BikeBiz Bicycle and cycling retail news

The Canadian furniture-to-bikes company has said its third quarter earnings have jumped 50.5 percent. Revenues have increased 43.5percent. "Stingray bike sales drive earnings," said a statement.

Agreeing that bike availability in 2004 was his company's "Achille's heel", Raleigh MD Mark Gouldthorp says a number of global factories will be making the 05 Adult bikes, not just one factory in Vietnam. With year after year of losses at the Nottingham firm, Gouldthorp says "the corner has been turned" and that he wants to make IBDs more profitable. A pre-Christmas newspaper advertising campaign will promote IBDs and only IBDs.

Rumours about the demise of the Parrot Performancewear brand has led the former owner, and now PR and marketing consultant to the new owners, to issue a statement about the new direction of the company. Parrot will continue to be available online but there will also be the Spring 05 opening of a factory outlet shop, and a limited amount of retail presence.

Billed as an evening-only "product forum" matched with a desert demo day, Winterbike will be held in conjunction with the Bicycle Leadership Conference, taking place February 10-13th in Phoenix, Arizona.

...if you are a site newbie and submitted address details on your online registration form, these details do not go automatically to the BikeBizBible online address directory...