Industry News

TUCSON, Ariz. (BRAIN) — The Bicycle Tourism Network's board has decided to cancel its planned 2022 and 2023 Bicycle Tourism Conference events and to "postpone indefinitely" holding any future conferences.

Tagged National Bicycle Tourism Conference

HOYA, Germany (BRAIN) — Hermann Hartje KG announced Tuesday it has expanded its Mavic distribution to Sweden. This comes a year after it expanded into Denmark and the Benelux countries.

Tagged Distributor news

WESTPORT, Conn. (BRAIN) — Compass Diversified, the parent of BOA Technologies and Lizard Skins, among other brands, is reporting record fourth quarter and annual sales figures. The company's Q4 sales were $536.6 million and full-year 2021 revenues were $1.842 billion.

Tagged Earnings/Financial Reports

DENVER (BRAIN) — Alchemy Bikes reported the theft of two high-end bikes from its showroom here that are collectively valued at $20,500.

KENT, United Kingdom (BRAIN) — Brompton announced plans Friday for a new global headquarters to be completed in 2027 in the town of Ashford in Kent as the UK's largest bike manufacturer aims to produce more than 200,000 bikes yearly.

Tagged DEI and Sustainability

DULUTH, Ga. (BRAIN) — Fox Factory executives said all orders for its OE bike products are pre-booked for 2022 and they expect no letup in demand until next year or beyond.

Fox announced Thursday that its revenues last year hit $1.3 billion, a company record and a 45.9% increase over its 2020 sales.

Tagged Supply chain / Earnings/Financial Reports
The building during its Gem City Ice Cream era.

DAYTON, Ohio (BRAIN) — When Matthew Tepper enters Dayton’s West Third Street Historic District, he looks for a two-story brick building as a waypoint. If it’s demolished, he says, its absence would completely alter the neighborhood’s cornerstone and historical context.

We want to include your Sea Otter activations in the official festival guide.

BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News is once again preparing the official event guide for the Sea Otter Classic. The Guide is a consumer-facing publication distributed at the festival and shared digitally with BRAIN subscribers and the readers of Outside's other cycling titles.

Tagged BRAIN News / Sea Otter Classic

SEATTLE (BRAIN) — The King County Board of Health repealed a 29-year-old mandatory bike helmet law Thursday, citing evidence of racial and anti-homeless bias in its enforcement.

PORTLAND, Ore. (BRAIN) — According to Bryan Hance, it's common in this environmentally conscious and cycling-friendly city for families to trade their vehicle for e-bikes. But if those e-bikes are stolen, it has a chilling effect on the city's bicycling culture.

Tagged Electric bike

LOUISVILLE, Colo. (BRAIN) — Because it deals exclusively with pre-owned bikes, e-commerce seller The Pro's Closet remains up to date on the latest bike theft trends. But even it was taken aback by the uncovering of a Mexican Facebook Marketplace seller's stolen bike enterprise.

CHICAGO (BRAIN) — When a smash-and-grab or individual theft occurs with its registered bikes, Bike Index recommends first filing a police report, but co-founder Bryan Hance and Executive Director Craig Dalton said relying exclusively on law enforcement for recovery often isn't enough.

Mexican stolen bike study raises bike registration group's stature.

CHICAGO (BRAIN) — Bike Index began nearly a decade ago with a modest goal: registering bikes into a database to increase the chances of recovery if stolen. It completed its eighth year in 2021 by accomplishing something bigger.

Tagged From the Magazine

GRAND RAPIDS, Mich. (BRAIN) —  A U.S District Court judge has dismissed a case that a mobile game app maker had filed against Trek Bicycle after Trek challenged the game maker’s trademark registration.

OLATHE, Kan. (BRAIN) — Garmin Ltd. reported record revenue for the year and in the fourth quarter despite flat fitness sales that include cycling products.

Tagged Earnings/Financial Reports

EASTON, Pa. (BRAIN) — Roam Investment Group, led by former Allied Cycle Works COO Paul Jarrell, has acquired Speedsleev, the maker of minimalist saddle bags and handlebar bags.

Tagged Mergers, Acquisitions & Investments
John Porter.

SAN FRANCISCO (BRAIN) — John Porter, the former owner and president of The Merry Sales Co. died Friday at 94.

AMSTERDAM (BRAIN) — Peter Woods has stepped down as president and CEO of Dorel Sports, which last month was officially acquired by Pon Holdings.

STUTTGART (BRAIN) — Porsche announced Thursday plans to acquire a 20% stake in the German e-bike drive system manufacturer Fazua GmbH and also will partner with Pon Holdings' Ponooc Investment B.V.

Tagged Mergers, Acquisitions & Investments

STOCKHOLM (BRAIN) — MIPS' Sports category continued to drive sales, with bike and snow helmets helping the technology company increase fourth-quarter year-over-year net sales 41% and 67% for the year.

Tagged Earnings/Financial Reports

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