News
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is adding a new show feature, the Interbike Mechanics Challenge, presented by Park Tool.
MADRID (BRAIN) — Rotor Bike Components has hired industry veteran Lori Barrett as its North American brand manager.
BOULDER, Colo. (BRAIN) – PeopleForBikes has announced its latest round of community grants. Two of the grants were done in conjunction with the International Mountain Bicycling Association.
RANCHO DOMINGUEZ, Calif. (BRAIN) — PricePoint.com, one of the largest e-commerce sites in the bike world, has shut down. Founder and owner Donovan Ivan told BRAIN on Friday that he has been planning the closure for almost a year after deciding he'd rather pursue other business ventures.
SQUAMISH, British Columbia (BRAIN) — Kona Bicycles will roll out its online sales program in select U.S. states later this year.
FLOWER MOUND, Texas (BRAIN) — Longtime Texas retailer Chad Plumlee has opened his third store, called Giant Lakeside. The new location will serve the market around the Dallas-Fort Worth area, including the communities of Flower Mound, Grapevine, and Coppell.
The apparel department can be a profit center - it just needs the right mix of product, merchandising and placement to do its job.
BOULDER, Colo. (BRAIN) — According to the Bicycle Product Suppliers Association June report, supplier shipments over the first six months of this year fell 6 percent to 1.2 million units from 1.3 million last year. Sales fell to $551.5 million from $581.3 million over the first half of 2015.
FORT COLLINS, Colo. (BRAIN) — Connex has reduced the U.S. wholesale and suggested retail prices of its chains by about 10 percent due to the continued weakness of the euro against the U.S. dollar, the company announced this weel. The company also announced a new minimum advertised price policy in the U.S.
OLNEY, Ill. (BRAIN) — SKS USA will now act as the exclusive North American brand manager and distributor of SQlab saddles.
SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin stocks hit a 52-week high on Wednesday after earnings and revenue far exceeded analyst expectations for the first half. The company also raised its guidance for the second half.
SAN MATEO, Calif. (BRAIN) — GoPro announced a second quarter sales decline of 47 percent this week, along with a loss of nearly $92 million, after reporting a profit last year in the same period.
HELSINKI (BRAIN) — Amer Sports' cycling segment grew 20 percent in the second quarter this year thanks to the addition of Enve sales, which joined Mavic in the segment.
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