Industry News
HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. noted that operating profit in the first half of the year was up 29 percent to $53.8 million (€49.1 million), while net profit was up 21 percent to $34.9 million (€31.9 million).
WILTON, Conn. (BRAIN) — Nick Hage, who started with Cannondale in 2010 in sales operations, was recently promoted to the role of vice president, sales and operations for Cycling Sports Group's Cannondale brand.
ENCINITAS, Calif. (BRAIN) — A startup cycling clothing company is benefitting from its own California-based factory, which produces custom and inline items for its Eliel road bike clothing and Wattie Ink triathlon clothing.
BERKELEY, Calif. (BRAIN) — GU Energy Labs has named Blair Clark as its president and COO.
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association and Pinkbike have announced their media partnership for the 2015 and 2016 season.
SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.
SAN FRANCISCO (BRAIN) — Ass Savers, the Swedish maker of lightweight rear fenders, is sponsoring USA Cycling for the 2015 season and will provide Team USAC members with customized fenders.
HAYWARD, Calif. (BRAIN) — After an approximately four-year hiatus, Bianchi USA is once again offering mountain bikes here.
SAN CARLOS, Calif. (BRAIN) — Beeline Bikes has closed a $2.6 million Series A financing round led by Backcountry.com, owner of Competitive Cyclist, that will be used to expand the Bay Area company's fleet of mobile bike shops across the U.S. using a franchise model.
TINLEY PARK, Ill. (BRAIN) — This October's first annual Chicagoland Unconventional Bicycle Expo will showcase recumbents, recumbent tricycles, quadracycles, folding cycles, tandems, velomobiles, transporters, e-bikes, special-needs bikes, cargo bikes, child and load trailers, customized designs and accessories.
PHILADELPHIA (BRAIN) — Industry veteran George Simone has joined Advanced Sports International in the newly created role of vice president of global business development. Simone is charged with developing short- and long-term growth plans for ASI.
SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.
GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."
HERMOSA BEACH, Calif. (BRAIN) — Bliss, a Germany-based protective gear brand, is looking to come to the U.S. market this year with its line of lightweight mountain bike pads.
MILL VALLEY, Calif. (BRAIN) — True Communications has hired industry veteran Kevin Rouse to join the agency's public and media relations team.
Rouse will join True as an account manager starting immediately. He will be responsible for media strategy and outreach with a number of True clients.
BOULDER, Colo. (BRAIN) — The Green Lane Project is asking city transportation staffers and consultants to complete a survey on how protected bike lands are working out.
DENVER (BRAIN) — Colorado's pro stage race, the USA Pro Challenge, has expanded its agreement with Pearl Izumi. The Colorado-based clothing brand will now serve as the race's year-round official merchandise retail partner.
WILMINGTON, Del. (BRAIN) — Blue Bicycle has named Orli Chinea its national sales manager. Chinea was most recently was working as the western regional manager for Blue.
ORLANDO, Fla. (BRAIN) — Catrike has selected Anson-Stoner as its public relations agency of record after a nationwide search.
The new partnership comes as Catrike said it has has seen unprecedented growth. Sales have grown 55 percent this year and the brand is expecting a 40 percent increase in 2016.
SNOWBASIN, Utah (BRAIN) — Dubbing this the “Year of the Stocking Dealer,” Surly Bikes has overhauled its sales program in an effort to recognize local bike shops for their role in building the QBP-owned brand.
ASHEVILLE, N.C. (BRAIN) — Pro trials rider Jeff Lenosky will perform at the Eastern Outdoor Reps Association trade show in Killington, Vt., planned for Aug. 24-26.
Lenosky will perform Aug. 25 at 6:30 p.m. at the event, being held at Killington Grand Resort's Snow Shed Lodge and & Rams Head.
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