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CAMBIAGO, Italy (BRAIN) — Colnago reported sales of 55.7 million euros ($59.6 million) in 2023. The privately held company's financial statements were approved at a shareholders' meeting on Tuesday.
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OSAKA, Japan (BRAIN) — Shimano is reporting that its first quarter sales were 100,557 million yen ($650 million), down 20.2% from the same quarter last year. In the company’s bicycle division, sales were down 22.6% to 76,090 million yen. Company-wide, ordinary income was up 0.9% from the first quarter of last year.
![Norco Sight VLT. Norco Sight VLT.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/my24_sight_vlt_c1_green_main-full_001.jpeg?itok=l4rijTuC)
MONTEREY, Calif. (BRAIN) — Norco Bicycles celebrates 60 years in 2024, and its attendance at the Sea Otter Classic last week was a chance to reacquaint the U.S.
![Bimotal founder Toby Ricco, right. Bimotal founder Toby Ricco, right.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/img_3612.jpg?itok=OtUn9SAI)
MONTEREY, Calif. (BRAIN) — Joe Gales was getting frustrated trying to stay with his e-MTB buddies on his Ibis Mojo pedal bike. A lower back injury kept him off the bike most of last year, making his climb back to keep up even more frustrating.
![Pat Hus, left, and Adrien De Alexandris with the new MXC. Pat Hus, left, and Adrien De Alexandris with the new MXC.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/img_3595.jpg?itok=VcXgQt0u)
MONTEREY, Calif. (BRAIN) — How do you sell e-MTB retailers on GASGAS and Husqvarna, two brands known more for their power bands than pedal power?
Talking face-to-face with dealers in an authentic way. And free burritos and beer doesn't hurt either.
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BROOMFIELD, Colo. (BRAIN) — The homepage of e-commerce sites Colorado Cyclist and Planet Cyclery (which merged in late 2021) each began promoting a "Closing Sale" on their homepages this week.
MONTEREY, Calif. (BRAIN) — Kent Outdoors, which acquired Kona Bikes from its founders in 2022, said Friday that after a strategic review it has decided to sell the bike brand.
![ODI Vanquish grips. ODI Vanquish grips.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/d3o_grip_-_odi_vanquish.png?itok=IqXnO6W9)
MONTEREY, Calif. (BRAIN) — Impact protection company D3O arrived at the Sea Otter Classic ready to tighten its grip on the mountain bike market with an expansion into contact points like grips and anti-vibration footwear.
MONTEREY, Calif. (BRAIN) — Motorex lubricants and cleaning products are on display at the Shimano booth at the Sea Otter Classic this week as Shimano North American begins distributing the line to North American retailers.
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WASHINGTON (BRAIN) — Full Speed Ahead in conjunction with the Consumer Product Safety Commission is recalling its Gossamer Pro AGX+ crankset because the arms can loosen and/or detach from the spindle.
![Kona sent out an email recently inviting fans to visit them at the Sea Otter. Kona sent out an email recently inviting fans to visit them at the Sea Otter.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/screenshot_2024-04-17_at_1.49.43_pm.png?itok=T7IPFrN6)
MONTEREY, Calif. (BRAIN) — Kona Bikes employees were tight-lipped Wednesday after the brand's employees set up a display at the Sea Otter Classic expo (which opens Thursday) and then began breaking it down.
![Photo of Munich's European factory provided by Munich. Photo of Munich's European factory provided by Munich.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/munich_composites_2.jpg?itok=vUwnwN_a)
SPARTANBURG COUNTY, S.C. (BRAIN) — Two supporters of domestic manufacturing are teaming to begin production of carbon fiber rims for the original equipment market.