All articles by BRAIN Staff

June 10, 2023

SCOTTS VALLEY, Calif. (BRAIN) — Vista Outdoor's Bell Sports division has notified the state of California of the permanent closure of its Scotts Valley facility, which included the layoff of 57 employees there. 

Posted in Industry News
June 1, 2023

BENTONVILLE, Ark. (BRAIN) — Fox Racing held a grand opening ceremony for its new store during the Bentonville Bike Fest last week.

Posted in Retail News
May 19, 2023

WASHINGTON (BRAIN) — Longtime retailer Charlie McCormick, the founder and CEO of City Bikes in D.C., died of natural causes on May 11 while camping in a remote spot overlooking the Potomac River in Poolesville, Maryland.

He was 60.

Posted in Retail News
May 17, 2023

ATLANTA (BRAIN) — Wahoo Fitness says it has eliminated all its debt with a recapatilization from new and current investors. 

Posted in Industry News
May 9, 2023
Mr. Otter was up for selfies at the show.

MONTEREY, Calif. (BRAIN) — Organizers of the Life Time Sea Otter Classic say total attendance at this year's show was 76,500, up from 71,000 last year and with a significant increase in the number of corporate brands and exhibitors at the event's expo.

Posted in Industry News
April 25, 2023
Company-wide, Shimano is forecasting that net income will be 46% below 2022's results this year.

OSAKA, Japan (BRAIN) — Shimano's first-quarter net income in its bike division fell 16.8% from last year, while its operating income in the segment was down 31.8%.

Posted in International
April 22, 2023

MONTEREY, Calif. (BRAIN) — Saris, which is under new ownership since it was purchased from a Wisconsin state receivership program last year, was showing off several new rack products and its stationary trainers at the Sea Otter Classic this week.

Posted in Industry News
April 20, 2023
Olive Manufacturing Group facility.

MONTEREY, Calif. (BRAIN) — Boyd Cycling will begin on-shoring its aluminum rims in South Carolina, with the wheel brand saying this increased capacity and automation will enable it to become the largest alloy rim manufacturing facility in the U.S.

Posted in Industry News
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
5Dev's new ti cranks.

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