News

Posted September 23, 2020
Compass, the former owner of Fox Factory and CamelBak, is paying $454 million for BOA.
Compass Diversified will acquire the BOA Fit System.

DENVER (BRAIN) — Compass Diversified announced Tuesday that it will acquire BOA Technology Inc., creators of the BOA Fit System for shoes and other products. 

Posted September 22, 2020
The LeMond Dutch e-bike.

KNOXVILLE, Tenn. (BRAIN) — After a long dormancy, LeMond Bicycles is back, releasing two new bikes Tuesday.

Posted September 21, 2020
Chandler in front of the new location.

BOULDER, Colo. (BRAIN) — Full Cycle is the latest retailer to announce a move off of Boulder's Pearl Street, weeks after Vecchio's Bicicletteria announced a move.

Posted September 21, 2020
Robert W. Gore was 83.

NEWARK, Del. (BRAIN) — Robert W. Gore, whose work with developing performance fabric advancements led to the creation of GORE-TEX Outerwear, died Sept. 17 at home after a long illness.

He was 83.

Posted September 18, 2020
Cycling apparel company opens visitor center to showcase Old Fort's outdoor potential

OLD FORT, N.C. (BRAIN) — If the town needed another sign that the Old Fort Ride House was quickly taking shape, it got one — literally — in late July when a wooden Pisgah National Forest sign arrived on loan from the Forest Service during an employee training day.

Posted September 17, 2020

GIRONA, Spain (BRAIN) —The Sea Otter Europe cycling festival has been canceled, but organizers said that some of the event's races will be held under stringent COVID-19 measures. The event was to have been held Sept. 25-27.

Posted September 17, 2020
Jeff McGuane

IRVINE, Calif. (BRAIN) — Jeff McGuane’s credentials fit Fox Racing like a pair of its gloves. From president of Cycling Sports Group to U.S. general manager at Specialized Bicycles, McGuane’s 26-year industry career seems perfectly tailored for someone wanting to restyle the iconic apparel brand upon his arrival as CEO last year.

Posted September 16, 2020

LONG BEACH, Calif. (BRAIN) — Zwift has raised a $450 million minority investment from a group led by the investment firm KKR, bringing the virtual cycling brand to a valuation of over $1 billion.

Posted September 16, 2020
 VanMoof raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital.

AMSTERDAM (BRAIN) — E-bike manufacturer VanMoof announced Wednesday it raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital as it continues to expand its market share in North America, Europe, and Japan.

Posted September 16, 2020
Potter in the old store.

BOULDER, Colo. (BRAIN) — Vecchio's Bicicletteria, known globally as a picturesque retro-styled roadie hangout, is getting ready to move from the location on Boulder’s Pearl Street it has occupied since its founding in 2000.

Posted September 15, 2020
Company seeks to recapitalize as investor TSG Partners to exit.
Roman Arnold (left) with Armin Landgraf.

KOBLENZ, Germany (BRAIN) — Canyon Bicycles announced news on several fronts Tuesday.

Posted September 15, 2020

The pandemic that has crippled the supply chain has also shown the importance of great retail staff.

Posted September 15, 2020

MONTEREY, Calif. (BRAIN) — Sea Otter Play, a virtual event for consumers, opens Thursday with more than 100 participating companies representing 250 brands.

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