Latest News

MONTRÉAL (BRAIN) — Lightspeed POS Inc. has closed a $166 million Series D investment led by Caisse de dépôt et placement du Québec, with participation from Investissement Québec, iNovia Capital and a credit line from Silicon Valley Bank.

The investment brings the total amount invested to $292 million.

Media giant acquires the owner of Bicycling, Runner's World, Men's Health and other titles.

NEW YORK (BRAIN) — Hearst has agreed to acquire the magazine and book businesses of Rodale, the parent of Bicycling magazine and 92 other titles

SAN FRANCISCO (BRAIN) — Ofo, a dockless bike share platform, has hired former Uber manager Chris Nakutis Taylor to run its U.S. business.

Ofo operates in 180 cities in 16 countries. It has launched in the U.S. in Seattle; Washington, D.C.; Worcester and Revere, Mass.; and Aurora, Colo. 

The U.S. National Whitewater Center has more than 25 miles of trails for CycloFest attendees to demo bikes.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike's Fall CycloFest trade and consumer festival is set to begin its second edition in Charlotte on Thursday with a new format aimed at making it easier for retailers to take part in education sessions and also demo bikes from nearly 20 brands.

Retailer plans eventual national rollout.

PARK CITY, Utah (BRAIN) — Park City Bike Demos, a "prototype location" for a retail concept that plans to expand nationally, has hired two new employees.

ALISO VIEJO, Calif. (BRAIN) — Distributor Highway Two has promoted four people within the company and added a new hire.

Club Ride's NICA Men's Jack Flannel

BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association has reached a new agreement with Club Ride, the Idaho-based apparel brand.

CHICAGO (BRAIN) — Organizers of the 2018 CABDA Expo opened registration for dealers on Monday. 

LAGUNA HILLS, Calif. (BRAIN) – Bicycle Retailer & Industry News and PeopleForBikes are collecting new listings and updates for the 2018 Industry Directory.

Canyon makes the biggest gains in the annual bike count.

KONA, Hawaii (BRAIN) — Lava magazine editors and assistants once again counted bike brands used at the Ironman World Championships triathlon, held Saturday here.

The e-bike brand's latest location is in Glendale, Arizona.

FOUNTAIN VALLEY, Calif. (BRAIN) — The newest Pedego Electric Bikes store, the company's 110th store, is being opened by co-owners Steve "Spike" Pike and his wife Sherry Roueche in Glendale, Arizona. The couple plans a ribbon cutting ceremony Friday and a Grand Opening event on Saturday.

UPDATED: At least three CamelBak employees lose houses as fires damage homes and trails, force evacuations.
Leipheimer at his former house in Santa Rosa, from his Instagram feed.

SANTA ROSA, Calif. (BRAIN) — Retailers, industry suppliers and other members of the cycling community in California are living through scary times as multiple wildfires scorch some of the country's most popular riding areas, including the Napa Valley.

New Product

The Reflective LTD.

SAN FRANCISCO (BRAIN) — DZR has introduced two new limited edition shoes: The Reflective and The Valencia.

Industry Stock Chart

NameCurrentChange
Accell Group 25.90-0.785%
Amer Sports 12.49+0.00%
Dorel Industries 32.48+2.82%
Emerald Expositions 22.42+0.54%
Fox Factory 42.30+0.59%
Giant Manufacturing 161.00+2.88%
Ideal 10.95+0.46%
Merida Industries 140.00+0.36%
Shimano 132.58-0.60%
Sports Direct 385.10-1.36%
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