News
WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.
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.
OLATHE, Kan. (BRAIN) — Garmin Ltd.’s third-quarter revenue increased 12% year-over-year buoyed by the Fitness segment’s growth across all categories.
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.
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.
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.
CHICAGO (BRAIN) — PedalCell, a manufacturer of weather-proof generators for electronics charging, announced it will cease operations on Jan. 1.
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.
STRATFORD-UPON-AVON, United Kingdom (BRAIN) — Pashley Cycles will invest in the sustainable transportation market by starting a crowdfunding campaign to help support product development in e-cargo delivery bikes, electric assist leisure bikes, and bike-share products.
STOCKHOLM (BRAIN) — MIPS had a 32% net sales decline year-over-year in the third quarter that the helmet-technology company said was primarily because of continued weak demand in the bike sub-category.
BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: What’s your experience with, and assessment of, click-and-collect programs?
NEW YORK (BRAIN) — The City Council met with the city's Committee on Consumer Worker Protection on Monday to discuss a bill that would require third-party delivery app companies like DoorDash to provide workers access to certified e-bikes and batteries and another that would require workers taking an e-bike safety c
TOKYO (BRAIN) — Shimano is reporting that sales in bike-related products were down 24.8% in the first three quarters of its fiscal year, compared to the same period last year. The company's operating income in its bike business was down 48.8% over the same period.
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