels 2019 Interbike show
- Dec. 5, 2018: Outdoor Retailer shortens its shows to three days for 2019
- Nov. 7, 2018: Despite high visibility, industry support for nonprofits softens
- Nov. 1, 2018: Loechner resigns as president and CEO of Emerald Expositions
- Oct. 18, 2018: Interbike reports buyer attendance was down but feedback positive from Reno
- Sept. 17, 2018: Northstar a hit for OutDoor Demo
- July 20, 2018: Gottlieb named vice president and show director
- April 24, 2018: Pat Hus is out at Interbike, Gottlieb promoted to lead show
- Aug. 3, 2017: Interbike heads to Reno-Tahoe area for 2018 show
- 12/07/18--04:00: Opinion: Interbike died an unnecessary death
- 12/07/18--09:09: Should e-bikes be allowed on Mt. Tam? A forum is planned next week.
- Accommodation of e-bikes under the federal Americans with Disabilities Act (ADA).
- The three-class e-bike system and e-bike specifications.
- Trail maintenance issues and an overview of where traditional bikes are allowed on MMWD land.
- The MMWD's current policy regarding e-bike use.
- 12/07/18--11:35: Guest editorial: Ray Keener says industry is dinged, not busted
- 12/07/18--11:45: Investor group makes cash offer for Amer Sports
- Dec. 3, 2018: Liquidator running sales at all Performance stores
- Dec. 3, 2018: Ideal opposes releasing ASE from contracts
- Nov. 17, 2018: ASE to file for Chapter 11 bankruptcy
- Nov. 7, 2018: Dean wins US House seat in Pennsylvania
- Aug. 24, 2018: ASE consolidates Nashbar and Performance systems, closes Ohio warehouse
- Aug. 20, 2018: At tariff hearing, ASE's Cunnane proposes solution to unfair trade with China: de minimis reform
- April 18, 2017: ASE begins search for new Performance president
- Nov. 15, 2016: David Pruitt steps down as Performance CEO
- Aug. 16, 2016: ASI buys Performance Bicycle
- March 16, 2015: ASI buys Phat Cycles and Sterling bike brands
- Dec. 9, 2013: ASI says Calgary bike shop can use Roubaix name
- Dec. 13, 2013: ASI, Specialized and Cafe Roubaix in 'complete alignment' over trademark
- Sept. 23, 2008: ASI purchases Breezer
- Oct. 16, 2007: Advanced Sports purchases Kestrel
- 12/07/18--18:04: Retailers, do you want Interbike to come back in 2020?
- 12/10/18--05:00: Industry vets Parkin, Stewart buy shop in Colorado mountain town
- 12/10/18--08:59: Great Ohio Bicycle Adventure
- 12/10/18--09:08: Canyon Belgian Waffle Ride
- 12/10/18--10:14: Opinion: Retailer Brad Hill decries loss of Interbike
Mosaic Cycles is pleased to announce they are raffling off a one-of-a kind custom Titanium bicycle to benefit the Wounded Warrior Project. For $10 per ticket, entrants will be contributing to the Veterans' charity while gaining the chance to win a unique CX race bike handpainted with elite racer Mitch Hoke's signature color scheme.
Mosaic is supporting Mitch Hoke's 2018/19 cross season while giving back to veterans through the Wounded Warrior Project. Mosiac designed the custom XT-1 for Hoke, who is racing while managing the FCX Elite Team and raising awareness and money for the Wounded Warrior Project.
In addition to his work as an elite racer, Hoke is a pilot for the Air National Guard. The project grew organically out of his desire to use cycling to benefit veterans. Project contributions to the WWP began with the early fall Mosaic/Hoke/WWP replica team kit sale, and now progress to the raffle, whereby all proceeds will go to benefit the WWP and the winner will receive a sweet custom Ti CX bike for $10.
The Wounded Warrior Project is a 501c3 Non-Profit with the goal of supporting Veterans and service members who incurred a physical or mental injury while serving in the military on or after September 11, 2001. The WWP supports veterans in finding mental and physical support, housing, and work.
HAAR, Germany (BRAIN) — The last of BionX Canada's operating subsidiaries, BionX GmbH, has announced it will close its offices near Munich on Dec. 10 after more than 10 years in business there and an unsuccessful effort to find a buyer. The Canadian e-bike conversion kit supplier entered into receivership in late February and all business activity at its factory and offices in Aurora, Ontario, was suspended as advisory firm Grant Thornton reviewed assets and began searching for a prospective buyer.
In June, three companies, Amego Electric Vehicles, Crescent Commercial and NumberCo, purchased some of BionX Canada's assets including tooling, machinery, inventory and other equipment by way of a bidding process. According to court documents, Amego also purchased intellectual property including software, patents and trademarks, but efforts to sell subsidiary companies BionX America, Inc., BionX Europe GmbH, which was incorporated in Austria, and BionX GmbH, were unsuccessful.
In a press release, BionX GmbH said Amego had indicated previously that there would be no cooperation with BionX GmbH, and that operations there could not continue. Sales will cease Dec. 10 and BionX GmbH will begin liquidation. The company will complete all ongoing transactions and process warranty claims through the first quarter of 2019.
BOULDER, Colo. (BRAIN) — The BPSA has completed shooting a second round of videos designed to inform and inspire bike shop employees to sell e-bikes. Leveraging the organization's location here, the new videos feature bike celebrities Taylor and Davis Phinney and Lennard Zinn.
BPSA launched its first Charged Up videos in March last year.
The initial series consisted of 10 two-minute videos that were launched on the Myagi training site and available to all retailers globally. The videos were adopted by several major brands and translated into multiple languages by Shimano and Giant.
Charged Up 2 presents five more training videos to shop staff and also includes a consumer-facing segment to be offered to retailers through SmartEtailing, as well as a video designed to inform land managers and legislators.
The extension of the program was inspired by Larry Pizzi, who chairs the BPSA's E-Bike committee and is president of Accell North America.
