Industry News

High-end road brand continues sales through IBDs as well.

LINCOLN, Neb. (BRAIN) — Factor Bikes has begun a "hybrid" model of selling direct to consumers and through bike shops in the U.S. The company's U.S. office in Nebraska is handling the direct sales.

Tagged Omnichannel

WASHINGTON (BRAIN) — Public comment periods begin ending Monday, June 8, for the U.S. Department of Interior's policy proposal to regulate e-bikes as traditional bikes on non-motorized lands.

Tagged Electric bike / Advocacy/Non-profits

WASHINGTON (BRAIN) — The Small Business Administration announced Monday modifications to the Paycheck Protection Program to make it easier to qualify for loan forgiveness as businesses attempt to recover from the hardship of the COVID-19 pandemic.

In Seattle and elsewhere cyclists help support participants and create safe space.
Photo: Paul Tolmé

SEATTLE (BRAIN) — They call it "mirroring," creating lines of bikes that mirror the police lines and create a buffer zone.

NAHBS considering four cities for its next show, to be held in September 2021. Outerbike still plans fall events.

DALLAS (BRAIN) — Organizers of the North American Handmade Bicycle Show announced Friday that they were canceling the show, which had been scheduled for Dallas in August.

Tagged Coronavirus / Events / Consumer Expos and Rides / North American Handmade Bicycle Show

CHAVANOD, France (BRAIN) — Groupe Rossignol has announced the sale of the TIME bike and pedal business to WhaTTfornow, a four-year-old e-bike brand.

Tagged Mergers & Acquisitions
The LAB applauds the bill's safety and accessibility measures.

WASHINGTON (BRAIN) — The U.S. House Transportation Committee has released a draft of its transportation reauthorization bill, which contains $6.3 billion for biking and walking infrastructure, as well as safety and accessibility measures that cycling advocates are applauding. 

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the ASEANBIKE 2020 show have announced they have postponed the inaugural event until sometime next year.  Messe Friedrichshafen, the owner of the Eurobike show, had partnered with .C.C.

CEO predicts health and fitness will be more important after the pandemic.
Dick's first quarter net sales decreased 30.6%.

PITTSBURGH (BRAIN) — Temporary store closures because of the COVID-19 pandemic led to Dick’s Sporting Goods’ net sales dropping 30.6% in the first quarter year-over-year for the quarter ending May 2.

Tagged Coronavirus / Earnings/Financial Reports

OSAKA, Japan (BRAIN) — Most publicly-traded bike companies' stock prices have seen a rebound since the pandemic, but Shimano's stock has rebounded and then some.

Chad Burnett died in police custody on May 24. Photo from ChazProBikeFit.com

COLORADO SPRINGS, Colo. (BRAIN) — A former Colorado Cyclist product line manager died after a confrontation with police responding to a neighborhood disturbance call on May 24.

Guerrilla Gravity had its best month ever in April.

DENVER (BRAIN) — Guerrilla Gravity has defied the gravity of the current economic state with sales volume and dollars up at a time when the demand for high-end bikes is down.

Tagged From the Magazine
Uber sent unwanted e-bikes and e-scooters to a scrap yard.

SAN FRANCISCO (BRAIN) — Uber is under fire from cycling advocates about shipping unwanted e-bikes and e-scooters to a scrap yard amid a bike shortage brought on by the COVID-19 pandemic.

The Peugeot LR01 Road is part of the brand's Legend line.

MONTRÉAL (BRAIN) — Quantum, a Montréal-based e-bike retailer and manufacturer, is now distributing Peugeot bikes in Canada, where the brand has been unavailable for about 20 years.

WASHINGTON (BRAIN) — The Trump administration has granted MonkeyLectric LLC an exclusion from Section 301 tariffs for its China-made battery pack.

Tagged Tariffs
The new Schwinn Collegiate, built in Detroit.

DETROIT (BRAIN) — While Detroit Bikes announced last week that they will build 500 Schwinn Collegiate 125th Anniversary bikes for Walmart in partnership with Pacific Cycle, owner Zak Pashak has built production capacity and momentum for almost a decade.

The front cover of Cycling Through the Pandemic: What's Next?

BATH, United Kingdom (BRAIN) — The pandemic has brought millions of new cyclists into the sport, and how to retain those riders in the sport is on the minds of many. But what about our pre-existing consumers who were cycling enthusiasts before the pandemic? How have their habits changed and what will they need from retailers and suppliers after this is all over?

Tagged Coronavirus

DURANGO, Colo. (BRAIN) — Marketing expert Kristin Carpenter hosted a live presentation on BRAIN's Facebook page Wednesday. A recorded video is now available.

PORTLAND, Ore. (BRAIN) — King Cycle Group, Inc. has become the first industry manufacturer to become a Certified B Corporation, meaning it’s “a purpose-driven business seeking to benefit all stakeholders, not just shareholders.”

THOUSAND OAKS, Calif. (BRAIN) — Human Powered Solutions LLC is launching a three-part consumer survey that will examine attitudes and intentions regarding bikes through the next year.

Tagged Coronavirus

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