New York investment group buys Ibex

Terry Precision Bicycles owner Liz Robert and partners were outbid for the assets of the Vermont-based wool clothing brand. BURLINGTON, Vt. (BRAIN) — A New York City-based investment group, Flour Fund, has purchased the assets of the wool clothing brand Ibex.

Inspired by Oregon, Colorado lawmaker floats state bike tax idea

DENVER (BRAIN) — A Colorado lawmaker is taking inspiration from Oregon in floating the idea of a tax on bicycles. State Sen. Ray Scott made a post on Facebook Wednesday, linking to a story on the Washington Times website about Oregon’s tax .  “We will be proposing something similar, they use the roads also,” wrote Scott, a Republican from Grand Junction. Scott is the assistant majority leader in the state Senate and serves on the Senate transportation committee.  Scott later told that he was serious about the idea and was soliciting feedback about it.  “One way to get feedback is to put it out there and see where it goes,” Ray told the paper.  Oregon’s $15 tax will apply to new bikes selling for $200 or more and with wheels 26-inch or larger .

BRG Sports fined $7k after death at Illinois factory

Company also agrees to install a railing following 30-foot fall. RANTOUL, Ill. (BRAIN) — The?U.S

A year after shooting, Vancouver retailer to be honored

VANCOUVER, British Columbia?(BRAIN) — A year after a near-fatal shooting near one of this bike shops, long-time Vancouver retailer Paul Dragan is about “60 percent” recovered, he told the Vancouver Observer in an article posted Thursday .? Dragan, who owns the Reckless Bike Stores chain, will be honored next week as the?2015 Retail Ambassador of the Year by the Retail Council of Canada. According to news reports at the time , Dragan walked across the street from one of his stores to get a cup of coffee when he was shot.

More brick-and-mortar locations planned for Sierra Trading Post

FORT COLLINS, Colo. (BRAIN) — TJX Companies Inc., which bought outdoor discounter Sierra Trading Post in 2012, is planning to expand STP’s brick and mortar business.  STP operates a website and catalog business in addition to four “outlet” retail stores.