BRAIN Staff

All articles by BRAIN Staff

QBP takes over US distribution of Sidi shoes

July 19, 2023

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products has been named the new exclusive distributor of Sidi cycling shoes and accessories starting in October.

Posted in Industry News

QBP and TPC make staff reductions

July 13, 2023
Updated with TPC news.

BLOOMINGTON, Minn. (BRAIN) — Distributor Quality Bicycle Products and retailer The Pro's Closet each announced workforce reductions this week. Each cited the industry's inventory challenges as a cause.

Posted in Industry News

VanMoof files for insolvency in the Netherlands

July 13, 2023
VanMoof's Seattle store showroom.

AMSTERDAM (BRAIN) — Dutch e-bike brand VanMoof has been granted temporary court protection from creditors.

Posted in International

$25 million emergency federal grant will let New York City set up additional charging stations

June 26, 2023
Send. Schumer and Gillibrand joined Mayor Eric Adams. Photo Credit: Benny Polatseck/Mayoral Photography Office

NEW YORK CITY (BRAIN) — An emergency $25 million grant from the U.S. Department of Transportation will enable the city to set up outdoor e-mobility battery charging and storage stations at 53 city Housing Authority developments.

Posted in Industry News

Waterford Precision Cycles plans farewell bike ride and auction

June 19, 2023

WATERFORD, Wis. (BRAIN) — Waterford Precision Cycles is planning a farewell ride next weekend and will be auctioning production equipment and other tools online starting June 24.

Posted in Industry News

Bell notifies California of 57 employees laid off in Scotts Valley

June 10, 2023

SCOTTS VALLEY, Calif. (BRAIN) — Vista Outdoor's Bell Sports division has notified the state of California of the permanent closure of its Scotts Valley facility, which included the layoff of 57 employees there. 

Posted in Industry News

Fox Racing opens store in Bentonville, plans more locations

June 1, 2023

BENTONVILLE, Ark. (BRAIN) — Fox Racing held a grand opening ceremony for its new store during the Bentonville Bike Fest last week.

Posted in Retail News

City Bikes founder and CEO Charlie McCormick, 60, dies

May 19, 2023

WASHINGTON (BRAIN) — Longtime retailer Charlie McCormick, the founder and CEO of City Bikes in D.C., died of natural causes on May 11 while camping in a remote spot overlooking the Potomac River in Poolesville, Maryland.

He was 60.

Posted in Retail News

Wahoo eliminates all debt with recapitalization

May 17, 2023

ATLANTA (BRAIN) — Wahoo Fitness says it has eliminated all its debt with a recapatilization from new and current investors. 

Posted in Industry News

Sea Otter attendance up from 2022

May 9, 2023
Mr. Otter was up for selfies at the show.

MONTEREY, Calif. (BRAIN) — Organizers of the Life Time Sea Otter Classic say total attendance at this year's show was 76,500, up from 71,000 last year and with a significant increase in the number of corporate brands and exhibitors at the event's expo.

Posted in Industry News

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