News
SAN DIEGO (BRAIN) — Competitor Group Inc., which has owned Velo magazine, VeloNews.com and VeloPress since 2008, is now interested in selling off the brands, a spokesman for the San Diego-based company said Thursday.
BOULDER, Colo. (BRAIN) — Merchandise sales at IBDs fell 5 percent in June over the same period in 2013 to total $373 million, according to Leisure Trends Group's latestRetailTrak IBD sales summary. And although unit sales fell 8 percent, average retail-selling prices rose 4 percent over June 2013.
WASHINGTON (BRAIN) — Dynacraft is recalling about 3,100 youth bikes, sold exclusively at Toys"R"Us, because the front wheel can fall off.
Consumer are being told to stop using the bikes and to contact Dynacraft for a free repair.
OLNEY, Ill. (BRAIN) — Sapim USA will be giving away a Zipp 404 clincher wheelset to a shop that displays a Sapim sticker on its front door, van or elsewhere.
LAGUNA NIGUEL, Calif. (BRAIN) — Media participants at last month's PressCamp in Utah have chosen Smith's new Overtake road helmet as the best new product introduced at the event.
CALGARY, Alberta (BRAIN) — The Canadian sports retail chain FGL Sports is recalling the Capix Evo and Capix Jr Evo Bike and Skateboard Helmets, which were sold exclusively through FGL Sports-owned retail stores between January and June this year.
LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has enacted a minimum advertised price (MAP) policy and a new e-commerce sales policy, each effective immediately.
A new financial study confirms a sad truth about bicycle retailing: most bike shops do not make a profit on the sale of new bicycles.
WHEAT RIDGE, Colo. (BRAIN) — The company behind Optic Nerve sunglasses and goggles is renaming itself and launching a second sunglass brand, to be called One by Optic Nerve.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has expanded its retail education schedule for this year's show.
QUEBEC (BRAIN) — Outdoor Gear Canada will be the exclusive distributor of Redline BMX bikes in Canada, starting with the 2015 model year. Redline is owned by Accell North America.
BERKELEY, Calif. (BRAIN) — Highway Two, a California-based distributor, is pledging to donate 1 percent of its sales to the National Interscholastic Cycling Association.