“The three-class system is the backbone of our legislative efforts across all 50 states, to pass laws for equitable treatment of e-bikes,” noted Pizzi. “It’s clearly our responsibility as suppliers to get the three classes integrated in the supply chain, hence retail training on the subject.”
The second focus of Charged Up 2 is to continue to gain acceptance of the category from shop staff. “We’ve seen a positive shift in attitude over the past 18 months,” said Ray Keener, BPSA's executive director and producer/director/scriptwriter for both video series. “You’ll see that clearly in interviews with shop staff.”
Keener was able to line up the Phinneys and Zinn to participate. “Lennard and Davis are particularly compelling: world-class athletes now facing health challenges that make an e-bike a necessary part of their continued enjoyment of the sport,” Keener said.
As in the past program, a rough cut of all seven videos will be shown to a focus group of shop staff to get their feedback before the final edit and the Feb. 1 launch on the Myagi and brand training websites.
THOUSAND OAKS, Calif. (BRAIN) — Three bike industry veterans have launched a new consulting business for the emerging mobility industry.
Mike Fritz, Jay Townley and Brad Hughes have formed Human Powered Solutions LLC.
"We have known each other since 1972, and we worked together, traveled together throughout Asia and Europe, stayed in touch over the years, and after looking carefully at the recent rapid and profound disruptions in the human-powered business, decided to form a different kind of consultancy that can make a real difference to the managers, executives and companies who engage us to help them find their way," said Fritz.
The three partners met for two days to plan the new business, Townley said. "We concluded that there is a real need for the truth and a clear view of the future based on the available facts — delivered quickly and in an actionable way so mobility industry clients can take the actions that are in their best interests. There is a lot of BS and delivery of advice consultants think clients want to hear, and we are setting out to be the change leaders in delivering the objective facts in an actionable way. We don't believe in either management by hope or denial of the facts as a strategy."
Hughes said, "Ford's most recent acquisition highlights the importance of understanding the emergence of micromobility and the automotive component and vehicle brands setting out to manage the future of human mobility. Human Powered Solutions offers clients a current and in-depth analysis of the evolving future of micromobility and the increase in protectionist activity that is forcing rapid changes in supply chains so that strategic planning can be based on the best possible facts and an accurate assessment of what the probabilities are for the future."
For more information, Hughes can be reached at 805-901-9772 or email@example.com.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions has canceled the 2019 edition of the Interbike trade show, saying the event might return in a more modest format in 2020. Emerald also has laid off several Interbike employees here, including show director Justin Gottlieb and sales director Andria Klinger.
“We have made the decision not to proceed with the event that had been scheduled for Reno in 2019,” Darrell Denny, the executive vice president at Emerald Expositions, told BRAIN Thursday afternoon.
Denny said Emerald had been surveying retailers and suppliers since the close of the 2018 show in September, and concluded that if Interbike has a future, it would be as a more affordable event for all involved.
“We are not going to bake the same cake again,” Denny said.
“It became pretty clear (after surveying the industry this fall) that the market has changed quite a bit. We need to look at how we can serve the market in a pretty different way. It will have to be pretty cost-efficient, with inexpensive travel. … As we got closer to the end of the year, we realized that companies needed to be able to budget for it, so we wanted to reach out before the end of the year,” he said.
He said Emerald will consider inviting bike vendors to attend its other sports trade shows, which include the Outdoor Retailer shows.
Gottlieb and Klinger, along with Interbike’s marketing manager, Jack Morrissey and senior art director, Andy Buckner, will remain with the company until Dec. 31, Denny said. In an unrelated move, Lori Jenks is also leaving Emerald. Jenks is senior vice president of Emerald’s trade show operations and works out of the San Juan Capistrano office where Interbike is based.
“We are not going to bake the same cake again,” Denny said.
Interbike has been a major contributor to industry nonprofits, and the show's absence from the calendar will mean a hit to those groups’ budgets for at least a year. The show pays hundreds of thousands of dollars each year to PeopleForBikes through a long-standing agreement tied to the amount of exhibitor space sold at the show each year. Interbike also contributes to the Bicycle Product Suppliers Association and the National Bicycle Dealers Association.
Emerald notified the three nonprofits on Thursday that it would not be making sponsorship payments in 2019.
Emerald had varying agreements with each organization, but in general all of them involved a mutual endorsement and sponsorship, not a regular dues payment like other industry suppliers have with the groups.
“There are different triggers for each, but for all three we are going to suspend funding until we’re able to come back with a plan (for a new show), since we are not going to have any revenue next year,” Denny said.
Denny said consolidation on the supplier and retail side has contributed to Interbike’s woes.
“There are about 4,000 retail stores now, and arguably about half of them are doing business predominantly with one commanding brand. ... That’s a pretty big factor,” he said.
Denny also said tariffs on China-made products contributed to the decision. "The substantial increase in tariffs on bike-related imports during 2018, and announced for 2019, is compounding these challenges," he said.
In 1982, Steve Ready and Herb Wetenkamp launched Interbike, holding the first show in Las Vegas. At the time, there were several industry trade shows, but they were all held in the winter. Ready thought the industry needed a show in the fall, in the preseason. The show drew some 150 exhibitors in its first year. While it struggled in its early years, Interbike enjoyed good dealer turnout and later moved to Reno, Nevada, then Anaheim, California, and then back to Las Vegas. It also expanded to the East Coast with shows in Philadelphia and Atlantic City in the 1990s.
After many years in Las Vegas, Interbike uprooted to Reno for its 2018 edition, a move that received mixed reviews and mediocre attendance from retailers and exhibitors. Reno freshened Interbike’s look, reduced some costs, and gave the show access to a better location and climate for its outdoor bike demo. But it could not overcome the larger forces allied against the show. In a trend that started over a decade ago, increasingly the largest bike suppliers are skipping Interbike in favor of their own dealer shows, leaving Interbike without its anchoring exhibitors and discouraging dealer attendance. At the same time, startup suppliers increasingly are focused on establishing sales through non-IBD channels, making a dealer show less attractive.
