Latest News

Skip and Lisa Badolato, owners of Pedego's Fort Myers, Florida, store

FOUNTAIN VALLEY, Calif. (BRAIN) — Pedego announced that a new store has opened in Fort Myers, Florida. The store is co-owned and operated by husband and wife Skip and Lisa Badolato, who left their Wall Street jobs after 30 years and moved to open Pedego’s 116th store.

BOSTON (BRAIN) — Richard Fries will step down as executive director of the Massachusetts Bicycle Coalition. Fries, who served as executive director of the advocacy group for three years, will retain a position on the organization’s board of directors.

TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week is moving to earlier dates this year. The show will be shortened to three days and be held September 26-28, 2018, just a week after Interbike’s Reno trade show and consumer festival.

Company forecasts flat sales of fitness products for 2018.

OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that fourth-quarter revenue rose 3 percent to $888 million driven by sales of outdoor, marine and aviation products. Revenue for the full fiscal year totaled $3.09 billion, up 2 percent.

PORTLAND, Ore. (BRAIN) — Benny Cruickshank has formed and launched a new marketing communications agency, Be Courteous Communications. The agency’s first clients include the Dutch brand Gazelle Bicycles and Boulder, Colorado-based RockyMounts.

GOLDEN, Colo. (BRAIN) — Colorado's Jefferson County has launched a one-year e-bike pilot program that will allow Class 1 e-bikes on natural surface trails and Class 1 and Class 2 e-bikes on paved trails within Jeffco Open Space.

BOULDER, Colo. (BRAIN) — Ergon introduced its first women’s saddle with a women’s-only saddle demo and launch party at Sports Garage in Boulder in late January.

SEATTLE — Consumer-direct e-bike brand EVELO Electric Bicycles is recruiting brick-and-mortar dealers in select markets for its new Demo Dealer Program.

SANTA MONICA, Calif. (BRAIN) — 2XU has expanded its partnership with USA Triathlon, making 2XU the organization’s exclusive cycling apparel partner.

BOULDER, Colo. (BRAIN) — Camber Outdoors has expanded its slate of Camber Exchange events, which connect individuals in the active-outdoor industries who share interests, career objectives and passion for the outdoors.

SANTA CRUZ, Calif. (BRAIN) — Santa Cruz Bicycles has launched a new online education program, The Manual, to help dealers and retail staff sell and service the company’s Santa Cruz and Juliana bike line and Reserve wheel line more effectively.

Company aims to open 25 locations in the next 18 months.

DENVILLE, N.J. (BRAIN) — Voltaire Cycles Inc., the franchising arm of retailer Electric Spokes Company, has opened its first e-mobility franchise in Denville, New Jersey. The 2,700-square-foot showroom features e-bikes and electric scooters and skateboards.

New Product

SQUAMISH, British Columbia (BRAIN) — The 7mesh WK2 women’s bib short is now in stores. The WK2 features Pull2P technology, providing the comfort and support of bib straps and the ease and simplicity of a pull-on. The WK2 retails for $150.

Industry Stock Chart

NameCurrentChange
Accell Group 21.400.23
Amer Sports 15.890.00
Dorel Industries 29.44-0.2
Emerald Expositions 21.97-0.3
Fox Factory 38.45-0.9
Giant Manufacturing 156.00-0.6
Merida Industries 127.50-0.3
Shimano 146.500.00
Sports Direct 376.600.21
Sun Race Sturmey-Archer Inc. 77.501.71
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