News
IRVINE, Calif. (BRAIN) — Felt Bicycles has officially unveiled a new corporate logo. The new design was introduced at a global distributor meeting in Germany. The company also released a usage guide for distributors and retailers that includes recommendations and regulations for all Felt branding.
Sales tax reform may have new life, as a new bill has been introduced in the House that would level the playing field between brick-and-mortar stores and online sellers related to sales tax collection.
FREEPORT, Maine (BRAIN) —The Carrabassett Region chapter of the New England Mountain Bike Association has received a $50,000 grant from LL Bean's Charitable Giving for Conservation and Outdoor Recreation.
WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings has agreed to sell CamelBak Products LLC to Vista Outdoor Inc. for about $412.5 million.
BAULKHAM HILLS, Australia (BRAIN) — Trent Fitzgibbins, one of the co-founders of the Australian distributor JetBlack Products, has sold his share in the company to co-founder Tony Simmonds and plans to take "a lesser role in the company."
HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. noted that operating profit in the first half of the year was up 29 percent to $53.8 million (€49.1 million), while net profit was up 21 percent to $34.9 million (€31.9 million).
WILTON, Conn. (BRAIN) — Nick Hage, who started with Cannondale in 2010 in sales operations, was recently promoted to the role of vice president, sales and operations for Cycling Sports Group's Cannondale brand.
ENCINITAS, Calif. (BRAIN) — A startup cycling clothing company is benefitting from its own California-based factory, which produces custom and inline items for its Eliel road bike clothing and Wattie Ink triathlon clothing.
BERKELEY, Calif. (BRAIN) — GU Energy Labs has named Blair Clark as its president and COO.
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association and Pinkbike have announced their media partnership for the 2015 and 2016 season.
SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.
SAN FRANCISCO (BRAIN) — Ass Savers, the Swedish maker of lightweight rear fenders, is sponsoring USA Cycling for the 2015 season and will provide Team USAC members with customized fenders.
