BRAIN Staff
All articles by BRAIN Staff
BEVERLY, Mass. (BRAIN) — Custom carbon frame maker Parlee Cycles Inc. filed for Chapter 11 bankruptcy protection on Monday and will continue operations during the process. A balance sheet in its filing showed Parlee's liabilities totaled $4.4 million and total assets totaled $2.6 million at the end of January.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. said its sales were down $40 million, to $755 million, in its third quarter, compared to the same period last year.
LOUISVILLE, Colo. (BRAIN) — The Pro's Closet has made its second round of layoffs in the past three months on Thursday, the result of continued economic headwinds facing the cycling industry.
LYONS, Colo. (BRAIN) — Reeb Cycles said it has seen sales grow 65% since it launched its steel SST trail bike in September. The privately held company did not release other sales figures.
PETALUMA, Calif. (BRAIN) — Component brand White Industries has purchased the wheel brands Rolf Prima and Astral Cycling.
PHILADELPHIA (BRAIN) — State Farm Insurance Company's lawsuit against Rad Power Bikes could be settled later this month after Judge Chad F. Kenney referred the case to another judge to conduct a pre-trial settlement conference on Jan. 17.
LOS ANGELES (BRAIN) — A Los Angeles judge has approved a $1.5 million settlement between the parents of a 12-year-old girl who died following an e-bike crash and the parents of the 11-year-old girl who was piloting the bike.
BOULDER, Colo. (BRAIN) — Of the more than 600 articles posted on this site this year, one about a lawsuit against an e-bike brand garnered the most views.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission urged manufacturers and importers of e-bikes and other micromobility devices to comply with relevant safety standards, including UL's 2849 standard.
BOULDER, Colo. (BRAIN) — Outside Inc., the parent company of BRAIN, VeloNews, Pinkbike, Cyclingtips and other cycling-related titles and events, announced a round of staff layoffs Wednesday.
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