All articles by BRAIN Staff
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.
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.
GREENVILLE, S.C. (BRAIN) — Michelin Bicycle has partnered with Team Roger C. Peace Cycling, the only independent team competing on a global para-cycling schedule, as provider of its Pro4 line of race tires and other team support throughout the season.
MADISON, Wis. (BRAIN) — Carmichael Training Systems and Peaks Coaching Group have selected PowerTap as a preferred power meter, giving athletes access to power equipment and guidance.
OREM, Utah (BRAIN) — Mountain Bike Hall of Famer and 16-year industry veteran Nat Ross has joined Lizard Skins as international sales executive.
TUCSON, Ariz. (BRAIN) — Continuing its support of Exceeding Expectations, which encourages at-risk youth in San Bernardino, Calif., to pursue a positive path in life through the sport of triathlon, TriSports.com has donated more than $6,000 in gear in almost-new condition.
VEVEY, Switzerland (BRAIN) — The iconic brand PowerBar has a new owner—Post Holdings, the maker of Grape-Nuts, Post Raisin Brand, Honey Bunches of Oats and other foodstuffs. Nestle SA sold the brand, along with its Australian sport nutrition company, Musashi, to Post. Nestle made the announcement Monday.
BOULDER, Colo. (BRAIN) — "Eric’s Big Day: A Bicycle Race Unlike Any Other," Rod Waters’ book for children ages 4 to 8, tells the whimsical story of a boy who helps wayward bike racers as he pedals to meet a friend for a picnic—and finds himself a winner in the end.
OSAKA, Japan (BRAIN) — Unfavorable weather in Europe and North America was countered by strong sales in China and a growing service parts business in all markets to drive Shimano’s sales 10 percent higher in 2013 to $2.68 billion (271.037 billion yen).