Industry News

STOCKHOLM (BRAIN) — MIPS has acquired the Canadian helmet technology brand Fluid Inside and its related patent rights. MIPS said the acquisition builds its product offerings with technology that addresses both linear and rotational motions.

Tagged Mergers & Acquisitions
At 27.5 pounds, The One's three models have raised more than $770,000 through Indiegogo.
The One weighs 27.5 pounds and folds in seconds.

ZURICH (BRAIN) — United City Bikes saw the need for a lightweight folding e-bike in the ever-growing electric urban universe, but the response to its solution, The One, even caught the company by surprise.

Tagged Electric bike

BOULDER, Colo. (BRAIN) — After a dismal first quarter, the U.S. industry turned a corner in April according to new wholesale bike sale figures released by the Bicycle Product Suppliers Association on Tuesday.

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing registered first quarter sales of NT$14.69 billion ($467 million), up 5.2% compared to 2018's first quarter.

Tagged Earnings/Financial Reports

RIVERSIDE, Calif. (BRAIN) — The U.S. distributor for cycling shoe company Sidi resumed operations Monday after an F-16 fighter jet crashed into a section of its warehouse four days earlier.

Tagged Distributor news

MORGAN HILL, Calif. (BRAIN) — Specialized Bicycle Components announced several U.S. leadership team moves in a communication to retailers Thursday.

FRIEDRICHSHAFEN, Germany (BRAIN) — After experimenting with July dates last year, organizers of the Eurobike show have set their 2020 show for Sept. 2-5, roughly the same time slot as this year's show.

Tagged Tradeshows and conferences / Eurobike
The port of Shanghai, China. Wiki Commons photo.

Spoiler: Well over $1 billion worth of bike stuff at Customs value — at least half of all bike-related imports.

Tagged Tariffs

BOULDER, Colo. (BRAIN) — Tariff news is piling up on the industry. To help you (and us) keep track, we've prepared this timeline of the major battles in this trade world war.

Tagged Tariffs
European hubs could become subject to a new U.S. tariff.

WASHINGTON (BRAIN) — While the U.S. trade war with China is getting the most attention, the U.S. is also engaged with a dispute with the European Union. On Thursday, the Bicycle Product Suppliers Association was scheduled to testify against new tariffs on bike products from the EU.

Tagged Tariffs

BOULDER, Colo. (BRAIN) — The Outdoor Industry Association has sent a letter to President Donald Trump and trade officials, urging them to finish trade negotiations with China and lift recently imposed and proposed tariffs on Chinese imports. 

Tagged Tariffs

PHILADELPHIA (BRAIN) — Steven Fairchild, who has worked for the Fuji brand for a total of 27 years, is leaving the company. The veteran product manager said Wednesday was his last day with Advanced Sports, Inc., Fuji's owner. He said he would announce a new position soon.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions has appointed Sally Shankland to the position of president and CEO.

NEW YORK (BRAIN) — Citi Bike will be without its electric bike fleet this summer as its model redesign takes longer than expected.

BRAIN visited Greenfield's factory in 2012.

FREEPORT, N.Y. (BRAIN) — The U.S. bike industry has largely become an importing industry, but some remaining U.S. manufacturers said they welcome the recent tariff increase on Chinese imports.

Tagged Tariffs
UPDATED.

WASHINGTON (BRAIN) — It will take just a few short weeks before the U.S. bike market sees significant wholesale and retail price increases on bikes, parts and accessories due to the long-delayed 25% tariff on Chinese imports, which finally took effect Friday morning.

Tagged Tariffs
Dorel says increased IBD sales challenge the industry's negative trend.

MONTRÉAL (BRAIN) — Dorel Industries saw sales growth in the specialty bicycle market in the first fiscal quarter this year, the company reported Friday. Dorel's Cycling Sports Group offers the Cannondale and GT brands in the IBD market.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Darrell Denny is departing Emerald Expositions, where he has been an executive vice president overseeing the company's sports and e-commerce trade shows, including Outdoor Retailer and Interbike. Denny's last day at the company will be May 24.

ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses. 

Tagged Mergers & Acquisitions / Earnings/Financial Reports
UPDATED.

DAYTON, Ohio (BRAIN) — Bill Smith, the recently retired president and CEO of Huffy Corp., has died, the company has confirmed.

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