News

Posted February 2, 2017

SAN MATEO, Calif. (BRAIN) — GoPro Inc. on Thursday reported a widened fourth-quarter net loss of $115.7 million — its fifth consecutive quarter in the red — and a full-year loss of $419 million.

Posted in North America Tagged Earnings/Financial Reports
Posted February 2, 2017
Massachusetts builder has produced more than 30,000 frames since 1997.
The Seven staff.

WATERTOWN, Mass. (BRAIN) — In early 1997, a group of former Merlin Metalworks employees launched a new brand, Seven Cycles, with a plan to offer a wide array of custom bikes on a shorter timeline than Merlin and other builders. 

Posted in North America
Posted February 2, 2017
New Santa Fe Springs facility will replace current Long Beach and Huntington Beach warehouses and will serve ASI and Performance.

PHILADELPHIA (BRAIN) — ASI is leasing a 68,000-square-foot facility in Santa Fe Springs, California, that will replace its current offices and warehouse in Huntington Beach as well as a warehouse in Long Beach.

Posted in North America
Posted February 2, 2017

JUPITER, Fla. (BRAIN) — Velocomp has released a free firmware update for its PowerPod power meter. The new firmware improves the device's calibration accuracy and adds framework for a major forthcoming feature that Velocomp calls Real World Wind Tunnel.

Posted in Product/Tech
Posted February 2, 2017

CORTEZ, Colo. (BRAIN) — Mission Sports Group is now working with Mountain Bike Hall of Fame member and Olympian, Ruthie Matthes.

Posted in North America Tagged People
Posted February 2, 2017

SAN DIEGO, Calif. (BRAIN) — The growing UK nutrition brand Science in Sport has hired a general manager for North American growth and development.

Posted in North America Tagged People
Posted February 2, 2017

COLORADO SPRINGS, Colo. (BRAIN) — SRAM has taken its educational program on the road with STU2U.

Posted in North America
Posted February 2, 2017

LOS ANGELES (BRAIN) — Hollywood Racks has brought on Jen Dickson as its new sales manager for U.S. customers.

For the past nine years Dickson was the inside sales manager for KHS Bicycles. She has more than 18 years of industry experience working as a sales rep, mechanic, IBD buyer and manager.

Posted in North America Tagged People
Posted February 2, 2017

GRANCIA, Switzerland (BRAIN) — Ritchey International has brought Jeff Lockwood on board as marketing manager in Europe. Lockwood will be responsible for all aspects of marketing, branding and communications for Ritchey International.

Posted in International Tagged People
Posted February 2, 2017
The Chicago dealer show will move to a 100,000-square-foot space in Schaumburg, Illinois, next year.

ST. CHARLES, Ill. (BRAIN) — At the end of opening day on Wednesday, event staff had printed over 1,100 attendance badges and the show expects they will top 2,000 attendees by the end of the show.

Posted in Retail News Tagged CABDA
Posted February 2, 2017

SAUSALITO, Calif. (BRAIN) — U.S. cyclists itching to swing a leg over a Canyon bike will need to wait a little longer. The German consumer-direct brand is now aiming for a third-quarter launch into the U.S. market.

Posted in North America Tagged Omnichannel
Posted February 1, 2017

SAN MATEO, Calif. (BRAIN) — GoPro Inc. is again selling its Karma drone, which the company removed from the market in November because the drone would sometimes lose power and fall out of the sky, endangering those below. The company said it fixed the problem by redesigning the device's battery latch.

Posted in Product/Tech
Posted February 1, 2017

VANCOUVER, Wash. (BRAIN) — Lazer Sport USA has opened its North American office, which will handle dealer support, sales and customer service. The new office is located in Vancouver, Washington.

Posted in North America
Posted February 1, 2017

NORTHVALE, N.J. (BRAIN) — G. Joannou Cycles has hired industry veteran Chris Budich to manage its U.S. business development for its Jamis and Nirve Bicycles brands.
In his new role, Budich will be responsible for managing the company's IBD network with an emphasis on developing and servicing U.S.

Posted in North America Tagged People
Posted February 1, 2017

PORTLAND, Ore. (BRAIN) — The online bike registry platform Project 529 has acquired the National Bike Registry and is integrating the two programs, which have nearly 400,000 bikes in their combined registries.

Posted in North America Tagged Mergers & Acquisitions
Posted January 31, 2017
The application period for the fifth annual program is open until March 31.

BOULDER, Colo. (BRAIN) — The National Bicycle Dealers Association has launched its fifth annual America's Best Bike Shops program, and this year the association has made it easier to apply for the designation but in some ways also made it harder to earn it.

Posted in Retail News
Posted January 31, 2017

FOUNTAIN VALLEY, Calif. (BRAIN) — Pedego Electric Bikes has expanded its warranty on its bikes and batteries to two years. The new policy is effective for all Pedego bikes sold beginning Jan. 1, 2017. 

Posted in North America
Posted January 31, 2017

LOS ANGELES (BRAIN) — Organizers of the Amgen Tour of California on Tuesday announced the route of this year’s event.

Posted in North America
Posted January 31, 2017

MONTEREY, Calif. (BRAIN) — Operators of the Sea Otter Classic have reached a 15-year agreement with Monterey County for use of the Laguna Seca Recreation Area for its annual event.

Posted in North America Tagged Sea Otter Classic
Posted January 31, 2017
Velofix Minnesota partners Paul Schoening (left) and Al Watts.

MINNEAPOLIS, Minn. (BRAIN) — The owners of VeloFix Minnesota, who eventually plan to operate Velofix vans throughout the state, will hold a grand opening party this Thursday in conjunction with a local Mercedes Sprinter dealership.

Posted in North America Tagged Mobile repair

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