SAN MATEO, Calif. (BRAIN) — Shares of GoPro plunged in after-hours trading Wednesday after the action camera maker reported a surprising fourth-quarter loss of $11.4 million, or 8 cents a share, compared with a year-earlier profit of $144.9 million.
BEND, Ore. (BRAIN) — Knight Composites has joined Carmichael Training Systems' CTS Athlete Perks program, offering discounts on the carbon wheel brand's products to CTS-coached athletes. CTS and Knight will roll out the program next week.
DUARTE, Calif. (BRAIN) — Folding bike maker Dahon has signed an agreement with Columbus, Ohio-based Oris Intel to use the company's Prowl software to support its North American dealers in MAP compliance.
HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.
MIAMI (BRAIN) — J&B Importers has concluded its third annual sales summit, a meeting between its sales staff and representatives from 23 different J&B vendors.
FORT COLLINS, Colo. (BRAIN) — Mike Gann has been promoted to president of Niner Bikes, as company founder Chris Sugai, who previously held the president title, steps away from day-to-day operations to focus more on bike advocacy.
LEXINGTON, S.C. (BRAIN) — Hawley and Lambert launched new business-to-business websites on Tuesday.
CARLSBAD, Calif. (BRAIN) — Campagnolo North America has launched its mechanics technical training tour. The company is suggesting that all mechanics who service Campagnolo parts attend. On completion, attendees will receive a Campagnolo certification.
ZOLDER, Belgium (BRAIN) — The CEO of the Italian bike brand Wilier Triestina says the company will sue Belgian cyclocross racer Femke Van den Driessche, who is accused of using a hidden motor at the Cyclocross World Championships on Saturday.
Editor's note, Jan. 29, 2016: The Guru auction is tentatively scheduled for Feb. 9. The auction will be conducted by Auctioneer Continental in Montreal.
MADISON, Wis. (BRAIN) — Planet Bike has revised its sales and pricing policies to prohibit sales of its current model year products on auction sites.
SEATTLE (BRAIN) — Cascade Bicycle Studio has announced its partnership with custom Czech framebuilder Festka. Cascade Bicycle Studio is now the exclusive online U.S. retailer for Festka and the exclusive in-store retailer for the western U.S.
WILTON, Conn. (BRAIN) — Cycling Sports Group has hired Hannah Parish as its director of marketing for North America.
LIVINGSTON, Scotland (BRAIN) — David Pritchard has joined the Scottish cycle clothing supplier Endura Ltd as sales director. The company said the new position was created to provide greater experience and support to its global sales team.
SANTA FE, N.M. (BRAIN) — Friends and family of Dave Wilson, a former long-time Specialized regional sales manager in the Southwest, and former sales manager for Bicycle Retailer, are planning a tribute bike ride in his honor. Wilson died at home in Santa Fe on Jan. 20 at age 60.
BOULDER, Colo. (BRAIN) — Selle Anatomica will be the official saddle of this year's North American Handmade Bicycle Show, and will be building saddles at the show.
The show is Feb. 26-28, at the Sacramento Convention Center in California.