News
IRVINE, Calif. (BRAIN) — Felt Bicycles founder and long-time head of sports marketing Jim Felt will be departing the company he founded in partnership with Bill Duehring, the company announced Friday.
WASHINGTON (BRAIN) — The National Sporting Goods Association and the National Retail Federation — along with the attorneys general from 35 states and the District of Columbia — have signed on to support South Dakota’s efforts to overturn a key ruling that exempts online retailers from collecting state sales taxes.
GREENSBORO, N.C. (BRAIN) — VF Corporation has signed a purchase agreement with New Zealand-based wool clothing company Icebreaker Holdings, Ltd.
VF already owns The North Face, Vans, Smart Wool, Timberland and Lee.

NEW YORK (BRAIN) — It’s been more than five years since the BRAIN Dealer Tour visited New York City, braving the Big Apple’s busy avenues and steaming July temperatures to visit more than a dozen shops.
DENVER, Colo. (BRAIN) — Organizers of this weekend's VeloSwap consumer bike swap and expo are expecting more than 8,000 attendees and 350-plus vendors, which include individuals, retailers, suppliers, teams and other groups selling used and new gear.
MONTREAL (BRAIN) — Dorel Industries reported Thursday that third-quarter revenue in the division housing its mass-market and IBD bikes businesses plunged 18 percent due to factors including hurricanes and other extreme weather in North America, the bankruptcy filing of mass customer Toys R Us in September, and overa

DENVER, Colo. (BRAIN) — High-end bike brand Alchemy Bicycles is now offering consumers a 30-day ride-test guarantee on its Ready to Roll bikes. Customers can return the bikes for a full refund of exchange in the first 30 days.
EUGENE, Ore. (BRAIN) — Rolf Prima has launched sister brand Astral Cycling to manufacture traditionally laced alloy and carbon rims for consumers and wheel builders at its Oregon facility.

CHICAGO (BRAIN) — Unlike many of the other markets the BRAIN staff visited on our Dealer Tours, there's been no turnover among the Chicago-area retailers we visited in 2013. If you value stability and you like speaking with the same shop owner year after year, then Chicago is your market.
BOULDER, Colo. (BRAIN) — This month IMBA is launching a new fundraising push to fund dozens of pre-approved new mountain bike trail projects around the country. The organization has identifued 68 trail and bike park projects in 31 states that will benefit from the fundraising.
SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory reported record sales of $127.4 million in the third quarter, up 16.9 percent from the same period last year. In its bicycle division, which includes sales through the Fox, Marzocchi, Race Face and Easton Cycling brands, sales were up 8.8 percent in the quarter.
SAN MATEO, Calif. (BRAIN) — GoPro on Wednesday reported a 37 percent increase in third-quarter revenue to $329.8 million and net income of $14.7 million, compared with a loss of $104 million in the same quarter a year earlier.
PORTLAND, Ore. (BRAIN) —Velotech, Inc., which owns the multi-channel retailer Western Bikeworks and e-commerce site BikeTiresDirect.com, has acquired the TriSports.com brand and has relaunched it in place of its current triathlon brick-and-mortar store and e-commerce site, The Athletes Lounge.