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LOS ANGELES (BRAIN) — An announcement by Pacific Glory Worldwide last week has raised questions about how Fuji, SE and Tuesday bikes will be distributed in the U.S. next year.
WASHINGTON (BRAIN) — Pacific Cycle is recalling about 650 Schwinn Ovation bike child carriers because the restraint buckles can loosen.
WASHINGTON (BRAIN) — Pedego is recalling about 400 electric Fat Tire Trikes because the aluminum frame can develop a hairline fracture near a weld, causing the tubes to separate and posing fall and laceration hazards.
(BRAIN) — DT Swiss issued an update Thursday on its carbon wheelset recall from five months ago, urging customers with affected wheelsets to return them for testing
(BRAIN) — The assets of Electric Bicycle Co., which filed for Chapter 7 bankruptcy in October, are being sold this winter. They include the brand and other intellectual property, including a website that allows consumers to order custom e-bikes. The sale also includes inventory and manufacturing equipment.
SEATTLE (BRAIN) — Rad Power Bikes has a new CEO as it trims its executive roster during the Chapter 11 bankruptcy proceedings, according to a brand spokesperson.
UPDATED with Rad Power Bikes comment.
SEATTLE (BRAIN) — Rad Power Bikes filed for Chapter 11 bankruptcy protection Monday in advance of completing a sale of the company and less than a month after it said it could not afford a recall on some of its older lithium-ion batteries that the Consumer Product Safety Commission deemed unsafe.
VICENZA, Italy (BRAIN) — Former Crankbrothers CEO Gaspare Licata leads a group of private investors that acquired a majority interest in Extreme Racing Shox (EXT), a manufacturer of bike and motorsports suspension systems.
FRANKFURT (BRAIN) — Phillipp Ferger will replace Stefan Reisinger as head of Eurobike on Jan. 1 as the trade show reorganizes its leadership in the wake of two German trade groups withholding support of the event.
As dealer margins continue to shrink, so do their inventory levels.
WASHINGTON (BRAIN) — U.S bike imports were down 24% in units and 16% in dollar value through September this year, according to new data released this week.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission is warning consumers to stop using Duyue2 adult bike helmets because they violate mandatory standards. This warning applies to about 100 helmets sold online and possibly other third-party sellers.
STOCKHOLM (BRAIN) — MIPS has acquired all shares of body and head impact protection brand Koroyd for 40 million euros ($46.9 million). Based in Monaco and founded in 2010, Koroyd will continue to operate separately under its current leadership team, said Max Strandwitz, MIPS president and CEO.
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VAIL, Colo. (BRAIN) — KOPILOT.ID has launched an NFC-enabled emergency and medical ID system designed for outdoor athletes and explorers.
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