Many suppliers have shifted their budgets to events like the Sea Otter Classic and the North American Handmade Bicycle Show, where they can meet with consumers, the media and some trade partners for a lower cost. Those looking to meet with retailers in the off season have moved to regional shows including CABDA, which will hold a show in Southern California in January next year in addition to its Chicago-area show in February.
Interbike had four years left on a five-year agreement with the Reno-Sparks Convention Center and other vendors in the Reno area. Denny said extricating the show from those contracts will be “somewhat painful.”
Emerald owns Bicycle Retailer & Industry News, which is operated under license by the NBDA. Emerald, which is publicly traded on the NYSE, officially announced the decision Thursday evening in a press release.
In an unrelated move, Emerald announced Wednesday that it is shortening two of its three Outdoor Retailer trade shows, making its fall and summer shows just three days, instead of four. OR’s winter Snow Show is remaining three days as originally planned.
Editor's note: Marc Sani is the interim publisher of BRAIN.
Interbike died Wednesday at the age of 36. It was a death with little grace. It was painful. Quick. The numbers left few choices. Business is business. Nonetheless, it's personal for those who lost their jobs and for those who, for years, met at Interbike. Long lasting friendships were made there. I know. Let's remember that, and let's think about that for a moment.
Among the dozen or so with whom I have talked, it came as a shock. Interbike — for whatever faults anyone may want to attribute to it — had stood as an institution in the marketplace. A certainty in uncertain times. Its founder, Steve Ready, if he were alive today, would only shake his head in sadness at the disarray that has befallen the industry.
And so, let the post mortem begin. Here's my take; feel free to share yours.
What's next? Yes, Emerald Expo says they want to regroup. Seek a location that offers lower costs, a new format near a transportation hub with a relaunch in 2020. It's possible. But I have my doubts. Emerald is big enough as a company to finance a relaunch. But is investing in an industry with zero leadership and vision, with no single entity offering a path forward in fast-changing times, with no clear goals worth it? I doubt it.
I will always say, and I have written as much in the past, that Trek and later Specialized are the key culprits in a trend that eventually has led to Interbike's death. Their decision to forgo Interbike, to go it alone and take their beholden dealers with them, was the beginning of
Interbike's slow death march. More than a few people share that analysis with me.
Their reasoning, of course, was simple: We have to do what is best for our dealers and our bottom line. Sounds good. Sounds reasonable. But in a small industry — and the bicycle industry in the U.S. is indeed small — where several large companies hold sway over the fortunes of so many, their behavior was and is appalling. And that behavior continues as they force-feed dealers with ever more branded product, diluting the diversity essential to a healthy industry.
And there are countless dealers who should be alarmed by Interbike's passing. But I doubt many are. They, too, apparently have forgotten, it seems, that Interbike in so many ways was their best friend in the marketplace — not Trek or Specialized or Giant or ... and add your own names to the list.
Where else could dealers and staff go and attend dozens of technical seminars hosted in one location; attend seminars on management, finance and other topics. Or enjoy a veritable free-for-all testing bikes on a pile of rocks. It's easy to quibble with the quality of these programs, but Interbike offered them to all comers. Who is going to do that now?
How many times did Interbike attempt to bring dealers together at conferences, to improve their position in a competitive market, only to have so many snub their efforts. Let's be honest — Trek and Specialized make every effort to improve their captured dealer base and they do a good job. But what about the rest of you? Interbike made an effort, but apparently it wasn't good enough. And worse, no one, it seems challenged them to do better. And the dealer base continues to shrivel.
And today the industry is without a single organization, including the NBDA, with the financial muscle to bring dealers together, under one roof, to better position themselves in today's topsy-turvy marketplace.
Interbike has already notified PeopleForBikes, the Bicycle Product Suppliers Association, the National Bicycle Dealers Association and other partners that there will be no financial support next year. That's hundreds of thousands of dollars out of PFB's budget, some $60, 000 out of the BPSA's, and a minimum of $25,000 for the NBDA. Tell me how that shortfall is to be made up?
And what about the dozens of nonprofits who benefited from free space, who used the show to bolster their image and role in support of cycling? Who's going to help them? Interbike, its staff and its past show directors, whom I know personally, all hoped to make a difference for dealers and the industry. Yet still make a profit for the Mother Ship. Who's going to advocate for those left behind, especially dealers nonaligned with the power players? And those small to midsize companies with limited resources who banked on Interbike year in and year out? What about them?
I don't want to let Interbike off the hook. Let us not underestimate the escalating cost of exhibiting at Interbike. For too many companies, it became a near unbearable financial burden in a consolidating market. The show had become too complex; too many side shows, industry breakfasts and industry dinners as well as its ill-advised attempts at enticing consumers to what should have been the industry's crown jewel of a trade fair. Interbike staff was selling too many add-ons. It all left a bad taste for some. Too much of a focus on costly nonessentials. The bottom line.
Interbike failed to heed the distress caused by too-early product introductions that left dealers floundering, explaining to eager consumers why they couldn't sell them that latest upgrade. September had been a go-to month too long; Interbike failed to adapt, and dealers voted with their feet.
Interbike would have done better tackling that noisome issue several years ago. It would have been costly in the short term — major shifts in trade show dates is no job for the faint hearted — but Interbike, perhaps, would still be with us today rather than in the morgue of trade shows past if they heeded dealers who found mid-September out of sync with the market.
And, in retrospect, Reno, as a city, was a poor choice. But Interbike's choices were few. Exhibitors and dealers — in their oftentimes whiny denunciation of Las Vegas — demanded a move yet failed to give Interbike meaningful guidance and their full-fledged support. The whining, backbiting and criticism, combined with Interbike's fateful decision to move to Reno has truly been dispiriting.
