News
CHICAGO (BRAIN) — SRAM informed dealers that it's allowing a temporary deviation from retail pricing guidelines in the U.S. market on just under 200 SKUs. The promotion goes through Dec. 31.
NEW YORK (BRAIN) — The New York Fire Department said lithium ion batteries on e-mobility devices caused an apartment building fire on Saturday that injured 38 people.
WESTPORT, Conn. (BRAIN) — Compass Diversified, which owns BOA, Lizard Skins and PrimaLoft among other brands, recorded sales of $598 million in its most recent quarter, up 22% from the same period last year.
NEW YORK (BRAIN) — Vista Outdoor’s Action Sports group of brands, which includes its bike-related brands, saw sales of $151 million in the company’s most recent quarter, up 44% from the same period last year.
GREENVILLE, S.C. (BRAIN) — Boyd Cycling suffered a data breach Tuesday with the wheelset manufacturer locked out of its Instagram page and losing control of its advertising account.
INDIANAPOLIS (BRAIN) — Bell Sports has settled a product liability suit filed by an Indiana woman who said her Bell Universal pedal broke off while she was riding, causing a crash and injuries. The suit said the woman suffered damages totaling nearly $5 million.
TAIPEI, Taiwan (BRAIN) — Giant Group's net sales totaled NT$70.87 billion ($2.2 billion) through its first three fiscal quarters, a 14.4% increase over the same period last year.
NOVATO, Calif. (BRAIN) — Mike's Bikes, which is Pon.Bike's North American retail wing, will give its name to the four Denver-area Elevation Cycles locations it bought in May.
DULUTH, Ga. (BRAIN) — Fox Factory's company-wide sales were up 17.8% in its most recent quarter compared to the same period last year, with sales in the company's bicycle-related Speciality Sports Group up 9.1% in the period to $174 million.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. third-quarter revenue decreased 4% year-over-year but experienced subscription and service revenue growth for the quarter ending Sept. 30.
LIVONIA, Mich. (BRAIN) — Lawrence "Larry" Loiselle died Oct. 12 at age 74. Loiselle grew up in the family business, Jerry's Bicycles, and later owned and operated Livonia Schwinn Bicycle and Fitness Center. He was president of the National Bicycle Dealers Association for several years.
BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News has added a free weekly email newsletter devoted to e-bike industry news.
SILVER CITY, N.M. (BRAIN) — The cycling and business community in this small city in southwestern New Mexico have been devasted by the deaths of the husband and wife who owned and ran the Gila Bike & Hike, a long-standing local bike shop.
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