Industry News

BOSTON, MA (BRAIN) — BMC has hired Chris McLaren as general manager for its U.S. office, replacing former GM Karim Pine. Pine had been at the helm since February 2011. 

BOULDER, CO (BRAIN) — Retail sales for June were down 2 percent in units but up 1 percent in dollars, coming in at $391 million, according to Leisure Trends Group's RetailTrak IBD sales summary.

SANTA FE, NM (BRAIN) — Outside magazine released its 2013 list of Top 100 best places to work, and more than a dozen bike companies made the list this year, including SRAM, QBP, CamelBak and Honey Stinger.  

Tagged Media/Publishing

LONGMONT, CO (BRAIN) — Racer registration for the CrossVegas cyclocross race opens Tuesday, Aug. 6, at noon MT, race organizers announced Friday.

Tagged Racing & Sponsorship / Interbike

SARATOGA SPRINGS, NY (BRAIN) — A co-owner of Serotta's parent company told a local newspaper that the company's planned shutdown is temporary.

SAN JUAN CAPISTRANO, CA (BRAIN) — Interbike has added an enduro event to this year's OutDoor Demo.

Tagged Racing & Sponsorship / Interbike

BRECKENRIDGE, CO (BRAIN) — The Breck Epic MTB Stage Race has drawn several new sponsors including SRAM, organizers said this week. 

SRAM and its family of brands will assist with all mechanical needs. 

Tagged Racing & Sponsorship
Marin Mount Vision C-XM Pro

MARIN, CA (BRAIN) — A little more than a year after former FSA managing director Matt VanEnkevort took over the reins at Marin Bikes, the company is set to relaunch this month with fresh branding, a reorganized company structure, and a new line of bikes aimed at re-establishing Marin as an iconic mountain brand.

The bike brand is preparing for sales meeting and 2014 launch

IRVINE, CA (BRAIN) — Felt Bicycles, which is preparing for its 2014 sales meeting and product launch this weekend, recently laid off six employees within its three U.S. facilities. Company president Bill Duehring blamed the layoffs on an industrywide downturn.

KETCHUM, ID (BRAIN) — Apparel brand Club Ride announced a 123 percent increase in sales in the first half the year, to $1.116 million.

Tagged Earnings/Financial Reports

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin is reporting strong fitness sales in its second quarter and said its long-anticipated Vector power meter is now in "mass production and will be delivered to retailers soon."

Tagged Earnings/Financial Reports
The PowerTap G3 hub

MADISON, WI (BRAIN) — Shortly after separating its PowerTap product family from its CycleOps trainer and stationary bike brand, Saris Cycling Group announced steep retail price reductions for the power measurement line effective Thursday. Dealer margins are unchanged, Saris said.

GIG HARBOR, WA (BRAIN) — The family of Steve Ready, Interbike’s co-founder, who recently passed away, will be hosting a celebration of his life Saturday, Sept. 14, at the Museum of Glass in Tacoma, Washington.

BERKELEY, CA (BRAIN) — The National Interscholastic Cycling Association (NICA) and IMBA are screening the documentary about the positive impact of the high school cycling movement at the Outdoor Retailer expo in Salt Lake City, Utah, this week. 

Tagged Events
Chris Wilmshurst
IRVINE, CA (BRAIN) — Vital Media Network will soon launch a U.K. edition of its VitalBMX website. 
 
Tagged Web/Internet / Media/Publishing
Ben Serotta

SARATOGA SPRINGS, NY (BRAIN) — As the Serotta bicycle company fulfills final orders and prepares to shut down bike production here, founder Ben Serotta said he intends to continue making bikes, under his name or another.

CEO says "funds never came" after merger with Blue and Mad Fiber

SARATOGA SPRINGS, NY (BRAIN) — Serotta has laid off 40 percent of its workforce and is planning to shut down production in the next two weeks, CEO Bill Watkins told BRAIN on Wednesday.

SCOTTS VALLEY, CA (BRAIN) — Fox Factory Holding released more details on its planned IPO Tuesday, but it still has not set a date for the auction. 

Tagged Earnings/Financial Reports

KENT, WA (BRAIN) — French bike brand Lapierre has launched a new website for its recently formed North American division.

Tagged Web/Internet

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