News
WATERLOO, Wis. (BRAIN) — Trek Bicycle said Friday that it has reached an agreement to acquire the Philadelphia-area bike shop chain Bike Line. The company announced the new partnership at a Bike Line staff meeting Friday morning.
MONTREAL (BRAIN) — Dorel Inc.’s bike division on Friday reported a drop in first-quarter revenue but said operating profit almost doubled to $10.1 million as margins improved and the division’s restructuring, including a 4 percent workforce reduction, reaped benefits.
FLETCHER, N.C. (BRAIN) — Cane Creek Cycling Components will sell five specially painted HELM suspension forks that were made for demo use at last month's Sea Otter Classic. The company is selling the forks for $900 each and donating $500 from each sale to the International Mountain Bicycling Association.
PORTLAND, Ore. (BRAIN) — The National Bicycle Dealers Association is sponsoring the Filmed by Bike festival, which begins Friday in Portland and includes a national road tour following the three-day event.
BOULDER, Colo. (BRAIN) — Giant Bicycles has become a premier partner of Project Bike Tech, a project that uses bicycle education as a conduit to teach core academics, enhance lives, create career opportunities and inspire new generations to be passionate about bikes.
HOOD RIVER, Ore. (BRAIN) — Dakine has appointed Gabe Schroder to the role of mountain bike marketing manager.
Schroder managed the ski and bike marketing programs at Smith for 10 years.
MOUNT PROSPECT, Ill. (BRAIN) — Cycling participation ticked up a mild 0.5 percent to 36.2 million riders in 2016, according to new figures from the National Sporting Goods Association.
SOLON, Ohio (BRAIN) — Bike PressCamp organizer ECRM said Thursday that it saw a surge in exhibitor signups last month coming out of the Sea Otter Classic, and now has 21 brands set to attend the June 19-23 event.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holdings reported a 32.6 percent increase in sales in its fiscal first quarter and has raised its guidance for the second quarter and the full fiscal year, for both sales and earnings.
PHILADELPHIA (BRAIN) — The standards organization ASTM is holding a meeting of its F08 Committee on Sports Equipment, Playing Surfaces and Facilities from May 9-11. The committee's bike-related groups will meet May 10.
ROCHESTER, N.Y. (BRAIN) — Blackout Distribution has recently hired Chris Way as the warehouse manager of Blackout BMX, overseeing the warehouse operations and driving warehouse progression.
PORTLAND, Ore., and WATERTOWN, Mass. (BRAIN) — Chris King Precision Components and Seven Cycles Inc. have expanded their partnership beyond their long-running OEM relationship to include collaborative marketing, market intelligence and new product releases, the companies announced Wednesday.
OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported a 2 percent gain in first-quarter revenue, to $639 million, as sales growth in its outdoor, marine and aviation segments countered declines in fitness and automotive sales.
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