News

Posted April 28, 2017

WASHINGTON (BRAIN) — Retail trade groups are applauding the re-introduction of federal legislation that would allow states to collect taxes on goods and services purchased by their residents online, even if the seller was out of state.

Posted in North America
Posted April 28, 2017

SAN MATEO, Calif. (BRAIN) —GoPro on Thursday reported a first-quarter loss of $111.2 million on revenue that rose 19 percent to $218.6 million, topping the company’s guidance for the period.

Posted in North America Tagged Earnings/Financial Reports
Posted April 28, 2017

PORTLAND, Ore. (BRAIN) — Four years after its pioneering survey of e-bike riders in North America, Portland State University has launched a second online survey to gauge how the market is maturing.

Posted in North America Tagged Electric bike
Posted April 28, 2017

PHILADELPHIA (BRAIN) — Advanced Sports International, the wholesale arm of Advanced Sports Enterprises, is reorganizing staff in its sales and marketing departments.

Posted in North America
Posted April 27, 2017
The owner of Interbike and Outdoor Retailer is going public.

TORONTO (BRAIN) — Emerald Expositions' stock will begin trading Friday on the NYSE under the symbol EEX as its owner, Onex Corporation, has gotten the go-ahead to take the company public.

Posted in North America
Posted April 27, 2017

WATERLOO, Wis. (BRAIN) — Trek Bicycle is restructuring and laying off staff. The company said less than 3 percent of its workforce is affected, but declined to provide any more details on the number of people or positions reduced.

Posted in North America
Posted April 27, 2017

LONDON (BRAIN) — Wahoo Fitness products will be getting involved with Rapha Cycling Club and its locations around the world. Wahoo's KICKR stationary trainers will be used at the clubs and its ELEMNT GPS bike computers will be mounted to the Canyon bikes that the club loans to members.

Posted in International
Posted April 27, 2017

HELSINKI (BRAIN) — Amer Sports Corporation is reporting that its cycling sales — comprising business by its Mavic and Enve brands — were down 5 percent in the January through March period, compared to the same period last year.

Posted in International Tagged Earnings/Financial Reports
Posted April 26, 2017

VENTURA, Calif. (BRAIN) — Zeitbike is now exclusively distributing Finn, a smartphone mount from the company Bike Citizens out of Austria. The smartphone holder comes with a mobile app for recording or mapping bicycle routes.

Posted in North America
Posted April 26, 2017

BOULDER, Colo. (BRAIN) — Broken Carbon, which repairs and refinishes carbon bike frames, has expanded its staff, hiring composites expert Cameron Frazer as its lead repair technician.

Posted in North America
Posted April 26, 2017
The Actifly men's shoe.

SAINT-AUGUSTIN-DE-DESMAURES, Québec (BRAIN) — Garneau and Reebok have collaborated to launch a new shoe designed specifically for indoor cycling. The new Actifly shoe was designed for the dedicated fitness and indoor cycling enthusiast, the brands said.

Posted in North America
Posted April 26, 2017

NEWBURY PARK, Calif. (BRAIN) — Giant and Liv are holding their annual "Ride Like King" event this weekend to honor company founder King Liu. The ninth annual event has activities from Friday through Sunday around the world.

Posted in North America
Posted April 26, 2017

BLOOMINGTON, Minn. (BRAIN) — Jagwire has initiated a unilateral minimum advertised price policy, which will be enforced across all channels that are authorized to sell Jagwire products. Last year Jagwire eliminated MSRP in favor of a single price as defined in their MAP policy.

Posted in North America Tagged MAP
Posted April 26, 2017

WASHINGTON (BRAIN) — Riser Holdings Ltd., of Canada, the parent of Chromag Bikes is recalling about 100 stems because the clamping bolts may be prone to breaking when tightened.

Posted in Recalls
Posted April 26, 2017

BOULDER, Colo. (BRAIN) — VeloSport Imports has signed on as the exclusive U.S. distributor for Italy's Gios Cycles.

Founded by Tolmino Gios in 1948, the Gios brand is distributed to more than 30 countries, with warehouses in Europe, Asia and now the U.S.

Posted in North America Tagged Distributor news
Posted April 26, 2017

TORONTO (BRAIN) — Cervélo has donated 10 of its C3 model bikes to Wounded Warriors Canada to support the group's VIMY 100 Battlefield Bike Ride fundraising efforts.

Posted in North America
Posted April 26, 2017

DALLAS (BRAIN) — Zevlin, a maker of handlebar tape and skincare products, says it has now enjoyed three years of double-digit sales growth. 

Owned by brothers Brad and Drew Hagestad, the company has focused on offering custom tape for a variety of clients.

Posted in North America
Posted April 25, 2017

SAN JOSE, Calif. (BRAIN) — Faraday Bicycles, the electric bike brand purchased by Pon Holdings, has filed suit against Faraday Future, a California startup hoping to challenge Tesla in the electric vehicle market.

Posted in Industry News Tagged Electric bike
Posted April 25, 2017

ORLANDO, Fla. (BRAIN) — Catrike has hired three new factory employees, and added to its sales team. The company also announced a new PR agency of record. 

The recumbent trike manufacturer, which produces all its frames at its own factory in Florida, said the new hires resulted from continued sales growth.

Posted in North America
Posted April 25, 2017
Victor Sheldon at last year's Kamikaze e-MTB race.

IRVINE, Calif. (BRAIN) — Bosch and Troy Lee Designs are producing an electric mountain bike races at a California ski resort this summer.

Posted in North America Tagged Electric bike / Racing & Sponsorship

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