News
YARMOUTH, Maine (BRAIN) — Garmin Ltd. has agreed to buy DeLorme, a privately-held, Maine-based company that designs and markets consumer GPS tracking devices with two-way communication and navigational capabilities.
BRUSSELS (BRAIN) — The 2018 Velo-City international advocacy summit will be held in Rio de Janeiro, the European Cyclists' Federation, the event's organizer, announced Monday.
STOCKHOLM (BRAIN) — Thule Group notched a 5.1 percent sales increase in 2015 in currency-neutral figures. The Stockholm-based company recorded sales of 5.3 million Swedish Kronas ($623 million) for the year, capped by a 3 percent sales increase in the final quarter.
IRVINE, Calif. (BRAIN) — When Andy Lightle's wife asked him what he wanted for his birthday eight years ago, he couldn't think of anything he really needed.
AIGLE, Switzerland (BRAIN) — The Union Cycliste Internationale said it conducted an unannounced check for bike motos at the La Méditerranéenne stage race on Friday. The UCI said no technological fraud was detected.
LONDON (BRAIN) — U.K. e-commerce businesses Wiggle and Chain Reaction Cycle confirmed Friday that they will merge, pending regulatory approvals. The combined businesses will have annual revenues of more than 300 million pounds ($434 million).
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike will work with the North Carolina Cyclo-Cross organization to produce a 'cross race at this October's Fall CycloFest in Charlotte, North Carolina.
BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association is developing a mobile app for its volunteers and volunteer coordinators, working with unself, a company that develops similar apps for a variety of community organizations.
BOULDER, Colo. (BRAIN) — ShowersPass has added SmartEtailing's Buy Local Now service to its website. The brand said the program supports dealers by providing an option for consumers to locally buy through their website, with the end goal of increasing traffic in brick-and-mortar locations.
IRVINE, Calif. (BRAIN) — Shimano American has slashed wholesale and retail pricing across its range of higher-end components and groups, from SLX all the way up to Di2 both road and mountain. The changes are component-specific and vary depending on the part.
SAN RAFAEL, Calif. (BRAIN) — Dispatch Communications has added Doug Barnett to its Southern California-based team.
Barnett joins the agency as an account executive for Dispatch's bicycle industry clients including Bell Helmets, Dainese, Giant Bicycles, Liv, Michelin and Shimano.
COSTA MESA, Calif. (BRAIN) — The National Bicycle Dealers Association is proposing that dealers, distributors and manufacturers get together to form a "Twenty Group" — a group that meets regularly to share information and best practices with the goal of improving each member's business and raise the bar for the enti
OSAKA, Japan (BRAIN) — Shimano's net sales were up nearly 14 percent in 2015, to 378 billion yen ($3.3 billion). Operating income also increased, by nearly 30 percent, to 85.1 billion yen.
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