News
RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS is now distributing Funkier Bike Apparel to U.S. IBDs.
VENTURA, Calif. (BRAIN) — Zeitbike has hired Matthew Feier as its sales rep for Western Colorado, a territory the company described as "left of the Rockies."
LITTLE ROCK, Ark. (BRAIN) — Orbea has promoted Matthew Smith to national sales manager.
WHITEFISH, Mont. (BRAIN) — Hammer Nutrition says it is streamlining its distribution by eliminating two of its distributors. The company said it is retaining seven other distributors and said it expects product availability to improve at the remaining distributors.
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.
BIEL, Switzerland (BRAIN) — As announced last year, DT Swiss is changing its ownership structure as longstanding CEO and chairman Marco Zingg has sold his shares to his two business partners.
ANAHEIM, Calif. (BRAIN) — Triathlon Business International is conducting its second annual Industry Confidence Survey, which the trade group said will serve as "a barometer to multisport industry sentiment on key issues ranging from perspectives on retail prices to the general outlook for growth of triathlon in the U.S."