Industry News
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.
TRENTON, N.J. (BRAIN) — New Jersey's governor signed a bill into law on Monday that will require license, registration, and insurance for all e-bike riders. State lawmakers say it addresses a rising number of crashes, including two killed in separate incidents.
COLORADO SPRINGS, Colo. (BRAIN) — John Barnett, the founder of one of the industry’s best-known schools for bike mechanics, died Dec. 17 at home. He was 74.
LA CROSSE, Wis. (BRAIN) — A nonprofit manufacturer with a commercial outdoor and consumer products subsidiary purchased U.S.-made custom sports apparel company Borah Teamwear for an undisclosed price.
LOS GATOS, Calif. (BRAIN) — Influential industry pioneer Jim Blackburn passed away peacefully in his home last week surrounded by family. He was 86.
OSLO, Finland (BRAIN) — Norwegian tire startup reTyre has closed on a 7 million euro ($8.1 million) funding round that includes cycling startup investor Fundracer.
(BRAIN) — U.K.-based apparel brand Endura is laying off multiple employees as it moves its operations from Scotland to London, a move that follows a financial report showing losses for a second consecutive year.
SEATTLE (BRAIN) — Rad Power Bikes is closing two of its RadRetail company stores today — in St. Petersburg, Florida, and Vancouver, British Columbia — as its bankruptcy proceedings continue.
EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent Helen of Troy reported third-quarter consolidated net sales declined 3.4% year-over-year with Home & Outdoor segment sales slipping 6.7%.
GREENVILLE, S.C. (BRAIN) — Co-founder Nicole Johnson is now CEO of Boyd Cycling, succeeding Boyd Johnson, who will concentrate on engineering and product development.
CAMARILLO, Calif. (BRAIN) — Industry product developer, executive and consultant Brad Hughes died on New Year’s Eve at 71.
LOUISVILLE, Colo. (BRAIN) — Wheels Manufacturing acquired accessory manufacturer Mirrycle Corporation, which includes the Incredibell brands. Financial details, including the purchase price, were not released.
MILAN (BRAIN) — Dutch conglomerate Accell Group has sold the titanium frame brand Van Nicholas to Italian cargo brand Velo-ce.
TUCSON (BRAIN) — Industry veteran Michael Forte announced his acquisition of The Bike Shop List, a source of bicycle shop locations and brand information across North America.
ST. PAUL, Minn. (BRAIN) — Park Tool's director of education, Calvin Jones, is retiring after 28 years with the company. "Moving on from Park Tool, there are some educational projects that I would like to be part of," Jones said.
WILTON, Conn. (BRAIN) — Cannondale founder Joe Montgomery passed away Friday, his son Scott Montgomery confirmed in a LinkedIn post Sunday. Joe Montgomery was 86.
LOS ANGELES (BRAIN) — An announcement by Pacific Glory Worldwide last week has raised questions about how Fuji, SE and Tuesday bikes will be distributed in the U.S. next year.
(BRAIN) — The assets of Electric Bicycle Co., which filed for Chapter 7 bankruptcy in October, are being sold this winter. They include the brand and other intellectual property, including a website that allows consumers to order custom e-bikes. The sale also includes inventory and manufacturing equipment.
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