News

Posted February 13, 2017

BLOOMINGTON, Minn. (BRAIN) — At this weekend's Frostbike dealer event at QBP, Ritchey Design is auctiong a P29 Ritchey frame that was welded by Tom Ritchey himself. The auction's proceeds will go to the National Interscholastic Cycling Association.

Posted February 13, 2017

ANNAPOLIS, Md. (BRAIN) — Two longtime employees have bought Velo Orange from the brand's founder, Chris Kulczycki.

Igor Shteynbuk and Adrian Nelson purchased all of the assets of Velo Orange and its associated brands, Grand Cru Components and Dajia Cycleworks.

Posted February 13, 2017

PHILADELPHIA (BRAIN) — Advanced Sports Enterprises, the owner of ASI and Performance Bicycle, is realigning key staff in its product development department.

Posted February 9, 2017
The changes include transitions for a father-daughter pair.

NEWBURY PARK, Calif. (BRAIN) — Giant USA has announced a promotion to its sales department, a transition to its quality assurance department, and the hiring of two new demo tour contractors.

Two of the transitions involve the father-daughter pair of Melissa Maresca and James Maresca.

Posted February 9, 2017
The owner of Bell, Giro and CamelBak sees a drop in organic sales and profits, and a huge write-down last month caused a net loss for the quarter.

FARMINGTON, Utah (BRAIN) — Vista Outdoor Inc. sales hit $654 million in its fiscal quarter than ended Jan. 1, a 10 percent increase. The growth included sales from new acquisitions made last year; when those new sales are removed, the company saw a 5 percent decrease in sales.

Posted February 9, 2017
Enve and Mavic sales top $160 million for the year.

HELSINKI (BRAIN) — Amer Sports' cycling sales, through its Mavic and Enve brands, were up 8 percent last year, to 150.2 million euros ($160 million), up from 138.5 million the prior year.

Posted February 8, 2017

MILWAUKEE, Wis. (BRAIN) — A celebration of life and a funeral mass will be held for Chris Kegel next Friday and Saturday, Feb. 17 and 18, his family has announced.

Posted February 8, 2017
Yeti's Chris Conroy named board chairman.

BOULDER, Colo. (BRAIN) — Retired racer Dave Wiens has quickly moved from the board chair of the International Mountain Bicycling Association to becoming its executive director. He replaces Mike Van Abel who resigned as executive director last summer.

Posted February 8, 2017

BOULDER, Colo. (BRAIN) — Camber Outdoors and the Bicycle Product Suppliers Association are offering scholarships to bring four people to the Bicycle Leadership Conference this April in Monterey, California. 

Posted February 7, 2017

SAN FRANCISCO — Retailer Bradley Woehl, owner of American Cyclery in San Francisco, has launched a crowdfunding campaign for a cycling-themed parklet he plans to build in front of his store.

Posted February 7, 2017

SALT LAKE CITY (BRAIN) — Vista Outdoors is facing a $5 million lawsuit over allegations that it misled investors about the financial condition of its shooting sports division during a six-month period from Aug. 11, 2016 through Jan. 13, 2017.

Posted February 7, 2017
UPDATED with reactions from John Burke and others.

MILWAUKEE, Wis. (BRAIN) — Chris Kegel, owner of the Milwaukee retail chain Wheel & Sprocket and a longtime advocate for cycling, died Tuesday after a months-long struggle with bile-duct cancer.

Posted February 7, 2017

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Organizers of the Outdoor Retailer show, currently held in Salt Lake City, are soliciting proposals from cities interested in hosting the show in 2018 and beyond.

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