BAGB high command boosted by infusion of new blood - BikeBiz

BAGB high command boosted by infusion of new blood

Giant's Ian Beasant and Russell Merry from Hot Wheels were yesterday voted on to the Council of the Bicycle Association. And there's tons of other BA stuff to get your teeth into...
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The two young execs (er, young in comparison to the average member) have been getting more and more involved with the BAGB in recent months and their election to Council was expected.

Here's the BA's report:

ICC 2002 delivers profit

66 exhibitors, attracting 1300 visitors from 646 businesses generated over £30,000 of profit to help fund the cycle promotion work of the Association.

State of the Market

After a several months of growth, members have reported a sharp ‘correction’ in June with sales for the month expected to be between 10% and 15% lower than last year. The slowdown appears to have started at the end of May, and is affecting all regions. However the members remain hopeful that sustained good weather over the next few weeks will stimulate a quick sales recovery.

All sectors continue to suffer pressure on margins as average selling prices continue to fall. However inventory levels are generally low and provided there is a sales recovery in the next few weeks we do not expect current sales reductions to force any distress clearance of overstocks.

Imports and Exports

Total imports of bicycles and frames increased by 27% for the period January to March 2002 compared to the same period in 2001. All of this increase is due to increase in the import of frames suggesting that domestic assembly is continuing to gain share at the expense of the imports of complete bicycles. Exports for the period were higher than last year (48,000 vs 41,000 units).

The average cost of imported bicycles continues to decline.

Council Elections

Ian Beasant of Giant and Russell Merry of Hot Wheels have been elected to the Council of the BA.

The full council is

MR. P.BARKER (PRESIDENT) MADISON CYCLES

MR. H.STEWART (VICE PRESIDENT) WELDTITE PRODUCTS

MR. E.ECCLESTON (DEPUTY PRESIDENT) IDEAL BICYCLE

MR. I.BEASANT GIANT UK

MR. M.BICKERTON CYCLEMOTION

MR. J.BROWN UTILITY CYCLE PRODUCTS

MR. P.DARNTON RALEIGH

MR. D.J.HENSTONE MOORE LARGE & CO.LTD

MISS S.MARKSCHEFFEL UNIVERSAL CYCLES PLC

MR. R.MERRY HOT WHEELS

MR. J.A.F.MOORE MOORE LARGE & CO.LTD

MR. M.D.O’CONNOR ADCAL LABELS LTD

MR. R.STANFORTH SARACEN CYCLES

MR. P.TAYLOR BOHLE (UK) LTD

MR. N.THAKE PCM

Reports

Various reports were discussed, including

National Cycle Strategy Board, National Bike Week, TAG (BA Technical group), COLIBI and CPAG. Copies are available from Pat Morris at the BA

The Dept for Transport is proposing to introduce new legislation to replace the Pedal Bicycles (Safety) Regulations of 1984. The BA will be consulting its members and the ACT before formalising a response.

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