Industry News
WASHINGTON (BRAIN) — Trek Bicycle Corporation is one the thousands of U.S. companies, including major corporations like Costco, Goodyear Tire & Rubber Company, and Toyota, that are suing the U.S. government to get in line to recover tariffs paid under the International Emergency Economic Powers Act, which the Supreme Court ruled illegal on Friday.
BOULDER, Colo. (BRAIN) — Soon after Friday's decision by the Supreme Court ruling the Trump administration's use of the IEEPA law to impose tariffs was illegal, industry group PeopleForBikes urged industry member to work to avert another tariff threat: an aluminum tariff proposed for all bikes and e-bikes last year.
BOULDER, Colo. (BRAIN) — Industry members praised the Supreme Court’s decision Friday that ruled illegal President Donald Trump’s use of the International Emergency Economic Powers Act to impose tariffs. But they aren't holding their breath for the benefits to trickle down to the marketplace.
BLOOMINGTON, Minn. (BRAIN) — QBP plans to change how it utilizes its four distribution centers, acknowledging retailers using the Colorado facility are at a disadvantage.
HEERENVEEN, Netherlands (BRAIN) — After leading a group that purchased Accell Group in 2022 for approximately $1.77 billion, US-based investment giant KKR has stepped away from the troubled Dutch bicycle conglomerate, as a new ownership group led by its lenders takes over.
BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: How does your shop handle e-bike service requests?
OLATHE, Kan. (BRAIN) — Garmin reported record consolidated revenue for 2025, a 15% increase over the previous year, with all segments posting full-year all-time gains. For the fourth quarter, Garmin's revenue increased 17%.
TAICHUNG CITY, Taiwan (BRAIN) — Giant Group founder King Liu died Monday at the age of 93. Liu founded Giant in Taiwan in 1972 and co-founded Giant Manufacturing Co., Ltd., and eight years later built it into the largest bike manufacturer in the country and second largest in Asia.
STOCKHOLM (BRAIN) — MIPS net sales increased 2% year-over-year in the fourth quarter and 10% for the year despite tariff concerns in the U.S.
OSAKA, Japan (BRAIN) — As the global industry adjusted to market inventories and other realities, regional results varied widely for Shimano last year. The Japanese component giant’s full-year 2025 sales in its bike division totaled 355 billion yen ($2.3 billion), up 2.7% from 2024.
STOCKHOLM (BRAIN) — Thule Group net sales increased a little more than 9% year-over-year both in the fourth quarter and in 2025 helped by product updates in the company's Sports & Cargo Carriers category.
LONDON (BRAIN) — Head Group has acquired the London-based cycling apparel brand Le Col from Puma Growth Partners, which has invested at least 14.4 million pounds ($19.5 million at today's exchange rate) in the brand since 2018.
VENTURA, Calif. (BRAIN) — California distributor Zeitbike will distribute Nukeproof mountain bikes as the legacy brand returns to the market under new ownership.
BENTONVILLE, Ark. (BRAIN) — Twenty Arkansas outdoor sports companies, including several bike shops and bike manufacturers, have released a statement in support of the residents of Minneapolis and others “who are peacefully demanding the right to live without fear.”
VENICE, Italy (BRAIN) — An Italian court has ordered Giro's European distributor, Spain-based Adventure Sports Group Europe S.L., to stop making certain marketing claims about its waterproof cycling gloves after a complaint by a company that has a patent on those features.
BLOOMINGTON, Minn. (BRAIN) — QBP President Rich Tauer told industry members who had been planning to attend Frostbike later this month that the distributor has decided to cancel the event.
TAICHUNG, Taiwan (BRAIN) — Giant Group says it has enacted the third phase of its response to the U.S. Customs and Border Protection order barring U.S. imports from its Taiwan factory, over alleged forced labor.
FRANKFURT (BRAIN) — Friday was something of a good news, bad news day for Eurobike.
CONCORD, N.H. (BRAIN) — After a state lawmaker was inundated with comments against his legislation that would create a $50 bicycle user fee, he said he expects to amend or drop the bill, which he conceded has little chance of passage as written.
SEATTLE (BRAIN) — Amazon and UL are suing five e-bike and e-scooter companies, alleging they improperly labeled products with UL trademarks.
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