News

Posted February 11, 2014

NEWBURY PARK, Calif. (BRAIN) — Giant USA has hired Dave Maurer as its central region sales manager, the company said. Maurer, who until recently was the central region sales manager for Trek, will start with Giant on Feb. 17.

Posted February 11, 2014

SAN MATEO, Calif. (BRAIN) — Action camera maker GoPro, Inc. said it plans to offer a registered initial public offering of its common stock.

Posted February 10, 2014

AURORA, Ontario (BRAIN) — BionX International has hired Ken Fagut as U.S. sales manager. Fagut comes to BionX with 30 years of industry management experience.

Posted February 10, 2014

WHEAT RIDGE, Colo. (BRAIN) — Apparel maker Soulforce Cycling has relocated to a new facility in Wheat Ridge. The new 2,300-square-foot facility houses the brand's headquarters administrative offices, design studio and warehouse and shipping hub.

Posted February 10, 2014
IBD sales dip 2 percent in December, contributing to a 3 percent yearly decline.

BOULDER, Colo. (BRAIN) — Total IBD merchandise sales fell 2 percent in December, according to Leisure Trends Group’s RetailTrak IBD sales summary. That contributed to a 3 percent decline in total merchandise sales in bike shops for the full year, compared with 2012.

Posted February 10, 2014

BOSTON (BRAIN) — Vittoria Industries North America Inc. has hired Henry Horrocks as its product and marketing manager.

Posted February 10, 2014

MADRID (BRAIN) — IMBA Europe will hold its two-day summit here starting March 28. The event will include discussion of long-distance European mountain bike routes, mountain bike guide programs, sustainable trail building, advocacy and mountain bike tourism.

Posted February 10, 2014

NOVATO, Calif. (BRAIN) — Jason Faircloth has left Marin Bikes, where he was vice president of product development, to start an industry design, development and sourcing company called Darkline Design.

Faircloth started at Marin in 2003. 

Posted February 7, 2014

PITTSBURGH (BRAIN) — Bicycle Times’ founding editor, Karen Brooks, has left the magazine after nearly 10 years with parent company Rotating Mass Media. Her last day was Monday.

Posted February 7, 2014

VISTA, Calif. (BRAIN) — Following Skip Hess’ sudden departure from Electra last week, sales and marketing vice president Kevin Cox has been promoted to company president effective immediately.

Posted February 7, 2014
However, company forecasts 20 to 25 percent increase for first quarter of 2014.

MONTREAL, Quebec (BRAIN) — Dorel Industries’ earnings for the fourth quarter and all of 2013 in its recreational and leisure segment — which includes Cannondale, GT, Mongoose, Schwinn and Dorel’s mass-market bike brands — will come in lower than a year earlier due to “a poorer product mix” and late order delivery at Cycling Sports Group, the company announced.

Posted February 7, 2014
BRAIN Dealer Tour Report: Day 3
Fritz's Skate Bike & Surf opened in 1989 to sell and rent Rollerblades.

MIAMI BEACH, Fla. (BRAIN) — On the final day of the BRAIN Dealer Tour, our group rode through downtown Miami — past skyscrapers, the Miami Heat's American Airlines Arena and across the yacht-strewn Venetian Causeway — on our way to South Beach. The area has seen commercial rent prices skyrocket.

Posted February 6, 2014

BOULDER, Colo. (BRAIN) — The Outdoor Industry Association (OIA) filed an objection with the Consumer Product Safety Commission (CPSC) over its proposed rule change that states once a firm voluntarily agrees to undertake a corrective action plan, the firm is legally bound to fulfill the terms of the agreement. Currently suppliers are under no legal restraints when filing a voluntary recall.

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