FOOTHILL RANCH, CA (BRAIN)—Oakley reported higher quarterly profit, in line with analysts' estimates.
Oakley said third-quarter net income rose 37 percent to $23.7 million, or 34 cents a share, from $17.3, or 25 cents, a year earlier. Sales increased 25.5 percent to $263.8 million.
MONTREAL, Quebec (BRAIN)—Outdoor Gear Canada (OGC) has moved into its new “green” head office and warehouse in Montreal's St-Laurent borough.
WHEAT RIDGE, CO (BRAIN)–Wheat Ridge Cyclery is expanding its reaches into the world of fitness.
The Wheat Ridge Cyclery Fitness Center will feature yoga, spin classes and various other cardio and core related classes.
BOULDER, CO (BRAIN)—In order meet increased demand for Maverick bicycles and components, and to better serve existing retailers, Maverick announced the appointment of the following sales representatives:
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BOULDER, CO (BRAIN)—SmartEtailing has hired four new employees for the company's support, development and content teams.
DOVER, NJ (BRAIN)—Van Dessel Cycles’ founder Edwin Bull has purchased the company.
RAMONA, CA (BRAIN)–Fighting their way through ashy, smoky winds, Ellsworth Handcrafted Bikes' employees were stuck in gridlock traffic yesterday as they tried to flee a rapidly advancing wildfire on their Ramona administrative headquarters.
WASHINGTON D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Reynolds, yesterday announced a voluntary recall of Reynolds UL forks.
Roughly 330 of these forks were sold.
VANCOUVER, WA (BRAIN)—Pearl Izumi’s future with Nautilus appears to be in limbo.
Because of struggling first half sales numbers, Nautilus has decided to listen to offers for the sports apparel company.
LAGUNA HILLS, CA (BRAIN)—A new study estimates that bicycle-related injuries among children and adolescents result in nearly $200 million in hospital inpatient charges annually.
Click on link for full story.
BERKELEY, CA (BRAIN)—Vanderkitten has established Vanderkitten Racing, an experienced and talented team of elite women cyclists contesting the NRC Road circuit in 2008.
TRABUCO CANYON, CA (BRAIN)—Xterra Adventures has named Roman Roth as president.
The multi-sport adventure travel company specializes in mountain bike and road bike tours, which combines other activities and cultural experiences to create tours for recreational enthusiasts to hardcore athletes.
NEW YORK, NY (BRAIN)—Turn to page 62 of the latest issue of Newsweek and you'll see the headline "Bikes for Boomers."
Writer Paul Tolme highlighted three "comfort bikes."
"Geared toward baby boomers, comfort bikes are ideal for cruising bike paths and pedaling to the corner grocery," Tolme wrote.
BLOOMINGTON, MN (BRAIN)—Beginning in January, QBP and WTB will donate a portion of profits from sales of WTB Rocket V Team black saddles to the Mountain Bike Hall of Fame.
SEATTLE, WA (BRAIN)—Sean Leslie left his marketing duties at Base Camp Communications for the great Northwest.
Leslie has already landed on his feet. Leslie got a coveted role as account manager for action sports and outdoor lifestyle PR firm Hayter Communications.
KONA, Hawaii (BRAIN))—Hawaii’s Ironman brings out the statisticians in the industry, particularly among the major bicycle companies.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Huffy, yesterday announced a voluntary recall of the 2007 Huffy Howler and Highland Bicycles
Roughly 22,000 of these bicycles were sold.
WASHINGTON, D.C. (BRAIN)—The U.S. Consumer Product Safety Commission, in cooperation with Formula Brake USA, yesterday announced a voluntary recall on its Oro Disc Brakes.
Roughly 5,700 of these brakes were sold.
FOOTHILL RANCH, CA (BRAIN)—Oakley saw second quarter net sales jump 29.3 percent to $263.2 million, from $203.6 million in the same quarter last year.