Industry News

WASHINGTON (BRAIN) — A preliminary trade deal between the European Union and the United States would set tariffs on European products at levels not seen since before the Great Depression. But the 15% tariff announced over the weekend is a reduction from the 30% that the Trump administration had been threatening.

Tagged Tariffs
Petr Samek.

PRAGUE (BRAIN) — Indoor cycling platform Rouvy has acquired competitor Bkool for an undisclosed amount.

Tagged Mergers, Acquisitions & Investments
Also, two senators want answers on why the CPSC's e-bike and lithium-ion battery testing standards proposal was not published for public comment.
Supreme Court Justice Elena Kagan.

WASHINGTON (BRAIN) — The Supreme Court on Wednesday overturned a federal judge's ruling reinstating three Consumer Product Safety Commissioners fired by President Trump in May.

Tagged Lawsuits/legal / Electric bike

WASHINGTON (BRAIN) — The Trump administration has recently announced preliminary trade agreements with some countries that export bicycle products to the U.S., but so far there are no new agreements with the largest suppliers to the industry, and few details on the agreements that have been announced.

UTICA, N.Y. (BRAIN) — eBliss Global plans to invest more than $4.1 million in an e-bike assembly and logistics factory here, the company announced Wednesday.

Tagged Tariffs / Electric bike

STOCKHOLM (BRAIN) — Thule Group's net sales in the company's second quarter were up 9.8%, largely thanks to the addition of Quad Lock revenue to the mix. Thule announced it was buying Quad Lock last November.

Tagged Earnings/Financial Reports

STOCKHOLM (BRAIN) — Helmet technology brand MIPS reported that sales were up 16% for the first half of the year, with helmet manufacturers initially stalling orders until they got more clarity on tariffs. 

Tagged Earnings/Financial Reports
Ben Coates, photo courtesy of Canyon Bicycle.

CARLSBAD, Calif. (BRAIN) — Ben Coates, an industry veteran most recently the president and COO of Revel Bikes, has joined Canyon Bicycles as its U.S. general manager.

CLAREMONT, Calif. (BRAIN) — Gabe Millar, the new owner of the 18-year-old retail site Cantitoe Road, said he plans to continue selling its mainstay products from Connex and Effetto Mariposa to consumers, and hopes to revive the company’s wholesale business as well. 

Swiss Side launched its 68mm tall Hadron wheels on July 4.

THALWIL, Switzerland (BRAIN) — Wheel brand Swiss Side has released an open letter to the international cycling union, UCI, objecting to recently announced rules that would ban rims taller than 65mm in UCI road races. The rule takes effect on Jan. 1, 2026. 

Flossman on the Youtube video.

HAUSEN, Germany (BRAIN) — YT Industries is restructuring in Germany, the company announced Wednesday in a YouTube video posted by the brand's founder, Markus Flossman. 

LeMond delivers emotional speech on sacrifice and 'showing up when it matters most.'
LeMond speaks at the medal ceremony on July 9. Photo by Alex Wong/Getty Image

WASHINGTON (BRAIN) — Industry retailers and suppliers joined federal lawmakers last week to see Greg LeMond awarded the Congressional Gold Medal.

WASHINGTON (BRAIN) — An Administrative Law Judge issued an initial finding that a Chinese company violated federal law by importing and selling cameras that infringed on GoPro's intellectual property.

Tagged Lawsuits/legal

TAIPEI,  Taiwan (BRAIN) — Giant Group’s revenues in the first half of the year totaled NT$32.6 billion ($1.1 billion), down 12.4% from the same period last year.

Tagged Earnings/Financial Reports
Photo courtesy QBP.

MINNEAPOLIS (BRAIN) — Quality Bicycle Products will hold its Frostbike show next winter for the first time since 2022.

The long-running distributor show will be held at QBP headquarters in Minneapolis, February 26–28.

EL PASO, Texas (BRAIN) — Helen of Troy, parent company of Osprey and Hydro Flask, reported net sales decreased 10.8% year-over-year in the first quarter with the interim CEO saying tariffs impacted the bottom line.

Tagged Earnings/Financial Reports
Staci May.

BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: How would you describe relations with key suppliers and sales reps, and what supplier actions have most impacted your shop’s success?

Tagged From the Magazine
Michael Larson

(BRAIN) — Michael Larson, who worked for Accell, Trek, Giant and others in a long career in the bike industry, died on June 22 at age 66,

VARESE, Italy (BRAIN) — SRAM has acquired the Italian chainring spider manufacturer Ochain, whose chain-dampening component has become a staple on World Cup downhill and enduro bikes.

Fabrizio Dragoni, who founded Ochain in 2019, will continue to lead the brand from a new facility in Italy.

Tagged Mergers, Acquisitions & Investments
Drawing from Fox's 8,550,223 patent related to bleed valves.

DENVER (BRAIN) — Fox Factory’s three-year-old patent lawsuit against SRAM will be fought over narrower ground after a Patent Office board sided with SRAM and found that all the relevant claims in a Fox patent are unpatentable.

Tagged Lawsuits/legal

Pages

Subscribe to RSS - Industry News