Industry News
MORGAN HILL, Calif. (BRAIN) — Longtime industry executive Keith Hnatiuk, who worked for HLC, Canyon Bicycles USA, and Specialized Bicycle Components, died from stomach cancer. He was 66.
ATHENS, Greece (BRAIN) — At least 500 containers filled with e-bikes were among those seized by the European Public Prosecutor's Office for allegedly importing Chinese goods into the EU market and evading customs duties and value-added taxes. Six people were charged.
TOKYO (BRAIN) — Shimano has apologized after Japanese authorities cited the company for delaying payment to some subcontractors.
POOLE, United Kingdom (BRAIN) — Bike care brand Muc-Off announced an exclusive U.S. distribution agreement with QBP beginning in 2026.
SARASOTA, Fla. (BRAIN) — Art Wester, former president of Mavic USA and who sometimes referred to his career choices as the three B's — Books, Boats, and Bikes — died at his home here from mesothelioma on Thursday. He was 82.
TAICHUNG, Taiwan (BRAIN) — Just prior to the opening of the Taichung Bike Week OE event here this week, three of Taiwan’s largest OE bike makers announced that operating revenues had declined in August, with two of them down for the year-to-date.
LOS ANGELES (BRAIN) — Swrve announced Wednesday that it has a new owner and will relaunch in 2026 more than a year after the 20-year-old cycling and outdoor apparel brand said it would close.
SAN FRANCISCO (BRAIN) — Rad Power has reached a settlement with a man who said his Rad Runner Plus e-bike caused him to fall and sustain injuries and damage property. The case is in the Superior Court of California in San Francisco.
PORTLAND, Ore. (BRAIN) — Firsthand Framebuilding, which sells framebuilding supplies including Reynolds steel and titanium tubing, will launch a series of framebuilding classes next year.
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.
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