Emerald Expositions has canceled next year’s Interbike International Expo that was scheduled to run Sept. 18-20 in Reno, Nev. Instead, the company says it will research alternative plans for 2020 and beyond, including the opportunity to launch events featuring bicycling and bike-related components within or alongside its various multi-sport trade show franchises.
“The past four years have been difficult for the U.S. bicycle market,” says Darrell Denny, executive vice president of Emerald Expositions’ Sports Group. “The substantial increase in tariffs on bike related imports during 2018, and announced for 2019, is compounding these challenges. As a result, we are rethinking how to best serve the cycling industry and will conduct a review of the possible timing, locations and formats with dealers, brands, distributors, reps, designers and media over the coming months. Our goal is to develop and deliver thoughtful solutions which provide strong returns on investment for all industry participants.” Besides challenges with tariffs, Denny also pointed to considerable consolidation in the market in the past six years and declines in overall margins in the industry.