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Posted in North America 2 hours 47 min ago
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FORT COLLINS, Colo. (BRAIN) — Connex has reduced the U.S. wholesale and suggested retail prices of its chains by about 10 percent due to the continued weakness of the euro against the U.S. dollar, the company announced this weel. The company also announced a new minimum advertised price policy in the U.S.

Posted in North America 3 hours 30 min ago
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OLNEY, Ill. (BRAIN) — SKS USA will now act as the exclusive North American brand manager and distributor of SQlab saddles.

Posted in North America 3 hours 49 min ago
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Company doesn't mention cycling products in quarterly presentations.

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin stocks hit a 52-week high on Wednesday after earnings and revenue far exceeded analyst expectations for the first half. The company also raised its guidance for the second half.

Posted in North America 4 hours 25 min 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 5 hours 11 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 1 day 1 hour 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 4 hours 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 5 hours 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 23 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 2 days 28 min 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 4 hours 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 5 hours 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.

New Product

PORTLAND, Ore. (BRAIN) — BikeFlights.com is now selling its cardboard bike shipping box, which it first showed at last year's Interbike show.

Industry Stock Chart

NameCurrentChange
Accell Group 23.18+0.11%
Amer Sports 13.79+0.00%
Dorel Industries 37.04+0.00%
Fox Factory 19.19-0.57%
Giant Manufacturing 217.50-1.14%
Ideal 12.45-0.80%
Merida Industries 145.00-1.02%
Shimano 151.39+2.64%
Sun Race 12.85-1.15%
Vista 49.97-0.16%
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