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Posted in North America 31 min 6 sec ago
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Company exceeds Wall Street expectations, points to improved sell-thru rates and continued marketshare dominance.

SAN MATEO, Calif. (BRAIN) — GoPro announced a second quarter sales decline of 47 percent this week, along with a loss of nearly $92 million, after reporting a profit last year in the same period.

Posted in International 1 hour 17 min ago
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HELSINKI (BRAIN) — Amer Sports' cycling segment grew 20 percent in the second quarter this year thanks to the addition of Enve sales, which joined Mavic in the segment.

Posted in International 21 hours 33 min ago
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The Suomy Gun Wind road helmet, in Lampre team colors.

SANTEE, Calif. (BRAIN) — Ciclista America, the U.S. distributor for Sidi shoes, is introducing the Italian bike helmet line, Suomy, to the U.S. market this fall.

Posted in North America 1 day 50 min ago
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SAN JUAN CAPISTRANO, Calif. (BRAIN) — Following last year's "Breaking Away" reunion at the Interbike Awards Gala, this year's Interbike awards ceremony will include an appearance by at least four of the top-billed cast members of the 1985 cycling film "American Flyers."

Posted in International 1 day 1 hour ago
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EDEWECHT, Germany (BRAIN) — The German distributor Sport Import is investing in the two-year-old carbon wheel company Knight Composites, and will distribute the brand throughout continental Europe.

Posted in International 1 day 19 hours ago
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OSAKA, Japan (BRAIN) — Shimano saw a steep decline in sales and profits in its bike segment in the first half, pointing to bad weather, the Brexit vote, terrorist attacks in Europe, and high distributor bicycle inventory in North America as contributors.

Posted in North America 1 day 20 hours ago
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DURANGO, Colo. (BRAIN) — Greg Herbold is retiring from work with SRAM and RockShox after 25 years with the brands as a racer, product developer and ambassador.

Posted in North America 2 days 51 min ago
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LAKE SUCCESS, N.Y. (BRAIN) — Polar has appointed Stan Brajer as its senior VP of U.S. sales and marketing. Brajer brings more than 20 years of experience in sports, fitness and retail to Polar. Previously, Brajer he was VP of U.S. sports sales for Timex.

Posted in Product/Tech 2 days 1 hour ago
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Surly's John Fleck (left) with Paul Zeigle.

TRUCKEE, Calif. (BRAIN) — Surly is still betting big on the fat bike market, but has trimmed its 2017 line from five models to two — the Wednesday and the Ice Cream Truck.

Still, John Fleck, Surly's global sales manager, said a third model could be added later in the season.

Posted in North America 2 days 2 hours ago
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LEXINGTON, S.C. (BRAIN) — Hawley is now distributing bike and ski bags from the German brand EVOC.

The announcement comes less than 12 months after Lambert, Hawleys' sister company, relaunched EVOC in Canada. EVOC products will be available for ordering from Hawley in October.

Posted in International 2 days 18 hours ago
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MILAN (BRAIN) — Luxottica Group's first half profits fell and the company has pulled back on its forecasts for the remainder of the year.

Posted in North America 2 days 19 hours ago
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SQUAMISH, British Columbia (BRAIN) — Mountain bike website PinkBike.com is holding its third annual video contest with GoPro. 

New Product

OLNEY, Ill. (BRAIN) —  The new Magura Boltron suspension fork was developed for e-MTBs. The fork was developed with WP Performance Systems, an Austria-based motocross suspension company. 

Industry Stock Chart

NameCurrentChange
Accell Group 23.18+0.11%
Amer Sports 13.79+0.00%
Dorel Industries 37.04+0.00%
Fox Factory 19.11-0.98%
Giant Manufacturing 217.50-1.14%
Ideal 12.45-0.80%
Merida Industries 145.00-1.02%
Shimano 147.50+0.00%
Sun Race 12.85-1.15%
Vista 50.02-0.06%
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