News
WASHINGTON (BRAIN) — Riser Holdings Ltd., of Canada, the parent of Chromag Bikes is recalling about 100 stems because the clamping bolts may be prone to breaking when tightened.
BOULDER, Colo. (BRAIN) — VeloSport Imports has signed on as the exclusive U.S. distributor for Italy's Gios Cycles.
Founded by Tolmino Gios in 1948, the Gios brand is distributed to more than 30 countries, with warehouses in Europe, Asia and now the U.S.
TORONTO (BRAIN) — Cervélo has donated 10 of its C3 model bikes to Wounded Warriors Canada to support the group's VIMY 100 Battlefield Bike Ride fundraising efforts.
DALLAS (BRAIN) — Zevlin, a maker of handlebar tape and skincare products, says it has now enjoyed three years of double-digit sales growth.
Owned by brothers Brad and Drew Hagestad, the company has focused on offering custom tape for a variety of clients.
SAN JOSE, Calif. (BRAIN) — Faraday Bicycles, the electric bike brand purchased by Pon Holdings, has filed suit against Faraday Future, a California startup hoping to challenge Tesla in the electric vehicle market.
ORLANDO, Fla. (BRAIN) — Catrike has hired three new factory employees, and added to its sales team. The company also announced a new PR agency of record.
The recumbent trike manufacturer, which produces all its frames at its own factory in Florida, said the new hires resulted from continued sales growth.
IRVINE, Calif. (BRAIN) — Bosch and Troy Lee Designs are producing an electric mountain bike races at a California ski resort this summer.
HEERENVEEN, Netherlands (BRAIN) — Accell Group, which planned to hold its annual meeting of shareholders on Tuesday, said its sales in the first months of 2017 were at the same level as last year.
DALLAS (BRAIN) — The first franchise location of Playtri, a Dallas-based multisport retailer, will open next month in Fort Worth, Texas.
OSAKA, Japan (BRAIN) — Shimano's bike-related sales were down 0.9 percent in the first quarter compared with the same period last year, while operating income in the segment was down 3.2 percent.
MONTEREY, Calif. (BRAIN) — Final attendance numbers were still being tallied Monday, but early numbers pointed to a record year for the Sea Otter Classic, which ended Sunday. The annual bike festival, expo and race hosted more than 400 exhibitors, five miles of branded fence and 920 sponsor banners.
WILMINGTON, Del. (BRAIN) — Sports Direct, which operates more than 700 stores worldwide as well as the Muddyfox and Silver Fox bike brands, has purchased Eastern Outfitters LCC, the company that owns Eastern Mountain Sports and Bob's Stores. Sports Direct paid $101 million for the retail group.
VANCOUVER, British Columbia (BRAIN) — Velofix has sold its 100th mobile bike service franchise, with a multi-territory deal in the Atlanta area.
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