News

Posted November 10, 2023

CAPE TOWN, South Africa (BRAIN) — After reporting global revenue was down 48% in the third quarter year-over-year and pledging a renewed focus on the mountain bike protective gear market earlier this week, Leatt released details about its revamped products days later.

Posted November 9, 2023

SANTA FE, N.M. (BRAIN) — The 24th Cranksgiving bicycle-inspired food drive is underway nationwide and for the first time attracting additional industry sponsorship.

Posted November 9, 2023

I would like to take this opportunity to share our brand vision for retailers and riders alike. More importantly, I want to emphasize our belief in human connection and the retail network we operate with; plus celebrate all retailers who drive the cycling life in America.

Posted November 6, 2023

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported third-quarter revenue was down 48% and revenue for the first nine months of 2023 dipped 43% year-over-year.

CEO Sean Macdonald said he remains optimistic about the protective gear brand.

Posted November 3, 2023

LEXINGTON, S.C. (BRAIN) — HLC had a round of layoffs that included some of its e-commerce business solutions team, while sources told BRAIN the South Carolina-based distributor will close its Texas and Pennsylvania distribution centers.

Posted November 3, 2023
Marucci also owns the grip brand Lizard Skins. Fox announced that sales in the bike division were down 58% in the most recent quarter.

WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.

Posted November 2, 2023

Sales decline as the company prepares to sell of its ammunition business unit and spin its outdoor sports brands in a new company called Revelyst. The CEO of Revelyst said the company plans to focus on its "highest potential" brands and may sell other brands.

Posted November 1, 2023

OLATHE, Kan. (BRAIN) — Garmin Ltd.’s third-quarter revenue increased 12% year-over-year buoyed by the Fitness segment’s growth across all categories.

Posted November 1, 2023
Living off the radar in the Rockies, VPL co-founder Zack Krapfl and his team are driving Bosch e-bike integrations in North America
The VPL team at MADE. Bob Huff Photo

PORTLAND, Ore. (BRAIN) — Of all the concept bikes shown here at the MADE framebuilder show, in August, the full-titanium triple tandem “Sch:Long” from Schwift Cycles was likely the most expensive — and downright bonkers — electric bike on display.

Posted October 31, 2023

PORTLAND, Ore. (BRAIN) — Rep. Earl Blumenauer, who has championed bicycle and climate legislation during his long career in Washington, announced he will not seek re-election in 2024.

Blumenauer, 75, served as Oregon's 3rd Congressional District for 27 years.

Posted October 30, 2023
Wil Matthews photo of the 2022 Unbound Gravel, courtesy of Life Time.

CHANHASSEN, Minn. (BRAIN) — Life Time Group Holdings Inc., saw a 23% increase in revenue through the first three fiscal quarters of 2023 as member visits were up 24% over pre-pandemic levels at the company’s fitness clubs.

Posted October 27, 2023

CHICAGO (BRAIN) — PedalCell, a manufacturer of weather-proof generators for electronics charging, announced it will cease operations on Jan. 1.

Posted October 27, 2023

STOCKHOLM (BRAIN) — Thule Group third-quarter net sales increased 8% year-over-year with bike-related product demand in the European market boosting the surge.

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