BRAIN Staff
All articles by BRAIN Staff
December 7, 2023
OSAKA, Japan (BRAIN) — Shimano says it is investigating after a news report that a supplier to its factory in Malaysia has operated under conditions that are “akin to modern slavery.”
Posted in International
November 28, 2023
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association has elected Clark Butcher, from Victory Bicycle Studio in Memphis, and Greg McDonald, from Ridleys in Calgary, to its Board of Directors.
Posted in Retail News
November 28, 2023
ALBANY, N.Y. (BRAIN) — State Sen. Iwen Chu recently introduced four bills to address the growing threat of lithium-ion battery fires that have plagued New York City, including one that would require all e-bike and e-scooter shops in the state to have fire suppression measures in place.
Posted in Retail News
November 15, 2023
GARDEN GROVE, Calif. (BRAIN) — After 45 years in business, Pace Sportswear closed at the end of last month, the result of declining sales following the pandemic.
Posted in Industry News
November 15, 2023
DULUTH, Ga. (BRAIN) — Fox Factory announced Wednesday morning that it had completed its acquisition of Marucci Sports, a baseball/softwall equipment brand that also owns the Lizard Skins and Oury grip and handlebar tape brands.
Posted in Industry News
November 3, 2023
Marucci also owns the grip brand Lizard Skins. Fox announced that sales in the bike division were down 58% in the most recent quarter.
WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.
Posted in Industry News
October 30, 2023
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.
Posted in Industry News
October 24, 2023
Crankset inspection program cost the company $114 million in Q3.
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.
Posted in Industry News
October 20, 2023
Company adds Orange County, California, event in April.
PARK CITY, Utah (BRAIN) — Lost Paddle Events will produce two e-bike events next year: a second edition of its (e)revolution Denver show in late May preceded by a new outdoor trade/consumer show in Orange County, California, in April.
Posted in Industry News
October 20, 2023
COSTA MESA, Calif. (BRAIN) — Selle Royal Group is now the sole owner of distributor Highway 2; the Italy-based group previously owned 50% of Highway 2 in partnership with Continental Tire.
Posted in Industry News
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