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SCOTTS VALLEY, Calif. (BRAIN) — About two months after announcing that it planned to reinvest in its bike helmet and accessory brands, Vista Outdoor has layed off 14 people at its Scotts Valley facility, which houses the Bell, Giro and Blackburn headquarters. The layoffs represent about 10% of the work force at the facilty.

According to sources at the company who spoke with BRAIN, the layoffs were across departments at Bell, Giro and Blackburn, including employees in engineering, design, testing and marketing. The layoffs included several long-serving manager in those departments, the sources said…

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If you live east of the Mississippi, your home mountain might be under new ownership…

Big business news hitting in the middle of summer today with the announcement of Vail Resorts acquiring 17 ski resorts previously owned by Peak Resorts coming down the pipe. If we only would have known $264 million would have bought us all that property   …  More

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American Media announced today that it’s acquiring 14 adventure and sports media brands from TEN: Publishing’s Adventure Sports Network. The titles include some of the best-known niche-sports brands in magazine media, including Bike, Powder, Surfer, Canoe & Kayak, several Transworld titles, and Snowboarder.

The deal extends American Media’s run of acquisitions in recent years, which included Us Weekly and Men’s Journal in 2017 and Bauer Media’s celebrity and teen brands in 2018. It will bolster AMI’s Active Lifestyle Group, which will   …  More

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In an age where it feels like everyone is fed up with public transportation and traffic, other first and last mile options like skateboards and scooters are seeing new life.

Take Boosted, Inc. an electric skateboard company founded in 2012 that just raised $60 million in a Series B round led by Khosla Ventures and iNovia Capital. The company plans on using the new flush of money   …  More

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