News

Posted November 21, 2023

RAPID CITY, S.D. (BRAIN) — Strider Bikes will donate more than $100,000 in balance bikes to benefit 645 kids in local charities here, where the company is based.

Posted November 21, 2023

PITTSBURGH (BRAIN) — Dick's Sporting Goods' third-quarter net sales increased 2.8% year-over-year to a record $3.04 billion.

Posted November 20, 2023

WASHINGTON, D.C. (BRAIN) — REI Co-op workers with the Retail, Wholesale and Department Store Union filed 80 nationwide unfair labor practice complaints against the outdoor retailer for bad-faith bargaining practices.

Posted November 17, 2023

FRUITA, Colo. (BRAIN) — Canfield Bikes will distribute service parts for Guerrilla Gravity bikes, which ceased operations in September.

Posted November 16, 2023

NEW YORK (BRAIN) — E-bike reseller Upway announced a $30 million Series B investment on Thursday, doubling the brand's total funding to $60 million.

Posted November 15, 2023
Trek briefly sold a Lance Armstrong lunchbox, but never registered its trademark for use on lunchboxes.

WASHINGTON (BRAIN) — The U.S. Court of Appeals for the Federal Circuit has upheld the registration of the Ranger Trek trademark, which Trek Bicycle had opposed.

Posted November 15, 2023

GARDEN GROVE, Calif. (BRAIN) — After 45 years in business, Pace Sportswear closed at the end of last month, the result of declining sales following the pandemic.

Posted November 15, 2023

DULUTH, Ga. (BRAIN) — Fox Factory announced Wednesday morning that it had completed its acquisition of Marucci Sports, a baseball/softwall equipment brand that also owns the Lizard Skins and Oury grip and handlebar tape brands.

Posted November 15, 2023

(VELO) — GCN+ — the live streaming service as part of the Global Cycling Network — is closing effective Dec. 19.

Posted November 14, 2023
Brad Burton.

BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: Which point-of-sale system does your shop use, what are the costs, and how satisfied are you with it?

Posted November 13, 2023
Chris Nolte, left, and Justin Kosmides.

DETROIT (BRAIN) — The co-founders of Propel Bikes and Vela Bikes announced Monday the creation of Bloom, a vertical integration partner for light electric vehicles, with its first manufacturing location in the Motor City.

Posted November 13, 2023

TAIPEI, Taiwan (BRAIN) — Giant Group's sales in the first three quarters of the year were NT$62.1 billion ($1.97 billion), a decrease of 12.4% from the same period last year. The manufacturer's net income after tax was NT$3.12 billion, a 45% decrease year-over-year.

Posted November 13, 2023

The Quadrumvirate members may remain constant, but there's plenty of change in the rest of the top ten over the last 13 years.

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