Industry News
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.
SEATTLE (BRAIN) — The King County Board of Health repealed a 29-year-old mandatory bike helmet law Thursday, citing evidence of racial and anti-homeless bias in its enforcement.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.
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.
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.
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.
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.
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.
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.
AUSTIN, Texas (BRAIN) — London-based private equity group Inflexion has signed a definitive agreement to acquire enviolo Inc., the maker of stepless gear drivetrain components used primarily on e-bikes.
SACRAMENTO (BRAIN) — The group of trail and forest advocates settled its federal lawsuit filed in 2019 against the U.S. Forest Service, whom it said allowed Class 1 e-bikes on non-motorized trails in the Tahoe National Forest without conducting a public study.
STOCKHOLM (BRAIN) — Thule Group's fourth-quarter net sales increased 15% year-over-year, with 2021 net sales rising 32.7%, despite rising costs for raw materials, freight prices, and COVID-19 employee absenteeism.
WASHINGTON (BRAIN) — Bike imports continued to skyrocket last year, as the industry brought in bikes with a customs value of $1.96 billion, a record that is 40% higher than in 2020.
NEW YORK (BRAIN) — Peloton Interactive on Tuesday announced that its revenues grew 6% in its recently completed second quarter, to $1.1 billion; the company recorded a net loss for the quarter of $439.4 million but could point to a 66% increase in Connected Fitness Subscriptions and a 26% increase in recorded worko
BOULDER, Colo. (BRAIN) — VeloNews has appointed Daniel Benson as its new editor-In-chief. Benson brings a background rich in cycling storytelling and over two decades of global media experience, the title said.
OSAKA, Japan (BRAIN) — In the year the company celebrated its 100th anniversary, Shimano Inc.’s sales and operating income hit an all-time record, driven primarily by its business in the bike industry.
Company-wide, Shimano's sales last year were up 44.6% over 2020, while operating income was up 79.3%.
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