News

Posted August 1, 2013
The bike brand is preparing for sales meeting and 2014 launch

IRVINE, CA (BRAIN) — Felt Bicycles, which is preparing for its 2014 sales meeting and product launch this weekend, recently laid off six employees within its three U.S. facilities. Company president Bill Duehring blamed the layoffs on an industrywide downturn.

Posted in North America
Posted August 1, 2013

KETCHUM, ID (BRAIN) — Apparel brand Club Ride announced a 123 percent increase in sales in the first half the year, to $1.116 million.

Posted in North America Tagged Earnings/Financial Reports
Posted August 1, 2013

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin is reporting strong fitness sales in its second quarter and said its long-anticipated Vector power meter is now in "mass production and will be delivered to retailers soon."

Posted in Industry News Tagged Earnings/Financial Reports
Posted July 31, 2013
The PowerTap G3 hub

MADISON, WI (BRAIN) — Shortly after separating its PowerTap product family from its CycleOps trainer and stationary bike brand, Saris Cycling Group announced steep retail price reductions for the power measurement line effective Thursday. Dealer margins are unchanged, Saris said.

Posted in North America
Posted July 31, 2013
The Pacenti Quasi-Moto 650b

HAYWARD, CA (BRAIN) — In 2007, framebuilder Kirk Pacenti hired Panaracer to make him some 650b mountain bike tires on a contract basis.

Posted in Product/Tech
Posted July 31, 2013

GIG HARBOR, WA (BRAIN) — The family of Steve Ready, Interbike’s co-founder, who recently passed away, will be hosting a celebration of his life Saturday, Sept. 14, at the Museum of Glass in Tacoma, Washington.

Posted in North America Tagged People / Interbike
Posted July 31, 2013

BERKELEY, CA (BRAIN) — The National Interscholastic Cycling Association (NICA) and IMBA are screening the documentary about the positive impact of the high school cycling movement at the Outdoor Retailer expo in Salt Lake City, Utah, this week. 

Posted in North America Tagged Events
Posted July 31, 2013
Chris Wilmshurst
IRVINE, CA (BRAIN) — Vital Media Network will soon launch a U.K. edition of its VitalBMX website. 
 
Posted in International Tagged Web/Internet / Media/Publishing
Posted July 31, 2013
Ben Serotta

SARATOGA SPRINGS, NY (BRAIN) — As the Serotta bicycle company fulfills final orders and prepares to shut down bike production here, founder Ben Serotta said he intends to continue making bikes, under his name or another.

Posted in North America
Posted July 31, 2013
CEO says "funds never came" after merger with Blue and Mad Fiber

SARATOGA SPRINGS, NY (BRAIN) — Serotta has laid off 40 percent of its workforce and is planning to shut down production in the next two weeks, CEO Bill Watkins told BRAIN on Wednesday.

Posted in North America
Posted July 30, 2013

SCOTTS VALLEY, CA (BRAIN) — Fox Factory Holding released more details on its planned IPO Tuesday, but it still has not set a date for the auction. 

Posted in North America Tagged Earnings/Financial Reports
Posted July 30, 2013

KENT, WA (BRAIN) — French bike brand Lapierre has launched a new website for its recently formed North American division.

Posted in North America Tagged Web/Internet
Posted July 30, 2013

BUSNAGO, Italy (BRAIN) — F.S.A. Europe will be closed for summer holidays from Aug. 5-19. The office will re-open Aug. 20.  

Posted in International
Posted July 30, 2013

VAN NUYS, CA (BRAIN) — Easton-Bell Sports has hired two regional sales managers. Dan Knisely will handle the Eastern region and Canada and Chris Bogue will handle the West.

Posted in North America Tagged People
Posted July 30, 2013

BOULDER, CO (BRAIN) — Monica Davis, until recently a regional sales manager for Giant Bicycle, has been named publisher of Elevation Outdoors magazine and MountainGazette.com. The titles are owned by Summit Publishing and based in Boulder, Colorado.

Posted in North America Tagged People / Media/Publishing
Posted July 30, 2013

WASHINGTON, DC (BRAIN) — Ski and snowboard participation slumped 3 percent last season, largely due to a slow start to the season, according to a new industry report.

Posted in Studies/Reports
Posted July 29, 2013
The Liv/Giant Intrigue

DEER VALLEY, UT (BRAIN) — If there is one word that best describes Giant’s 2014 product line, it is bold.

Posted in Product/Tech

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