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TAIPEI (BRAIN) — Taiwanese bike makers Merida Industry and Ideal Bike are each reporting sales declines in April, following on declines reported for the first three months of the year.
OTTOBRUNN, Germany (BRAIN) — Citing "fundamentally changed market conditions for e‑bike drive systems," Porsche AG announced Friday it is closing its e-bike subsidiary Porsche eBike Performance GmbH.
Giant says the US Customs issue has entered its final stage.
TAICHUNG CITY, Taiwan (BRAIN) — Giant Group is noting that new product launches helped increase its gross margin rate in the first quarter, when the manufacturer recorded a net loss after tax of NT$200 million ($6.37 million).
CEO says new bike brands are disrupting the industry, but creating opportunities for its products.
DULUTH, Ga. (BRAIN) — Sales in Fox Factory’s Speciality Sports Group, which includes is bicycle-product business, were down 8.7% in the first quarter from the same period in 2025.
BOULDER, Colo. (BRAIN) — Giant Group USA signed a lease on a 44,000-square-foot building here that will serve as its American headquarters.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycle Components told its U.S. and Canada retailers Tuesday it is permanently lowering prices on its entire Turbo Levo e-bike lineup, with MSRP reductions from 6% to 27% and wholesale pricing drops of 3% to 27%.
WASHINGTON (BRAIN) — Multi-purpose helmets sold online at Temu are being recalled because they lack federal mandatory safety standards.
WASHINGTON (BRAIN) — About 2,200 Favoto helmets sold on Amazon are being recalled because they lack federal mandatory safety standards.
CHATTANOOGA, Tenn. (BRAIN) — Titanium frame maker Lynskey Performance Products, LLC, filed for Chapter 11 bankruptcy protection on April 30, saying the cashflow challenges after launching an e-commerce business with Shopify contributed to its troubles.
NASHVILLE, Tenn. (BRAIN) — Light Electric Vehicles Manufacturing, part of the Life EV Group that acquired Rad Power Bikes in March, purchased a 100,000-square-foot facility in Algood that will serve as the assembly, distribution, and eventually the manufacturing center for the brand.
SHIREBROOK, England (BRAIN) — Frasers Group acquired financially struggling kids' brand Frog Bikes, which will now be sold through Evans Cycles.
MONTEREY, Calif. (BRAIN) – The numbers are in and it appears that Sea Otter Classic continues to deliver exhibitors, consumers, campers and racers with overall growth pegged at an average of six percent or more depending upon category.
SEATTLE (BRAIN) — REI Co-op announced Monday that net sales for 2025 increased slightly year-over-year, the same day the union representing 11 stores said its workers voted to boycott the chain's biggest sale of the year that begins May 15 after contract negotiations ended last week.
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NORTHVALE, N.J. (BRAIN) — Jamis is now shipping its new 150mm-travel Defcon e-MTB models.
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