Industry News
NORTHVALE, N.J. (BRAIN) — Prosecutors say a suspect is in custody and a homicide investigation is underway after a body was found at the Jamis/G. Joannou Cycle headquarters here.
OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products.
Shimano said it increased production during the period and that its new 12-speed Dura-Ace and Ultegra groups "were enormously well-received by customers."
WILTON, Conn. (BRAIN) — Dorel Sports General Manager Nick Hage said plans to bring Cannondale assembly back to the U.S. actually began a couple of years ago, and with supply-chain constraints currently hampering the industry, the timing of the announcement couldn't be better.
RINCON, Ga. (BRAIN) — In a move to ease supply chain constraints, Cycling Sports Group is opening a bike assembly facility in this community outside Savannah.
BATON ROUGE, La. (BRAIN) — Baseball and softball equipment manufacturer Marucci Sports announced Monday it has acquired Lizard Skins. Terms were not disclosed.
BOULDER, Colo. (BRAIN) — The driver who struck industry communications professional Andrew Bernstein in 2019 pleaded guilty to reduced charges on Friday and was sentenced to two years in prison.
OSAKA, Japan (BRAIN) — Shimano says a website that appears to be offering clearance Shimano bike and fishing gearing is not legitimate.
The company said consumers should beware of shimano-clearance (dot) store.
STOCKHOLM (BRAIN) — Thule Group's net sales increased 13.8% year-over-year in the third quarter in part because of fulfilling demand despite a tangled global supply chain, the company said.
BOULDER, Colo. (BRAIN) — The driver involved in the hit-and-run collision that seriously injured an industry veteran while cycling is expected to receive a stipulated sentence of two years in prison, mandatory parole, and restitution when he is arraigned Friday.
NEWPORT, Calif. (BRAIN) — Don DiCostanzo, the founder and CEO of the e-bike company Pedego, traveled with actor William Shatner on his way to Shatner's recent space flight aboard Jeff Bezos' Blue Origin rocket.
PORT WASHINGTON, N.Y. (BRAIN) — A global private equity firm is in the process of acquiring The NPD Group, which provides market research and analytics to industries and clients worldwide including the U.S. bike industry.
BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: Which in-person trade shows and dealer events will you attend this year, and how relevant are these events to you in the post-COVID, post-Interbike world?
Quirk is the founder of Competitive Cyclist and former head of Rapha North America and Allied Cycle Works.
Manufacturers and brands are re-thinking box designs to make it easier for consumers to unpack and assemble a new bicycle. A look at recent patents from Trek, Giant and Canyon.
MONTEREY, Calif. (BRAIN) — There was a buzz around the Bimotal booth last Thursday at the Sea Otter Classic, and it wasn't just coming from the revving of converted e-bikes on stands.
AMSTERDAM (BRAIN) — Dutch company VanMoof revealed details of next year's release of an e-bike capable of 37 mph but with integrated maximum speed limits tuned to a country's regulations.
SACRAMENTO, Calif. (BRAIN) — California's Gov. Gavin Newsom has vetoed bills that would have allowed cyclists to treat stop signs like yields and repealed jaywalking laws. Both bills were supported by bike and pedestrian advocacy groups including CalBike.
MONTEREY, Calif. (BRAIN) — Congressman Jimmy Panetta (D-Calif.) attended the Sea Otter Classic on Friday to count down the start of the e-bike race, but he also took time to recount the progress of the E-BIKE Act to establish a more affordable transportation option.
MONTREAL (BRAIN) — Dorel Industries has agreed to sell Dorel Sports to Pon Holdings for $810 million in cash.
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