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CARY, N.C. (BRAIN) — Retailer Matt Lodder operated a small home-based shop offering mobile repair services for eight years, and as his business grew he realized he needed a larger space. Lodder recently moved his repair and bike fit operation into a 1,400-square-foot space in Cary, North Carolina.

OLATHE, Kan. (BRAIN) — Garmin Ltd. this week reported a 10 percent jump in fourth-quarter revenue fueled in part by strong sales of wearable devices like its Fenix adventure watches and Vivofit activity trackers.

BOULDER, Colo. (BRAIN) — Camber Outdoors has announced that Arc’teryx and Patagonia have become Peak Partners, a three-year contribution above both companies’ membership dues to Camber Outdoors, and will advance programs to support and accelerate women’s leadership and participation in the outdoors.

The Netherlands and Switzerland (BRAIN) — The World Federation for the Sporting Goods Industry and Bike Europe are planning a conference for June 7-8 in Porto, Portugal, that will focus on consumer centricity and increasing speed to market for the bike and e-bike industries.

IRVINE, Calif. (BRAIN) — The company’s support includes a combination of product allocation and financial backing, which will be used to enable neutral support at league races and provide NICA the resources to expand interscholastic cycling across the country.

ASHEVILLE, N.C. (BRAIN) — The Mann Group’s Dan Mann, a longtime retail trainer and consultant in the outdoor and bike industries, has unveiled a new book, ORBiT, The Art and Science of Influence.

GRAND RAPIDS, Mich. (BRAIN) — TerraTrike has announced that Mark Crews will resign as general manager to pursue other opportunities. Marshall Randall, TerraTrike's dealer sales manager, will take over the duties of general manager while also continuing to work with the sales team.

PRZASNYSZ, Poland (BRAIN) —Kross S.A., the largest Polish bike manufacturer, has purchased Multicycle, a Dutch e-bike brand that declared bankruptcy last year.

SAN JOSE, Calif. (BRAIN) — MC2 Sports, a distributor founded by bike industry veteran Ming Tan, has hired Aspekt Brand Communications as its USA agency of record for Astute Italia, a handmade saddle brand.

The homepage of Boa's new website.

DENVER (BRAIN) — Boa Technology, the maker of a dial-type shoe lace used on cycling shoes and many other products, has plans to give more attention to consumer brand building, marketing and education, the company said.

But the builder's show says it will not hold future events in Utah.

PORTLAND, Ore. (BRAIN) — Next month's North American Handmade Bicycle Show in Salt Lake City will go ahead as planned despite the recent controversy over land use policies in Utah. However, organizers said they will not plan future shows in the state, and would have moved this year's show if there had been time.

ALISO VIEJO, Calif. (BRAIN) — Continental Tires has hired Oris Intel to monitor its minimum advertised pricing and sales policies, using the MAP monitoring service provider's Prol software.

New Product

Wolf Tooth's new 64 BCD universal chainring.

SAVAGE, Minn. (BRAIN) — Wolf Tooth Components has announced a bunch of new products, including new cogs, chainrings and chainguides.

Industry Stock Chart

NameCurrentChange
Accell Group 21.84-0.750%
Amer Sports 11.95+0.00%
Dorel Industries 34.95-1.35%
Fox Factory 27.18-1.182%
Giant Manufacturing 190.00-0.26%
Ideal 11.50-0.43%
Merida Industries 157.00-0.95%
Shimano 148.00+0.00%
Sun Race 14.75-0.67%
Vista 20.36+0.8197%
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