BRAIN Staff

All articles by BRAIN Staff

Cardinal Cycling Group sells Detroit Bikes to new company

May 31, 2024

DETROIT (BRAIN) — Cardinal Cycling Group has sold Detroit Bikes to Beacon Manufacturing, a new company that provides services to light electric vehicle manufacturers.

Posted in Industry News

New York lawmakers send lithium-ion safety package to governor

May 29, 2024

ALBANY, N.Y. (BRAIN) — The New York State Senate passed a legislative package aimed at strengthening lithium-ion battery safety standards, including one that will recognize the European testing standard EN 15194 along with UL 2849.

Posted in Industry News

Key tariff exclusions, including on e-bikes, will expire June 14

May 24, 2024

WASHINGTON (BRAIN) — Importers of Chinese-made e-bikes, juvenile bikes and some other bike products will be responsible for an additional 25% tariff on those products starting June 14.

Posted in Industry News

Biden administration's China tariffs could hit e-bike batteries

May 15, 2024
PeopleForBikes says the industry needs 'clarity and relief' on the proposed new tariffs
Biden on Tuesday after signing a document related to the China tariffs. (Photo by Demetrius Freeman/The Washington Post via Getty Images)

WASHINGTON (BRAIN) — It's unclear if the Biden administration's proposed steep increases in tariffs on Chinese EVs will affect the bike industry.

Posted in Industry News

Roll: Bicycle Company to close its remaining two retail stores

May 7, 2024

COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company will close its remaining two retail locations in Bexley and Upper Arlington this month in response to an industry that is "really challenging right now, particularly for independent local retailers," founder and CEO Stuart Hunter

Posted in Retail News

State of Retail: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?

May 7, 2024
Larry Tetone.

BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?

Posted in Industry News

Bike-carrier demand helps propel Thule's 9% Q1 net sales gain

April 26, 2024

STOCKHOLM (BRAIN) — Buoyed by Sports & Cargo Carriers, Thule Group's first-quarter net sales increased 8.7% year-over-year.

Posted in Industry News

Colnago's sales growth continued in 2023

April 23, 2024

CAMBIAGO, Italy (BRAIN) — Colnago reported sales of 55.7 million euros ($59.6 million) in 2023. The privately held company's financial statements were approved at a shareholders' meeting on Tuesday.

Posted in Industry News

State of Retail: Best practices for recruiting, hiring, and retaining qualified sales people and mechanics?

April 11, 2024
Julie Muyllaert.

BOULDER, Colo. (BRAIN) — For our April magazine edition, we asked our State of Retail panel members: What are your best practices for recruiting, hiring, and retaining qualified sales people and mechanics?

Posted in Industry News

House passes EXPLORE Act to enhance land and water management

April 10, 2024

WASHINGTON (BRAIN) — The House of Representatives on Tuesday passed the Expanding Public Lands Outdoor Recreation Experiences (EXPLORE) Act, legislation supported by outdoor and bike industry groups.

Posted in Industry News

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