Industry News

WASHINGTON (BRAIN) — The public comment period ended Thursday for a proposed 25 percent tariff on $200 billion in Chinese imports, including most categories of bicycle products. Now the industry can do little but wait for the Trump administration to announce whether it will go ahead on the package. Meanwhile, the president has proposed another round of tariffs that would hit virtually every product coming from China.

LONDON (BRAIN) — Rapha has cut 15 jobs at its headquarters in the name of reducing redundancy and costs, the company said. The company said sales were up significantly last year but that it now focusing on long-term profitable growth rather than short-term sales.

HELSINKI (BRAIN) — Amer Sports CEO Heikki Takala made clear Thursday that the company is considering selling off both its cycling brands, Mavic and Enve. In the most gentle but firm way, Takala said there might be a better owner out there, somewhere, for the brands, both of which he called "iconic."

VISTA, Calif. (BRAIN) — Haro Bicycle Corp. has announced organizational changes in sales and product management — promoting its sales director and bringing aboard new product managers for its BMX and lifestyle bike lines.

HELSINKI (BRAIN) — Amer Sports says its Mavic cycling business is "under review" as Amer updates its strategy and looks to focus its portfolio of brands, which includes Salomon, Arc'teryx, Peak Performance, Atomic, Mavic, Enve, Suunto, Wilson and Precor.

Reno, Nevada — Urban transportation specialist Tern, and Stile Products, Tern's North American distributor, are pleased to announce the addition of two new members to the team: Steve Gluckman and Josh Schlee.

COLORADO SPRINGS, Colo. (BRAIN) — Apache Bicycles, a 17-year-old bike brand based in the Czech Republic, is planning some changes to its marketing, which outraged many on social media in recent weeks.

LAGUNA HILLS, Calif. (BRAIN) — New label requirements for California Proposition 65, a law requiring that products sold in the Golden State warn consumers about exposure to chemicals that can cause cancer or birth defects, are going into effect Thursday.

BANGKOK, Thailand (BRAIN) — Vee Rubber Corporation, the parent of Vee Tire Company, is adding staff and expanding capacity at its Thailand factories as U.S. brands look for alternatives to Chinese production.