press-release

Colorado authorities launch homicide investigation after missing shop employee is found dead

Longtime friend at Interbike says Timothy Watkins was well-known and loved in the local bike community. LAS VEGAS (BRAIN) — The Sheriff’s Office in El Paso County, Colorado, has begun a homicide investigation after a longtime mountain bike trail advocate and retail mechanic was found dead Sunday. Timothy Watkins, 60, a mechanic at Old Town Bike Shop in Colorado Springs, had been missing since Sept

PeopleForBikes arranges for Congress members to visit bike industry

BOULDER, Colo. (BRAIN) — In August during the Congressional recess, PeopleForBikes arranged for 19 meetings in 11 states between retailers and other members of the bike industry and Congress members and their staff.  The visits were part of the organization’s summer campaign designed to showcase the economic impact of bike businesses.

Vista Outdoor’s sales down 6.5% organically in its outdoor products division

FARMINGTON, Utah (BRAIN) — Vista Outdoor’s sales in its Outdoor Products division — which includes Bell, Giro, CamelBak and Bollé sales — were down 6.5 percent organically in the first quarter. Only the addition of sales from newly acquired Camp Chef drove the division’s non-organic sales up to $290 million in the quarter, 0.9 percent up from the same quarter last year. The company said the organic sales decline was driven by sales decreases across most of its brands

Vista Outdoor’s sales down 6.5% organically in its outdoor products division

FARMINGTON, Utah (BRAIN) — Vista Outdoor’s sales in its Outdoor Products division — which includes Bell, Giro, CamelBak and Bollé sales — were down 6.5 percent organically in the first quarter.

Accell Group: Sales in North America down in first half

HEERENVEEN, the Netherlands (BRAIN) — Accell Group reported that sales through the specialty channel in North America during the first half of the year were down. It also saw sales impacted by the closure of multi-sport retail chains. Sales through other channels, including online, are growing but it wasn’t enough to offset the decline in sales to multi-sport retail chains, the company said

Renowned Belgian brands Ridley, Merckx merge

PAAL-BERINGEN, Belgium (BRAIN) — Race Productions NV, parent company of Ridley, is taking over Belgian brand Eddy Merckx. In a press release, Bart van Muylder, CEO of Diepensteyn NV and owner of Eddy Merckx Cycles, said that the company’s limited scale has had a negative impact on its purchase and sales prices. “As a small player in the industry, we simply do not carry enough weight internationally to attract the strongest distribution partners,” he said

Transportation officials hold webinar on ‘near miss’ bike incidents

NEW YORK CITY (BRAIN) — The  National Association of City Transportation Officials will hold a free webinar Monday on how close calls and aggressive drivers affect bike use. ” Fear of being hit and seriously injured by a car is a major deterrent for people considering whether to bike on city streets,” a NACTO press release said.

Nomination period now open for Interbike’s Retailer Innovation awards

SAN JUAN CAPISTRANO, Calif.

Amer’s cycling sales fall 5% in first quarter

HELSINKI (BRAIN) — Amer Sports Corporation is reporting that its cycling sales — comprising business by its Mavic and Enve brands — were down 5 percent in the January through March period, compared to the same period last year.

Pon Holdings makes offer to buy Accell Group

AMSTERDAM (BRAIN) — Accell Group announced Tuesday that it had received a takeover offer from Pon Holdings for 845 million euros ($895 million). Accell owns Raleigh, Diamondback, Haibike, Ghost, Winora, Lapierre and other brands. Pon owns Cervélo, Focus, Santa Cruz, Batavus, Sparta, Koga  and Gazelle, the largest Dutch bike brand