Industry News
A Chinese company that raised millions by launching a connected road bike with crowdfunding campaigns wound up just a few years later gone without a trace except for 800,000 abandoned share bikes.
NEW YORK (BRAIN) — Wanda Sports Group, a subsdiary of Chinese conglomerate Dalian Wanda, is hoping to raise a half a billion dollars in an intial public offering on Wall Street this year.
WASHINGTON (BRAIN) — Sen. Mike Lee has reintroduced Senate bill S. 1695, the Human-Powered Travel in Wilderness Areas Act, which would allow local managers to permit bicycles on existing trails and roads in federal Wilderness areas.
SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.

PETALUMA, Calif. (BRAIN) — Framebuilder, innovator and industry gadfly Bruce Gordon was found dead Friday morning at his home in Petaluma, according to friends.
BOULDER, Colo. (BRAIN) — Pocket Outdoor Media has hired longtime cycling journalist Ben Delaney as its content director for special projects. It's a homecoming of sorts for Delaney, who was editor-in-chief of VeloNews from 2007-2011.

NEW YORK (BRAIN) — For cyclists who are cash rich but time poor, Roula.cc offers concierge-style bike rental services in business destination cities around the world. The startup will deliver a high-end road bike to a hotel, office, or Airbnb, professionally tuned and adjusted. It also offers guided rides.

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike's organizers are changing some policies in order to engage consumer-direct brands, brands with large dealer events, and other companies that have seen little value in attending trade shows.
LEVIS, Québec and LEXINGTON, S.C. (BRAIN) — HLC is now offering an online fulfillment service to retailers in the US and Canada.
WASHINGTON (BRAIN) — Early in this decade, the U.S. imported bike car racks, high-end road wheels, and the occasional road bike from Mexico. As recently as 2001, the U.S. imported hundreds of thousands of bikes annually from south of the border. But more recently, Mexico has exported almost no bicycle products to the U.S.
WASHINGTON (BRAIN) — The U.S. Trade Representative is delaying by 15 days the imposition of increased tariffs on some Chinese goods.

SANTA MONICA, Calif. (BRAIN) — Bird, which operates e-scooter share programs in more than 100 cities, has announced a new option being rolled out for tests in some markets: a two-seated electric bike called the Bird Cruiser.
BOULDER, Colo. (BRAIN) — Have you ever wanted to join PeopleForBikes' congressional visit program to share your business's concerns and story with elected officials?
PeopleForBikes will hold an industry webinar June 19 to review its congressional visit program

GIVISIEZ, Switzerland (BRAIN) — Scott Sports is now occupying its new headquarters building here, a 7-level, 278,000-square-foot structure that houses 600 employees in the company's Bike, Winter, Moto and Running divisions.
DURANGO, Colo. (BRAIN) — Brett Hahn, the brand Manager for Continental Bicycle Tires in North America, is leaving his post after 20 years.

NEW YORK (BRAIN) — A pair of street artists have settled a copyright lawsuit they had filed against Brompton Bicycle and a closed New York bike shop, court records show.
DENVER (BRAIN) — Books are not the only resource you can borrow from the Denver Public Library. All branches now have bicycle repair kits available for on-site use.
KIRCHBERG, Luxembourg (BRAIN) — Giant Electric Vehicles has asked the General Court of the European Union for an anullment of the 24.6% anti-dumping duties it imposed on the company's China-made e-bikes in January.
BOULDER, Colo. (BRAIN) — PeopleForBikes has promoted Jenn Dice to chief operating officer. Dice previously was the organization's Business Network vice president.