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BRAIN Staff

All articles by BRAIN Staff

April 27, 2016

OLATHE, Kan. (BRAIN) — Garmin reported Wednesday that its first-quarter revenue rose 7 percent and net profit surged 32 percent as the company saw strong double-digit growth in the outdoor and marine segments that helped offset continuing declines in its automotive business.

Posted in North America
April 27, 2016

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. has hired cycling industry veteran Larry Oliver as a factory sales representative, covering Marin's territory of metro New York, New Jersey and Eastern Pennsylvania.

Posted in North America
Oliver will cover Metro New York, New Jersey and Eastern Pennsylvania.
April 27, 2016

BLOOMINGTON, Minn. (BRAIN) —  QBP has hired Nick Ludwig as its OEM sales manager. Ludwig comes to QBP from SRAM, where he was an OEM account manager for QBP's bike brands, as well as for Trek, Marin and a host of others.

Posted in North America
April 26, 2016

OSAKA, Japan (BRAIN) — Shimano on Tuesday reported its second consecutive quarterly year-over-year revenue decline in its bike segment, as it announced that net sales were down 20 percent in the first quarter of 2016. The company's operating income also was down, 30.7 percent.

Posted in International
CORRECTS that this was the second quarterly decline in the bike segment.
April 26, 2016
WASHINGTON (BRAIN) — Tern is expanding its recall of some folding bikes. The recall, first announced in May 2013 covering about 175 bikes, has now been expanded to cover an additional 220 bikes, which were sold as recently as this month. The affected frames can break at the hinge on the toptube.
Posted in Recalls
April 26, 2016

FORT WORTH, Texas (BRAIN) — RPM2 is offering its footbed based power meter for $399, making it one of the lowest-priced power meters on the market. The price is available to the 500 customers to buy the meter from the brand's website using a discount code.

Posted in North America
April 26, 2016

PROVIDENCE, R.I. (BRAIN) — G-Form is now working with mountain bike champion Brian Lopes.

Posted in North America
April 26, 2016

SANTA CRUZ, Calif. (BRAIN) — Santa Cruz lifted its embargo today on its new Tallboy 29er. The Tallboy 3 expands travel by 10 millimeters. It’s also longer, lower and slacker to reflect modern trail geometry. 

Posted in New Products
April 26, 2016

HEERENVEEN, Netherlands (BRAIN) — Accell Group said it recorded higher turnover and profit in the first quarter of this year compared to last year due to higher demand for higher priced e-bikes and sport bikes.

Posted in North America
April 26, 2016

WATERLOO, Wis. (BRAIN) — A Trek spokesman said the company was "just as surprised as anybody else" to see its mountain bikes on the Sam's Club website recently. A Sam's Club spokesperson said the bikes were sourced from legitimate channels.

Posted in North America
Updated: Sam's Club says the bikes were sourced from legitimate channels.

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