The industry needs a strong, national show. I believe that. Steve Ready believed that, and I stand with Steve on that belief. The industry is not made up of brands, as Ready well knew. It's made up of people. And a trade show, well executed, brings people together. Interbike, for all its faults — perceived or real — attempted to do that: bring people together.
MARIN, Calif. (BRAIN) — The Marin Municipal Water District will hold a public workshop next week regarding e-bike use in the watershed the agency manages on Mt. Tamalpais, widely regarded as the birthplace of mountain biking, and a local retailer is urging e-bike riders and supporters to participate in and speak at the forum.
"The word on the street (and on the trail!) is that the MMWD has heard a lot from a vocal minority that is the anti-ebike crowd, advocating for banning access by e-bikes to MMWD fire roads. Ebike supporters in Marin, make your voices heard!" states an email from The New Wheel, an e-bike retailer with locations in Marin and San Francisco.
The email singles out fire roads since bikes of all kinds are prohibited on MMWD singletrack.
"It's been a struggle here in Marin County. There are already lots of fights about bicycle access, and the e-bike adds another dynamic," Brett Thurber, The New Wheel's co-owner, told BRAIN. "The people who are anti-bicycle generally have swung into action to try to stop e-bikes because they see it as something that would add even more cyclists."
Crystal Yezman, Facilities and Watershed Division manager for the MMWD, said the agency's board of directors and staff have heard several complaints about e-bike use during public comment periods at MMWD board meetings. The district already has a policy banning motorized bicycles, and posted new e-bike-specific signage about six months ago.
Following the sign postings, 50 to 60 e-bike supporters — largely organized by Thurber — showed up to an MMWD board meeting to voice their concerns.
"The rules on MMWD land are pre-2016, when the California (three-class e-bike) law came into effect, but they went ahead and put up signs banning e-bikes without any public comment or changing the laws on their books, which is of dubious legality," Thurber said. "The spirit of the law at least is that you can ban e-bikes if you want to, but you have to make a new code referencing the new law and definition in California, and they didn't do that. They just did this pre-emptively."
The MMWD board subsequently directed the agency's staff to re-examine the issue.
"Our board of directors told the staff we need to look at the policy and figure out what other people are doing, and if it should be revisited," Yezman said. "Then the board of directors went even further and requested that staff hold a public workshop to solicit comments before bringing forward a staff recommendation. Up until now it has just been people coming up during open public comments; it's never been agendized. So we'll have our board of directors there at the workshop."
The forum, set for Tuesday, Dec. 11, will be an interactive session, with presentations, a public comment period and a handful of table discussions addressing topics including:
"Right now our policy reads 'no motorized bicycles,' but that policy actually resides under our motor vehicle code. And as you know, the new state law says that e-bikes aren't motor vehicles. If anything, that's more of a legal technical issue that we need to fix if the board decides to continue prohibiting motorized bicycles of any kind. That prohibition needs to be under our bicycle code rather than our motor vehicle code," Yezman said.
MMWD staff has also drafted a formal ADA policy that would allow use of Class 1 e-bikes with a rider's verbal declaration of a needed accommodation under the law. "If you wanted to try to bring in a higher class of e-bike, there's a variance process where it could be considered," Yezman said.
MMWD staff also may consider whether to conduct an e-bike trial on a single road to measure their impact.
There are compelling arguments for e-bike use among aging populations, Yezman said, adding that Marin County has the highest concentration of senior citizens of any county in California.
"People that have been mountain biking for 30 years now find that they may need the assistance of an e-bike," she said.
Retailer Thurber said he sees next week's workshop as a positive sign, and he believes there is support within the MMWD for e-MTB use on the watershed's fire roads. But he's more concerned about debunking what he sees as misconceptions about e-bikes overall and their status under state law.
"For us, electric mountain bikes aren't the biggest part of our business. The reason we're so involved is we don't want to see any instance where it's understood that electric bicycles are somehow different than bicycles under the law," he said.
The Ebike Public Workshop is set for 6 to 8 p.m. Tuesday at Corte Madera Community Center, 498 Tamalpais Drive in Corte Madera, California.
WASHINGTON, December 7, 2018 – Imports at the nation’s major retail container ports have set another new record, reaching 2 million containers in a single month for the first time as retailers continued to bring merchandise into the country ahead of a now-postponed increase in tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
“President Trump has declared a temporary truce in the trade war, but these imports came in before that announcement was made,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said. “We hope that the temporary stand-down becomes permanent, but in the meantime there has been a rush to bring merchandise in before existing tariffs go up or new ones can be imposed. China’s abuses of trade policy need to be addressed, but tariffs that drive up prices for American families and costs for U.S. businesses are not the answer.”
U.S. ports covered by Global Port Tracker handled 2.04 million Twenty-Foot Equivalent Units in October, the latest month for which after-the-fact numbers are available. That was up 9 percent from September and up 13.6 percent year-over-year. A TEU is one 20-foot-long cargo container or its equivalent.
The October number was the highest for a single month since Global Port Tracker began counting cargo in 2000, topping the previous record of 1.9 million TEU set in July, which in turn had beat a record of 1.83 million TEU set in August 2017.
November was estimated at 2.01 million TEU, a 14 percent year-over-year increase that would have been a new record if not for the October number. December – normally a slow month with holiday merchandise already on the shelves – is forecast at 1.83 million TEU, up 6.1 percent year-over year. Those numbers would bring 2018 to a total of 21.8 million TEU, an increase of 6.5 percent over last year’s record 20.5 million TEU.
Both year-over-year growth rates and total volume are expected to slow considerably in January, when 10 percent tariffs on $200 billion worth of Chinese products that took effect in September had been scheduled to increase to 25 percent. Trump announced last weekend after a meeting with Chinese President Xi that the increase – and a threat to impose tariffs on all Chinese products – would be put on hold while the two countries conduct 90 days of negotiations. Official action to delay the tariff increase has yet to be announced, however.
