News

Posted May 2, 2019
Kristin Carpenter

Like many of you, I was astonished by the race-winning performance turned in by Mathieu van der Poel in the Amstel Gold men's pro road race this year. Let's take three lessons from van der Poel's win and apply them to our specialty brands and shops.

Posted May 2, 2019

BASKING RIDGE, N.J (BRAIN) — A memorial service will be held for Liberty Cycle owner Greg Cordasco on May 15.

Posted May 1, 2019
Costs of patent lawsuits with SRAM total over $2 million in the quarter.
Annual bicycle and power vehicle revenue for Fox, through 2018 fiscal year.

BRASELTON, Ga. (BRAIN) — Fox Factory's bicycle business, through the Fox suspension, Marzocchi suspension, RaceFace and Easton cycling brands, was up 12.7% in the first quarter this year, to $65 million. The company also said equipping e-bikes will be a bright spot for Fox in the next two seasons.

Posted May 1, 2019

OLATHE, Kan. (BRAIN) — Garmin Ltd. reported record first-quarter revenue of $766 million with its fitness, outdoor and aviation divisions collectively increasing 12% from the prior year's quarter.

Its fitness sales numbers, which include cycling products, climbed 8.57% (from $166 million to $180 million).

Posted May 1, 2019
Ben Sarrazin

SANTA FE, N.M. (BRAIN) — What began as a white-water kayak excursion to California's Kern River has — 20 years later — put Ben Sarrazin smack in the middle of the e-bike revolution.

Posted April 30, 2019

SWANTON, Vt. (BRAIN) — Interflon, a Dutch company that sells industrial lubricants in 52 countries, is slowly making its way into the industrial market in the U.S. and along the way is exploring opportunities in the U.S. bike shop market.

Posted April 30, 2019
Program lets retailers take wheel trade-ins toward new Zipp wheel purchases.

INDIANAPOLIS (BRAIN) — Zipp is launching a new program Wednesday that will let consumers trade in their used Zipp wheels for retail store credit they can put toward the purchase of a new set of Zipp wheels. Used gear purveyor The Pro's Closet will provide stores with a trade-in value to offer the customer.

Posted April 30, 2019

FARMINGTON, Utah (BRAIN) — Jen Harned, who was president and general manager of the Bell and Giro brands for Vista Outdoor, has left the company. 

Posted April 29, 2019
Pete Buhl, Beeline Bikes

DURANGO, Colo. (BRAIN) — On the fifth episode of a special series of podcasts copresented by Verde Brand Communications and Bicycle Retailer & Industry News, Pete Buhl, the president and co-founder of Beeline Bikes, talks to Verde's Kristin Carpenter.

Posted April 28, 2019

BLOOMINGTON, Minn. (BRAIN) — QBP has acquired the intellectual property and remaining inventory of the Bushnell Eccentric Bottom Bracket, which had been owned by Seattle's R&E Cycles.

Posted April 27, 2019

BASKING RIDGE, N.J. (BRAIN) — Greg Cordasco, a former bond trader who left Wall Street to follow his passion of owning and operating a neighborhood bicycle shop in New Jersey, died Wednesday of brain cancer.

He was 56. He is survived by wife Ingrid and three children.

Posted April 26, 2019

SANTA ANA, Calif. (BRAIN) — If you've seen Jeff Lenosky ride a bike in person or on his YouTube channel, one thing is readily apparent.

He's cool under stress. But not now.

Posted April 26, 2019

NEW YORK (BRAIN) — Uber's upcoming IPO will likely start out with shares being offered at $44 to $50, which would raise $8 billion to $10 billion and value the ride-hailing company at $80 billion to $90 billion, according a report by Bloomberg.

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