News
SAN MATEO, Calif. (BRAIN) — GoPro says it expects a 16 percent increase in revenue for 2015. However, weak sales of its newest model, the Hero4 Session contributed to a decision to cut about 7 percent of its workforce, or about 105 employees.
BOULDER, Colo. (BRAIN) — PeopleForBikes has announced the recipients of its most recent cycle of Community Grants, with eight awards totaling $51,750.
SAN DIEGO (BRAIN) — De Soto Sport has reached an agreement with Aqua Lung that allows Aqua Lung to continue marketing Michael Phelps Xpresso swimwear. De Soto will stop using the Espresso name on its wetsuits after selling off its remaining stock.
BOULDER, Colo. (BRAIN) — The Outdoor Industries Women's Coalition, in collaboration with the Bicycle Product Suppliers Association, has announced a new scholarship program that will bring three women from the bike industry to this spring's Bicycle Leadership Conference in Monterey, California.
CHICOUTIMI, Quebec (BRAIN) — Devinci has named former pro road racer David Veilleux as its new R&D/road brand manager.
TEMPE, Ariz. (BRAIN) — Motorcycle industry experts offered a glimpse of the challenges and opportunities in their market to a crowd of 250 bike industry members attending the IBD Summit this week in Tempe, Ariz.
BOULDER, Colo. (BRAIN) — As of Jan. 1, Full Cycle Bikes, one of Boulder's oldest bike shops, has changed hands. Russ Chandler and business partners Ed Kuh and Adam Brodnicki bought the business from Kaj and Karli Gronholm, who owned it for 10 years.
BIEL, Switzerland (BRAIN) — As announced last year, DT Swiss is changing its ownership structure as longstanding CEO and chairman Marco Zingg has sold his shares to his two business partners.
ANAHEIM, Calif. (BRAIN) — Triathlon Business International is conducting its second annual Industry Confidence Survey, which the trade group said will serve as "a barometer to multisport industry sentiment on key issues ranging from perspectives on retail prices to the general outlook for growth of triathlon in the U.S."
Editor's note: Steven W. Hansen an attorney who defends product manufacturers, distributors and retailers in product liability lawsuits and provides consultation on all matters related to the manufacture and distribution of consumer products.
WASHINGTON (BRAIN) — QBP is recalling about 1,000 Stolen BMX bikes because the front wheel can detach due to improperly fitting retention washers. Because of the improper washers, the bikes do not meet federal bicycle standards.
OGDEN, Utah (BRAIN) — Mavic has appointed Denise Landy as its national account manager and Mark Niemiec as community marketing manager.
PLEASANT VALLEY, Mo. (BRAIN) — Chamois Butt'r maker Paceline Products has announced a new minimum advertised price policy for all its dealers and distributors in North America, which took effect Jan. 1.
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