Industry News
STOCKHOLM (BRAIN) — MIPS net sales increased 2% year-over-year in the fourth quarter and 10% for the year despite tariff concerns in the U.S.
OSAKA, Japan (BRAIN) — As the global industry adjusted to market inventories and other realities, regional results varied widely for Shimano last year. The Japanese component giant’s full-year 2025 sales in its bike division totaled 355 billion yen ($2.3 billion), up 2.7% from 2024.
STOCKHOLM (BRAIN) — Thule Group net sales increased a little more than 9% year-over-year both in the fourth quarter and in 2025 helped by product updates in the company's Sports & Cargo Carriers category.
LONDON (BRAIN) — Head Group has acquired the London-based cycling apparel brand Le Col from Puma Growth Partners, which has invested at least 14.4 million pounds ($19.5 million at today's exchange rate) in the brand since 2018.
VENTURA, Calif. (BRAIN) — California distributor Zeitbike will distribute Nukeproof mountain bikes as the legacy brand returns to the market under new ownership.
BENTONVILLE, Ark. (BRAIN) — Twenty Arkansas outdoor sports companies, including several bike shops and bike manufacturers, have released a statement in support of the residents of Minneapolis and others “who are peacefully demanding the right to live without fear.”
VENICE, Italy (BRAIN) — An Italian court has ordered Giro's European distributor, Spain-based Adventure Sports Group Europe S.L., to stop making certain marketing claims about its waterproof cycling gloves after a complaint by a company that has a patent on those features.
BLOOMINGTON, Minn. (BRAIN) — QBP President Rich Tauer told industry members who had been planning to attend Frostbike later this month that the distributor has decided to cancel the event.
TAICHUNG, Taiwan (BRAIN) — Giant Group says it has enacted the third phase of its response to the U.S. Customs and Border Protection order barring U.S. imports from its Taiwan factory, over alleged forced labor.
FRANKFURT (BRAIN) — Friday was something of a good news, bad news day for Eurobike.
CONCORD, N.H. (BRAIN) — After a state lawmaker was inundated with comments against his legislation that would create a $50 bicycle user fee, he said he expects to amend or drop the bill, which he conceded has little chance of passage as written.
SEATTLE (BRAIN) — Amazon and UL are suing five e-bike and e-scooter companies, alleging they improperly labeled products with UL trademarks.
AMSTERDAM (BRAIN) — Fundracer, the micro-mobility investment fund founded by several cycling industry veterans, is investing in a Belgian company that is developing safety airbags for cyclists.
SEATTLE (BRAIN) — Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 bankruptcy protection last month.
BURNSVILLE, Minn. (BRAIN) — While located 10 miles south of the ICE protests taking place in downtown Minneapolis, Wolf Tooth Components employees here have been supporting the cause.
BLOOMINGTON, Minn. (BRAIN) — Minneapolis-area distributor QBP is calling on industry members to contact elected officials to "advocate for change" following the death of Alex Pretti on Saturday in Minneapolis. And the company said it is "evaluating a path forward" for its Frostbike dealer event, scheduled for Feb.
This story is corrected to show that the social media account that repeated Angry Catfish's post about Alex Pretti was not an official Surly account. It also contains more details of forthcoming memorial rides.
HUNTINGTON BEACH, Calif. (BRAIN) — A fire that started at the Rad Power Bikes’ retail store here on Sunday night is under investigation by the Huntington Beach Fire Department.
CARBONDALE, Colo. (BRAIN) — Revel Bikes is the latest brand to relocate, announcing its U.S. headquarters will be moving east to Golden, Colorado, with plans to be fully operational there in March.
KOBLENZ, Germany (BRAIN) — Canyon says it is aiming to "reduce complexity and simplify processes," a procedure that includes reducing its workforce by up to 320 workers.
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