BRAIN Staff
All articles by BRAIN Staff
May 4, 2018
WEST DES MOINES, Iowa (BRAIN) — Erik's Bike Shop, which has more than two dozen locations across the Upper Midwest, expects to have its first location in Iowa soon, with an agreement to buy Rasmussen Bicycle Shop in West Des Moines. The transaction is expected to be finalized on May 9.
Posted in Retail News
May 4, 2018
BUFFALO, N.Y. (BRAIN) — The owners of Tom's Pro Bike Service, which has two locations in the Buffalo area, have acquired Park Ave Bike Shop, which has two locations in the Rochester area, about an hour away.
Posted in Retail News
May 4, 2018
Weather also slowed the start to bike sales in spring, company says.
MONTRÉAL (BRAIN) — Dorel Industries, which operates three divisions including home, juvenile and sports businesses, reported that Toys R Us' liquidation impacted all three, resulting in a first-quarter impairment loss of $12.5 million total — about $2.1 million in home, $3.8 million in juvenile and $6.6 million in its sports segment, which includes its bike brands.
Posted in Industry News
May 4, 2018
TAIPEI, Taiwan (BRAIN) — Velo Saddles is continuing its Chinese Zodiac collection of saddles with this year's Year of the Dog model, featuring an image of a Golden Retriever.
Velo began the series in 2015 with the Year of the Sheep and has since offered Year of the Monkey and Year of the Rooster saddles.
Posted in New Products
May 4, 2018
The late September festival in Colorado is expanding its demo and its enduro, and adding a gravel grinder and e-bike event.
VAIL, Colo. (BRAIN) — Organizers of the Outlier Offroad Festival have announced additions for the event, which is scheduled for Sept. 28-30 this year.
Posted in Industry News
May 3, 2018
Company cites strong sell-through of streamlined product lineup and expects new entry-level camera to buoy Q2.
SAN MATEO, Calif. (BRAIN) — GoPro on Thursday posted a narrower-than-expected first-quarter loss on strong sell-through of its Hero5 Black and Hero6 Black action cameras.
Posted in Industry News
May 3, 2018
LAGUNA HILLS, Calif. (BRAIN) — Their friendly faces have welcomed readers at Bicycle Retailer's booth at Interbike for many years. Terry and Irene Moyes, who served in various roles at the publication, including circulation and sales, are retiring from the magazine, where they've worked since its launch in 1992.
Posted in Retail News
May 3, 2018
Each company has offered up a bike to be raffled by regional groups.
STEAMBOAT SPRINGS, Colo. and SANTA CRUZ, Calif. (BRAIN) — If you are looking for a chance to win a pricey new bike and support bike advocacy, there are at least two new raffle options this month.
Posted in Industry News
May 3, 2018
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions Events on Thursday reported 4.8 percent revenue growth for the first quarter. Revenue reached $142.2 million, compared with $135.7 million for the same quarter last year.
Posted in Industry News
May 3, 2018
TEL AVIV, Israel (BRAIN) — The city of Tel Aviv has unveiled Israel's newest velodrome, said to be the most advanced indoor bike racing arena in the Middle East. The velodrome's unveiling was Tuesday, a few days before the start of the Giro d'Italia in Israel on Saturday.
Posted in International
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