SAN MATEO, Calif. (BRAIN) — GoPro says it expects a 16 percent increase in revenue for 2015. However, weak sales of its newest model, the Hero4 Session contributed to a decision to cut about 7 percent of its workforce, or about 105 employees.
BOULDER, Colo. (BRAIN) — PeopleForBikes has announced the recipients of its most recent cycle of Community Grants, with eight awards totaling $51,750.
SAN DIEGO (BRAIN) — De Soto Sport has reached an agreement with Aqua Lung that allows Aqua Lung to continue marketing Michael Phelps Xpresso swimwear. De Soto will stop using the Espresso name on its wetsuits after selling off its remaining stock.
BOULDER, Colo. (BRAIN) — The Outdoor Industries Women's Coalition, in collaboration with the Bicycle Product Suppliers Association, has announced a new scholarship program that will bring three women from the bike industry to this spring's Bicycle Leadership Conference in Monterey, California.
CHICOUTIMI, Quebec (BRAIN) — Devinci has named former pro road racer David Veilleux as its new R&D/road brand manager.
TEMPE, Ariz. (BRAIN) — Motorcycle industry experts offered a glimpse of the challenges and opportunities in their market to a crowd of 250 bike industry members attending the IBD Summit this week in Tempe, Ariz.
BOULDER, Colo. (BRAIN) — As of Jan. 1, Full Cycle Bikes, one of Boulder's oldest bike shops, has changed hands. Russ Chandler and business partners Ed Kuh and Adam Brodnicki bought the business from Kaj and Karli Gronholm, who owned it for 10 years.
WASHINGTON (BRAIN) — QBP is recalling about 1,000 Stolen BMX bikes because the front wheel can detach due to improperly fitting retention washers. Because of the improper washers, the bikes do not meet federal bicycle standards.
OGDEN, Utah (BRAIN) — Mavic has appointed Denise Landy as its national account manager and Mark Niemiec as community marketing manager.
PLEASANT VALLEY, Mo. (BRAIN) — Chamois Butt'r maker Paceline Products has announced a new minimum advertised price policy for all its dealers and distributors in North America, which took effect Jan. 1.
PHOENIX (BRAIN) — Current and former Cannondale employees were gathered outside the Marriott Hotel at the IBD Summit swapping stories about Steve Gooch, a longtime friend and mentor to many. Gooch was found dead Sunday after what might have been a fall while hiking a favorite trail in Virginia.
NEW YORK (BRAIN) — Priority Bicycles, a consumer-direct bike brand that launched with a crowdfunding campaign in 2014, is releasing its second model, the Priority Eight.
CLEARFIELD, Utah (BRAIN) — Bollé has promoted Greg Kottenstette to North American sales manager for outdoor & specialty business. Kottenstette has worked in various capacities for the brand for 31 years, most recently as national accounts manager.
BOSTON (BRAIN) — Vittoria is proud to announce it has tapped legendary freeride and trials mountain bike rider Jeff Lenosky as a brand ambassador.
(BRAIN) — Serial Kickstarter Brian Davis is starting a crowdfunding campaign Tuesday to produce a new neck gaitor/bandana design for winter cycling and other activities.
LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has a new distributor within Australia: Lusty Industries Pty Ltd.
BOULDER, Colo. (BRAIN) — The Outdoor Industries Women's Coalition recently elected three new members to serve on its national board of directors.