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Posted July 23, 2015

SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.

Posted in International Tagged Earnings/Financial Reports
Posted July 22, 2015
UPDATED
Representatives from the MTB division say sale is underway and bike production continues despite parent company's announcement to investors and shareholders.
Posted in North America
Posted July 22, 2015

SAN FRANCISCO (BRAIN) — Ass Savers, the Swedish maker of lightweight rear fenders, is sponsoring USA Cycling for the 2015 season and will provide Team USAC members with customized fenders.

Posted in North America
Posted July 22, 2015
The 2016 Bianchi Methanol.

HAYWARD, Calif. (BRAIN) — After an approximately four-year hiatus, Bianchi USA is once again offering mountain bikes here. 

Posted in North America
Posted July 22, 2015

KENT, Wash. (BRAIN) — Raleigh Bicycles is sponsoring the National Bicycle Dealers Association's "America's Best Bike Shops" program for 2015. The program highlights and promotes bicycle retailers that provide the industry with the best customer support, knowledge, operational excellence, and bicycle advocacy.

Posted in Retail News
Posted July 22, 2015

SAN FRANCISCO (BRAIN) — Chrome Industries was established in Boulder, Colo., in 1995, but is now based in San Francisco. The bag company is returning to its roots with the opening of a new store in Denver in its 20th anniversary year.

Posted in Retail News
Posted July 22, 2015
Mobile repair and retail service looks to expand via franchise business.

SAN CARLOS, Calif. (BRAIN) — Beeline Bikes has closed a $2.6 million Series A financing round led by Backcountry.com, owner of Competitive Cyclist, that will be used to expand the Bay Area company's fleet of mobile bike shops across the U.S. using a franchise model.

Posted in North America
Posted July 22, 2015
The Alchemy Oros.

DENVER (BRAIN) — High end framebuilder Alchemy Bicycles is expanding beyond its road and 'cross offerings with a carbon hardtail mountain bike that it is now shipping, and plans to expand its mountain bike offerings in part by working with David Earle's Sotto Group.

Posted in Product/Tech
Posted July 22, 2015
TINLEY PARK, Ill. (BRAIN) — This October's first annual Chicagoland Unconventional Bicycle Expo will showcase recumbents, recumbent tricycles, quadracycles, folding cycles, tandems, velomobiles, transporters, e-bikes, special-needs bikes, cargo bikes, child and load trailers, customized designs and accessories.
Posted in North America Tagged Consumer Expos and Rides
Posted July 22, 2015

PHILADELPHIA (BRAIN) — Industry veteran George Simone has joined Advanced Sports International in the newly created role of vice president of global business development. Simone is charged with developing short- and long-term growth plans for ASI.

Posted in North America Tagged People
Posted July 22, 2015

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.

GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."

Posted in International Tagged Earnings/Financial Reports
Posted July 22, 2015

OLATHE, Kan. (BRAIN) — Garmin on Wednesday announced its first underwater heart rate monitors, for swimmers and triathletes.

The new HRM-Tri and HRM-Swim are desiged to be compact and streamlined for minimal drag in the water.

Posted in Product/Tech
Posted July 22, 2015
The Ultegra-equipped titanium Chilkoot will retail for $4,695
SNOWBASIN, Utah (BRAIN) — Best known for its murdered-out, black-on-black disc-brake carbon bikes, QBP house brand Foundry Cycles has repositioned itself with fresh branding and, starting in August, a return to the traditional road bike market.
Posted in Product/Tech
Posted July 22, 2015
Video is below the story.

VICTOR, Idaho (BRAIN) —  When it came time to list their store, Fitzgerald's Bicycles, for sale earlier this year, retailers Scott and Janine Fitzgerald took an unconventional approach.

Posted in Retail News
Posted July 21, 2015
Bliss' ARG Minimalist Knee Pad.

HERMOSA BEACH, Calif. (BRAIN) — Bliss, a Germany-based protective gear brand, is looking to come to the U.S. market this year with its line of lightweight mountain bike pads.

Posted in International
Posted July 21, 2015

MILL VALLEY, Calif. (BRAIN) — True Communications has hired industry veteran Kevin Rouse to join the agency's public and media relations team.

Rouse will join True as an account manager starting immediately. He will be responsible for media strategy and outreach with a number of True clients.

Posted in North America Tagged People
Posted July 21, 2015
The Deadwood 29-plus off-road touring and bike packing model
SNOWBASIN, Utah (BRAIN) — Is it really necessary for one brand to offer not one, not two, but THREE different drop-bar 29er bikes? Oh yeah, says Benton Hunt, global sales manager for Salsa Cycles. It’s all about the individual experience and where the bike can take a rider, he said during the Salsa 2016 model year presentation QBP’s SaddleDrive dealer event in Snowbasin.
Posted in Product/Tech Tagged Events
Posted July 21, 2015

BOULDER, Colo. (BRAIN) — The Green Lane Project is asking city transportation staffers and consultants to complete a survey on how protected bike lands are working out.

Posted in North America Tagged Advocacy/Non-profits
Posted July 21, 2015

DENVER (BRAIN) — Colorado's pro stage race, the USA Pro Challenge, has expanded its agreement with Pearl Izumi. The Colorado-based clothing brand will now serve as the race's year-round official merchandise retail partner.

Posted in North America
Posted July 21, 2015

WILMINGTON, Del. (BRAIN) — Blue Bicycle has named Orli Chinea its national sales manager. Chinea was most recently was working as the western regional manager for Blue.

Posted in North America

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