News
PARSIPPANY, N.J. (BRAIN) — Kent International purchased Stoneridge Cycle on Tuesday. Stoneridge distributes its bicycles through leading Canadian retailers and the company will remain headquartered in Canada.
PACIFIC BEACH, Calif. (BRAIN) — Bicycle Discovery, a San Diego-area retailer with two locations, is running a promotion with Phat Cycles, a fat-tire beach cruiser brand.
PHOENIX, Ariz. (BRAIN) — Randy and Sally Pittaluga have opened their fifth bike shop in the Phoenix area, Bike Masters Ahwatukee, a Giant Partner Store. The Pittalugas, co-owners of the Bike Masters and Bikes Direct store brands, worked with the Giant Retail Services team in the design of their newest location.
SAN MATEO, Calif. (BRAIN) — Action camera maker GoPro Inc., plans to raise $800 million in a secondary stock offering. The company, which went public in June, plans to offer $100 million in shares, while current shareholders, including founder and CEO Nicholas Woodman, will sell the remaining $700 million.
SAN FRANCISCO (BRAIN) — Timbuk2 has extended its current contracts with its Korean and Japanese distributors, Anvil SNH Co. and Itochu Fashion System, respectively.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products has added another member to their outside sales team. Steve Kalk is now the outside rep in Illinois, portions of Wisconsin, and part of the Upper Peninsula of Michigan.
PETALUMA, Calif. (BRAIN) — Yuba Bicycles has signed eLastenrad, a German online seller of electric cargo bikes, as its new European distributor.
LEBANON, Ill. (BRAIN) — McKendree University is joining the list of universities and colleges that offer cycling as a full fledges varsity sport with a full time paid coach.
WILMINGTON, Del. (BRAIN) — Blue Bicycles has hired Orli Chinea as the brand's Western regional sales manager.
COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has announced the four finalists to host the 2017 and 2018 Cyclo-cross National Championships, a list that has been narrowed from 11 applicants.
SAN DIEGO, Calif. (BRAIN) — Pat Cunnane stepped up to the podium at the National Bicycle Tourism Conference Friday and said he had to apologize.
NEW YORK (BRAIN) — Eddy Merckx Cycles USA has hired several new employees, including a new sales manager and director, as it transitions from consumer direct sales to IBD sales.
CARLSBAD, Calif. (BRAIN) — Spy Inc. reported this week that third-quarter sales rose 8.1 percent to $11 million, driven by strong sales of goggles and prescription frames. Income from operations increased by $100,000 to $600,000 in the quarter, compared with $500,000 a year earlier.