SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced the final round of nominees for the 2015 Interbike Awards for Athlete designations.
Editors from Velo magazine selected the top athlete nominees in six different categories representing the majority of cycling disciplines.
MONTREAL (BRAIN) — Dorel Industries reported that second-quarter revenue for its bike business, Dorel Sports, was down $35.2 million or 12.3 percent compared to the same quarter last year. Revenue totaled $251.1 million compared to last year's $286.2 million for the segment.
VENTURA, Calif. (BRAIN) —New distributor Zeitbike has hired Dennis Ocondi as sales representative for the state of Washington.
IRVINE, Calif. (BRAIN) — Felt Bicycles has announced the addition of four new employees.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said Wednesday that its sales in the first half of its fiscal year were up 15.8 percent, to $165 million.
CHATTANOOGA, Tenn. (BRAIN) — Lynskey Performance Designs has hired Randy Finnell as the company's new director of sales.
LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer & Industry News' latest print issue, the Aug. 1 edition, takes the temperature of the industry after the first six months of the year. The verdict: It’s sluggish, say distributors.
WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has completed the sale of CamelBak Products to Vista Outdoor Inc. for $412.5 million plus an additional $14.1 million of estimated cash and working capital adjustments.
SIMI VALLEY, Calif. (BRAIN) — Accell North America has established a standalone business unit called Haibike USA to handle the sales and marketing of Haibike e-bikes in the United States.
LAFAYETTE, Colo. (BRAIN) — Blue Cycles is transitioning its operations to the West Coast and readying for an introduction of its 2016 line even as its CEO, Steven Harad, is no longer with the company.
BERLIN (BRAIN) — Organizers of the Berliner Fahrradschau show, one of the largest European consumer bike shows, announced that the 2016 edition will be held March 18-20.
The event is being held at the Station-Berlin.
DEL MAR, Calif. — Benno Baenziger, co-founder of Electra, is back in the bike industry with a new line called Benno Bikes and is looking for a distributor to handle sales in North America and internationally.
BOLOGNA, Italy (BRAIN) — Andrea Pierantoni, sales and marketing director for Tenneco Marzocchi, is hopeful that a sale of the motorcycle and bike suspension business will keep the Italian brand alive.
OLATHE, Kan. (BRAIN) — Garmin shipped 8 percent more units in the second quarter than a year earlier but saw revenue edge slightly lower as unfavorable currency rates reduced revenue by $59 million and negatively affected margins during the period.
BOULDER, Colo. (BRAIN) — CatEye America has signed with Mountainview Sports Group for sales representation in the Southeast states of North Carolina, South Carolina, Georgia, Tennessee, Mississippi and Alabama.