News
When bottom-line margins to assemble D2C bikes are often better than traditional brands, what does that imply for the IBD business model?
MARINA del REY, Calif. (BRAIN) — Jim Whitsett, longtime industry member and former Supergo, Cynergy and Performance general manager, died Saturday from an apparent heart attack.
He was 56 and survived by his 10-year-old son Jesse and adult son Jason. Funeral arrangements are pending.
TAICHUNG, Taiwan (BRAIN) — The CEO of A&J Bicycles — one of the world's largest bike makers, with factories in Taiwan, China, Vietnam, and Cambodia — is warning customers of possible shipment delays due to the novel coronavirus outbreak in China.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the fourth quarter increased 40% year-over-year to $528 million. Revenue for 2019 increased 4% year-over-year, reaching $1.2 billion, for the period ending Dec. 31.
Excluding GoPro drone business, full year revenues increased 7% year-over-year.
TAIPEI, Taiwan (BRAIN) — Multiple sources in Taiwan and the U.S. tell BRAIN that next month's Taipei Cycle show has been canceled. Exhibitors and other potential visitors have told show organizers they were reluctant to attend because of the ongoing novel coronavirus outbreak in China.
CARLSBAD, Calif. (BRAIN) — While suppliers and advocacy groups were laying groundwork for e-bike use on paved roads and trails, electric mountain bikes began rolling onto sales floors and trails (or not) with little industry preparation.
ANOKA, Minn. (BRAIN) — Bell and Giro sales were up in Vista Outdoor's third quarter thanks to strong sales of winter sports products, the company announced Thursday.
TAICHUNG, Taiwan (BRAIN) — Because of the novel coronavirus outbreak in China, Giant Group has postponed a grand opening media event at its new headquarters building.
SALT LAKE CITY (BRAIN) — Organizers of the Big Gear Show, a bike-paddlesport-outdoor hardgoods show planned for July, have announced a program that will reimburse retailers up to $450 for lodging costs at the show.
NEW YORK (BRAIN) — Connected stationary fitness bike brand Peloton Interactive reported revenue of $466.3 million in its second quarter — 77% up from the same quarter last year, but less than the 103% year-over-year growth it reported last quarter.
LOS ANGELES (BRAIN) — A district court judge has denied BMXer Ryan Guettler’s request for an injunction that would prevent Walmart and Hyper BMX from selling products with his likeness.
TAIPEI (BRAIN) — The welcoming dinner, hosted by the Velo saddle company, Wellgo pedal and Prologo, has been canceled. The show is surveying registered visitors to see if they still plan to attend.
SEATTLE (BRAIN) — The company said it will use the funding to support new brick and mortar retail locations, and to expand its mobile service and "white glove" delivery offerings.
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