News
SCOTTS VALLEY, Calif. (BRAIN) — Compass Diversified Holdings and Robert C. Fox, Jr. are selling at least 3.5 million shares in Fox Factory Holding Co., according to documents filed with the Security and Exchange Commission this week.
SANTA FE, N.M. (BRAIN) — Outside Magazine's annual list of the 100 "Best Places to Work" is out and includes a handful of companies involved in the bike industry.
HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.
SEATTLE (BRAIN) — In its second year, so far 475 organizations, including government agencies, non-profits and businesses, have pledged to participate in REI's #OptOutside promotion, which encourages businesses to shut down on Black Friday, Nov. 25, and take part in outdoor activities that day.
WASHINGTON (BRAIN) — The U.S. House of Representatives this week passed passed H.R. 4665, the Outdoor REC (Recreation's Economic Contributions) Act, which would require the Departments of Commerce and Labor to provide statistics on how outdoor recreation contributes to the nation's economy.
CHAPEL HILL, N.C. (BRAIN) — David Pruitt, a longtime Performance Bicycle employee who helped negotiate the retail chain's sale to Advanced Sports International, has stepped down as CEO effective this week. Pat Cunnane, ASI's CEO, has been named Performance's interim president.
ST. LAURENT, Quebec (BRAIN) — Raymond Lanctôt Ltd., a sporting goods distributor, has launched a new bike division that will focus on the Canadian distribution of brands including Benno Bikes, Melon Helmets and Suomy Helmets.
COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes has launched a new online selling program that the company said will protect its current dealers.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Pat Hus, vice president of Interbike, was recently named show director of the Sports Licensing and Tailgate Show (SLTS). Emerald Expositions owns and operates SLTS, as well as Interbike, Outdoor Retailer, and more than 80 trade shows, conferences and summits.
PETALUMA, Calif. (BRAIN) — Yuba Bikes, maker of cargo bikes, is working with ShipEarly to deliver online bike sales through its network of dealers. Bikes purchased online now can be shipped to a Yuba dealer chosen by the consumer for build and pickup. It can be the closest or preferred shop the consumer selects.
HEERENVEEN, Netherlands (BRAIN) — Sales of performance e-bikes continue to drive sales increases for Accell Group, the parent company of Raleigh, Diamondback, Haibike and other bike brands.
WATERLOO, Wis. (BRAIN) — This week 11 women technicians will attend Trek's first ever Women's Expert Technician Course, offered at the company's Trek Certified Service facility here.
PORTLAND, Ore. (BRAIN) — Cyclone Bicycle is the new exclusive distributor of Cinelli USA bikes and frames, which were previously distributed by BTI.
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