News
MONTREAL (BRAIN) — Dorel Industries reported Thursday that third-quarter revenue in the division housing its mass-market and IBD bikes businesses plunged 18 percent due to factors including hurricanes and other extreme weather in North America, the bankruptcy filing of mass customer Toys R Us in September, and overa
DENVER, Colo. (BRAIN) — High-end bike brand Alchemy Bicycles is now offering consumers a 30-day ride-test guarantee on its Ready to Roll bikes. Customers can return the bikes for a full refund of exchange in the first 30 days.
EUGENE, Ore. (BRAIN) — Rolf Prima has launched sister brand Astral Cycling to manufacture traditionally laced alloy and carbon rims for consumers and wheel builders at its Oregon facility.
CHICAGO (BRAIN) — Unlike many of the other markets the BRAIN staff visited on our Dealer Tours, there's been no turnover among the Chicago-area retailers we visited in 2013. If you value stability and you like speaking with the same shop owner year after year, then Chicago is your market.
BOULDER, Colo. (BRAIN) — This month IMBA is launching a new fundraising push to fund dozens of pre-approved new mountain bike trail projects around the country. The organization has identifued 68 trail and bike park projects in 31 states that will benefit from the fundraising.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory reported record sales of $127.4 million in the third quarter, up 16.9 percent from the same period last year. In its bicycle division, which includes sales through the Fox, Marzocchi, Race Face and Easton Cycling brands, sales were up 8.8 percent in the quarter.
SAN MATEO, Calif. (BRAIN) — GoPro on Wednesday reported a 37 percent increase in third-quarter revenue to $329.8 million and net income of $14.7 million, compared with a loss of $104 million in the same quarter a year earlier.
PORTLAND, Ore. (BRAIN) —Velotech, Inc., which owns the multi-channel retailer Western Bikeworks and e-commerce site BikeTiresDirect.com, has acquired the TriSports.com brand and has relaunched it in place of its current triathlon brick-and-mortar store and e-commerce site, The Athletes Lounge.
CARLSBAD, Calif. (BRAIN) — Canyon USA is now offering U.S. customers the option of having their bikes assembled, delivered and fit by Velofix, the mobile bike service franchiser.
LANSING, Mich. (BRAIN) – Michigan this week became the seventh state to adopt a three-tiered classification system for electric bikes.
Gov. Rick Snyder on Tuesday signed a trio of bills, backed by e-bike manufacturers and cycling advocates, that also allows e-bikes on certain trails.
PHILADELPHIA (BRAIN) — Representatives from the bike industry can register for free admittance to the Philly Bike Expo on the event's website until noon ET Thursday, Nov. 2. There is no registration at the event.
OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported a 3 percent increase in third-quarter revenue to $743 million, but the company's fitness segment — which includes cycling products — saw sales decline 12 percent during the period to $167 million.
MADISON, Wis. (BRAIN) — Saris has released a re-branding of CycleOps, PowerTap and Bike Fixation that emphasizes each brand's connection to Saris. Now each of the brands is being "endorsed" by Saris, so CycleOps has become "CycleOps by Saris," PowerTap is "PowerTap by Saris," and so on.
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