News

Posted May 3, 2018
Company cites strong sell-through of streamlined product lineup and expects new entry-level camera to buoy Q2.
GoPro launched the $199 entry-level Hero camera at the end of the first quarter.

SAN MATEO, Calif. (BRAIN) — GoPro on Thursday posted a narrower-than-expected first-quarter loss on strong sell-through of its Hero5 Black and Hero6 Black action cameras.

Posted in Industry News Tagged Earnings/Financial Reports
Posted May 3, 2018
Irene and Terry at the BRAIN show booth.

LAGUNA HILLS, Calif. (BRAIN) — Their friendly faces have welcomed readers at Bicycle Retailer's booth at Interbike for many years. Terry and Irene Moyes, who served in various roles at the publication, including circulation and sales, are retiring from the magazine, where they've worked since its launch in 1992.

Posted in Retail News Tagged Media/Publishing / BRAIN News / Interbike
Posted May 3, 2018

INDIANAPOLIS (BRAIN) — PeopleForBikes recognized and awarded several cities at the second annual PlacesForBikes conference, which wraps up today in this Midwestern city.

Posted in Industry News
Posted May 3, 2018
Kalamazoo riders before Tuesday's post-verdict ride.

KALAMAZOO, Mich. (BRAIN) — Bike riders do things a bit differently now in this city of 75,000, where a driver plowed his truck into a group road ride nearly two years ago, killing five cyclists and injuring four others.

Posted in Retail News
Posted May 3, 2018
Each company has offered up a bike to be raffled by regional groups.
The new Ibis Ripmo.

STEAMBOAT SPRINGS, Colo. and SANTA CRUZ, Calif. (BRAIN) — If you are looking for a chance to win a pricey new bike and support bike advocacy, there are at least two new raffle options this month.

Posted in Industry News
Posted May 3, 2018
A scene from the 2017 Interbike show.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions Events on Thursday reported 4.8 percent revenue growth for the first quarter. Revenue reached $142.2 million, compared with $135.7 million for the same quarter last year. 

Posted in Industry News Tagged Earnings/Financial Reports / Interbike
Posted May 3, 2018
Photo credit: Guy Yechieli

TEL AVIV, Israel (BRAIN) — The city of Tel Aviv has unveiled Israel's newest velodrome, said to be the most advanced indoor bike racing arena in the Middle East. The velodrome's unveiling was Tuesday, a few days before the start of the Giro d'Italia in Israel on Saturday.

Posted in International Tagged Racing & Sponsorship
Posted May 3, 2018

MINNEAPOLIS (BRAIN) — A U.S. District Court judge has dismissed a case that Greg LeMond filed against a father and son who LeMond said were cybersquatting web domains related to LeMond's name and his business trademarks.

Posted in Industry News
Posted May 2, 2018

NEWBURY PARK, Calif. (BRAIN) — Giant is holding several virtual rides to honor founder King Liu May 4-6. The company has been holding an annual ride led by Liu, now 84, in Taiwan for 10 years. This year, riders from all corners of the world can join in on Zwift.

Posted in International
Posted May 2, 2018
Fox introduced the Step Cast 34 fork at Sea Otter.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said sales in its bike product division, which includes Fox, Marzocchi, Race Face and Easton Cycling, were up 10.3 percent in the first quarter, which ended March 30. The company said original equipment orders drove the sales increase.

Posted in Industry News Tagged Earnings/Financial Reports
Posted May 2, 2018
The new Garmin Edge 520 Plus.

OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported record first-quarter revenue of $711 million, up 11 percent, on improved sales of outdoor, fitness, aviation and marine products. Those gains offset continuing declines in the company’s automotive business.

Posted in Industry News Tagged Earnings/Financial Reports

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