News
SAN MATEO, Calif. (BRAIN) — Shares of GoPro plunged in after-hours trading Wednesday after the action camera maker reported a surprising fourth-quarter loss of $11.4 million, or 8 cents a share, compared with a year-earlier profit of $144.9 million.
BEND, Ore. (BRAIN) — Knight Composites has joined Carmichael Training Systems' CTS Athlete Perks program, offering discounts on the carbon wheel brand's products to CTS-coached athletes. CTS and Knight will roll out the program next week.
DUARTE, Calif. (BRAIN) — Folding bike maker Dahon has signed an agreement with Columbus, Ohio-based Oris Intel to use the company's Prowl software to support its North American dealers in MAP compliance.
HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.
NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. has announced that Jeff Winnick is now representing the brand in New England. Winnick has spent 30 years in the cycling industry and represents both winter and summer lines, including Rolf Prima, Dainese, Seasucker, One Way Sports and Orage.
MIAMI (BRAIN) — J&B Importers has concluded its third annual sales summit, a meeting between its sales staff and representatives from 23 different J&B vendors.
FORT COLLINS, Colo. (BRAIN) — Mike Gann has been promoted to president of Niner Bikes, as company founder Chris Sugai, who previously held the president title, steps away from day-to-day operations to focus more on bike advocacy.
LEXINGTON, S.C. (BRAIN) — Hawley and Lambert launched new business-to-business websites on Tuesday.
DENVER (BRAIN) — DirtTri.com, a site devoted to off-road multisport events, is entering its second year this month, and its founder and editor says he is planning expanded content for Year Two.
CARLSBAD, Calif. (BRAIN) — Campagnolo North America has launched its mechanics technical training tour. The company is suggesting that all mechanics who service Campagnolo parts attend. On completion, attendees will receive a Campagnolo certification.
WOODS CROSS, Utah (BRAIN) — Online seller Bikewagon of North Salt Lake, Utah, has been acquired by winter sports retailer L9 Sports.
PASO ROBLES, Calif. (BRAIN) — Dennis Christopher, the star of the 1979 film Breaking Away, will attend April's Eroica California, a vintage bike ride. Christopher will attend a VIP reception preceding a showing of the movie. The next day, he will ride a section of the ride on a vintage Masi bike similar to the one his character Dave Stoller rode in the movie.
LAGUNA HILLS, Calif. (BRAIN) — Pricey niche bikes — everything from plus-sized mountain bikes to gravel road bikes — helped power increases in dollars and units at bike shops last year, according to stats from the Bicycle Product Suppliers Association.
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