Industry News

LONG BEACH, Calif. (BRAIN) — ACT Lab, an independent third-party accredited laboratory that conducts safety and compliance testing for consumer products, has retained SOAR Communications of Salt Lake City to manage its public relations, media relations, and corporate communications.

COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes is the latest bike company to appear on a televised entrepreneurs show. Steve Kaczmarek, the brand's owner, appeared on CNBC's "Adventure Capitalists" during a prime-time episode Tuesday.

SAN DIEGO, Calif. (BRAIN) — Canyon Bicycles will be the title sponsor of the 2018 Belgian Waffle Ride, the seventh edition of the more-than-140-mile road and off-road event.

ST. PAUL, Minn. (BRAIN) — Park Tool is launching its third annual Community Tool Grant Program, which awards 10 nonprofit bike programs with more than $1,400 in Park Tool products.

Park Tool is accepting applications from community-oriented, cycling-based programs.

The owner of Bell, Giro and CamelBak sees declines in its outdoor product and shooting sports divisions.
Some of Vista Outdoor's Outdoor Sports brands.

FARMINGTON, Utah (BRAIN) — Vista Outdoors, the owner of Bell, Giro, Blackburn, Bollé, CamelBak and other brands, saw a 9.1 percent decline in sales in its most recent quarter in its Outdoor Products division, which includes those brands.

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) – Online registration has opened for the annual E-Bike Summit hosted by the Bicycle Product Suppliers Association and PeopleForBikes. The event, to be held Dec.

Tagged Electric bike

MORGAN HILL, Calif. (BRAIN) — Specialized Bicycles is donating more than 250 bikes to kids in the Sonoma County community where wildfires have devastated many homes and businesses.

RANCHO SANTA MARGARITA, Calif. (BRAIN) — Jake Duehring will head up Felt Bicycles' sports marketing activities following the departure of founder Jim Felt last week from the company. Duehring has more than 10 years of experience at Felt in marketing, product development and, most recently, international sales.

Tagged People

SOUTH MIAMI, Fla. (BRAIN) — Ofo, a dockless bike share operator, has begun operations in South Miami today.

The mayor of South Miami, Phillip Stoddard, and other elected officials celebrated the start of the program at an event held Tuesday morning at City Hall.

SEATTLE (BRAIN) — Rad Power Bikes is now selling into 28 European countries including Germany, France, the Netherlands and the United Kingdom, following a two-year debut in the United States.

Tagged Electric bike

PHILADELPHIA (BRAIN) — No. 22 Bicycle Company, a Toronto-based handmade titanium frame builder with a factory in upstate New York, announced its first line of stock bikes at the Philly Bike Expo over the weekend.

About 150 registered industry members attended the pre-show trade hours.

PHILADELPHIA (BRAIN) — The Philly Bike Expo attracted a record number of exhibitors and attendees, organizers said, and the show's first attempt at trade-only hours attracted about 150 registered industry members, including retailers and suppliers.

BOULDER, Colo. (BRAIN) — Backcountry Lifeline and The 139 Fund are teaming up to raffle a Specialized Levo Comp 6Fattie, as well as other prizes, to benefit The 139 Fund, which helps support BCLL's ongoing efforts in mountain bike safety. 

TOKYO (BRAIN) — Tern partnered with Bosch eBike Systems to enter the Japan market with a new folding e-bike the brands showcased at the Tokyo Motor Show in the Bosch booth. The show, which closed Sunday, marked Tern's entry into the Japan e-bike market; Japan is Bosch's first e-bike market in Asia.

Tagged Electric bike

SANTA MONICA, Calif. (BRAIN) — The three Tour de Pink charity rides held this year raised a total of $1.3 million for Young Survival Coalition, a non-profit dedicated to the critical issues unique to young women diagnosed with breast cancer.

Tagged Advocacy/Non-profits

SALEM, Mass. (BRAIN) — Vittoria Industries North America has promoted Jason Croom to national sales manager.

IRVINE, Calif. (BRAIN) — Felt Bicycles founder and long-time head of sports marketing Jim Felt will be departing the company he founded in partnership with Bill Duehring, the company announced Friday.

Tagged People
VF owns Vans, The North Face and Smart Wool

GREENSBORO, N.C. (BRAIN) — VF Corporation has signed a purchase agreement with New Zealand-based wool clothing company Icebreaker Holdings, Ltd.

VF already owns The North Face, Vans, Smart Wool, Timberland and Lee. 

Tagged Mergers & Acquisitions
The bike swap meet and expo is now in its 28th year.

DENVER, Colo. (BRAIN) — Organizers of this weekend's VeloSwap consumer bike swap and expo are expecting more than 8,000 attendees and 350-plus vendors, which include individuals, retailers, suppliers, teams and other groups selling used and new gear.

Tagged Consumer Expos and Rides
But officials say sales are rebounding in the fourth quarter following extreme weather and US retail challenges that disrupted business.

MONTREAL (BRAIN) — Dorel Industries reported Thursday that third-quarter revenue in the division housing its mass-market and IBD bikes businesses plunged 18 percent due to factors including hurricanes and other extreme weather in North America, the bankruptcy filing of mass customer Toys R Us in September, and overa

Tagged Earnings/Financial Reports

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