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VENICE, Calif. (BRAIN) — Commuter bike brand Linus emailed retailers this week of its plans to close. Founded here in 2007, Linus manufactures urban/city bikes, e-bikes, and kids' bikes.
When asked if there's light at the end of the tunnel, Mark Lynskey said, "It may be a pin flashlight at the end of the tunnel right now, but it is a light. There's a lot to be done."
Speaking for the first time publicly in September since the company filed for bankruptcy on April 30, Mark Lynskey, detailed a series of personal tragedies that in part led to the financial downfall.
Updates with other groups appearing at the public hearing.
BETHESDA, Md. (BRAIN) — At a Consumer Product Safety Commission hearing last month, PeopleForBikes recommended ways to separate low-speed e-bikes and high-speed e-motos that have created public confusion and a law in New Jersey that affected retailers there.
DULUTH, Ga. (BRAIN) — Following the sale of its Marucci business and the resignation of longtime CEO Mike Dennison, Fox Factory reported its sales were down 3.7% through the first three fiscal quarters of the year and 10.1% in the third quarter.
LOS ANGELES (BRAIN) — Hollywood Racks has acquired OttoLock. The acquisition adds a security line to Hollywood Racks' carrying and accessories lineup.
WASHINGTON (BRAIN) — Sanven Technology is recalling about 1,950 of its Vevor BMX bikes because they lack a chainguard and don't comply with labeling requirements, violating mandatory safety regulations.
No incidents nor injuries have been reported.
BERGAMO, Italy (BRAIN) — Bianchi on Thursday said it is continuing to operate and support its dealers and consumers while refocusing on its core strengths of racing, gravel and performance bikes. It said its first products resulting from the re-focus will be introduced early next year.
EL PASO, Texas (BRAIN) — Osprey and Hydro Flask’s parent company, Helen of Troy, announced Wednesday that its board had unanimously rejected Empower Brands Holdings Group's unsolicited purchase offer
NEW YORK (BRAIN) — Direct-to-consumer brand Priority Bicycles started a retailer program that has 22 shops already with more in the approval process.
ASHEVILLE, N.C. (BRAIN) — Walking around the first Crafted Bicycle & Gear Show here during the last weekend of September offered plenty of eye candy for the cycling aficionado and industry observer among the 40-plus exhibitor booths.
ASHEVILLE, N.C. (BRAIN) — Charles Thompson has about 4,200 followers on Instagram (@fine_bikes), where his steel bike brand Fine Bikes has developed a loyal following.
BERGAMO, Italy (BRAIN) — The storied Italian cycling brand Bianchi has entered a restructuring mode under protection of the Court of Bergamo.
MADISON, Wis. (BRAIN) — Harry Rayfield Spehar, Trek's first product manager and a major contributor to the development of its bicycles and company culture, died on Oct. 13 at age 80 as a consequence of an aphasic stroke in June 2024.
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(BRAIN) — Park Tool's new FSK-1, Fork Seal Kit, is a complete kit for fast, easy, and safe removal and installation of suspension fork dust wipers.
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