Industry News
AMSTERDAM (BRAIN) — Pon Holdings revenue increased 23% year-over-year to reach $10 billion euros ($10.9 billion) for the first time in company history, while Pon.Bike revenue was 2.4 billion euros ($2.62 billion).
MELBOURNE, Australia (BRAIN) — Reid Cycles restructured its retail network to "right-size," including closing three locations with plans to close another and naming its international managing director, Rob Akam, group CEO.
BOULDER, Colo. (BRAIN) — The Life Time Sea Otter Classic official Festival Guide is now available online for reading and download.
PORT COQUITLAM, British Columbia (BRAIN) — HLC is now the exclusive outside sales agency for Norco Bicycles in the U.S. Norco will continue providing dealers with direct inside sales, customer service, credit and warranty support.
SCOTTS VALLEY, Calif. (BRAIN) — Sources at Bell and Giro tell BRAIN that the Vista Outdoor brands made significant staff layoffs this week, especially in the marketing, brand, and creative departments.
TAIPEI, Taiwan (BRAIN) — Gary Fisher is back where he wants to be — in Taiwan, hanging out with longtime industry friends at the Taipei Cycle show, but also more generally, back in the game, designing bikes he believes will change the industry, and even the world.
MONTEREY, Calif. (BRAIN) — Despite California’s record amount of rain and snow, Weathertech Raceway Laguna Seca, home to the Sea Otter Classic, is in good shape and should pose no issues for exhibitors and consumers at the April 19 through April 22 show, said Frank Yohannan, Sea Otter’s chief executive officer.
WEST PALM BEACH, Fla. (BRAIN) — SRAM LLC has requested a new trial after a jury handed Princeton Carbon Works a win last month in a patent infringement suit.
(BRAIN) — A marketplace website will offer consumers a way to buy and sell pre-owned Kitsbow Cycling Apparel. The Kitsbow Experienced Apparel website — created and operated by Treet — recently uploaded design and photo-shoot samples, and items from its gear library, including
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation recorded record revenue for 2022 despite a fourth-quarter losses of 53%. The protective gear brand reported full-year revenue of $76.3 million, up 5% year-over-year.
GOUDHURST, England (BRAIN) — Whyte Bikes acquired Quench Cycles after the retailer shut down over the holidays following 18 years in business.
PORTLAND, Ore. (BRAIN) — Chris King Precision Components announced it will withdraw from the B Corporation recertification process, a designation from B Lab that a company meets sustainability standards while balancing profit with purpose.
SPARTANBURG, S.C. (BRAIN) — Time Bicycles announced plans Thursday for the nation's largest carbon fiber bicycle manufacturing facility after acquiring a 140,000 square-foot factory in nearby Landrum.
HENDERSONVILLE, N.C. (BRAIN) — Andreani doesn’t consider its new U.S. distribution center here a typical clearinghouse for suspension products and tools for mountain bikes and motorcycles.
OLD FORT, N.C. (BRAIN) — Kitsbow Cycling Apparel, an employee-owned benefit corp that manufactures locally here east of Asheville, will close in about three weeks after failing to raise enough capital during a community financing round.
WASHINGTON (BRAIN) — Democratic congressmen have reintroduced the E-BIKE Act, renewing hope that Congress can pass federal tax credit for e-bike purchases.
NEW YORK (BRAIN) — In addition to signing off on the lithium-ion battery safety legislative package on Monday that the City Council passed earlier this month, Mayor Eric Adams announced further action in response to the city's escalating fires caused by micromobility devices.
ASHEVILLE, N.C. (BRAIN) — Shanna Powell says her path to becoming a successful entrepreneur in the bike industry is a "roundabout, twisty, weird one."
CHICAGO (BRAIN) — Flyer Electric Bikes is expanding distribution and will offer a free e-bike to new in-store stocking and non-stocking retailers if they sign up for the brand's dealer network through Beeline Connect by May 1.
CHICAGO (BRAIN) — ABUS has added HLC and Serfas as U.S. distributors. ABUS said both distributors have "excellent" warehousing and shipping teams that will improve the retail ordering experience.
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