News
SANTA FE, N.M. (BRAIN) — The 24th Cranksgiving bicycle-inspired food drive is underway nationwide and for the first time attracting additional industry sponsorship.
I would like to take this opportunity to share our brand vision for retailers and riders alike. More importantly, I want to emphasize our belief in human connection and the retail network we operate with; plus celebrate all retailers who drive the cycling life in America.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported third-quarter revenue was down 48% and revenue for the first nine months of 2023 dipped 43% year-over-year.
CEO Sean Macdonald said he remains optimistic about the protective gear brand.
LEXINGTON, S.C. (BRAIN) — HLC had a round of layoffs that included some of its e-commerce business solutions team, while sources told BRAIN the South Carolina-based distributor will close its Texas and Pennsylvania distribution centers.
WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.
Sales decline as the company prepares to sell of its ammunition business unit and spin its outdoor sports brands in a new company called Revelyst. The CEO of Revelyst said the company plans to focus on its "highest potential" brands and may sell other brands.
OLATHE, Kan. (BRAIN) — Garmin Ltd.’s third-quarter revenue increased 12% year-over-year buoyed by the Fitness segment’s growth across all categories.
PORTLAND, Ore. (BRAIN) — Of all the concept bikes shown here at the MADE framebuilder show, in August, the full-titanium triple tandem “Sch:Long” from Schwift Cycles was likely the most expensive — and downright bonkers — electric bike on display.
PORTLAND, Ore. (BRAIN) — Rep. Earl Blumenauer, who has championed bicycle and climate legislation during his long career in Washington, announced he will not seek re-election in 2024.
Blumenauer, 75, served as Oregon's 3rd Congressional District for 27 years.
CHANHASSEN, Minn. (BRAIN) — Life Time Group Holdings Inc., saw a 23% increase in revenue through the first three fiscal quarters of 2023 as member visits were up 24% over pre-pandemic levels at the company’s fitness clubs.
CHICAGO (BRAIN) — PedalCell, a manufacturer of weather-proof generators for electronics charging, announced it will cease operations on Jan. 1.
STOCKHOLM (BRAIN) — Thule Group third-quarter net sales increased 8% year-over-year with bike-related product demand in the European market boosting the surge.