News
SAN FRANCISCO (BRAIN) — California retailer Mike's Bikes has secured a "multi-million dollar" credit facility through Business Capital, a commercial finance and debt restructuring firm.
SANTA CRUZ, Calif. (BRAIN) — Santa Cruz Bicycles has named Lusty Industries as its exclusive Australian distributor.
As of Jan. 1, Lusty Industries will handle distribution for Santa Cruz and Juliana bicycles, components and soft goods in Australia.

LAS VEGAS (BRAIN) — A French company, Connected Cycle, is introducing a pedal with various electronic features, including the ability to track its location (and presumably the location of the bike it's attached to) if stolen, as well as the bike's speed, route, incline, and calories burned.

LAGUNA HILLS, Calif. (BRAIN) — It's been 12 months since Shimano American overhauled its U.S. distribution, cutting its roster of U.S. distributors and emphasizing its own dealer direct sales.

LAS VEGAS (BRAIN) — Polar is launching a new fitness monitor at the Consumer Electronics Show in Las Vegas this week. The new Polar A300 offers activity tracking, heart rate monitoring with a Polar H7 heart rate sensor, automatic sleep tracking, calorie burn and inactivity alerts.
WILTON, Ct. (BRAIN) — Dorel Industries, parent of the Cycling Sports Group and its stable of brands, which include Cannondale, GT, Schwinn, Caloi and Sugoi, has added several new hires in the new year in its recreational division.
WILTON, Ct. (BRAIN) — This Wednesday's official team launch for Cannondale-Garmin Pro Cycling will be streamed live on Cannondale.com.
FORT COLLINS, Colo. (BRAIN)— Niner Bikes' Chris Sugai kicked off the New Year outlining his hopes for the company in an article in Friday's Wall Street Journal.

LAS VEGAS (BRAIN) — Garmin is introducing several new wearable gadgets, some with GPS and cycling features, at the Consumer Electronics Show here this week.
SALT LAKE CITY (BRAIN) — Miller Sports Properties has named Jenn Andrs the executive director of the Tour of Utah men's professional cycling stage race.

LAKE FOREST, Calif. (BRAIN) — Torcano Industries has become the exclusive U.S. distributor for PureFit Inc, makers of PureFit nutrition bars.
FORT COLLINS, Colo. (BRAIN) — Selle San Marco is restricting sales of its 2015 model year saddles to authorized dealers.