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

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."

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.


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.

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.
KENT, WA (BRAIN) — French bike brand Lapierre has launched a new website for its recently formed North American division.
BUSNAGO, Italy (BRAIN) — F.S.A. Europe will be closed for summer holidays from Aug. 5-19. The office will re-open Aug. 20.
VAN NUYS, CA (BRAIN) — Easton-Bell Sports has hired two regional sales managers. Dan Knisely will handle the Eastern region and Canada and Chris Bogue will handle the West.
BOULDER, CO (BRAIN) — Monica Davis, until recently a regional sales manager for Giant Bicycle, has been named publisher of Elevation Outdoors magazine and MountainGazette.com. The titles are owned by Summit Publishing and based in Boulder, Colorado.
WASHINGTON, DC (BRAIN) — Ski and snowboard participation slumped 3 percent last season, largely due to a slow start to the season, according to a new industry report.
MANCHESTER, NH (BRAIN) — The Bike Cooperative has recently added Ellsworth Handcrafted Bicycles and Pedego as supplier partners.
SUN PRAIRIE, WI (BRAIN) — Challenge has added a Buy Local Now button to its website, Challengetech.it.
MONTREAL, Quebec (BRAIN) — Outdoor Gear Canada has signed a multi-year agreement making OGC Linus's exclusive Canadian distributor, effective Sept. 1. OGC will distribute the company's bikes and accessories.
CHARLOTTE, NC (BRAIN) — Exhibitor registration has opened for the 2014 North American Handmade Bicycle Show, which is being held March 14-16 at the Charlotte Convention Center.

MUNICH, Germany (BRAIN) — Electric bikes and cargo bikes were the stars of the ISPO BIKE show held here last week.
Some 5,500 trade visitors attended the show at Munich's expo center and a survey found that 66 percent of visitors said e-bikes and pedelecs were their "top destination" for the show.
BOULDER, CO (BRAIN) — CatEye America will resume sales of a limited product line through J&B Importers, two years after stopping sales to J&B and eight other U.S.