GoPro revenue down 14% in Q1
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the first quarter declined 14% year-over-year despite the company reducing operating expenses during the period.Revenue for the quarter ending March...
View Article‘OEM rebound’ fuels Giant Group revenue growth
TAICHUNG, Taiwan (BRAIN) — Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year. The company had...
View ArticleCargoMate front rack to launch at Eurobike
OFFENBACH, Germany (BRAIN) — CargoMate, a front rack with a quick, tool-free mount system, will launch at next month's Eurobike show in Frankfurt and has been nominated for a Eurobike Award.The rack...
View ArticleAbra-Cadabra Fabrication, parent of Sanitas Cycles, acquires Waterford and...
DURANGO, Colo. (BRAIN) — Abra-Cadabra Fabrication, parent of the Sanitas Cycles brand, has acquired the Waterford and Gunnar brands from Richard Schwinn. The company will resume production of those...
View ArticleDepartment of Labor recognizes Bicycle Repair Technician apprenticeable
GRANGER, Ind. (BRAIN) — The Department of Labor recently approved retailer Mike Shapiola's request to declare Bicycle Repair Technician apprenticeable.The Office of Apprenticeship letter to Shapiola,...
View ArticleFull Cycle Adds Priority Bicycles to its Bicycle Demo Experience Center
BOULDER, COLORADO. MAY 22, 2025.Full Cycle, Boulder's Bicycle Adventure and Endurance Sports Hub, is now the place to see, ride, and order bikes from Priority Bicycles. Priority's innovative bicycles...
View ArticleSome sneak peeks from Bentonville
BENTONVILLE, Ark. (BRAIN) — Last week BRAIN was in Arkansas for the NBDA Dealer Summit as well as the Bentonville Bike Fest and the conclusion of the inaugural Arkansas Global Cycling Accelerator...
View ArticleCanyon sales inch up in 2024, GBL depreciates value of investment
KOBLENZ, Germany (BRAIN) — Canyon Bicycles’ sales grew by 1 million euros last year, from 791 million euros in 2023, to 792 million euros ($900 million at today’s exchange rate) in 2024, according to...
View ArticleKent tells state it will lay off 64 factory workers next month
MANNING, S.C. (BRAIN) — Kent International will lay off 64 workers at its Bicycle Corporation of America facility here, effective June 25. The company has filed a notice with the state of South...
View ArticleSpecialized expands Morgan Hill footprint, relocates Colorado employees
MORGAN HILL, Calif. (BRAIN) — Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters. Specialized bought a building in...
View Article