News
MANCHESTER, N.H. (BRAIN) — Portland Design Works is the latest brand to join The Bike Cooperative' list of supplier partners. Effective immediately, member retailers of The Bike Cooperative will earn rebates on direct and distributor purchases of all PDW products.
NEWCASTLE, Australia (BRAIN) — Crankbrothers is now distributed exclusively by Lusty Industries Pty Ltd in Australia. Lusty has been the brand's non-exclusive distributor since January, along with Bikesportz Imports.
CORTEZ, Colo. (BRAIN) — Osprey Packs has hired Layne Rigney as its new president. Rigney was most recently president of CamelBak, where he worked for 11 years.
BLOOMINGTON, Minn. (BRAIN) — QBP has been named the sole U.S. distributor for Bopworx, the maker of reusable bike protection products for shipping and auto rack use.
BALTIMORE, Md. (BRAIN) — Longtime retailer Alex Obriecht has announced that Race Pace Bicycles will expand with two new stores set to open in early 2017.
LONG BEACH, Calif. (BRAIN) — Zwift, the maker of an online cycling platform, has raised an additional $27 million in venture capital funding, according to CrunchBase.com.
EASTON, Pa. (BRAIN) — Genesis Bicycles plans to close on Black Friday, Nov. 25, just as it did last year. This year the store's staff has decided to donate their pay for that day to The Children's Home of Easton.
LUGANO, Switzerland (BRAIN) — Assos of Switzerland has chosen London's posh Regent Street shopping district as the site of its first international concept store. The brand also operates a store near its headquarters in Lugano.
MADISON, Wis. (BRAIN) — Saris Cycling Group, the parent company for Saris Racks, CycleOps, and PowerTap, has announced new distributors for its brands in Australia.
SCOTTS VALLEY, Calif. (BRAIN) — Compass Diversified Holdings and Robert C. Fox, Jr. are selling at least 3.5 million shares in Fox Factory Holding Co., according to documents filed with the Security and Exchange Commission this week.
SANTA FE, N.M. (BRAIN) — Outside Magazine's annual list of the 100 "Best Places to Work" is out and includes a handful of companies involved in the bike industry.
HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.
SEATTLE (BRAIN) — In its second year, so far 475 organizations, including government agencies, non-profits and businesses, have pledged to participate in REI's #OptOutside promotion, which encourages businesses to shut down on Black Friday, Nov. 25, and take part in outdoor activities that day.
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