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Posted May 4, 2015
Reorganization of Oakley expected to double brand's revenue in three years.

MILAN (BRAIN) — Italian eyewear maker Luxottica Group, parent of brands including Oakley, Arnette and Ray-Ban, reported Monday that first-quarter net profit surged almost 34 percent to 210.4 million euros ($234.7 million) as sales in North America rose 29.4 percent and foreign exchange rates provided "a material tai

Posted in North America Tagged Earnings/Financial Reports
Posted May 4, 2015

HELSINKI (BRAIN) — Amer Sports has agreed to Sports Tracker, a company that offers mobile apps that track sporting activities. Like Amer, Sports Tracker is based in Finland.

Posted in Product/Tech Tagged Mergers/Acquisitions
Posted May 4, 2015

BOULDER, Colo. (BRAIN) — Stages Cycling has released a firmware update for its power meter and an update to its mobile app. 

Posted in Product/Tech
Posted May 4, 2015

PORTLAND, Ore. (BRAIN) — Cyclone Bicycle Supply has released the Cyclone Bike Shopper mobile app. The app allows Cyclone dealers to make orders, search Cyclone's catalog, create shopping lists, save favorite carts, scan items into carts, and manage payments.

Posted in North America
Posted May 4, 2015

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. has announced key changes to its U.S. sales department.

Posted in North America Tagged People / Sales Reps
Posted May 4, 2015

SEATTLE (BRAIN) — REI announced Friday that it will open a third distribution center — located in the Phoenix-area suburb of Goodyear, Ariz. — to speed delivery of product to the outdoor co-op's stores and customers in the Southwest.

Posted in Retail News
Posted May 4, 2015

NEW YORK (BRAIN) — British folding bike maker Brompton and iconic U.K. music label and retailer Rough Trade have joined forces to open the Brompton Bike Café at Rough Trade NYC, a gathering place for cyclists in the trendy Williamsburg section of Brooklyn.

Posted in Retail News
Posted May 4, 2015
Alonzo Bodden will host the awards for the second time.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike will hold its second annual bike industry awards gala, the Interbike Awards at the Mandalay Bay Convention Center during the Interbike International Expo this fall.

Posted in North America Tagged Awards / Interbike
Posted May 4, 2015
This IF Gravel Royale is one of the missing review bikes.

SAN CLEMENTE, Calif. (BRAIN) — Bicycling magazine editors and two high-end road bike suppliers are warning the industry to watch out for someone posing as a magazine editor and requesting test bikes.

Posted in North America Tagged Media/Publishing
Posted May 1, 2015

IRVINE, Calif. (BRAIN) — Felt Bicycles is recalling about 200 of Felt Deep Six and El Guapo cruiser bikes because the coaster brakes can fail. The company is replacing the driver in the bike's rear hub to remedy the situation.

Posted in Recalls
Posted May 1, 2015

LAGUNA HILLS, Calif. (BRAIN) — You didn't have to walk far at the Sea Otter Classic expo earlier this month to find a European bike brand selling consumer direct in the U.S.

Posted in Retail News Tagged Media/Publishing / BRAIN News
Posted May 1, 2015

STEAMBOAT SPRINGS, Colo. (BRAIN) — Moots Cycles has promoted Butch Boucher, a 19-year veteran of the company, to president as former president Mike Sanders takes on a part-time role as controller and vice president of special projects in order to enjoy more free time.

Posted in North America Tagged People
Posted May 1, 2015

OSTERMUNDIGEN, Switzerland (BRAIN) — The World Federation of the Sporting Goods Industry has set up a regional Asia office in Hong Kong and hired Helen Ford as the senior executive director of WFSGI Asia.

Posted in International Tagged Advocacy/Non-profits
Posted May 1, 2015
Ben's offers its own frame and bike brand, Milwaukee Bicycle Co.

MILWAUKEE (BRAIN) — Ben's Cycle has recently made several key hires and promotions.

Posted in Retail News
Posted May 1, 2015

BLOOMINGTON, Minn. (BRAIN) — Rever, a new component brand from the owners of Jagwire, is now shipping its first product, a cable-actuated disc brake designed with the needs of U.S. cyclocross and gravel racers in mind.

Posted in Product/Tech
Posted May 1, 2015

DETROIT (BRAIN) – Bike maker Detroit Bikes has announced plans to open its first retail location, named Detroit Bikes 1216 after its address on Griswold Street, Detroit.

Posted in Retail News
Posted April 30, 2015

BOULDER, Colo. (BRAIN) – Catalyst Communication is now working with 11 cities to distribute its BikeLife Cities magazine. The latest additions are San Diego County, Calif., and Seattle, Wash.

Posted in North America Tagged Media/Publishing
Posted April 30, 2015

TORONTO (BRAIN) — Onex Corporation — the parent company of Interbike and Bicycle Retailer — has agreed to sell the Tropicana Las Vegas resort to Penn National Gaming for approximately $360 million. Onex, a private equity firm, is a part owner of the resort and casino.

Posted in North America Tagged Mergers/Acquisitions
Posted April 30, 2015
Derek Bouchard-Hall is a former U.S. pro criterium champion and former executive at Wiggle UK.

COLORADO SPRINGS, Colo. (BRAIN) — Derek Bouchard-Hall, a former pro cyclist who most recently was an executive at the UK-based e-commerce company Wiggle, is set to become the next CEO and president of USA Cycling.

Posted in Industry News Tagged Competition
Posted April 30, 2015
Bike-related sales lead the way with 34 percent gain.

OSAKA, Japan (BRAIN) — Shimano is on a roll, pocketing an extra $518.7 million in new business last year and adding to that $187.7 million in additional sales it earned over the first quarter ended in March.

Posted in International Tagged Earnings/Financial Reports

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