Latest News

LEVIS, Quebec (BRAIN) — Distributions Lyncée is the new Canadian distributor of Bkool bike trainers. 

BLOOMINGTON, Minn. (BRAIN) — QBP is now a global distribution partner for BMX race brands Staats and Ciari. Both brands offer BMX race-focused products. 

ROCHESTER, N.Y. (BRAIN) — Blackout Distribution has recently promoted Ryan O'Rourke to be assistant brand manager of Cinema, Kink, and Mission BMX, overseeing the direction of all three brands.

O'Rourke was previously Blackout's warehouse manager for several years.

MISSOULA, Mont. (BRAIN) — Michael Deme, who was Adventure Cycling's director of design and media, died suddenly and unexpectedly of natural causes this week at age 51.

Deme was a 24-year staffer of Adventure Cycling Association and longtime editor of Adventure Cyclist magazine.

Canyon staffs up as it preps for U.S. entry

KOBLENZ, Germany (BRAIN) — Canyon Bicycles GmbH has made several key hires in the U.S. as it prepares to begin selling direct to consumers in late summer.

ENCINITAS, Calif. (BRAIN) — Lava magazine's May 1 issue, now hitting newsstands, will be its last print edition. The magazine will continue to be available as a digital magazine, but will no longer be available as a large-format publication.

Sales down 5.5 percent last year.

TAICHUNG, Taiwan (BRAIN) — Revenue at Giant Manufacturing, the world's largest maker of bicycles, slumped last year driven down by weak sales in China and lower sales in the U.S. as high inventory levels and heavy discounting took its toll.

SAN FRANCISCO (BRAIN) — Motostrano, an e-bike retailer with two stores in the greater Bay Area, has launched a pilot mobile e-bike repair and service program. The service allows e-bike owners to have their e-bike serviced at their home or office.

CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation recorded sales of $16.4 million last year, down from $18.3 million the year before. The company recorded a net loss of $455,000 last year.

The company is headquartered in South Africa and its stock is traded on OTCQB market. 

TREVISO, Italy (BRAIN) — The private equity firm L Catterton has closed on the transaction to purchase a majority stake in Pinarello, an investment the companies announced last December.

WASHINGTON (BRAIN) — Look Cycle is recalling about 800 Look Cycle Aerostems sold separately or as original equipment on some road bikes from model year 2014 through 2017. The carbon fiber stems have stainless steel clamps that can corrode and break, according to the U.S. Consumer Product Safety Commission.

CHICAGO (BRAIN) — SRAM has promoted Riki Bloomquist to the newly established technical training manager position. Bloomquist began with SRAM in 2010 as a dealer service representative and most recently served as a training specialist.

New Product

WILTON, Ct. (BRAIN) — Cannondale has released a completely redesigned Bad Boy, an urban commuter bike. 

Industry Stock Chart

NameCurrentChange
Accell Group 25.50+0.67%
Amer Sports 11.43+0.00%
Dorel Industries 31.74+0.00%
Fox Factory 28.53-0.436%
Giant Manufacturing 179.00-4.28%
Ideal 11.60+0.43%
Merida Industries 160.00-1.54%
Shimano 150.17-2.80%
Sun Race 15.50+0.00%
Vista 20.11+0.60%
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