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Operating income in the division was up 5%
Shimano celebrates its 100th anniversary next year.

OSAKA, Japan (BRAIN) — Shimano Inc. sales in its bicycle segment were down in the first nine months of 2020, but the company has revised up its full-year earnings and revenue projections due to greater use of bicycles globally during the COVID-19 pandemic. 

Updated: the bikes will be sold D2C and through Harley-Davidson dealers. Pricing TBA.

MILWAUKEE (BRAIN) — Harley-Davidson, which has been eyeing the e-bike market for several years, announced Tuesday that it will create a dedicated e-bike division launching in March 2021.

The Serial 1 Cycle Company is named for the nickname of Harley's first motorcycle model, "Serial Number 1."

Some shops have closed, and others are thinking about it. At first, I wondered, why? Haven’t we been in a bike boom? Then I started talking to the shops that are thriving to see what they are doing differently.

Part 14 of BRAIN's Crystal Ball series.
7mesh's Tyler Jordan.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Part 13 of BRAIN's Crystal Ball series
Nicole and Boyd Johnson.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

FORT LAUDERDALE, Fla. (BRAIN) — Sam Nehme might own Broward Motorsports, but he's a mountain biker at heart.

"I've always been on a Specialized, and I really wanted to have the full line (of bikes) and be a full-on store," Nehme said.

Part 12 of BRAIN's Crystal Ball series.
Matt Nims

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

STOCKHOLM (BRAIN) — Thule Group's third-quarter net sales rebounded with a 44.9% increase year-over-year following two previous quarters of decline.

Part 11 of BRAIN's Crystal Ball series.
Steve Medcroft.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

KOBLENZ, Germany (BRAIN) — KKR & Co. and Carlyle Group are among the private equity firms looking at Canyon Bicycles, according to a Bloomberg report citing sources who asked to remain unidentified.

Part 10 of BRAIN's Crystal Ball series.
Luke Kuschmeader.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Part 9 of BRAIN's Crystal Ball series.
Dave Manchester.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Part 8 of BRAIN's Crystal Ball series.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

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New Product

PROVIDENCE, R.I. (BRAIN) — G-Form unveils its new E-Line knee and elbow guards for the aggressive rider tackling technical terrain.