January 2019 is forecast at 1.72 million TEU, down 2.1 percent from January 2018; February at 1.67 million TEU, down 1 percent year-over-year; March at 1.57 million TEU, up 1.7 percent, and April at 1.7 million TEU, up 3.7 percent.
“We see a significant slowdown in import growth in 2019 as the market adjusts to higher prices due to the Trump tariffs and the impact on consumer and industry confidence going forward,” Hackett Associates Founder Ben Hackett said. “We project that imports at our monitored ports will have grown significantly in 2018 but that there will be no import growth in the first half of 2019 compared with the same period in 2018.”
While cargo numbers do not correlate directly with sales, the imports are also being driven by this year’s strong retail sales. NRF has forecast that 2018 holiday season retail sales – excluding automobiles, restaurants and gasoline stations – will increase between over last year. Retail sales for all of 2018 are forecast to be up over 2017 .
Global Port Tracker, which is produced for NRF by the consulting firm Hackett Associates, covers the U.S. ports of Los Angeles/Long Beach, Oakland, Seattle and Tacoma on the West Coast; New York/New Jersey, Port of Virginia, Charleston, Savannah, Port Everglades, Miami and Jacksonville on the East Coast, and Houston on the Gulf Coast. The report is free to NRF retail members, and subscription information is available at or by calling (202) 783-7971. Subscription information for non-members can be found at .
The National Retail Federation is the world’s largest retail trade association. Based in Washington, D.C., NRF represents discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private-sector employer, supporting one in four U.S. jobs — 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy.
About Hackett Associates
Hackett Associates provides expert consulting, research and advisory services to the international maritime industry, government agencies and international institutions.
By Ray Keener
Editor's note: Keener is the executive director of the Bicycle Product Suppliers Association. But when it comes to this column, he said he is writing as Ray Keener, Industry Citizen, and says the views expressed here do not necessarily reflect the views or policies of the BPSA, its board or company members.
Wow, and we thought the ASE and Performance bankruptcy was a big deal. I thank BRAIN for allowing me a space to reflect on A Day That Will Live in Infamy. The Day Our Trade Show Died.
It was shocking but not surprising. Interbike's people were usually selling hard this time of year, sending out contracts, taking deposits, sketching out a floor plan. Not happening. The jig was up. And the shock comes when you assess what a huge blow this is to our industry.
I'm hearing three categories of reactions out there; I'd like to address them one at a time:
One. The show was mismanaged, should have been held somewhere else, if they had only listened to me, i.e., I Told You So. Sorry gang, this is just not the case. Lance Camisasca, Andy Tompkins, Pat Hus, Justin Gottlieb, they all made annual and positive changes to improve a show that was basically a ship with a hole in the hull.
Dashed against the craggy shoals of modern business reality. Drained of attendees and exhibitor dollars by the inexorable rise to dominance of a few key industry brands. Abandoned by marketing directors thinking, "Wow, Facebook is free!" Wounded by a new demographic of attendees who no longer value doing business face-to-face, sitting in seminars, or having a few beers with long-lost buddies. When you're 28, you don't need any of that. Or at least not enough to get you out of your store and on a plane.
Two. The show was no longer necessary or relevant to the industry, I haven't gone in ages, no big loss, i.e., Meh. I told my 25-year-old son last night that the show was canceled as soon as he walked in the door. He works for an Interbike exhibitor, had a great time and his company a productive show in Reno. His response: "Meh" and a shrug of the shoulders.
That's a reasonable response from individuals, especially those who haven't been going to the show since it started. For us veterans, it felt, as Brandee Lepak texted me yesterday, " ... like someone died."
There's a bunch of us who work in and on industry institutions. PeopleForBikes staff, me at BPSA, BRAIN, Interbike, NBDA, IMBA, Camber, you know the list. I call it "inside the bikeway." We are all significantly and negatively impacted by Interbike going away, because Emerald was quite generous with our organizations.
Emerald (until just recently when contracts were renegotiated) was putting more than $1 million into the industry nonprofits, for almost no benefit to the company. Exclusivity and loyalty to their show was an easy "You betcha!" for all of us because, until recently, there weren't any other shows of substance.
That's about 15 percent of Emerald's gross revenues from Interbike. Trek, probably the industry company that puts the most back, let's guess they're at around 1 percent. PeopleForBikes dues, which some companies are struggling to pay right now, 0.1 percent. BPSA significantly less than that.
So there's a lot of hand-wringing and mourning coming from Inside the Bikeway. You can see why none of us is saying, "Meh."
Three. It's Trek and Specialized's fault. This wasn't on my list until this morning, when I read my dear friend Marc Sani's column. Calling the Big Two "key culprits" engaging in "appalling behavior"— so off base in my opinion, Marc.
I'm sure there's an approving audience out there for this contention. I call it The Peanut Gallery. "Big is bad!""They're forcing dealers to buy stuff!" And similar claptrap.
Tell you what: Ask Trek dealer No. 1,000 in sales, or a similarly midlevel Specialized retailer: "Would you rather have these brands in your store, or in your biggest competitor's store?" End of discussion. T & S are doing a great job of gathering and retaining the strongest retailers in each market (with a few exceptions, of course).
Trek does it by helping its retailers strengthen their businesses so they can sell more product. Specialized does it more by innovating on the product side, with the same result. Part of this strategy is to have their own dealer events and spend money on themselves rather than paying Emerald and Vegas/Reno hotels, restaurants and drayage purveyors.
Which is perfectly within their rights. How is this "appalling behavior" if the companies decide that it's in their best interests to behave this way? T & S have certainly not abdicated their responsibilities. Would we have the current iteration of PeopleForBikes, BY FAR the most effective bike industry organization EVER, without the tireless efforts of John Burke? No freakin' way. Specialized has been less about leadership but still a strong financial supporter.
OK, now comes the part where the Peanut Gallery questions my objectivity. Yes, I work for the suppliers. Yes, I bought my bike shop in 1975 from Dick Burke and worked for him during the BIO Years. And yes, I'm an industry bikeway insider. As Rick Vosper likes to say, I don't drink the Kool-Aid, I make it.
