News

WASHINGTON, D.C. (BRAIN) — Cannondale is working with the Consumer Product Safety Commission to recall about 500 Slice time trial bikes because the "brake plate" can loosen. The company has received one report of the loosening and no reports of injuries.

SANTA FE, NM (BRAIN) — Outside magazine released its 2013 list of Top 100 best places to work, and more than a dozen bike companies made the list this year, including SRAM, QBP, CamelBak and Honey Stinger.

CHICAGO, IL (BRAIN) — SRAM this week released details of its second 1x11 mountain bike group, called XO1. The group slots in a few hundred dollars cheaper than its first 11-speed, single-chainring group, XX1, and will be available in September.
LONGMONT, CO (BRAIN) — Racer registration for the CrossVegas cyclocross race opens Tuesday, Aug. 6, at noon MT, race organizers announced Friday.
SARATOGA SPRINGS, NY (BRAIN) — A co-owner of Serotta's parent company told a local newspaper that the company's planned shutdown is temporary.
SAN JUAN CAPISTRANO, CA (BRAIN) — Interbike has added an enduro event to this year's OutDoor Demo.
BRECKENRIDGE, CO (BRAIN) — The Breck Epic MTB Stage Race has drawn several new sponsors including SRAM, organizers said this week.
SRAM and its family of brands will assist with all mechanical needs.

MARIN, CA (BRAIN) — A little more than a year after former FSA managing director Matt VanEnkevort took over the reins at Marin Bikes, the company is set to relaunch this month with fresh branding, a reorganized company structure, and a new line of bikes aimed at re-establishing Marin as an iconic mountain brand.
IRVINE, CA (BRAIN) — Felt Bicycles, which is preparing for its 2014 sales meeting and product launch this weekend, recently laid off six employees within its three U.S. facilities. Company president Bill Duehring blamed the layoffs on an industrywide downturn.
KETCHUM, ID (BRAIN) — Apparel brand Club Ride announced a 123 percent increase in sales in the first half the year, to $1.116 million.

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin is reporting strong fitness sales in its second quarter and said its long-anticipated Vector power meter is now in "mass production and will be delivered to retailers soon."

MADISON, WI (BRAIN) — Shortly after separating its PowerTap product family from its CycleOps trainer and stationary bike brand, Saris Cycling Group announced steep retail price reductions for the power measurement line effective Thursday. Dealer margins are unchanged, Saris said.