News

JANESVILLE, Wis. (BRAIN) — LeMans Corp., one of the largest powersport parts and accessory distributors in the world, will soon be offering Intense's new Tazer MX electric mountain bikes to its dealers.

MONTRÉAL (BRAIN) — Louis Garneau Sports, Inc. has more than 500 listed creditors, owed a total of $24 million. They include Chinese factories, Canadian banks, employees, athletes and even the company's own U.S. subsidiary.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products notified registrants Friday that a Service Summit tech education event has been canceled because of COVID-19 concerns.

DURANGO, Colo. (BRAIN) — The Channel Mastery podcast is offering a special episode created to help speciality outdoor sports businesses support crisis communications during the COVID-19 virus crisis.

BRASELTON, Ga. (BRAIN) — Fox Factory's sales in the bike market continue steady growth, up 11.3% in the fourth quarter and 6.3% for the full year. Full year sales were $299 million in the bike market, where the company sells products under the Fox, Marzocchi, Race Face and Easton brands.

CHICAGO (BRAIN) — CABDA show director Jim Kersten said next week's CABDA East trade show in New Jersey is going ahead as planned, even after at least 11 exhibitors have told him they plan to pull out. The show originally had 156 registered exhibitors.

SAINT-JEAN-DE-MOIRANS, France (BRAIN) — France's Rossignol Group, which owns Rossignol Bike, Time Sport and Felt Bicycle, says it is considering big changes to the Time frame business and its remaining frame factory in Slovakia.

BOULDER, Colo. (BRAIN) — The Pro's Closet is now an official supplier to USA Cycling, offering bikes and gear at reduced prices with an eye on growing youth cycling.
HEERENVEEN, Netherlands (BRAIN) — Accell Group says its traditional bike sales were down 13% in value last year, while sales of e-bike were up 11% and of cargo bikes up 47%.

Many look to digital options as real-world marketing opportunities shift beneath their feet.

Dirt Rag announced in late January that it was shutting down its magazine and website, as well as its Dirt Fest and Adventure Fest mountain bike festivals (Other groups have since stepped up to run the events).

MONTEREY, Calif. (BRAIN) — Organizers of the Sea Otter Classic, scheduled for next month here, announced Thursday that they are postponing the event to an undetermined date because of the ongoing COVID-19 outbreak.