News
HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. said it is considering selling its North American business, Accell North America, or right-sizing it down to a profitable size.
HELSINKI (BRAIN) — The board of directors for Amer Sports has issued a statement in support of a bid by an investor group to buy the company's outstanding shares. Amer is the parent company of Mavic and Enve as well as an array of other sports brands.
The investor group is led by China's Anta Sports.
SANTA MONICA, Calif. (BRAIN) — Police here have arrested a suspect in a series of thefts at Southern California bike shops in which fake identification and credit cards were used to take high-end bikes out on test rides and never return them.
FULLERTON, Calif. (BRAIN) — Mountain bikers who know their sneaker-style MTB shoes will see a few familiar features in the Up Link clipless model from new footwear brand Unparallel Sports. Start with the outsole: That's similar to Teva's Pivot clipless shoes from the brand's brief foray into the MTB market, right? Actually, it is the Teva outsole design.
CITY OF INDUSTRY, Calif. (BRAIN) — Avant Sports' Justin Christopher views the fixed-gear market much like the BMX market: It's hot for a couple years, then cold. Then hot again, and cold again. That's one reason why Avant's Aventon brand expanded beyond track and other fixed-gear bikes this year to offer its first geared bikes: a drop-bar adventure model and a commuter e-bike.
BOCA RATON, Fla. (BRAIN) — Split Peak LLC, a private investment firm, has acquired Clean Designs, LLC, the parent company of Clean Bottle.
Clean Bottle was launched in 2010 with a guerrilla marketing campaign at that summer's Tour de France and later appeared on the ABC series "Shark Tank."
Tariffs are a great way to teach geography, as well as a smattering of international economics.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. plans to move most of its U.S.-bound camera production out of China by next summer to mitigate the potential impact of new tariff lists. Production of cameras bound for non-U.S. markets will remain in China.
Like anyone who has invested a good portion of their livelihood in this industry, my heart sank to the news of Interbike being canceled.
COLUMBUS, Ohio (BRAIN) — Gov. John Kasich has signed a bill making Ohio the 11th state with an e-bike law supported by the industry.
LOVELAND, Colo. (BRAIN) — When Scheels All Sports opens one of its gargantuan sporting goods stores in a new community, the local press gushes over the tons of steel and truckloads of concrete needed to build the quarter-million-square-foot stores. Officials and business owners in nearby communities, meanwhile, tally up the "Scheels Factor."
LONDON (BRAIN) —The parent company of Rapha has filed an audited financial statement showing an operating loss of nearly 20 million pounds ($25 million) last year. The loss was due to exceptional administrative expenses incurred following the brand's acquisition in 2017; the company's gross profit was nearly 18 million pounds.
Anyone can say what they want about Interbike. But I don't believe John Burke, Mike Sinyard and the others who sit at the top in this industry would be here if it weren't for Interbike.
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