Posted August 24, 2023

NEW YORK (BRAIN) — Peloton’s fiscal year has concluded with $1.13 billion in revenue, down 48% from the prior year and 64% from the year before that. 

The company’s net loss for the year was $1.26 billion, partly a result of a costly seatpost recall that was announced in May.

Posted August 22, 2023

DENVER (BRAIN) –  Pactimo is working with Maui artist Welzie to create a Love Maui Love Collection of jerseys and running shirts, with sales proceeds dedicated to supporting those devastated by the recent Maui fires.

Posted August 22, 2023

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 3.6% year-over-year in the second quarter and after an organizational review eliminated some customer support center jobs on Monday.

Posted August 21, 2023

CYPRESS, Calif. (BRAIN) — Yamaha Bicycles started a click-and-collect program through its network of dealers, giving customers the option to buy online and pick up at the nearest Yamaha dealer

Posted August 21, 2023

BOULDER, Colo. (BRAIN) — HydraPak, owner of the Polar Bottle brand, has released two different Limited Edition Sport Insulated 24 ounce bottles to support those impacted by floods in Vermont and wildfire in Hawaii.

Posted August 20, 2023
Company is also developing an extinguisher for battery fires.

WATERTOWN, Conn. (BRAIN) — A 25-year old Connecticut packaging supply company has new technology that it claims will suppress lithium-ion batteries being stored or shipped.

Posted August 18, 2023

NEW YORK (BRAIN) — Peloton launched a B2B division that will offer its hardware and interactive software to clients in hospitality, corporate wellness, gyms, and community wellness.

Posted August 16, 2023
West Maui Cycles after the fire.

LAHAINA, Hawaii (BRAIN) — West Maui Cycles owner Jamie Boote awoke the morning of Aug. 9 to find the power out and winds whipping in his neighborhood. He and his wife, Dawn, went to the shop to secure loose objects before heading home through a tangle of downed power lines. That would be the last time the Bootes saw their bike shop.

Posted August 15, 2023

NEW YORK (BRAIN) — E-bike reseller Upway will offer a repair program exclusively for VanMoof owners here beginning the week of Sept. 4.

Posted August 15, 2023
Jonathan Minks.

BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: What do you do for professional development?

Posted August 14, 2023

It's the middle of summer and inventories are still up while sales are still down. So what do we do now?

Posted August 10, 2023
Name for the Outdoor Products business will be announced in "the coming weeks."

LEWISTON, Idaho (BRAIN) — After Vista Outdoor splits into two companies later this year, the ammunition and shooting sports business will be called The Kinetic Group.

Posted August 10, 2023

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation's second-quarter revenue decreased 31% year-over-year despite mountain bike and moto helmet sales increasing 48% compared with the same time last year.