BRAIN Staff
All articles by BRAIN Staff
February 9, 2023
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.
Posted in Industry News
February 2, 2023
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.
Posted in Industry News
January 20, 2023
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.
Posted in Retail News
January 12, 2023
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.
Posted in Industry News
January 10, 2023
PETALUMA, Calif. (BRAIN) — Component brand White Industries has purchased the wheel brands Rolf Prima and Astral Cycling.
Posted in Industry News
January 5, 2023
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.
Posted in Industry News
December 29, 2022
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.
Posted in Industry News
December 29, 2022
Lawsuit over right-front brake lever is provisionally settled.
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.
Posted in Industry News
December 20, 2022
UPDATED with statement from CPSC Chair calling the standards voluntary.
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.
Posted in Industry News
November 16, 2022
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.
Posted in Industry News
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