Industry News
SAN FRANCISCO (BRAIN) — Registry service Bike Index released a free iOS app to make it easier for registration and for law enforcement to use. Through the app, cyclists can create an account to register one or more bicycles from anywhere in the world.
WASHINGTON (BRAIN) — The U.S. Trade Representative published a Federal Register Notice on Wednesday concerning the Section 301 tariffs on China but it's still unclear whether existing bike products will continue to receive exclusions as the May 31 deadline for ending all exclusions approaches.
NEW YORK (BRAIN) — REI union members at the SoHo store will hold a rally Thursday to demand that the co-op sign a letter of commitment to reach a contract by the end of the year.
Turns out there are a lot of details to work out when acquiring and relaunching a global bike brand. Here are some takeaways.
Kona founders Jake Heilbron and Dan Gerhard shared this letter to the industry with BRAIN readers on Monday.
(BRAIN) — The founders of Kona Bicycles have repurchased the brand they sold to private equity-backed Kent Outdoors in December 2021.
OBORNIKI, Poland (BRAIN) — DT Swiss is now assembling all its forks, shocks, dropper posts and remote levers at its DT Swiss Polska Sp. facility in Poland. Previously the assembly was done at the company's facility in Taichung, Taiwan.
WASHINGTON (BRAIN) — The House of Representatives approved the bipartisan Setting Consumer Standards for Lithium-Ion Batteries Act on Wednesday that would establish a federal safety standard for rechargeable lithium-ion batteries in mobility devices like e-bikes and e-scooters.
WASHINGTON (BRAIN) — It's unclear if the Biden administration's proposed steep increases in tariffs on Chinese EVs will affect the bike industry.
MORGAN HILL, Calif. (BRAIN) — Specialized has made another change at the top, naming former Pon.Bike and Canyon Bicycle chief Armin Landgraf its new CEO replacing Scott Maguire, who will lead the brand's new innovation and technology division.
DETROIT (BRAIN) — Light electric vehicle vertical integration partner Bloom added Cleveland-based LAND Energy as its e-moto battery supplier.
TAIPEI, Taiwan (BRAIN) — Giant Manufacturing says bike sales in China continue to be a bright spot, but inventory reductions in Europe and North America continue to dampen overall sales.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation's first-quarter revenues dropped 19% year-over-year as the cycling and motorcycle protective brand's dealers and distributors continue to deal with excessive inventory levels.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue declined 11% year-over-year, but founder and CEO Nicholas Woodman said the $155 million in sales exceeded its first-quarter target.
BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?
MONTEREY, Calif. (BRAIN) — Let James Ayres, Haro Bike’s director of North American sales, put the spotlight on this season’s Sea Otter Classic: “It literally blew us away. It was borderline flabbergasting,” said Ayres in an interview.
DENVER (BRAIN) — The Colorado General Assembly has passed an expanded Right to Repair bill, but it's unclear if it will apply to e-bikes because motor vehicles are excluded.
OLATHE, Kan. (BRAIN) — Garmin Ltd. first-quarter revenues grew 20% year-over-year — with all segments achieving record numbers during that period — while operating income increased 51%.
WILTON, Conn. (BRAIN) — Cannondale has reduced its workforce by "less than 1%" during a company reorganization from a multi-regional to unified global structure, a company spokesperson told BRAIN.
OGDEN, Utah (BRAIN) — ENVE Composites is returning to its roots as a Utah-owned and managed brand after several years as part of a global sports empire, the company’s general manager says.
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