Industry News
Since our first Big BRAIN 10 survey last March, two bicycle brands (Pon and Specialized) have entered the list to replace three IBDs purchased by suppliers (Mike’s Bikes by Pon, Mike Olson’s San Diego and Portland stores by Trek, and David’s World Cycle by Trek).
DURANGO, Colo. (BRAIN) — John Siegrist, one of the best-known custom frame builders of the 1990s mountain bike boom and beyond, has joined his son, David, to launch a new frame building business called Sanitas. Sanitas is building custom frames in steel and titanium for consumers and on an OE basis for several boutique brands.
GOLDEN, Colo. (BRAIN) — Alchemy Bikes opened its new U.S. headquarters here and will offer a free overnight stay with the purchase of a bike. Celebrating the move from Denver, Alchemy teamed with Origin Hotel Red Rocks and other local businesses to create the buyer experience called DARE: Golden Package.
FRANKFURT (BRAIN) — Brooklyn Bicycle Co. announced at Eurobike Wednesday that Ikandomore ApS, a Danish distribution company, will distribute Brooklyn bikes and accessories to independent bike shops across Europe. At Eurobike, Ikandomore is offering Brooklyn bikes for pre-order for spring 2023 shipment.
BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: What are the most — and least — effective things you’ve done to engage with customers and keep them riding?
NEW YORK (BRAIN) — Peloton Interactive said Tuesday that it will cease all owned manufacturing operations and expand its relationship with Taiwan's Rexon Industrial Corp.
COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes acquired Terrene Tires from Krueger Outdoor Inc.
FRANKFURT, Germany (BRAIN) — Helmet manufacturer Limar SRL formed a division to serve the U.S. market, with the first new helmets ready for distribution in the coming weeks.
TAIPEI (BRAIN) — Taiwan exported nearly $2 billion worth of bikes, e-bikes and bike components in the first four months this year, up 28% from the same period last year.
BREMBATE, Italy (BRAIN) — Vittoria Group and UK technology and materials company Haydale will begin collaborating on innovation and graphene supply.
EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.
VISTA, Calif. (BRAIN) — Chief operating officer Joe Hawk is retiring after 29 years at Haro Bikes.
BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes founders Stan and Cindy Koziatek are retiring after selling the company to the North Carolina-based investment company Zabel Companies LLC.
DERBY, United Kingdom (BRAIN) — Forme Bikes reported the theft of e-bikes from a supplier while in transit between its headquarters here and its Italian assembly plant on Friday.
KNOXVILLE, Tenn. (BRAIN) — Rick Adams is the new CEO of LeMond Bicycles, replacing Dean Hendrickson, who will transition to CEO of LeMond Carbon.
(BRAIN) — Dahon, celebrating its 40th anniversary this year, says it is refocusing on brick-and-mortar retailers by halting sales via Amazon and other online-only vendors.
TREVIGLIO, Italy (BRAIN) — Bianchi announced Thursday that it will directly distribute in Scandinavia beginning Friday.
Announcing it as "a new phase of the company's growth plan," it will control distribution in Sweden, Denmark, Finland, and Norway.
MADISON, Wis. (BRAIN) — Saris Cycling Group, the maker of indoor trainers, bike infrastructure products and bike racks, is re-organizing under Wisconsin's Chapter 128, a voluntary debt consolidation program run through the state's circuit court system
Recumbent manufacturer WizWheelz acquires Coyne Publishing, producer of the Recumbent Cycle-Con show
GRAND RAPIDS, Mich. (BRAIN) — WizWheelz, the parent company of TerraTrike and GreenSpeed, has acquired Coyne Publishing, LLC. Coyne is the producer of the Recumbent Cycle-Con show, which bills itself as North America’s largest gathering of the recumbent cycling industry.
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