BRAIN Staff

All articles by BRAIN Staff

March 29, 2017

CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation recorded sales of $16.4 million last year, down from $18.3 million the year before. The company recorded a net loss of $455,000 last year.

The company is headquartered in South Africa and its stock is traded on OTCQB market. 

Posted in International
March 29, 2017

TREVISO, Italy (BRAIN) — The private equity firm L Catterton has closed on the transaction to purchase a majority stake in Pinarello, an investment the companies announced last December.

Posted in International
March 28, 2017

WASHINGTON (BRAIN) — Look Cycle is recalling about 800 Look Cycle Aerostems sold separately or as original equipment on some road bikes from model year 2014 through 2017. The carbon fiber stems have stainless steel clamps that can corrode and break, according to the U.S. Consumer Product Safety Commission.

Posted in Recalls
March 28, 2017

TAIPEI, Taiwan (BRAIN) — WTB has added a 32mm tread pattern to its family of Exposure Road TCS tires. The family combines WTB's Road TCS (Tubeless Compatible System) technology with larger-than-usual volumes.

The Exposure 32 joins the 30 and 34mm Exposure tires. 

Posted in New Products
March 28, 2017

CHICAGO (BRAIN) — SRAM has promoted Riki Bloomquist to the newly established technical training manager position. Bloomquist began with SRAM in 2010 as a dealer service representative and most recently served as a training specialist.

Posted in Industry News
March 28, 2017

MELBOURNE, Australia (BRAIN) — Dutch Cargo Bike, an Australian distributor of cargo and urban bikes —  has taken over all responsibility for distributing Tern bicycle in Australia, effective this month.

Posted in International
March 28, 2017

WASHINGTON (BRAIN) — A handful of retailers joined NBDA and PeopleForBikes executives to visit a dozen congressional office here last week. The group talked to policy makers about the impact of the bike industry and about the NBDA's priorities.

Posted in Retail News
March 28, 2017
Adidas also announces new lifestyle/technical sunglass, the Horizor.

SAN FRANCISCO (BRAIN) — Echos Communications has announced that it will serve as the North American public relations agency of record for Adidas Sport Eyewear.

Posted in Industry News
March 27, 2017

SEATTLE, Wash. (BRAIN) — RacerMate Inc., which announced this month that it would stop making its CompuTrainer stationary trainers, is establishing a membership program to ensure that current trainer owners will be able to get replacement parts "virtually indefinitely."

Posted in Industry News
March 27, 2017

WATERLOO, Wis. (BRAIN) — Trek Bicycle has unveiled a custom paint scheme that highlights the personality and talents of Trek-Segafredo star, John Degenkolb.

Posted in New Products

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