BRAIN Staff
All articles by BRAIN Staff
April 19, 2023
NEWARK, N.J. (BRAIN) — A criminal sentencing hearing has been delayed again for cycling investor Samuel J. Mancini, who pleaded guilty to one count of securities fraud last year.
Posted in Industry News
April 18, 2023
MONTEREY, Calif. (BRAIN) — In the days before the opening of the Life Time Sea Otter Classic here on Thursday, many brands announced new products that they will show in person at the event's expo. Many other brands plan to make public announcements of new products on Thursday morning.
Posted in Product/Tech
April 18, 2023
MONTEREY, Calif. (BRAIN) — Wild Rye, an outdoor and cycling apparel brand, has teamed with Juliana Bicycles to launch a limited-edition apparel collection. Wild Rye and Juliana are both women-first brands.
Posted in Product/Tech
April 18, 2023
MONTEREY, Calif. (BRAIN) — CycleCafe, which is something like a store-within-a-store offering coffee and related merchandise within speciality stores, is opening its first U.S. location, which will be in Boulder, Colorado.
Posted in Retail News
April 11, 2023
PARK CITY, Utah (BRAIN) — The German e-commerce company Signa Sports United is opening its wholesale business, Hotlines, in the U.S. market for the first time.
Posted in Industry News
April 7, 2023
AMSTERDAM (BRAIN) — Pon Holdings revenue increased 23% year-over-year to reach $10 billion euros ($10.9 billion) for the first time in company history, while Pon.Bike revenue was 2.4 billion euros ($2.62 billion).
Posted in Industry News
March 7, 2023
ASPEN, Colo. (BRAIN) — Vail Resorts is closing 19 retail locations in the Colorado mountains. Most of the locations offered winter sports sales and rentals, but several of them also offered bike sales and rentals. The closures will cost 69 workers their jobs.
Posted in Retail News
March 7, 2023
LONG BEACH, Calif. (BRAIN) — Virtual cycling brand Zwift is letting go 15% of its staff in its latest round of layoffs. The company also cut workers last May and November.
Posted in Industry News
March 7, 2023
NEWARK, N.J. (BRAIN) — A sentencing hearing has been rescheduled for Samuel J. Mancini, who pleaded guilty last year to securities fraud related to a fund with plans to buy several Italian cycling brands.
Posted in Industry News
February 17, 2023
TOYKO (BRAIN) — Shimano is forecasting a company-wide 20.5% drop in net sales for its fiscal 2023, citing global economic conditions and supply chain disruptions. It's forecasting bike division sales will be down 23%.
Posted in Industry News
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