press-release

René Takens, CEO of Accell Group, steps down

HEERENVEEN, Netherlands (BRAIN) – Accell Group N.V.

Felt president: Rossignol and Felt are ‘a perfect match’

IRVINE, Calif. (BRAIN) — The coupling of a 110-year-old French winter sports brand and a teen-aged American bicycle company was a perfect match, said Bill Duehring, president of Felt Bicycle. Duehring and partners Jim Felt and Michael Müllmann announced Friday that they had agreed to sell Felt Bicycle to Rossignol Group for an undisclosed amount

New pro road stage race planned for Colorado in August

DENVER (BRAIN) — A Colorado company is looking to replace the short-lived USA Pro Challenge stage race with a new race in the state this year. The Colorado Classic will be held August 10-13 and hold a UCI 2HC ranking, the same as the Pro Challenge, which has not been held since 2015

New pro road stage race planned for Colorado in August

DENVER (BRAIN) — A Colorado company is looking to replace the short-lived USA Pro Challenge stage race with a new race in the state this year. The Colorado Classic will be held August 10-13 and hold a UCI 2HC ranking, the same as the Pro Challenge, which has not been held since 2015

Pon Holdings acquires Faraday Bicycles

Dutch conglomerate expands e-bike brand mix.

Giant’s global sales continue to slump due to weak markets in US and China

TAICHUNG, Taiwan (BRAIN) — The global slump in bicycle sales, especially in the U.S. and China, has taken a toll on Giant’s first three quarters of 2016 with overall revenue down 6.5 percent. Giant posted revenue of NT $44.2 billion ($1.38 billion) for the first three quarters compared to the same period last year of NT $47.3 billion.

Box Components break-in hampers OE sales effort

ANAHEIM, Calif. (BRAIN) — Thieves made off with Box Components products worth about $100,000 at retail in an overnight break-in at the company’s headquarters here Wednesday. The theft of some pre-production mountain bike drivetrain components is causing the most headaches, said Gregorio de Haro, the company’s director of sales

Fox plans to recall some Float X2 shocks; tells suppliers and retailers to stop sales now

SCOTTS VALLEY, Calif.

New LeMond company will offer carbon fiber to various industries

New company is working with Oak Ridge National Laboratory to offer low-cost, high-volume carbon fiber to transportation, energy and infrastructure industries. OAK RIDGE, Tenn. (BRAIN) — Tour de France hero Greg LeMond is involved with a new company that is working with Oak Ridge National Laboratory to offer low-cost carbon fiber to several industries, including the transportation and renewable energy markets.

Giant’s first-half revenue dips as uncertainty roils global market

TAICHUNG, Taiwan (BRAIN) — Continued turmoil in the global bicycle market has pummeled Giant Manufacturing’s first-half financial results, with the world’s leading maker of bicycles posting a 3.7 percent drop in revenue compared with a year earlier Giant also forecasted continued uncertainty in the marketplace as the industry heads toward the end of the year. For Giant, the numbers are mixed