Trerè Innovation Introduces Titici Bikes to U.S.

Trerè Innovation, a “sustainable technical apparel, footwear design and manufacturing company” based in Asola, Italy, introduced Titici handmade bikes in the U.S. Since its founding in 1961, the Titici factory has manufactured Italian bikes with “time-honored craftsmanship, materials and state-of-the-art innovation.” The company offers road, gravel, mountain, e-mountain, and e-gravel bikes. Titici’s proprietary Plate Absorber […]

Foot Locker’s Debt Ratings Lowered by S&P

S&P Global Ratings downgraded the debt ratings of Foot Locker, Inc. following the sneaker giant’s report of weaker-than-expected second-quarter earnings amid elevated promotional activity and weak consumer demand.

POC Appoints Cycling Industry Vet as New CEO

POC, based in Sweden, has appointed Derek Bouchard-Hall as CEO. Before joining the helmets, eyewear, protection, and apparel manufacturer, Bouchard-Hall was CEO of Assos, president and CEO of USA Cycling and the director of International at Wiggle.

Planet Fitness CEO Departs

Planet Fitness, Inc. said its Board of Directors transitioned to new leadership, resulting in Chris Rondeau’s departure as company CEO. Craig R. Benson, a Board member, was appointed interim CEO, effective immediately.

SRAM Makes Two Key VP Appointments

Chicago-based bicycle parts manufacturer SRAM promoted Lisa Peppel from quality engineering manager to VP of quality, replacing Otis Hayes, who has led the department since 2016. SRAM also promoted Joe Chung to VP of its IT department.