Here's the bottom line for me: Cycling is better positioned in our culture than ever. The industry is going to be fine in the long run. Decades of trench work by PeopleFor Bikes, getting government funds, helping local advocates turn them into bike facilities, is changing the face of our cities and suburbs for the better.
Demographics are a bit of a mixed bag, with millennials both flocking to the cities (good for bikes!) and riding around on scooters (bad for bikes). Certainly the trend away from fossil fuel use is a good thing for bikes. Hello, states: How about some higher gas taxes, by the way?
Our retailers are definitely being hurt and killed off by consumers "wanting what they want" and "wanting something different" than the baby boomers who constituted our core market for decades. And as you've read here, the demise of Interbike has wounded our Inside the Bikeway institutions at a time we can least afford it.
It's odd how a three-year single-digit decline in sales can erode the foundations of the retail and nonprofit communities. Are we really that fragile as an industry?
I say no. Our supply companies, while they're clearly not thriving, are riding out the storm and looking forward to better times. Other specialty-retail-based industries (cameras and stereo gear come to mind) have suffered faster and deeper declines and lived to tell the tale.
So yes, the demise of Interbike is a shock to our collective systems. And I've observed over the course of my life that humans only change significantly when in a state of panic and/or desperation. So change we will, and I truly believe we'll end up being a stronger industry in the long run. We're dinged, but not busted.
HELSINKI (BRAIN) — Private equity investor consortium Mascot Bidco Oy has made a cash offer to purchase all issued and outstanding shares of Amer Sports Corp., currently valued at 4.6 billion euros (about $5.2 billion). This excludes shares held by Amer Sports or its subsidiaries. Amer’s board of directors has recommended that shareholders accept the offer.
The investor consortium includes Hong Kong-based Anta Sports, a major athletic shoe supplier and retailer; FV Fund, an investment vehicle managed by Chinese equity firm FountainVest Partners; Anamerend Investments, which is owned by Lululemon Athletica Inc. founder Chip Wilson; and Chinese investment conglomerate Tencent. Anta will hold 57.9 percent of the shares, FV Fun 21.4 percent, Tencent 5.63 percent and Anamered Investments 20.6 percent.
The group has offered 40 euros in cash per share, which represents a premium of 39 percent compared with the share closing price on Sept. 10, the day before Anta first made the bid to purchase Amer. At the time of the offer, Amer had issued a total of 116,517,285 shares, of which 115,220,745 shares are outstanding, and 1,296,540 shares are held in treasury.
Nasdaq Helsinki transferred Amer shares into observation, stopping trading at least briefly after the offer was announced Friday.
According to a statement issued by Anta, Amer Sports will be operated independently via Anta Sports with a separate board of directors, and current Amer president and CEO Heikki Takala has been invited to continue leading the business. Investors said they intend to provide Amer with R&D resources and manufacturing and sourcing capabilities in China in order to grow its business in the Chinese market, as well as provide access to Anta’s distribution network.
Amer’s corporate offices would remain in Helsinki.
Amer has explored the option of selling Mavic and Enve, but it’s not yet clear how a sale of the entire company could affect those plans. Amer’s brand portfolio also includes Salomon, Peak Performance, Atomic, Suunto, Louisville Slugger, Wilson, Precor and Arc’teryx.
DURHAM, N.C. (BRAIN) — A bankruptcy judge has ruled that Advanced Sports Enterprises can hold store closing sales at 102 Performance Bicycle locations. The court also pushed back the auction of ASE's assets to mid-January. The auction had originally been scheduled for Dec. 18.
U.S. Bankruptcy Judge Benjamin Kahn said Gordon Brothers Retailer Partners, which is the liquidation company managing sales at the stores, can promote sales events using language including "store closing sale,""sale on everything,""everything must go," or similar sales. The language used to promote the sales has been under discussion and last week Kahn barred the use of language suggesting the stores were closing until the subject was discussed at a hearing Thursday. Kahn said all stores must still comply with state or local laws on sales language.
Otherwise, Kahn's order filed Friday is largely the same as the interim order he issued last week. Gordon Brothers must continue to accept gift cards and certificates issued before the bankruptcy filing, and must honor returns of merchandise bought before the filing under the same terms as when the items were bought. As in the earlier order, Kahn noted that the stores should follow state and local laws requiring them to accept returns of items sold during the sales that have "latent" defects. Gordon Brothers may not supplement the sales with its own merchandise.
Store employees have told BRAIN that they've been told not to honor Performance's prepaid service contracts. Kahn's order did not mention those contracts. In 2016 when the California-based sports retail chain Sports Chalet declared bankruptcy, Performance offered Sports Chalet customers discounts and free bike safety checks.
In a separate order, Kahn approved a bidding process for ASE's assets, which include the ASI distribution business, trademarks, several buildings and the leases for Performance stores.
The bid deadline is Jan. 11. An auction will be held Jan. 15 if there are competing qualified bids. All assets will be offered individually and in groupings.
Copies of the bidding procedures order are available at the website of Kurtzman Carson Consulting, LLC: kccllc.net/advancedsports. Those interested in bidding can contact Mike Smith at D.A. Davidson & Co., at firstname.lastname@example.org.
ASE has issued Worker Adjustment Retraining Notification (WARN) Act notices to employees in Pennsylvania and North Carolina. Federal law requires companies with more than 100 employees to give 60 days notice of possible layoffs affecting more than 50 employees at a single location.
In North Carolina, where ASE is headquartered in Chapel Hill, the company said 200 employees could lose their jobs. In Pennsylvania, where ASI is based, layoffs could affect 60 employees, according to the WARN notice recorded there last month. ASE has about 83 employees in Philadelphia. BRAIN has not been able to find records showing that ASE has issued WARN notices in other states, but it's unlikely the business has any other locations with more than 50 employees. At the time of its bankruptcy filing, ASE had 1,944 employees, including 1,662 at the Performance retail operation.
