Bicycle Retailer & Industry News
Compass Diversified sales and income increase in Q3. By Steve Frothingham Posted in Industry News 1 week 4 hours ago. (BRAIN) — Compass Diversified saw a net sales increase of 11.8% in its third quarter and recorded net income in the quarter of $31.5 million — compared to a net loss of $3.8 million in the same quarter last year.
The Pro’s Closet will close in October
Published September 26, 2024. by Dean Yobbi. LOUISVILLE, Colo. (BRAIN) — The Pro’s Closet — which started out of its founder’s VW bus, evolved into an eBay store, and became a used bike and component e-commerce giant — will close in October after 18 years. TPC issued a short news release Thursday announcing the decision.
News | Bicycle Retailer and Industry News
Oct 31, 2024 — Rapha sales fell 7% in 2023. Posted October 23, 2024. LONDON (BRAIN) — Rapha Racing LTD’s total revenues totaled 110 million pounds ($139.7 million at January’s exchange rate) in the 12 months that ended Jan. 28, 2024, down 7% percent from the preceding 12-month period and down from 138 million pounds the year before that.
We visit Decathlon's first US 'superstore' - Bicycle Retailer and ...
Apr 24, 2019 — Decathlon has adopted its business model to work in 48 wildly different countries on five continents in some 1,600 stores — but is just starting in the U.S. With global bike sales estimated at $2.2 billion in 2018, it is arguably the world's largest bicycle retailer on a revenue-basis, moving some 4.5 million bikes annually, and outfitting more cyclists in its private-label
Walmart introduces Ozark Trail brand of mountain bikes
Apr 3, 2023 — Walmart has used the Ozark Trail brand on outdoor gear for decades, but this is the first time it's been used on bikes. The line includes 24-, 27.5-, and 29-inch wheel size bikes available in-store and online through Walmart.com. The most expensive model is $398 for the 29er, and the 27.5 model is $298. The 24-inch youth model is $198.
ASE, owner of Performance Bicycle and ASI, files for Chapter 11
Nov 16, 2018 — CHAPEL HILL, N.C. (BRAIN) — Advanced Sport Enterprises, the 2-year-old company that is parent to the Performance Bicycle retail chain, Bike Nashbar and distributor ASI, filed for Chapter 11 bankruptcy protection Friday morning. The move is likely to lead to the closure of at least 40 Performance stores in the coming months; the chain currently has 104 locations.
2023 Bicycle industry events calendar
Dec 1, 2022 — 13-15 NYC Bike Expo, New York City. 19-21 Electrify Expo, Long Beach, Calif. 19 National Bike to Work Day. 21 GFNY World Championship, New York City. 21-23 NSGA Management Conference, Nashville. 25-28 Bentonville Bike Festival, Ark. 26-29 Mad Gravel Racing and Cycling Festival Elizabeth, Colo. 28 BWR Vancouver.
The Pro's Closet receives $40M in funding
May 26, 2021 — Continued rise in Fitness sales helps Garmin achieve 24% revenue growth in Q3. BOULDER, Colo. (BRAIN) — The Pro's Closet announced Wednesday it raised an additional $40 million in Series B funding that will be used to grow its workforce, develop new technological customer solutions, and possibly expand into new regions.
Upcoming Events | Bicycle Retailer and Industry News
5 days ago — CABDA East. Date: Wednesday, January 15, 2025 to Thursday, January 16, 2025. Relaunched in 2015, CABDA has grown from a small, single event outside Chicago, to become North America's preeminent series of B2B Events in the Bicycle Industry. Join us, and together we'll help build a better, stronger bike industry. Event Location:
Announcements | Bicycle Retailer and Industry News
6 days ago — Posted October 28, 2024. Quebec, QC – UNIVELO, a newly established Canadian distribution company, is excited to announce its partnership with AIMA Technology Group, a leading innovator in the electric vehicle industry, known for designing and manufacturing high-performance electric motorcycles, e-bikes, and other micro-vehicles.