News
EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.
VISTA, Calif. (BRAIN) — Chief operating officer Joe Hawk is retiring after 29 years at Haro Bikes.
BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes founders Stan and Cindy Koziatek are retiring after selling the company to the North Carolina-based investment company Zabel Companies LLC.
DERBY, United Kingdom (BRAIN) — Forme Bikes reported the theft of e-bikes from a supplier while in transit between its headquarters here and its Italian assembly plant on Friday.
SALT LAKE CITY, Utah (BRAIN) — Rad Power Bikes will open its sixth store on July 8, in Salt Lake City. The company said it plans to open stores in Huntington Beach, California; Brooklyn, New York; and St. Petersburg, Florida, later this summer.
KNOXVILLE, Tenn. (BRAIN) — Rick Adams is the new CEO of LeMond Bicycles, replacing Dean Hendrickson, who will transition to CEO of LeMond Carbon.
(BRAIN) — Dahon, celebrating its 40th anniversary this year, says it is refocusing on brick-and-mortar retailers by halting sales via Amazon and other online-only vendors.
(BRAIN) — The National Bicycle Dealers Association has announced the 2022 Bicycle Retailer Excellence Awards winners. One hundred and eleven retailers from North America were awarded at Platinium, Gold, Silver and Bronze levels.
TREVIGLIO, Italy (BRAIN) — Bianchi announced Thursday that it will directly distribute in Scandinavia beginning Friday.
Announcing it as "a new phase of the company's growth plan," it will control distribution in Sweden, Denmark, Finland, and Norway.
MADISON, Wis. (BRAIN) — Saris Cycling Group, the maker of indoor trainers, bike infrastructure products and bike racks, is re-organizing under Wisconsin's Chapter 128, a voluntary debt consolidation program run through the state's circuit court system
(BRAIN) — Shimano trickled down features from its new Dura-Ace and Ultegra groups to the new semi-wireless 105 group, R7100 Di2. The groupset brings the 12-speed shifting and semi-wireless setup from its top-tier groupsets to a lower price point.
Recumbent manufacturer WizWheelz acquires Coyne Publishing, producer of the Recumbent Cycle-Con show
GRAND RAPIDS, Mich. (BRAIN) — WizWheelz, the parent company of TerraTrike and GreenSpeed, has acquired Coyne Publishing, LLC. Coyne is the producer of the Recumbent Cycle-Con show, which bills itself as North America’s largest gathering of the recumbent cycling industry.
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