In a memo Thursday, ASE told employees that the store closing sales would be extended to all locations.
"At this point in the process, it is not knowable which, if any, of the Performance retail stores would be sold at the Chapter 11 auction. Our investment banker, D.A. Davidson, is continuing to market Performance and we are also receiving a lot of interest from other specialty bicycle retailers who are interested in many of the Performance locations," the memo read in part.
"We remain focused on selling the business and finding the best outcome possible," it concluded.
A hearing on ASE's request to extricate itself from manufacturing and licensing contracts has been rescheduled to Dec. 20. Ideal has objected to the motion.
Editor's note: A version of this story appeared in the December issue of Bicycle Retailer & Industry News.
BUENA VISTA, Colo. (BRAIN)— For longtime friends Joe Parkin and Simon Stewart, the road to becoming shop co-owners has been a long one, complete with twists, turns, pit stops and detours. By all accounts, the journey began in the early 2000s in an old building in downtown Minneapolis, home to the newly opened One on One Bicycle Studio and a three-legged shop cat named Triker. Parkin and Stewart met there while working for owner Gene Oberpriller, the former as a barista and the latter as a mechanic.
Fast-forward a decade and half and a bunch of jobs in various cities later, when Parkin and Stewart have reunited to purchase Boneshaker Cycles in Buena Vista, a small town in central Colorado.
The two had tossed around the idea of opening a shop before, but it wasn't until Stewart visited Buena Vista earlier this year that the opportunity arose. Stewart, who was working at SRAM Technical University in Colorado Springs at the time, wandered into Boneshaker after riding the area's popular Vitamin B trail.
"The owner Dave Volpe recognized me — he had been a student of mine at STU. He was kind of fumbling with a derailleur," said Stewart, who has also worked as a motorcycle mechanic, a ride guide for Western Spirit Cycling, a contributor for Bike magazine and as a columnist for Dirt Rag. "He said, 'I don't know what I'm doing. I'm a pharmacist, not a mechanic. Hey, do you want to buy a bike shop?' and I said, 'How much?' That's pretty much how we landed here."
Volpe opened Boneshaker five years ago because there wasn't a bike shop in town. Parkin, a former pro road and mountain bike racer and author, had recently moved from Germany to Colorado Springs, where until October his wife, Elayna Caldwell, worked as marketing director at SRAM.
"It was the easiest decision ever, honestly. Simon and I have known each other for years. Dave was ready to get out, so I came over in June to check out the area," said Parkin, a former editor of Bike magazine. "There was a lot of serendipity at play here."
The deal closed in September, and Stewart and Parkin moved their families to Buena Vista and began working at Boneshaker. Located on Main Street, the 2,200-square-foot shop carries Trek, Santa Cruz and Juliana, and although it caters to trail riders, Boneshaker will also stock some road and gravel bikes. In addition to Stewart and Parkin, Boneshaker has one other full-time employee, Matt Wells, who helped Volpe run the shop for several years.
The new owners will expand the shop into the neighboring space to nearly double its square footage, and are in the process of applying for beer and liquor licenses. Parkin said they also plan to exercise the purchase option written into their lease.
Parkin and Stewart have also opened a suspension service shop inside the store called Shaker Suspension, where they'll service parts from all brands.
"We're dedicated to service. I stood up in front of classrooms for years as an instructor, extolling the virtues of service and how it's how you keep your shop afloat in challenging times," Stewart said. "This is quite literally me bringing my money where my mouth is."
Buena Vista is situated along the Arkansas River, making it a destination for whitewater kayaking and rafting enthusiasts, and is about an hour from six different ski resorts. Parkin said that 20 years ago there were only two places to eat in town, but today there is a nice hotel, more restaurants and a food truck culture. With a climate suitable for nearly year-round riding and trails close to town, it also has a small but growing riding scene.
"The cycling community is in its infancy, but there is a strong handful of passionate trail advocates and mountain bikers here," Parkin said. "Our biggest thing is to become part of the town and grow the tourism here, to do whatever that takes. There is a lot of room to grow."
Groupe Rossignol Canada Inc. (GRC) announces three new hires for its Bicycle Division, which includes the Felt Bicycles, Time Sports, and Rossignol Bike brands. As of December 1, 2018, Carol Adams, co-founder and head of Spaso Sports Inc., joins the company as Sales Manager Bike Division for GRC. Two of Spaso's employees, Guillaume Roy, and Ludovic Verrault-Caron have been hired as GRC's Bike Division Product Manager and Customer Service/Tech Support Coordinator, respectively. Spaso's current independent sales representatives will continue to work with the Felt Bicycles and TIme Sports brands under GRC.
Jim Hunter, VP Operations & CFO for Group Rossignol North America, said, "Spaso Sports has done a great job for Felt and Time going back many years. Bringing them on board with Rossignol makes sense as they will devote one hundred percent of their time to servicing our customers and growing the Felt, Time, and Rossignol Bike brands in Canada. We warmly welcome them to the Rossignol team."
All sales, service, and distribution functions for GRC will continue without interruption as the team transitions to its new location at Rossignol's Montreal office. Distribution continues out of the Rossignol warehouse in Granby, Quebec.
Sales & Administrative Offices:
Groupe Rossignol Canada Inc.
3700 St Patrick - Suite 326
Montreal, QC H4E 1A2, Canada
Calls and emails to the Spaso office will continue until the transition is fully implemented. Contact information thereafter is noted below:
Carol Adams: email@example.com; ext 5281; accepting calls after 12/15
Guillaume Roy: firstname.lastname@example.org; ext 5278; accepting calls after 12/15
Ludovic Verrault-Caron: email@example.com; ext 5277; accepting calls after 12/15
Port Clinton and the Lake Erie region of Ohio will be featured on the 31st annual GOBA tour. Riders can pedal as few as 140 miles or as many as 400 during a weeklong, fun-filled bicycling and camping adventure for all ages.
