News
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.
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.
(VELO) — GCN+ — the live streaming service as part of the Global Cycling Network — is closing effective Dec. 19.
BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: Which point-of-sale system does your shop use, what are the costs, and how satisfied are you with it?
DETROIT (BRAIN) — The co-founders of Propel Bikes and Vela Bikes announced Monday the creation of Bloom, a vertical integration partner for light electric vehicles, with its first manufacturing location in the Motor City.
TAIPEI, Taiwan (BRAIN) — Giant Group's sales in the first three quarters of the year were NT$62.1 billion ($1.97 billion), a decrease of 12.4% from the same period last year. The manufacturer's net income after tax was NT$3.12 billion, a 45% decrease year-over-year.
The Quadrumvirate members may remain constant, but there's plenty of change in the rest of the top ten over the last 13 years.
SEATTLE (BRAIN) — Rad Power Bikes will close its New York-area Rad Retail location as part of necessary organizational changes, according to a company spokesperson.
CAPE TOWN, South Africa (BRAIN) — After reporting global revenue was down 48% in the third quarter year-over-year and pledging a renewed focus on the mountain bike protective gear market earlier this week, Leatt released details about its revamped products days later.
SANTA FE, N.M. (BRAIN) — The 24th Cranksgiving bicycle-inspired food drive is underway nationwide and for the first time attracting additional industry sponsorship.
I would like to take this opportunity to share our brand vision for retailers and riders alike. More importantly, I want to emphasize our belief in human connection and the retail network we operate with; plus celebrate all retailers who drive the cycling life in America.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported third-quarter revenue was down 48% and revenue for the first nine months of 2023 dipped 43% year-over-year.
CEO Sean Macdonald said he remains optimistic about the protective gear brand.
LEXINGTON, S.C. (BRAIN) — HLC had a round of layoffs that included some of its e-commerce business solutions team, while sources told BRAIN the South Carolina-based distributor will close its Texas and Pennsylvania distribution centers.
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