All articles by BRAIN Staff
TORONTO (BRAIN) — Onex Corporation — the parent company of Interbike and Bicycle Retailer — has agreed to sell the Tropicana Las Vegas resort to Penn National Gaming for approximately $360 million. Onex, a private equity firm, is a part owner of the resort and casino.
HAYWARD, Calif. (BRAIN) — Bianchi USA has just received its first shipment of its Impulso 105 Disc Compact, a disc-brake equipped road bike that retails for $1,599.99.
COLORADO SPRINGS, Colo. (BRAIN) — Derek Bouchard-Hall, a former pro cyclist who most recently was an executive at the UK-based e-commerce company Wiggle, is set to become the next CEO and president of USA Cycling.
SAN MATEO, Calif. (BRAIN) — GoPro recorded its second-highest revenue quarter in company history in the first quarter this year, registering sales of $363 million and operating income of $22.3 million.
The company said the top five best-selling camera/camcorders in the U.S. are all GoPro models.
BERLIN (BRAIN) — Vittoria has received an award for its successful commercial use of the new carbon material, graphene.
SILVER SPRING, Md. (BRAIN) – The Sports & Fitness Industry Association this week released its 2015 participation report that ranked sports activities by number of participants. Road bicycling ranked 7th on the survey's top 10 list with 20.4 million core participants in 2014.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike on Thursday opened registration for all attendees including retailers, distributors, media and others. Hotel room blocks are now open as well, with lodging options available through Interbike's official travel partner, Travel Planners.
OLATHE, Kan. (BRAIN) — Garmin's overall revenues were flat in the first quarter, but its fitness division — which includes its cycling-related products — grew by 31 percent, the company announced Wednesday.
DUNDAS, Ontario (BRAIN) — South African sock brand Sako 7 is relocating from Cape Town to Ontario, Canada, and will now be distributed by Peter Appleton's SB Sports Inc.
Previously the brand was distributed by Defeet, which remains the brand's manufacturer.
WHITTIER, Calif. (BRAIN) — 3G Bikes is offering three new models in the urban/city category, to complement its beach cruiser bike models.
The new G'Linda and Melrose women's bikes and the Chicago men's bike are designed to offer dealers high margins with attractive retail price points.