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WASHINGTON (BRAIN) — Some Korimefa multi-purpose helmets are being recalled because they do not comply with the Consumer Product Safety Commission's positional stability requirements for bike helmets.
About 60 helmets are affected by the recall. No injuries or incidents have been reported.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue declined 11% year-over-year, but founder and CEO Nicholas Woodman said the $155 million in sales exceeded its first-quarter target.
BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?
Bike shops are going out of business ... but new dealers are still stepping up to take their place.
MADISON, Wis. (BRAIN) — Dick's Sporting Goods will begin carrying Mongoose bikes this month, supplanting GT Bicycles, which ended its agreement with the box-store giant at the end of 2023.
Camping reservations set an event record.
MONTEREY, Calif. (BRAIN) — Let James Ayres, Haro Bike’s director of North American sales, put the spotlight on this season’s Sea Otter Classic: “It literally blew us away. It was borderline flabbergasting,” said Ayres in an interview.
DENVER (BRAIN) — The Colorado General Assembly has passed an expanded Right to Repair bill, but it's unclear if it will apply to e-bikes because motor vehicles are excluded.
OLATHE, Kan. (BRAIN) — Garmin Ltd. first-quarter revenues grew 20% year-over-year — with all segments achieving record numbers during that period — while operating income increased 51%.
Increasing worker pay contributed to losses.
SEATTLE (BRAIN) — REI Co-op reported a net loss of $311 million in 2023 with yearly revenues declining 2.4% compared with the previous year.
WILTON, Conn. (BRAIN) — Cannondale has reduced its workforce by "less than 1%" during a company reorganization from a multi-regional to unified global structure, a company spokesperson told BRAIN.
OGDEN, Utah (BRAIN) — ENVE Composites is returning to its roots as a Utah-owned and managed brand after several years as part of a global sports empire, the company’s general manager says.
WASHOUGAL, Wash. (BRAIN) — Efficient Velo Tools, a long-time supplier of shop-quality workstands and other tools, has launched its first portable stand, called the Field Unit.
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New Product
(BRAIN) — Bafang announced the development of its Gear Variable Transmission (GVT) technology platform and the G500A internal five-speed automatic shift hub that utilizes it for fat-tire e-bikes.
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