EL SEGUNDO, CA (BRAIN) Feb 9, 09:43 MT—Walmart has added ACT USA and ACT China, independent, third-party ISO/IEC 17025-accredited testing groups, to its list of preferred vendor test labs.
LOS ANGELES, CA (BRAIN) Feb 8, 18:27 MT Sport Chalet Inc. on Wednesday reported a 2 percent decrease in same-store sales and slightly deeper loss for its fiscal third quarter as unseasonable weather kept customers away from winter resorts.
OSAKA, Japan (BRAIN) Feb 8, 18:09 MT — With sales flat in most world markets, Shimano cited sales of sports bikes into China as driving its bicycle component sales up 5 percent last year to $2.3 billion (177.3 billion Yen).
BLOOMINGTON, MN (BRAIN) Feb 8, 16:09 MT—QBP is teaching some of its employees how to work on bikes, in hopes of expanding their career horizons and perhaps encouraging them to ride more.
Crankbrothers dreambikes auction continues, $29,000 raised so far • Quebec fondo renamed with new sponsors • MJM Associates to manages western sales of Lake shoes; offers bike demo program • Endurance Films becomes USA Cycling Silver Level Sponsor • Pedego launches social media campaign
BOULDER, CO (BRAIN) Feb 7, 12:16 MT—SRAM made a big splash with the introduction of its new Red road group in Mallorca last week.
Post-Interbike Fondo ride route announced • Four brands team up to promote Cutters Ball during Frostbike • Chris Carmichael is national spokesman for Tour de Cure series
MELBOURNE, Australia (BRAIN) Feb 7, 06:37 MT — Six key industry suppliers have stepped up their commitment to the Australian market through an investment in the Cycling Promotion Fund (CPF) advocacy group.
NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.
By Doug McClellan
Editor's note: BRAIN's complete package on nonprofits, including an executive salary breakdown, is in the February issue.
By Nicole Formosa
NEW YORK, NY (BRAIN) Feb 6, 12:55 MT—Nielsen Holdings, which runs the well-known television traffic survey as well as the bike trade show Interbike, is reporting a revenue increase of 8 percent for 2011.
LAUSANNE, Switzerland (BRAIN) Feb 6, 12:28 MT—Sport's highest court on Monday announced that Alberto Contador has been found guilty of doping at the 2010 Tour de France.
SRAM is title sponsor of Tim Johnson's Ride on Washington • Seattle Bike Supply holds 'Armchair Open House' • Stage Race Distribution is North American importer for Olympia bike line
HEERENVEEN, Netherlands (BRAIN) Feb 6, 09:26 MT—Accell Group N.V. is strengthening its operations in Asia with the appointment of a senior executive for its offices in Taiwan.
AUSTIN, TX (BRAIN) Feb 3, 15:35 MT — A two-year investigation into alleged doping activity by Lance Armstrong has ended without charges, U.S. Attorney Andre Birotte Jr. announced Friday in a press release.
CARMEL, IN (BRAIN) Feb 3, 13:42 MT —The Bike Line, a second-generation family-run retailer, will move from its current Carmel, Indiana, location this spring into the Carmel City Center residential, retail and entertainment development.