Industry News

BOULDER, Colo. (BRAIN) — PeopleForBikes released its 2025 City Ratings on Tuesday, using data to rank the best places for cycling globally.

Mary T. Boyle.

BETHESDA, Md. (BRAIN) — A federal judge reinstated three Consumer Product Safety Commissioners fired in May by the Trump administration after they objected to staff cuts and sued nearly two weeks later for unlawful dismissal.

Tagged Lawsuits/legal / Electric bike
Reto Aeschbacher. Photo by Simon Ricklin courtesy of Scott Sports.

GIVISIEZ, Switzerland (BRAIN) — Reto Aeschbacher, who has led Scott Sports' marketing for nearly 30 years, is leaving the company to become CEO of Bergbahnen Lenzerheide, the company that operates the cable cars and ski lifts in the Lenzerheide ski resort area in Switzerland.

LANDRUM, S.C. (BRAIN) — Cardinal Cycling Group is selling the machinery and raw materials from what was once the largest steel frame factory in the U.S.

CHICOUTIMI, Québec (BRAIN) — Some two hours north of the city of Québec, along the Saguenay River, is the so-called “aluminum valley,” a region that produces around a third of Canada’s aluminum, thanks to ample hydroelectric power.

Tagged Tariffs

WASHINGTON (BRAIN) — Legislation introduced in Congress this week would eliminate tariffs on components used to assemble complete bikes in the U.S., long a major concerns of bike brands looking to add value in the U.S. without making the full step toward frame manufacturing.

ASHEVILLE, N.C. (BRAIN) — Industry Nine announced Tuesday that it acquired British Columbia-based We Are One Composites, which has been its source for hand-laid carbon fiber rims for the past five years.

Tagged Mergers, Acquisitions & Investments
Rob Koshar.

A version of this feature ran in the June issue of BRAIN.

BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How concerned are you about tariffs, how do you stay informed, and will you itemize the added costs? 

Tagged State of Retail / From the Magazine

WASHINGTON (BRAIN) — China-made helmets and bike trailers with aluminum frames will remain exempt from a 7.5% Section 301 tariff until at least the end of August.

Tagged Tariffs
A deeper dive into Giant's annual report.
Giant Group American vs. Asian sales, 2019-2024.

TAICHUNG, Taiwan (BRAIN) — Giant Group's sales to America — under its own brand and to its original equipment customers — have declined steeply since the pandemic even as sales in Asia, China in particular, have grown significantly.

BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission's 2026 Performance Budget Request to Congress calls for restructuring the agency, reducing funding by 10.5%, and staffing by 14%.

PITTSBURGH (BRAIN) — Dick's Sporting Goods announced its first-quarter net sales increased 5.2% year-over-year a few weeks after reaching a merger agreement to acquire Foot Locker.

Tagged Earnings/Financial Reports

MORGAN HILL, Calif. (BRAIN) — Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters. 

MANNING, S.C. (BRAIN) — Kent International will lay off 64 workers at its Bicycle Corporation of America facility here, effective June 25. The company has filed a notice with the state of South Carolina on the layoffs, saying it was due to the "permanent closure" of the facility. 

Tagged Tariffs

KOBLENZ, Germany (BRAIN) — Canyon Bicycles’ sales grew by 1 million euros last year, from 791 million euros in 2023, to 792 million euros ($900 million at today’s exchange rate) in 2024, according to an annual report from Groupe Bruxelles Lambert, which

Tagged Earnings/Financial Reports
Mike Shapiola.

GRANGER, Ind. (BRAIN) — The Department of Labor recently approved retailer Mike Shapiola's request to declare Bicycle Repair Technician apprenticeable. The Office of Apprenticeship letter to Shapiola, owner of Spin Zone Cycling, said it received and agreed with bike industry input to grant the request.

E-bike, lithium-ion battery testing proposal in limbo.
Mary T. Boyle.

BETHESDA, Md. (BRAIN) — A nonprofit consumer advocacy organization filed a civil lawsuit on behalf of the three Consumer Product Safety Commissioners whom President Trump fired earlier this month after objecting to staff firings.

Tagged Lawsuits/legal / Electric bike
Revel ReRun e-enduro.

CARBONDALE, Colo. (BRAIN) — Adam Miller is back to lead the Revel Bikes' revival after announcing Wednesday the purchase of the company's assets.

Tagged Mergers, Acquisitions & Investments
Whitney Tabaian addresses the NBDA Summit.

BENTONVILLE, Ark. (BRAIN) — The National Bicycle Dealers Association Retailer Summit Central that started Monday and ends Thursday led off its first day of educational presentations and panel discussions with a keynote from Whitney Tabaian, newly appointed president and CEO of Mike's Bikes.

Tagged Tradeshows and conferences

STAVANGER, Norway (BRAIN) — Norwegian urban mobility brand Podbike filed for bankruptcy Friday, citing financial hurdles including increasing production costs, supply chain disruptions, and a stagnant global economy.

Tagged Electric bike

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