Industry News
BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: How much of your square footage is dedicated to apparel, and how strong of a category is it? What are your key challenges and best practices with apparel sales?
LEXINGTON, S.C. (BRAIN) — HLC will close its facility here and consolidate operations at its Nevada distribution center while also reducing its number of brands.
TAICHUNG, Taiwan (BRAIN) — Belgian Cycling Factory opened an office here that will focus on sourcing, R&D support, and other facets for its four brands.
VIENNA (BRAIN) — Woom announced it had the best six months in its 12-year history with a 41% increase in revenue.
CHICAGO (BRAIN) — SRAM will open a new facility in the Varese region of Italy next year. The facility will be home to chainring spider manufacturer Ochain, which SRAM acquired in July.
WASHINGTON (BRAIN) — After a decline in Chinese bike imports in June, the industry made a sudden 128% increase in July, likely in a bid to get ahead of a triple-digit tariff that was expected to take effect in early August, but which the Trump administration delayed at the last minute.
WASHINGTON (BRAIN) — The U.S. mass market bike industry began looking to India as a supply source this year, with U.S. bike imports from the country — while still small relative to other major nations — up 98% in value this year through July, according to figures released Thursday.
PORTLAND, Ore. (BRAIN) — Backcountry.com has acquired Velotech Inc, the parent of e-commerce retailers BikeTiresDirect, Western Bikeworks, and TriSports.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycles is closing its California Auburn Innovation Center that opened last year and moving employees there to the brand's primary headquarters to enhance collaboration.
MANNING, South Carolina (BRAIN) — Perfection Industrial is auctioning machinery, tools and other equipment from Kent International's BCA factory here.
WASHINGTON (BRAIN) — Twenty-seven members of Congress filed a brief to an appeals court to support reinstating the three Consumer Product Safety Commission members who were fired by President Trump after objecting to staff firings.
WASHINGTON (BRAIN) — China-made helmets and bike trailers with aluminum frames will remain exempt from a 7.5% Section 301 tariff through the end of November.
KOBLENZ, Germany (BRAIN) — Canyon founder Roman Arnold is returning to an operational role at the company on Sept. 1 as Nicolas De Ros Wallace, who has been CEO, steps down.
HEERENVEEN, Netherlands (BRAIN) — Accell Group announced it will close its factory here by the end of the first quarter next year, resulting in the loss of about 160 jobs. Afterward, production will take place in Hungary with assembly in Dijon, France.
MÜHLTAL, Germany (BRAIN) — Riese & Müller informed retailers Monday morning that it is unable to ship e-bikes to the U.S. because of the new U.S. import rules placing a 50% tariff on steel used in e-bikes.
LA CRESCENTA, Calif. (BRAIN) — Specialist distributor Euro-Asia Imports is closing down after more than 50 years selling mostly high-end parts for road, touring and fixed gear bikes.
CAMBRIDGE, Mass. (BRAIN) — The state's first solar-powered e-bike charging and rental station opened in Somerville on Thursday that's part of a collaboration between Metro Mobility and the Massachusetts Bay Transportation Authority (MBTA).
WASHINGTON (BRAIN) — The steel used in e-bikes, indoor trainers, exercycles and some hand tools is now subject to the Trump administration's Section 232 tariffs, which are up to 50%.
LAKEWOOD, Calif. (BRAIN) — Tern Bicycles is collaborating with used e-bike marketplace Upway to offer a trade-in program at U.S. dealers.
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