Industry News
LÉVIS, Quebec (BRAIN) — HLC is making a CA$250,000 ($193,000) investment in its Wheel Shop, which the distributor said will help better supply North American dealers during a period of supply-chain challenges.
MONTEREY, Calif. (BRAIN) — Blaupunkt, which launched its new line of e-bikes at the Sea Otter Classic, is a name known to fans of German-made cars, including Volkswagen and BMW.
BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How does this year to date compare to 2021 in terms of category sales and profitability? How do you expect sales and profits to evolve throughout this year?
BRAIN's parent company, Outside Inc., this week launched Find Your Good, a new initiative that enables the company’s audience of 80 million outdoor enthusiasts to donate directly to 14 diverse nonprofit partners, including the cycling organizations Grow Cycling and The Bahati Foundation.
HEERENVEEN, Netherlands (BRAIN) — A consortium planning to acquire Accell Group and take it private has said it will move forward with the offer despite not reaching a threshold of 80% of shares committed to the buyout.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions will debut The Outdoor Adventure X show next June at a Utah ski resort. The event will include outdoor product demos for cycling, camping, climbing, hiking, watersports and more.
BERLIN (BRAIN) — E-commerce retailer Signa Sports United announced a collaboration with third-party logistics company Rhenus Warehousing Solutions and the opening of a 215,278-square-foot parts warehouse.
STUTTGART (BRAIN) — Porsche announced on Wednesday that it acquired the remaining 80% of shares in German e-bike drive system Fazua GmbH.
HEERENVEEN, Netherlands (BRAIN) — A consortium's bid for Accell Group has failed, at least temporarily.
CUTLER BAY, Fla. (BRAIN) — It hasn't quite been business as usual for Andante Bike Shop, operating under tents in the back of the building that was destroyed by fire in early April.
WESTPORT, Conn. (BRAIN) — Compass Diversified, which owns BOA and Lizard Skins, has agreed to buy PrimaLoft, a Latham, N.Y.-based textile company. PrimaLoft makes synthetic insulation primarily used in sports apparel.
(BRAIN) — Tour de France hero Greg LeMond announced that he has been diagnosed with Chronic Myelogenous Leukemia.
The 60-year-old said the form of leukemia is treatable and not life-threatening. He will begin treatment later this week in the U.S.
WASHINGTON (BRAIN) — The U.S. imported $565 million worth of bikes in the first quarter this year, up 52% over the first quarter last year and capping three quarters' of massive import figures.
WASHINGTON (BRAIN) — A District of Columbia federal judge ruled that the National Park Service can continue to allow e-bike access on non-motorized trails but needs to conduct its own environmental review followed by a public comment period to gauge the impact they have on park resources and other users.
BERLIN (BRAIN) — E-commerce retailer Signa Sports United reported its first quarterly results that included numbers from WiggleCRC and Tennis Express, which it acquired in December. Quarterly sales were up 48% to 269 million euros ($288 million).
(BRAIN) — Canadian Katy Bond has been appointed CEO of Rocky Mountain. Bond joined Rocky Mountain in 2019 as general manager, and the privately held Canadian mountain bike manufacturer says that she has delivered record growth in that role.
OAKLAND, Calif. (BRAIN) — Enduro Bearings unveiled a direct-to-consumer website Wednesday with its complete line of products, which exceeds 1,200 SKUs.
OSAKA, Japan (BRAIN) — Shimano now services third-party e-bike batteries used in its STEPS drive units for North American retailers, unifying the service contact and providing a faster turnaround, the company said. Before the change, retailers had to work with the bike or battery manufacturer.
DANA POINT, Calif. (BRAIN) — New frontiers of safety are opening up in the technology world. Cars sensing bikes, bikes sensing cars, once little more than a pipe dream, is rapidly becoming a reality. One soon-to-be launched solution is Spoke, previewed at the Bicycle Leadership Conference.
MUNICH (BRAIN) — Alpha Bikes, which has operated a Specialized concept store here since 2008, is switching to Giant bikes at the store in July. The retailer said Specialized's new consumer-direct strategy led to the change.
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