Latest News

NEW YORK (BRAIN) — Taking inspiration from Record Store Day, which is held every year in April to celebrate the independent record store, Brooklyn retailer Joe Nocella will hold the first annual Bike Shop Day at his shop, 718 Cyclery, on Dec. 9.

VENTURA, Calif. (BRAIN) — Zeitbike has added a new category of products: Zeitbooks. The distributor is now carrying some classic cycling-related books, including "The Rules" by the Velominati, "World of Mountain Biking" by Hans Rey, and "The Brooks Compendium of Cycling Culture" by Brooks England.

UPDATED.
Accell will be looking to rebuild the Diamondback brand in the IBD channel.

KENT, Wash. (BRAIN) — Accell Group is enacting a major restructuring of its North American operations after the business's sales through the sporting goods channel collapsed when it failed to win a contract to supply bikes to Dick's Sporting Goods.

SALEM, Mass. (BRAIN) — Vittoria Industries North America has hired Nora Goldman and Momentum Sales to represent the distributor in the mid-Atlantic region. This territory covers Maryland, Virginia, Washington, D.C., and Delaware.

The two-store chain has been a force behind growth of mountain biking in the region.

SPRINGDALE, Ark. (BRAIN) — Lewis & Clark Outfitters has expanded and remodeled its Springdale location with the help of Giant and Liv.

SAN FRANCISCO (BRAIN) — TSG Consumer Partners has acquired a minority share in the nutrition brand Nuun and Company.

Seattle-based Nuun was founded 13 years ago and is known best for its low-sugar electrolyte tablets. 

BOULDER, Colo. (BRAIN) — A tax plan released by the Senate majority leadership this week does away with a program that allows employers to reimburse workers, tax free, up to $20 per month for expenses related to bike commuting. The benefit has been in place since 2009 and it is continued in the House tax plan. 

FRYEBURG, Maine (BRAIN) — Downeast Bicycle Specialists is slipping over the border into New Hampshire after 22 years in its location here. The distributor, owned by Hans Johnsen Company since 2013, said the new space is significantly larger and less remote.

The Milwaukee retailer has purchased the assets and inventory of Middleton Cycle.

MIDDLETON, Wis. (BRAIN) — Wheel & Sprocket has purchased the assets and inventory of Middleton Cycle from its longtime owner, Dan Fass, and will reopen the store as Wheel & Sprocket's ninth location.

The Leatt 3.5 Neck Brace was introduced at Eurobike.

CAPE TOWN, South Africa (BRAIN) — Protective brand Leatt Corporation saw a 17.8 percent sales increase in its third quarter, which ended Sept. 30, as well as an increase in revenues in the year to date.

Bike maker cites a variety of celebrity lawsuits as precedents in asking judge to dismiss the case.

LOS ANGELES, Calif. (BRAIN) — In a legal motion that contains more A-list names than a TMZ report, Trek Bicycle's lawyers have responded to a trademark infringement case filed by a company that claims to own the rights to the late actor Chris Farley's name.

AUSTIN, Texas (BRAIN) — The Professional Bicycle Mechanics Association is teaming up with USA Cycling to produce a four-day clinic for aspiring race mechanics.

New Product

MILL VALLEY, Calif. (BRAIN) — WTB is donating $15 to the American Red Cross from each sale of a limited edition saddle.

Industry Stock Chart

NameCurrentChange
Accell Group 26.12-0.38%
Amer Sports 12.34+0.000%
Dorel Industries 33.64+1.97%
Emerald Expositions 23.29+0.00%
Fox Factory 42.45-0.24%
Giant Manufacturing 155.00+0.00%
Ideal 11.55+2.67%
Merida Industries 139.50-0.71%
Shimano 141.25+0.00%
Sports Direct 394.50-0.23%
More Industry Stocks »

BRAIN's Weekly Survey

From the Magazine