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TALLAHASSEE, Fla. (BRAIN) — The North American Bikeshare Association has expelled Ofo US Limited from its membership. The company is the U.S. operation of China's Ofo, one of the world's largest dockless bike share companies.

Hawley-Lambert will distribute Promovec-made e-bikes in North America under the EVO brand.
The EVO Bushwick is available in a step-thru and standard frame.

LEVIS, Québec and LEXINGTON, S.C. (BRAIN) — Hawley-Lambert has reach an agreement with Promovec, a Danish e-bike brand, to distribute Promovec-made e-bikes in the U.S.

MONTRÉAL (BRAIN) — The liquidation of Toys "R" Us has forced Dorel Industries to issue a new audited financial report, now showing a charge of $3.8 million due to the toy store chain's closure. $3.1 million of the charge is from Dorel Sports, which includes bicycle sales.

WASHINTON, D.C. (BRAIN) — President Trump announced Thursday he was beginning to take steps toward imposing tariffs on up to $60 billion of Chinese imports. The move is motivated by the administration's belief that China has a history of forcing U.S.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — The third episode of Interbike's podcast is looking at recent growth in the BMX category.

ST. LAURENT, Quebec (BRAIN) — Outdoor Gear Canada's BMX division, OGCBMX, has been appointed the exclusive Canadian distributor of Cinema. OGCBMX has received inventory and is ready to start delivering to dealers immediately.

MOUNT PROSPECT, Ill. (BRAIN) — Early figures from the 2018 edition of the National Sporting Goods Association's Sports Participation in the U.S. report shows participation in the study's "Wheel Sports" category, which includes cycling, remains flat, up just 0.1 percent over the prior year.

TAMPA, Fla. (BRAIN) — Ironman has developed a new brand that it says extends the Ironman brand to a wider audience: Ironsport. The company, now owned by Wanda Sports Holdings, plans to license Ironsport to "best-in-class partners from apparel to healthy food alternatives and beyond."

Look, Volvo, SRAM and Thule are title sponsors of Butch Balzano's 2018 race support program.

REHOBOTH, Mass. (BRAIN) — LOOK Cycle is a new co-title sponsor of NRS & Events, an event support program that provide technical support at races and other events, as well as custom events at Look's retailers. The program is run by longtime race support organizer Butch Balzano.

ASHEVILLE, N.C. (BRAIN) — Retailer Kent Cranford has announced plans to open a third Motion Makers Bicycle Shop later this spring. The store will be located in Cherokee, a small town about one hour west of Asheville that serves as a gateway to Great Smoky Mountains National Park.

This anonymous guest editorial first appeared in PBMA Mechanics Minute, a weekly newsletter from the Professional Bicycle Mechanics Association.

PETALUMA, Calif. (BRAIN) — The clothing brand Kitsbow has announced its inaugural Trail Advocate Program and its first Trail Advocate of the Year recipients: Joe Lopresti (Homer Glen, Illinois), Tim Kugler (Gunnison, Colorado) and Erik Mickelson (Northvale, New Jersey).

New Product

"The Comeback: Greg LeMond, the True King of American Cycling, and a Legendary Tour de France," will be published in hardcover in June. 

Industry Stock Chart

Accell Group 16.98-0.3
Amer Sports 15.24-0.3
Dorel Industries 30.57-6.3
Emerald Expositions 19.40-3.1
Fox Factory 35.50-2.7
Giant Manufacturing 159.50-2.7
Merida Industries 130.00-2.2
Shimano 142.750.00
Sports Direct 368.80-0.1
Sun Race Sturmey-Archer Inc. 80.70-2.7
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