News

Posted August 3, 2016

ATLANTA, Ga. (BRAIN) — Wahoo Fitness has released a software update for its ELEMNT GPS bike computer that includes a live Strava segment feature. Several other GPS computer makers have similar features and Wahoo has promised the update for a while.

Posted in Product/Tech Tagged Mobile bike apps
Posted August 2, 2016
At Eurobike, the company will show products to fit cargo bikes, cruisers and Pinion gearboxes.
Gates' new composite sprocket.

DENVER (BRAIN) — Gates is targeting the high-volume European urban bike and e-bike market with an expanded product line it will introduce at Eurobike at the end of this month. The company also will show new products for use with Pinion gearboxes and Rohloff hubs.

Posted in Product/Tech Tagged Eurobike
Posted August 2, 2016

HUNTINGTON BEACH, Calif. (BRAIN) — Dispatch, a marketing agency that represents several major bike brands, is broadening its approach with a new focus on data-driven marketing.

Posted in North America
Posted August 1, 2016

LEVIS, Quebec (BRAIN) — Lambert is now distributing Enduro Bearings products in Canada. Enduro products, including bike bearings, seals, bottom brackets and tools, are already available for ordering.

Posted in North America
Posted August 1, 2016

FORT WORTH, Texas (BRAIN) — Arundel Bicycle Co. has announced a new MAP policy that prohibits Arundel retailers from selling through third-party websites.

Posted in North America Tagged MAP
Posted August 1, 2016

SPRINGBORO, Ohio (BRAIN) — Safe Haven Brands, the parent company of Airborne Bicycles, DK Bikes and System Cycle Supply, has hired Michael Gamstetter as brand manager of all brands and product manager for Airborne.

Posted in North America Tagged People
Posted August 1, 2016

LONGMONT, Colo. (BRAIN) — Clif Bar CrossVegas has named Boulder, Colorado-based APEX Coaching as its official coaching service. The coaching company will provide training tips and other information to registered CrossVegas competitors. 

Posted in North America
Posted August 1, 2016

GOLDEN, Colo. (BRAIN) — Feedback Sports has hired two additional rep groups to serve the brand in Florida, Arizona, New Mexico and Southern Nevada.

Posted in North America Tagged Sales Reps
Posted August 1, 2016

MORGAN HILL, Calif. (BRAIN) — World Champion Peter Sagan will continue racing on a Specialized as he moves to the German team BORA–hansgrohe for 2017.

Posted in International Tagged Racing & Sponsorship
Posted August 1, 2016
Park Tool signs on as presenting sponsor.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is adding a new show feature, the Interbike Mechanics Challenge, presented by Park Tool.

Posted in North America Tagged Interbike
Posted August 1, 2016

MADRID (BRAIN) — Rotor Bike Components has hired industry veteran Lori Barrett as its North American brand manager.

Posted in North America Tagged People
Posted August 1, 2016

BOULDER, Colo. (BRAIN) – PeopleForBikes has announced its latest round of community grants. Two of the grants were done in conjunction with the International Mountain Bicycling Association.

Posted in North America Tagged Advocacy/Non-profits
Posted August 1, 2016

RANCHO DOMINGUEZ, Calif. (BRAIN) — PricePoint.com, one of the largest e-commerce sites in the bike world, has shut down. Founder and owner Donovan Ivan told BRAIN on Friday that he has been planning the closure for almost a year after deciding he'd rather pursue other business ventures.

Posted in Retail News
Posted July 29, 2016

SQUAMISH, British Columbia (BRAIN) — Kona Bicycles will roll out its online sales program in select U.S. states later this year.

Posted in North America Tagged Omnichannel
Posted July 29, 2016

FLOWER MOUND, Texas (BRAIN) — Longtime Texas retailer Chad Plumlee has opened his third store, called Giant Lakeside. The new location will serve the market around the Dallas-Fort Worth area, including the communities of Flower Mound, Grapevine, and Coppell.

Posted in Retail News
Posted July 28, 2016

BOULDER, Colo. (BRAIN) — According to the Bicycle Product Suppliers Association June report, supplier shipments over the first six months of this year fell 6 percent to 1.2 million units from 1.3 million last year. Sales fell to $551.5 million from $581.3 million over the first half of 2015.

Posted in Studies/Reports
Posted July 28, 2016

FORT COLLINS, Colo. (BRAIN) — Connex has reduced the U.S. wholesale and suggested retail prices of its chains by about 10 percent due to the continued weakness of the euro against the U.S. dollar, the company announced this weel. The company also announced a new minimum advertised price policy in the U.S.

Posted in North America Tagged MAP
Posted July 28, 2016

OLNEY, Ill. (BRAIN) — SKS USA will now act as the exclusive North American brand manager and distributor of SQlab saddles.

Posted in North America Tagged Distributor news
Posted July 28, 2016
Company doesn't mention cycling products in quarterly presentations.

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin stocks hit a 52-week high on Wednesday after earnings and revenue far exceeded analyst expectations for the first half. The company also raised its guidance for the second half.

Posted in North America Tagged Earnings/Financial Reports
Posted July 28, 2016
Company exceeds Wall Street expectations, points to improved sell-thru rates and continued marketshare dominance.

SAN MATEO, Calif. (BRAIN) — GoPro announced a second quarter sales decline of 47 percent this week, along with a loss of nearly $92 million, after reporting a profit last year in the same period.

Posted in North America Tagged Earnings/Financial Reports

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