News

Posted May 8, 2015

BOULDER, Colo. (BRAIN) — Outdoor sports retailer REI is donating $100,000 to PeopleForBikes to expand its Green Lane Project.

Posted May 8, 2015

PORTLAND, Ore. (BRAIN) — North St. Bags has opened a new retail concept storefront in Southeast Portland.

Nearly tripling its existing showroom area, the North St. Bags SHOP HQ showcases on-hand inventory from the brand's line of made-in-Portland convertible pannier bags and other cycling accessories.

Posted May 7, 2015

LONGMONT, Colo. (BRAIN) — Clif Bar has extended its title sponsorship of the CrossVegas cyclocross race by two years, through the 2017 event. This year the event will be designated a UCI World Cup, the first time a cyclocross World Cup has been held outside Europe. The race will be Sept. 16.

Posted May 7, 2015

TRENTON, N.J. (BRAIN) — Hutchinson Tire North America has hired the OEM brand management firm SpinCycle Consulting, which is headed up by industry veteran Kendall Young, to handle sales to North American OEM brands.

Posted May 7, 2015
Organic revenue up 3 percent in bike business excluding currency issues. Growth buoyed by IBD sales in Europe, Japan and Brazil. U.S. market off to slow start.

MONTREAL (BRAIN) — While worldwide currencies have somewhat stabilized against the U.S. dollar, foreign exchange rates dealt a major blow to Dorel's first-quarter earnings across all of its business divisions, officials told analysts during a call Thursday morning.

Posted May 7, 2015

PETALUMA, Calif. (BRAIN) — CamelBak sales for the first quarter this year were down 4.8 percent from the same period last year, a decline the company attributed to the strong U.S. dollar, the West Coast port shutdown and a continued downsizing of the U.S. military.

Posted May 7, 2015
Bike-related sales up 6 percent, mostly due to the addition of Race Face and Easton sales.

SCOTTS VALLEY, Calif. (BRAIN) — "Alternative logistics" helped Fox Factory exceed its sales expectations for the first quarter, despite the West Coast port shutdowns.

Posted May 6, 2015

OGDEN, Utah (BRAIN) — Mike Wilson has been named the North American marketing manager for Mavic and Suunto, two brands owned by Amer Sports.

Posted May 6, 2015
Brandt in 1977. Photo by Peter Johnson.

PALO ALTO, Calif. (BRAIN) — Jobst Brandt died Tuesday at age 80 after a long illness.

Posted May 6, 2015
An image from one of the patents involved.

PETALUMA, Calif. (BRAIN) — E-Thirteen and MRP have entered into a co-licensing agreement that covers their respective intellectual property relating to direct-mount bashguards.

Both companies have used direct-mount guards since 2007.

Posted May 6, 2015

BOSTON (BRAIN) — Vittoria Industries North America has hired Derek Griggs as regional sales representative for New England.

Posted May 6, 2015

LEAMINGTON SPA, U.K. (BRAIN) — The British bicycle security brand Hiplok has hired Aspekt Brand Communications to handle the launch of the Hiplok Gold wearable bike lock.

Posted May 6, 2015

LAKE FOREST, Calif. (BRAIN) – Torcano Industries is now distributing Cycle Group Inc.'s Promax and BOX Components brands.

CGI is a Southern California-based supplier of aftermarket bicycle components under the BOX and Promax brand names. CGI is led by U.S. Bicycling Hall of Famer Toby Henderson.

Pages