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DRESDEN, Germany (BRAIN) — Germany-based bike e-commerce retailer BIKE24 said its sales were up just 1% in the first half of its fiscal year to 128.8 million euros ($132 million) amid what the retailer called "a challenging environment." The company pointed to its expansions into the French, Spanish and Italian mark
NEW YORK (BRAIN) — Emerald Expositions, the owner of the Outdoor Retailer shows and Interbike, saw its revenues rebound 376% in the second quarter as trade shows resumed following two years of COVID cancellations.
ATLANTA (BRAIN) — Wahoo announced Tuesday the formation of a proprietary Sports Science facility in Boulder, Colorado, that will be led by coaches, sports scientists, and specialists. The fitness technology company's aim is to become the "global leader in smart fitness and training."
DENKENDORF, Germany (BRAIN) — Canada's Bombardier Recreational Products has taken a majority share in Pinion GmbH, the German maker of gearbox drivetrains for bikes and e-bikes.
BRP is the owner of Ski-Doo and Sea-Doo, among other brands, including Rotax and Great Wall Motor Austria powertrain systems.
WESTPORT, Conn. (BRAIN) — Compass Diversified, the parent of BOA Technologies, PrimaLoft and Lizard Skins, among other brands, announced sales growth of 19% in its second quarter.
DULUTH, Ga. (BRAIN) — Revenues in Fox Factory’s bicycle-related businesses were up 35% in the first half of the year compared with the same period last year. Sales in the division, which includes business under the Fox suspension, Easton, RaceFace and Marzocchi brands, totaled $348 million.
TAIPEI, Taiwan (BRAIN) — Giant Group announced its first half consolidated sales were NT$45.01 billion ($1.5 billion ), a 7.2% increase over the first half last year.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. second-quarter revenue grew slightly year-over-year, while the sport camera brand reported a 65% jump in subscribers during the period.
CHICAGO (BRAIN) — For Mark Mattei, it's simply time. "Being 71 and still having reasonable mental faculties, I thought it would be wise to retire when I could still consciously appreciate retiring," said Mattei, Cycle Smithy's owner since 1973. "And I wouldn't mind a little time off."
Giro Sport Design also included as the parents of a 12-year-old girl who died from injuries in an e-bike crash say the e-bike brand markets to children without adequate warnings.
LOS ANGELES (BRAIN) — The parents of a 12-year-old girl who later died from injuries suffered while riding as a passenger on a Rad Power Bike in 2021 filed a wrongful death suit Monday against the Seattle brand and helmet-maker Giro Sport Design.
PARK CITY, Utah (BRAIN) — At the Big Gear Show here on Tuesday, Küat launches its new Piston SR Bike Rack, which features hydro-pneumatic tire arms that secure the bike without touching the frame.
OTTOBRUNN, Germany (BRAIN) — Porsche announced it will develop an e-bike drive system in the next few years, collaborating with Pon Holdings' Ponooc Investment B.V.
GOLDEN, Colo. (BRAIN) — Feedback Sports will move to a new and larger location nearby that's nearly double the size and expected to be open by Sept. 1.
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DURANGO, Colo. (BRAIN) — Active Hydration is the latest drink mix from Tailwind Nutrition, and unlike its signature product Endurance Fuel, it's designed for shorter and less intense workouts.
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