News
STOCKHOLM (BRAIN) — Buoyed by Sports & Cargo Carriers, Thule Group's first-quarter net sales increased 8.7% year-over-year.
BENTONVILLE, Ark. (VELO) — Rapha has closed its North American office here, but the brand's CEO says the area remains its North American headquarters.
WASHINGTON (BRAIN) — Some multipurpose kids' bike helmets sold on Temu.com and imported by Chau River Sports Outdoors are being recalled because they don't comply with the Consumer Product Safety Commission impact certification requirements.
STOCKHOLM (BRAIN) — MIPS' first-quarter net sales decreased 6% year-over-year, and despite what the helmet technology company said was a return to more normal bike inventory levels, its Sport sub-category still declined 9%.
BOULDER, Colo. (BRAIN) — At least four former Stages Cycling executives have joined Giant Manufacturing as the power meter and smart bike brand has apparently stopped operations. Meanwhile Giant, which manufactures many Stages products in Taiwan, is suing Stages for about $14 million in unpaid invoices.
EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent company Helen of Troy fourth-quarter net sales increased 1% year-over-year, while 2024 net sales declined 3.3%.
CAMBIAGO, Italy (BRAIN) — Colnago reported sales of 55.7 million euros ($59.6 million) in 2023. The privately held company's financial statements were approved at a shareholders' meeting on Tuesday.
OSAKA, Japan (BRAIN) — Shimano is reporting that its first quarter sales were 100,557 million yen ($650 million), down 20.2% from the same quarter last year. In the company’s bicycle division, sales were down 22.6% to 76,090 million yen. Company-wide, ordinary income was up 0.9% from the first quarter of last year.
MONTEREY, Calif. (BRAIN) — Norco Bicycles celebrates 60 years in 2024, and its attendance at the Sea Otter Classic last week was a chance to reacquaint the U.S.
MONTEREY, Calif. (BRAIN) — Joe Gales was getting frustrated trying to stay with his e-MTB buddies on his Ibis Mojo pedal bike. A lower back injury kept him off the bike most of last year, making his climb back to keep up even more frustrating.
MONTEREY, Calif. (BRAIN) — How do you sell e-MTB retailers on GASGAS and Husqvarna, two brands known more for their power bands than pedal power?
Talking face-to-face with dealers in an authentic way. And free burritos and beer doesn't hurt either.
BROOMFIELD, Colo. (BRAIN) — The homepage of e-commerce sites Colorado Cyclist and Planet Cyclery (which merged in late 2021) each began promoting a "Closing Sale" on their homepages this week.
MONTEREY, Calif. (BRAIN) — Kent Outdoors, which acquired Kona Bikes from its founders in 2022, said Friday that after a strategic review it has decided to sell the bike brand.
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