Latest News

Hurley at the 2024 Unbound gravel race.

CHATTANOOGA, Tenn. (BRAIN) — Peter Hurley, the CEO of The American Bicycle Group, passed away from a heart attack while on a morning run Friday. He was 67.

ABC is the parent company of the Quintana Roo, Litespeed and OBED brands.

STOCKHOLM (BRAIN) — Led by growth in the Sports category — which includes bike helmets — MIPS' second-quarter net sales increased 31% year-over-year.

Dennis Weijers (left) is welcomed to the Classified team by CEO Mathias Plovier (right)

ANTWERP, Belgium (BRAIN) — Belgian drivetrain startup Classified has hired Dennis Weijers as its Chief Commercial Officer. Weijers was most recently the marketing director for Shimano Europe. 

Prior to Shimano, Weijers held various leadership roles at TomTom.

Carrier brand acquires bike trailer company Reacha.

STOCKHOLM (BRAIN) — Thule Group's net sales increased 2.3% year-over-year in the second quarter when the carrier brand also reached agreement for new financing with selected Nordic banks and also acquired a small German bike trailer company.

The Rivet complete 1x12 build option.

FORT COLLINS, Colo. (BRAIN) — Caveworks, a Colorado-based startup, is offering an indoor smart bike alternative — a highly adjustable indoor-only bike designed to be used with a direct-drive smart (or dumb) trainer. 

OAKLAND, Calif. (BRAIN) — Longtime industry veteran Howard Sutherland, who authored a seven-edition bike repair book that was a mainstay on bike shop workbenches for decades, died June 19.

He was 75.

COLUMBUS, Ohio (BRAIN) — John Robinson, of Johnny Velo Bikes, responded to his customer and employee needs by developing a fire-resistant e-bike battery case, which he’s had manufactured in China.

AMSTERDAM (BRAIN) — VanMoof is offering a $1,000 discount on a current S5, A5, or future e-bike to customers who paid for an order that wasn't fulfilled when the brand declared bankruptcy a year ago.

HEERENVEEN, Netherlands (BRAIN) — Accell Group recently issued a business update to its shareholders and business partners and included an update on its Babboe cargo bike recall over concerns about the structural integrity of its frames.

ALBANY, N.Y. (BRAIN) — New York Gov. Kathy Hochul on Thursday signed into law a legislative package to enhance lithium-ion battery safety standards that includes recognizing EN and UL testing standards.

VANCOUVER, British Columbia (BRAIN) — Industry veteran Chris Speyer, most recently Chief Merchandising Officer at REI Co-op, is joining the Canadian sports retailer Mountain Equipment Company. He will officially join MEC at the end of the month. 

David Sperstad.

BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: What are your expectations of sales reps? How are relations among retailers, sales representatives, and manufacturers?

EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent company Helen of Troy's net sales fell 12.2% in the first quarter year-over-year. The Home & Outdoor category, which Osprey and Hydro Flask are part of, declined 8.6%.

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New Product

(BRAIN) — Ride Concepts, the Fox Factory-owned shoe brand, has updated its Tallac mountain bike shoe by adding a mid-top version that the brand says is its most technical shoe ever.