Posted November 14, 2023
Brad Burton.

BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: Which point-of-sale system does your shop use, what are the costs, and how satisfied are you with it?

Posted November 13, 2023
Chris Nolte, left, and Justin Kosmides.

DETROIT (BRAIN) — The co-founders of Propel Bikes and Vela Bikes announced Monday the creation of Bloom, a vertical integration partner for light electric vehicles, with its first manufacturing location in the Motor City.

Posted November 13, 2023

TAIPEI, Taiwan (BRAIN) — Giant Group's sales in the first three quarters of the year were NT$62.1 billion ($1.97 billion), a decrease of 12.4% from the same period last year. The manufacturer's net income after tax was NT$3.12 billion, a 45% decrease year-over-year.

Posted November 13, 2023

The Quadrumvirate members may remain constant, but there's plenty of change in the rest of the top ten over the last 13 years.

Posted November 10, 2023

SEATTLE (BRAIN) — Rad Power Bikes will close its New York-area Rad Retail location as part of necessary organizational changes, according to a company spokesperson.

Posted November 10, 2023

CAPE TOWN, South Africa (BRAIN) — After reporting global revenue was down 48% in the third quarter year-over-year and pledging a renewed focus on the mountain bike protective gear market earlier this week, Leatt released details about its revamped products days later.

Posted November 9, 2023

SANTA FE, N.M. (BRAIN) — The 24th Cranksgiving bicycle-inspired food drive is underway nationwide and for the first time attracting additional industry sponsorship.

Posted November 9, 2023

I would like to take this opportunity to share our brand vision for retailers and riders alike. More importantly, I want to emphasize our belief in human connection and the retail network we operate with; plus celebrate all retailers who drive the cycling life in America.

Posted November 6, 2023

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported third-quarter revenue was down 48% and revenue for the first nine months of 2023 dipped 43% year-over-year.

CEO Sean Macdonald said he remains optimistic about the protective gear brand.

Posted November 3, 2023

LEXINGTON, S.C. (BRAIN) — HLC had a round of layoffs that included some of its e-commerce business solutions team, while sources told BRAIN the South Carolina-based distributor will close its Texas and Pennsylvania distribution centers.

Posted November 3, 2023
Marucci also owns the grip brand Lizard Skins. Fox announced that sales in the bike division were down 58% in the most recent quarter.

WESTPORT, Conn. (BRAIN) — Fox Factory is striking out in a new direction with the acquisition of Marucci Sports, a baseball and softball equipment brand.

Posted November 2, 2023

Sales decline as the company prepares to sell of its ammunition business unit and spin its outdoor sports brands in a new company called Revelyst. The CEO of Revelyst said the company plans to focus on its "highest potential" brands and may sell other brands.

Posted November 1, 2023

OLATHE, Kan. (BRAIN) — Garmin Ltd.’s third-quarter revenue increased 12% year-over-year buoyed by the Fitness segment’s growth across all categories.