News
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products will move its annual Frostbike dealer event out of Minnesota for the first time next year. The 2020 event will be held in Denver from Jan. 31-Feb. 2.
LOS ANGELES (BRAIN) — Amer Sports has agreed to sell its Mavic cycling business to Regent, a U.S. private equity firm.
OXFORD, United Kingdom (BRAIN) — A new power meter brand based here is looking to expand its sales in the U.S. with a crank-based meter that retails for about $300 including installation.
MONTREAL (BRAIN) — Dorel Sports — a division of Dorel Industries that includes Cycling Sports Group, the parent of Cannondale and GT — posted double-digit organic revenue growth and significant operating profit improvement in its fourth quarter, the company reported Thursday.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products' new 3P Select program allows its bike shop customers to sell Whisky Parts Co. products on Amazon and eBay. The program makes Whisky the first QBP house brand that dealers will be allowed to sell through third-party online platforms.
PORTLAND, Ore. (BRAIN) — Custom wheel building company Sugar Wheel Works is joining forces with custom bike builders Breadwinner Cycles. The companies are based blocks from each other in Portland.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Outdoor Retailer will be looking to sell space to bike industry brands at its show in Denver this November. Outdoor Retailer is owned by Emerald Expositions, the owner of Interbike, which announced in December that it was canceling its 2019 show.
DENVER (BRAIN) — Denver-based Fly Pedals, which makes a platform conversion for clipless pedals, has been purchased by an investor who is looking to acquire other cycling accessory brands. Terms of the deal were not disclosed.
Much Bigger Pond = Much Smaller Frog: The IBD's slice of the e-bike pie is a whole lot smaller than we think it is. It's time we stopped kidding ourselves about that fact ... and start getting a whole lot smarter about what we're going to do about it.
SQUAMISH, British Columbia (BRAIN) — Canada-based mountain bike website Pinkbike has acquired the road cycling website CyclingTips.com from BikeExchange.
Pinkbike, founded by Radek Burkat in 1998, claims more than 3 million unique visitors every month.
KENT, Wash. (BRAIN) — Accell Group N.V. on Friday announced global revenues were up 2.4 percent, but its North American business reported a 36 percent decline in revenue for the year.
Your supply chains have been forever breached, and redefining retail ownership is the key to tomorrow's IBD success.
NEW YORK (BRAIN) — Hammerhead, which launched the Android-based Karoo GPS bike computer last year, has closed on a a $4.1 million "Seed Plus" funding round. The investment was led by Primary Venture Partners and KB Partners.
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