Industry News
MONTEREY, Calif. (BRAIN) — The Sea Otter Classic plans to hold its event about a month later than usual next year, announcing 2021 dates of May 20-23.
MONTRÉAL (BRAIN) — Dorel Industries has agreed to a buy-out offer from a group backed by Cerberus Capital led by a family group that includes CEO Martin Schwartz and other current Dorel executives.
ALLENTOWN, Pa. (BRAIN) — A federal judge dismissed a suit Olympic medalist Marty Nothstein had filed against USA Cycling. The suit stemmed from sexual misconduct allegations — later found to be false — that emerged after Nothstein announced his candidacy for the U.S. House in 2018.
HAMBURG, Germany (BRAIN) — Trek Bicycle shut down its European Electra headquarters here on Tuesday and consolidated its functions at the Trek office in Switzerland.
CAPE TOWN, South Africa (BRAIN) — Protective equipment manufacturer Leatt Corp. reported its best third quarter in company history with revenue increasing 18% and net income by 22% year-over-year.
HOVE, England (BRAIN) — The company that offers the Bike Rental Manager software is planning a app that will allow consumers to find and book rental bikes online from across all participating rental operations.
MOAB, Utah (BRAIN) — After having to cancel its 2020 events, organizers of the Outerbike bike demo series have announced a calendar of events for next year, starting in the third quarter. Outerbike also is releasing more details of the online bike-finder feature it originally announced in July.
HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. said its sales were up 38% between July and October compared to the same period last year. The company has revised up its forecast, now saying its full-year earnings before interest and taxes will exceed last year's EBIT.
BRASELTON, Ga. (BRAIN) — Fox Factory said it was able to meet heightened consumer demand while also improving gross margin despite "an uncertain and complex manufacturing environment."
SANTA CRUZ, Calif. (BRAIN) — The U.S. office of Gazelle Bikes will be distributing Urban Arrow Family e-cargo bikes in North America in 2021.
TAICHUNG, Taiwan (BRAIN) – Giant Group’s third-quarter revenue jumped 14.6 percent over last year’s to NT$19.47 billion ($681.4 million) thanks to a surge in worldwide demand for bicycles and e-bikes.
DURHAM, N.C. (BRAIN) — Nearly two years after Advanced Sports Enterprises and its subsidiaries filed for bankruptcy, the case drags on.
NEW YORK (BRAIN) — Market indexes soared Monday on Pfizer's good news about a COVID-19 vaccine. However, some bike-related stocks were trading down as investors bet riding — indoors or outside — will be less popular in a post-COVID world.
MONTRÉAL (BRAIN) — Raymond Lanctôt LTD has signed a multi‐year agreement to distribute Mavic products in Canada.
MONTRÉAL (BRAIN) — Dorel Sports, the parent of Cannondale, Schwinn, Mongoose, Pacific and other brands, reports third-quarter sales of $306 million, a 22.1% increase over the same period last year.
STOCKHOLM (BRAIN) — Led by demand for bicycle helmets, MIPS reported net sales increased 94% year-over-year in the third quarter.
Net sales increased to SEK 102 million ($11.8 million) from SEK 53 million for the quarter ending in September.
NEW YORK (BRAIN) — Peloton is forecasting total revenue of $1 billion in its fiscal second quarter, roughly the final quarter of this year's calendar.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. reported revenue increased 114% year-over-year for the third quarter that ended Sept. 30.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc., the parent of Bell, Giro, Blackburn, CamelBak and other brands, announced that its sales were up 29% in its second fiscal quarter, to $575 million. Gross profit in the quarter was up 79% from the same period last year, to $162 million.
GRAND JUNCTION, Colo. (BRAIN) — From serving as home of cycling companies to being amid some of the country’s best road routes and mountain bike trails, Grand Junction is considered by many as a cycling mecca.
Pages
1600 Pearl St.
Boulder, CO 80302
This website copyright © 2025.
All rights reserved
