Industry News
SAN DIEGO, Calif. (BRAIN) — The ASG Group has acquired Southern California mountain bike brand Ellsworth.
LEVIS, Quebec and LEXINGTON, S.C. (BRAIN) — Hawley-Lambert has added Supacaz accessories, SmartHalo technologies, and F2C Nutritionals to its brand portfolio in the both Canada and the United States. The company has also added G-Form protective gear in the U.S.; it has distributed G-Form in Canada since 2015.
NEW YORK (BRAIN) — Riders took more than 35 million bike share trips last year — 25 percent more than in the year before, according to a new National Association of City Transportation Officials study.
SAN CARLOS, Calif. (BRAIN) — Ritchey Design, which has had a minium advertised price policy since at least 2014, is now working with Oris Intelligence to regulate the policy.
DALLAS (BRAIN) — The boutique cycling apparel brand DannyShane has named Park City, Utah-based SIMBOL Communications as its PR agency of record.
CHICAGO (BRAIN) — Abus' new ABUSAcademy.com is available to all bike shop employees in North America.
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.
VAIL, Colo. (BRAIN) — Organizers of the Outlier Offroad Festival have announced additions for the event, which is scheduled for Sept. 28-30 this year.
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.
INDIANAPOLIS (BRAIN) — PeopleForBikes recognized and awarded several cities at the second annual PlacesForBikes conference, which wraps up today in this Midwestern city.
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.
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.
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.
MINNEAPOLIS (BRAIN) — A U.S. District Court judge has dismissed a case that Greg LeMond filed against a father and son who LeMond said were cybersquatting web domains related to LeMond's name and his business trademarks.
NEWBURY PARK, Calif. (BRAIN) — Giant is holding several virtual rides to honor founder King Liu May 4-6. The company has been holding an annual ride led by Liu, now 84, in Taiwan for 10 years. This year, riders from all corners of the world can join in on Zwift.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. said sales in its bike product division, which includes Fox, Marzocchi, Race Face and Easton Cycling, were up 10.3 percent in the first quarter, which ended March 30. The company said original equipment orders drove the sales increase.
OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported record first-quarter revenue of $711 million, up 11 percent, on improved sales of outdoor, fitness, aviation and marine products. Those gains offset continuing declines in the company’s automotive business.
SAUSALITO, Calif. (BRAIN) — Bay Area public relations and sports marketing agency OutsidePR has hired Logan Waddell as a senior account manager.
BREMBATE, Italy (BRAIN) — 3T is now distributing its frames, bikes and wheels direct to dealers in Canada from its Toronto headquarters. The company said its previous Canadian distributor, Live to Play Sports, will continue to distribute 3T parts.
INDIANAPOLIS (BRAIN) — Some bike and e-bike heavy hitters are joining Trek and Ford in helping create safety standards related to bicycle-to-vehicle communication.
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