News

Posted November 6, 2017

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.

Posted in Industry News Tagged Advocacy/Non-profits
Posted November 6, 2017

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

Posted in Industry News Tagged People
Posted November 3, 2017

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.

Posted in Industry News Tagged People
Posted November 3, 2017

WASHINGTON (BRAIN) — The National Sporting Goods Association and the National Retail Federation — along with the attorneys general from 35 states and the District of Columbia — have signed on to support South Dakota’s efforts to overturn a key ruling that exempts online retailers from collecting state sales taxes.

Posted in Retail News Tagged Web/Internet
Posted November 3, 2017
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. 

Posted in International Tagged Mergers & Acquisitions
Posted November 3, 2017
Dealer Tour editors and sponsors spin along the West Side Greenway.

NEW YORK (BRAIN) — It’s been more than five years since the BRAIN Dealer Tour visited New York City, braving the Big Apple’s busy avenues and steaming July temperatures to visit more than a dozen shops.

Posted in Retail News Tagged BRAIN Dealer Tour
Posted November 2, 2017
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.

Posted in Industry News Tagged Consumer Expos and Rides
Posted November 2, 2017
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

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 2, 2017
The Alchemy Arktos.

DENVER, Colo. (BRAIN) — High-end bike brand Alchemy Bicycles is now offering consumers a 30-day ride-test guarantee on its Ready to Roll bikes. Customers can return the bikes for a full refund of exchange in the first 30 days.

Posted in Industry News
Posted November 2, 2017

EUGENE, Ore. (BRAIN) — Rolf Prima has launched sister brand Astral Cycling to manufacture traditionally laced alloy and carbon rims for consumers and wheel builders at its Oregon facility.

Posted in Product/Tech
Posted November 2, 2017
Chicago's IBDs focus on the business with little drama

CHICAGO (BRAIN) — Unlike many of the other markets the BRAIN staff visited on our Dealer Tours, there's been no turnover among the Chicago-area retailers we visited in 2013. If you value stability and you like speaking with the same shop owner year after year, then Chicago is your market.

Posted in Retail News Tagged BRAIN Dealer Tour
Posted November 2, 2017

BOULDER, Colo. (BRAIN) — This month IMBA is launching a new fundraising push to fund dozens of pre-approved new mountain bike trail projects around the country. The organization has identifued 68 trail and bike park projects in 31 states that will benefit from the fundraising.

Posted in Industry News Tagged Advocacy/Non-profits
Posted November 1, 2017

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory reported record sales of $127.4 million in the third quarter, up 16.9 percent from the same period last year. In its bicycle division, which includes sales through the Fox, Marzocchi, Race Face and Easton Cycling brands, sales were up 8.8 percent in the quarter.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 1, 2017

SAN MATEO, Calif. (BRAIN) — GoPro on Wednesday reported a 37 percent increase in third-quarter revenue to $329.8 million and net income of $14.7 million, compared with a loss of $104 million in the same quarter a year earlier.

Posted in Industry News Tagged Earnings/Financial Reports
Posted November 1, 2017

PORTLAND, Ore. (BRAIN) —Velotech, Inc., which owns the multi-channel retailer Western Bikeworks and e-commerce site BikeTiresDirect.com, has acquired the TriSports.com brand and has relaunched it in place of its current triathlon brick-and-mortar store and e-commerce site, The Athletes Lounge.

Posted in Retail News
Posted November 1, 2017

CARLSBAD, Calif. (BRAIN) — Canyon USA is now offering U.S. customers the option of having their bikes assembled, delivered and fit by Velofix, the mobile bike service franchiser.

Posted in Retail News Tagged Mobile bike apps
Posted November 1, 2017

LANSING, Mich. (BRAIN) – Michigan this week became the seventh state to adopt a three-tiered classification system for electric bikes.

Gov. Rick Snyder on Tuesday signed a trio of bills, backed by e-bike manufacturers and cycling advocates, that also allows e-bikes on certain trails.

Posted in Industry News Tagged Electric bike

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