News

Posted August 6, 2018
Ryan Hiscoe

WALTHAM, Mass. (BRAIN) — Miso Partners, a sales and marketing agency, has hired Ryan Hiscoe as a sales representative covering Eastern New England.

Posted in Industry News Tagged People
Posted August 6, 2018

QUÉBEC (BRAIN) — On The Edge Canada (OTE), which distributes Pivot Cycles, Enve Composites and Rotor Components among other brands, is now distributing Chris King Precision Components.

Posted in Industry News Tagged Distributor news
Posted August 3, 2018
Second quarter sales were down from last year, but up from the first quarter as net losses outperform estimates.

SAN MATEO, Calif. (BRAIN) — GoPro, Inc. announced second quarter sales of $283 million, down 5 percent from the same period last year, but up 40 percent compared to Q1. The company — which claims it holds a 97 percent share by dollar in the U.S.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 3, 2018

WASHINGTON (BRAIN) — BMC is recalling its Timemachine 01 bikes and frames because in some situations the front tire can hit the downtube, posing a fall hazard.

The CPSC said BMC has received four reports of falls in the U.S., including one that resulted in a broken finger. 

Posted in Recalls
Posted August 3, 2018

MONTRÉAL (BRAIN) — Dorel Industries said Friday that its bike business rebounded in the second quarter with revenue up $15.5 million or 7.4 percent to $224.5 million.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 2, 2018

LÉVIS, Quebec and LEXINGTON, S.C. (BRAIN) — Bike industry veterans Elysa Walk and Andrew Herrick, and power sport executive James Paladino, have joined the board of directors at HLC, the distributor known as Hawley-Lambert until recently.

Posted in Industry News Tagged People
Posted August 2, 2018

HAIFA, Israel (BRAIN) — Everysight, which has been building interest in its heads-up cycling smart glasses since at least 2015, has now turned on its webstore for consu

Posted in Product/Tech
Posted August 1, 2018

PAAL-BERINGEN, Belgium (BRAIN) — Belgian Cycling Factory, the parent of Ridley, Eddy Merckx Cycles and the Forza component brand, is distributing those lines direct to consumers in the UK and Ireland, effective Aug. 1. 

Previously the brands were distributed by Sportline. 

Posted in International
Posted August 1, 2018

LOS ANGELES (BRAIN) — Bulls has made a three-year sponsorship agreement with the owners of the Sea Otter Classic. Bulls will be the official e-bike sponsor of the event through 2021. Sea Otter's e-MTB race will be named the "Bulls eMTB Race ePowered by Bosch."

Posted in Industry News Tagged Electric bike / Racing & Sponsorship
Posted August 1, 2018

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory, which offers Fox suspension, Marzocchi, Easton cycling and Race Face products in the cycling market, saw a 15.1 percent increase in sales of bike products in the second quarter.

Posted in Industry News Tagged Earnings/Financial Reports
Posted August 1, 2018

OLATHE, Kan. (BRAIN) — Garmin saw a 24 percent increase in sales in its fitness division (which includes its bike products) in the second quarter this year, and has seen a 23 percent increase year to date.

Posted in Industry News Tagged Earnings/Financial Reports

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