News

Posted August 11, 2017

CAPE TOWN, South Africa (BRAIN) — Protective products manufacturer Leatt Corporation announces on Friday that its first half sales totaled $9.3 million, up from $8.5 million in the first half last year. In the half, the company registered net income of $101,000.

Posted August 11, 2017

ONIGO DI PEDEROBBA, Italy (BRAIN) — The Italian shoe brand Northwave is beginning direct distribution in North America, ending sales through Hawley-Lambert.

Beginning next month, the brand will begin sales to U.S. dealers via its sales reps and its new Shop.Northwave.com B2B site.

Posted August 10, 2017
First Flight Bicycles remains open for business.

STATESVILLE, N.C. (BRAIN) — In the months following retailer Jeff Archer's death after being struck by a car while crossing the street last July, the fate of his shop, First Flight Bicycles, remained uncertain.

Posted August 10, 2017

FARMINGTON, Utah (BRAIN) — Vista Outdoor's sales in its Outdoor Products division — which includes Bell, Giro, CamelBak and Bollé sales — were down 6.5 percent organically in the first quarter.

Posted August 10, 2017

ASHLAND, Ore. (BRAIN) — United Bicycle Institute has hired B Vivit, a graduate of the 2017 Quality Bicycle Products Women’s Mechanic Scholarship.

Posted August 10, 2017

READING, Pa. (BRAIN) — Ben Serotta has been hired by the World Cycling League to lead the development of a cycling performance center, at the planned National Velodrome at Albright College in Reading.

Posted August 9, 2017

CHICOUTIMI, Québec (BRAIN) — Devinci has added a second demo truck in the U.S. Chris "Charlie" Manea is the company's newest demo driver. He's visiting dealers and bike parks in Colorado, Utah, California, Nevada, Arizona and New Mexico.

Posted August 9, 2017

SAN CARLOS, Calif. (BRAIN) — Beeline Bikes signed five new franchise agreements during the second quarter of the year to develop 25 new mobile shops across eight new territories — the brand's most successful quarter to date, Beeline stated.

Posted August 9, 2017

DUXBURY, Mass. (BRAIN) — Bern Unlimited has hired Christopher Lussier as the company's global vice president of sales and marketing.

Posted August 9, 2017
QBP's Shawn Heidgen (left) with Leah Benson, the owner of Gladys Bikes.

TRUCKEE, Calif. (BRAIN) — QBP recognized several industry members at its recent SaddleDrive event at Northstar Resort here.

Posted August 9, 2017
Camisasca and ECRM part ways due to changing market

SOLON, Ohio (BRAIN) — ECRM, the Ohio company that bought Lance Camisasca's PressCamp, has shut down the operation effective Wednesday due primarily to the ongoing weakness in the bicycle and outdoor markets.

Posted August 8, 2017

MANCHESTER, N.H. (BRAIN) — Eyewear manufacturer Julbo is the newest addition to The Bike Cooperative's network of supplier partners. Members of the retail cooperative will earn rebates on their purchases of Julbo eyewear and accessories, both direct and through distributors.

Posted August 8, 2017
Company blames sales declines at mass and fewer closeouts in IBD channel for revenue drop in second quarter.

MONTRÉAL (BRAIN) — Dorel Industries reported that second-quarter revenue was down 11 percent in its sports division, which includes its mass and IBD bike businesses, including Cannondale, Caloi, GT, Mongoose, Schwinn and Sugoi brands.

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