Industry News

NEW YORK (BRAIN) — Connected stationary fitness bike brand Peloton Interactive reported revenue of $466.3 million in its second quarter — 77% up from the same quarter last year, but less than the 103% year-over-year growth it reported last quarter.

Tagged Earnings/Financial Reports
SNAFU product photos from court filings.

LOS ANGELES (BRAIN) — A district court judge has denied BMXer Ryan Guettler’s request for an injunction that would prevent Walmart and Hyper BMX from selling products with his likeness.

Stella Yu toasts guests at the 2019 Velo/Wellgo/Prologo dinner.

TAIPEI (BRAIN) — The welcoming dinner, hosted by the Velo saddle company, Wellgo pedal and Prologo, has been canceled. The show is surveying registered visitors to see if they still plan to attend.

Tagged Taipei Cycle Show
First new store will be in Austin.
Rad Power Bikes' Rad Rover step-thru

SEATTLE (BRAIN) — The company said it will use the funding to support new brick and mortar retail locations, and to expand its mobile service and "white glove" delivery offerings.

Taipei Cycle attracts more than 1,110 exhibitors and 8,000 visitors.

TAIPEI, Taiwan (BRAIN) — Taiwan-based exhibitors at the Taipei Cycle show — scheduled to open a month from Tuesday — are circulating a petition asking organizers to cancel it because of the new coronavirus outbreak in China. 

Tagged Taipei Cycle Show / Coronavirus / Tradeshows and conferences

TORRANCE, Calif. (BRAIN) — Pioneer Cycle Sports will cease production of power meters, cycling computers, and pedal monitoring as of March 31 and transfer some assets of its Cycle Sports business to Shimano.

ST. PAUL, Minn. (BRAIN) — Benita Warns. the co-owner of Midway Bicycle Supply, appears on the newest episode of the Outspoken Cyclist, a podcast hosted by former retailer Diane Jenks.

Kriske — who sold her clothing brand to Specialized — joins Kristin Carpenter's Channel Mastery podcast this week.

DURANGO, Colo. (BRAIN) — Machines for Freedom's founder, Jennifer Kriske, is Kristin Carpenter's latest guest on the Channel Mastery podcast.

Clinton (left) with Brauns.

DENVER (BRAIN) — Challenge Tires rolled out its new North American focus at QBP's FrostBike event here last week. The tire brand has hired industry veteran Chris Clinton as their North American Director.

WASHINGTON (BRAIN) — The Trump administration has announced additional Chinese tariff exclusions for some bike-related products.

Tagged Tariffs
Workers at Bafang's factory in Poland.

SUZHOU, China (BRAIN) — Bafang, one of the world's largest e-bike drive system manufacturers, has announced that it is extending delivery lead times by at least 10-15 days because of the coronavirus outbreak.

Tagged Electric bike / Coronavirus / Tradeshows and conferences

MIAMI (BRAIN) — Jeep showed an upcoming e-bike model Sunday in a Super Bowl ad featuring Bill Murray.

Tagged Electric bike
Unsplash photo of man in Macau, China, in face mask during the coronavirus outbreak.

TAIPEI, Taiwan (BRAIN) — Next month's Taipei Cycle Show will be held as scheduled, organizers announced, but visitors and exhibitors from mainland China will not be welcome. Organizers also said all workers at the show will be required to wear face masks. 

Tagged Taipei Cycle Show / Coronavirus / Tradeshows and conferences
ISPO Beijing has been canceled because of the outbreak.

(BRAIN) — Due to the spread of the coronavirus, Chinese businesses and government officials are extending the Lunar New Years holiday closing period until at least Feb. 8 in more regions, increasing the likelihood of bicycle shipment delays. 

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products' Minnesota Distribution Center resumed operations Wednesday following a trash compactor fire that forced it to close two weeks ago.

Tagged Distributor news
Outbreak might reduce participation at March's Taipei Cycle show
Hong Kong, where this photo was taken, has restricted travel to and from China.

MILTON KEYNES, United Kingdom (BRAIN) —The U.S. industry, which depends on China for about 95% of its bikes as well as many of its parts and accessories, is bracing for disruption due to the Coronavirus. The virus has sickened thousands in China and led to travel restrictions into and out of the country, as well as within it.

Tagged Coronavirus / Tradeshows and conferences

BOULDER, Colo. (BRAIN) — Jennifer Boldry, known as "Doc B" to industry friends, is leaving PeopleForBikes to rejoin NAXION, a market research consultancy. 

The homepage.

NEW YORK (BRAIN) — Haro Bicycle Corp. and a New York man have agreed to settle the man's lawsuit over the bike company's website.

PeopleForBikes will submit revisions to Gov. Andrew Cuomo's e-bike legislation.

NEW YORK (BRAIN) — Gov. Andrew Cuomo's proposed legislation to make e-bikes legal throughout the state is promising but needs amendments, according to PeopleForBikes.

Tagged Electric bike

CHICAGO (BRAIN) — Social Bicycles' lawsuit against the city's transportation department for renegotiating a share-bike contract with its rival and giving it exclusive rights to operate was dismissed Wednesday in U.S. District Court.

Tagged Bikeshare


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