Industry News

DENVER (BRAIN) — The city has established a series of rebates for the purchase of an e-bike or e-cargo bike from participating bike shops that goes into effect on Friday as part of its Climate Action Rebate program.

LONG ISLAND, N.Y. (BRAIN) — Another of our industry’s elder statesmen has left us. Harry Manko died at 94 on April 13.

SEATTLE (BRAIN) — Rad Power Bikes has laid off about 100 workers as it closes most of its mobile services business and shifts to expanding its stationary retail store locations.

HARRISONBURG, Va. (BRAIN) — Lauf Cycling, an Iceland-based company making frames and forks for gravel riding, is opening a showroom and distribution center here.
Benedikt Skulason, the founder and CEO of Lauf, attended a City Council meeting Tuesday night.

BOULDER, Colo. (BRAIN) — For our April magazine edition, we asked our State of Retail panel members: What could suppliers do to make your life easier, and what are best-in-class suppliers doing that sets them apart?

MONTEREY, Calif. (BRAIN) — Emerging from two years of sequestered gatherings, Nyle Nims eagerly anticipated this year's Sea Otter Classic. The founder of Cycle Force Group has a lot to share with the industry.

MONTEREY, Calif. (BRAIN) — So what is "The State of Magura" following the industry's topsy-turvy past two years dealing with the pandemic, lockdowns, and supply-chain issues?

MONTEREY, Calif. (BRAIN) — Woom bikes celebrates a return to in-person events this year after the COVID-19 outbreak with the March announcement it signed a three-year sponsorship agreement to be the official kids bike manufacturer of the Sea Otter Classic.

NEWARK, N.J. (BRAIN) — Samuel Mancini, the director of a Denver-based fund that planned to invest in several well-known cycling brands, has pleaded guilty to one count of securities fraud.

RALEIGH, N.C. (BRAIN) — A North Carolina cyclist is suing Rene Herse Cycles alleging the company was negligent in selling a tubeless road tire that blew off a hookless rim, causing a crash.

MONTEREY, Calif. (BRAIN) — Kent Bicycles' VanDessel is selling Specialized bottles to benefit charities related to Ukrainian refugees.

MONTEREY, Calif. (BRAIN) — American Classic, now in its second season as a tire-only brand, is at the Sea Otter Classic expo showing a revamped product line that is now being sold in IBDs in addition to consumer direct.

MONTEREY, Calif. (BRAIN) — Chris Caughman created the online bike auction platform Crank Farm during the pandemic, a time when he got out on the bike and read a lot about cycling.

MONTEREY, Calif. (BRAIN) — Chris Riddell told a packed conference room that the development of technology over the next three years could set the trends for the next 100 years.

MONTEREY, Calif. (BRAIN) — As Sea Otter Week gets underway this week here with the opening of the Sea Otter Summit, the event's official festival guide is now available for download.
WATERLOO, Wis. (BRAIN) — Trek Bicycle today announced it joined the industry's U.S. e-bike battery recycling program that officially began last month.

OBERWANGEN, Switzerland (BRAIN) — Stromer reached an agreement to merge with Spanish e-bike brand Desiknio Cycles SL. Details of the transaction, which is subject to customary approvals, were not released.

WASHINGTON (BRAIN) — The U.S. Forest Service finalized e-bike guidance for local land managers considering expanding access on trails and grasslands.

SHANGHAI (BRAIN) — The 31st China International Bicycle Fair scheduled for May 6-9 at the New International Expo Centre has been postponed as the city deals with rising COVID-19 cases.

PARIS (BRAIN) — Global sports retailer Decathlon is the latest company to announce it will suspend its business in Russia due to the Ukraine invasion. Most other brands involved in cycling have done the same.