Canton, MA, USA (Dec. 10, 2018) – Kryptonite®, a brand of Allegion and producer of high-quality chains, cables, u-locks, folding locks, flexible security systems and lights for the bicycle market, is expanding its title sponsorship of the CABDA dealer tradeshow series for 2019 to include CABDA West in San Diego. The all new CABDA West will be held Jan. 16-17 at the Thoroughbred Club Racetrack in Del Mar, Cal.
"We are absolutely ecstatic to have an industry leader like Kryptonite as our sponsor for both CABDA Shows," said Jim Kersten, CABDA show director. "We cannot wait to expand further into different regions of the country."
The CABDA show has experienced impressive growth of 400 percent in its Chicago location over the past four years and, as a result, is expanding the series in 2019 to include the second event, CABDA West.
"CABDA is quickly becoming one of the most important dealer shows we attend annually," said Ron Faverty, Kryptonite global marketing manager. "The show truly seems to focus on convenience for the dealer, which in turn facilitates meaningful conversations in a stress-free environment that is often tough to achieve with larger shows. We're really excited to extend the partnership in 2019 and continue to look toward the future."
The CABDA Mid-West Show will once again be held at the Renaissance Schaumburg in Chicago on Feb. 13-14. The preseason dates for both CABDA shows make them optimal for dealers to attend, with minimal impact to their business due to travel. In addition, the CABDA shows offer free registration for dealers. Last year, CABDA (Mid-West) saw 2,300 attendees from 560 independent bicycle dealers across 27 states. The new CABDA West event in San Diego is conveniently located within 1.5 hours of more than 20 percent of the North American Bike market.
The most unique cycling event in the country, the Canyon Belgian Waffle Ride, is back for its eighth edition of pedaling perversity. Created as an extremely challenging cycling event in the spirit of the great one-day spring classics of Belgium, the Canyon Belgian Waffle Ride (BWR) will return to North County San Diego on May 5, 2019. There will also be a shorter and only half as painful Belgian Wafer Ride, as well as a NEWLY envisioned Canyon Pure Cycling Expo Festival. On Friday, May 3, a VIP event will be hosted at Canyon Bicycles in Carlsbad, California. On Saturday and Sunday, May 4-5, all riders and the general public can partake in the festivities at Lost Abbey in San Marcos.
By Brad Hill
Editor's note: Brad Hill owns three Goodale's Bike Shops in New Hampshire. Hill worked for the founder's son, Roscoe, and later bought the shop and expanded it. Founded in 1919, Goodale's sells Trek, Specialized, Cannondale and other brands.
Anyone can say what they want about Interbike. But I don't believe John Burke, Mike Sinyard and the others who sit at the top in this industry would be here if it weren't for Interbike.
I was at the first Interbike, and the last one as well, and the shows that came before them like those held in New York City's Coliseum.
At the time, I was a "little guy" with a 320 square-foot store. That was in the early 1970s. That was before Trek or Specialized even existed. Companies like Schwinn, Raleigh and others weren't talking to someone like me with gross sales of $65,000 a year.
I remember the first shows that Trek and Specialized chose to attend, and I have to ask whether they would be where they are today if they hadn't attended those shows?
And now with Interbike gone as its attendance fell, I have to ask whether Trek, Specialized and other key brands' absence could account for declining national sales through IBDs over the last few years? Do we just call it, "The Changing of the Guard?"
It's really nice to wear that yellow jersey; it's really difficult to wear it over time. General Motors couldn't do it. Ford Motor Company couldn't do it. Schwinn Bicycle Company and their elite group of 1,000 Club dealers couldn't do it.
So, let's see what the next generation of suppliers do. And I am interested in seeing what the future brings for all IBDs throughout the country.
I'm glad I was there in the early 1970s, but I wonder what will happen now — now that IBDs are unable to talk to manufacturers, distributors or product designers. How is that going to have an impact on some of these companies? On IBDs?
It seems suppliers like to say: "Well, we've talked to 20 dealers and they all think this or that." When I ask them would you please give me a contact or two so I can call and find out what their reasoning is for certain products, I don't get those names any more.
In fact, I wonder if such people even exist. Anyone thinking of becoming an IBD in the future, I guess, will have to go online to find out what's available or what they need and good luck finding someone to talk to. Or go to multiple dealer shows to learn about the brands they carry. Talk about cost.
I don't know, maybe IBDs could book multiple flights and make multiple appointments to meet suppliers before doing business with them. All of this is extremely sad.
Over the years, Interbike made a difference to IBDs and industry suppliers like Trek, Specialized and others by doing business face-to-face. Apparently, not anymore.
Long-time North Vancouver bicycle parts and soft goods distributor Orange Sport Supply has been appointed as the exclusive national distributor in Canada for the Box Components range of MTB parts and accessories. Box Components was created with a rebellious vision and towering objective: to chart new courses and promote forward-thinking products. The range of MTB product is primarily focused on wide range drivetrains which also includes a dedicated complete e-bike system.
“We’re extremely excited to be working with Box Components here in Canada” says Greg Inkster, President of Orange Sport Supply. “We feel they’ve distinguished themselves through a commitment to customer support and the design of competitive products. These attributes speak to our values and I’m certain they will result in an excellent long-term partnership for us and our dealers.”
“We are very happy to have Orange Sport Supply as our Canadian partner and distributor” states Toby Henderson, President of Box Components. “Orange Sport Supply provides a reliable pipeline for our products to reach Canadian IBDs, while supporting our marketing and competition efforts with dealers and consumers. The Canadian market is very important to our growth strategy and we feel at home with OSS”
Orange Sport Supply has received Box Components inventory and is ready to start delivering product to dealers (Contact Orange Sport Supply Sales at 877-990-5554 for more info)
For more information on Orange Sport Supply and their portfolio of brands, visit http://www.orangesportsupply.com/