All articles by BRAIN Staff
WATERLOO, WI (BRAIN) — Trek Bicycle and World Bicycle Relief raised $90,000 through its July "Trek Match" program. Trek will match the donation to WBR, which will be used to provide about 1,500 bikes to students, healthcare workers and entrepreneurs in Africa.
SUN PRAIRIE, WI (BRAIN) — Challenge is making its cotton-casing cyclocross tubular, previously available only to sponsored pro athletes, available for purchase.
WASHINGTON, D.C. (BRAIN) – Giant Bicycle is working with the Consumer Product Safety Commission to recall its XTC Advanced SL 29er 0 and 29er 1 series models because they are spec’d with a carbon seatpost that can crack.
WESTPORT, CT (BRAIN) — Compass Diversified Holdings, the parent company of Fox and CamelBak, reported that Fox sales over the first half of the year reached $125.2 million, an increase of 18 percent from a year earlier, whereas CamelBak sales dropped 9 percent to $77.3 million.
TAMPA, FL (BRAIN) — American Classic has named Cody Gilbertson to head its U.S. inside sales office.
MINNEAPOLIS, MN (BRAIN) — 45NRTH's new Fasterkatt shoe is designed for winter cycling, including cold weather cyclocross.
CHICAGO, IL (BRAIN) — SRAM has added two new members to its North American OEM sales team. Bicycle industry veteran Rick Wilks joins SRAM as a senior OEM account manager and Alex Berge joins SRAM as an OEM account manager.
SCOTTS VALLEY, CA (BRAIN) — Fox Factory Holding made its initial public offering of 8,571,429 shares of its common stock late Wednesday at an offering price to the public of $15 per share. The stock surged as high as $19.47 before closing the trading day at $18.61.
OSAKA, Japan (BRAIN) — Shimano’s overall sales through June were $1.4 billion (133.1 billion yen), up from $1.3 billion (123.6 billion yen) over the first six months last year.