Industry News

HUTTWIL, Switzerland (BRAIN) — FLYER will begin distributing its e-bikes in North America after developing and selling models in Europe for 25 years. It's looking for dealer partners in the U.S. and Canada to begin distribution next spring.

BANG PU, Thailand (BRAIN) — The Vittoria Group will invest $20 million into building the world's first carbon-neutral bicycle tire facility that will open at the end of next year.
KOBLENZ, Germany (BRAIN) — Armin Landgraf will step down as Canyon Bicycles CEO at the end of the month, and Chief Financial Officer Winfried Rapp will assume the role on an interim basis.
Landgraf cited personal reasons for his resignation. He will remain a Canyon consultant until the end of the year.

BOULDER, Colo. (BRAIN) — PeopleForBikes started a campaign to fight climate change that includes three individual challenges on its ride-tracking app to encourage bike commuting.

BRUGES, Belgium (BRAIN) — Meeting here during the Road World Championships this week, the Management Committee of the Union Cycliste Internationale announced a number of decisions. They include the creation of a UCI Gravel World Series and a Gravel World Championships event.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: What are your thoughts about click-and-collect, omnichannel sales, and brands that sell directly to consumers?

COTATI, Calif. (BRAIN) — Yuba Bicycles is relocating its headquarters from Cotati, California, which is in Sonoma County, to a new location in San Juan Capistrano, which is in Orange County. The move is expected to be completed by the end of October.

WASHINGTON (BRAIN) — While Congress continues to debate the reconciliation bill that includes making e-bikes more affordable and bike commuting safer, two bicycle organizations are asking for the industry's help after the e-bike tax credit was cut in half Wednesday by the House Ways and Means Committee.

BOULDER, Colo. (BRAIN) — The third annual E-Bike Future Conference will be held Oct. 11-15 and feature 30-plus entrepreneurs and e-bike business representatives.

CANTON, Mass. (BRAIN) — With e-bike demand increasing, Kryptonite has created an online and in-store retail display guide to help customers understand the importance of security with theft on the rise.
CENTRAL ISLIP, N.Y. (BRAIN) — Bike industry veterans Steven and Allen Goldmeier pleaded guilty Wednesday to hoarding surgical masks and selling them at "exorbitant" prices to the State of Oklahoma.

FRIEDRICHSHAFEN, Germany (BRAIN) — On Saturday, Eurobike wrapped up its final show here at the Messe Friedrichshafen, counting a total of 18,770 trade visitors and 13,424 consumers.

BENTONVILLE, Ark. (BRAIN) — The Cycle of Influence Summit has been postponed until next year because of COVID-19 Delta variant concerns. New dates will be announced later this year.

AMSTERDAM (BRAIN) — Dutch e-bike manufacturer VanMoof announced a $128 million Series C minority investment led by an Asia-based private equity firm.

MIAMISBURG, Ohio — Since 2019, VAAST Bikes has prioritized environmental responsibility, so it's no surprise that its first e-bike will be manufactured with emphasis on sustainably sourced materials and packaged without plastic.

AIGLE, Switzerland (BRAIN) — The Italian Professional Cyclists Association has announced that six female Afgan cyclists, along with a male athlete and some family members, arrived in Rome on Italian Air Force plane.

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike will open Wednesday for the first time since 2019 after the COVID-19 pandemic forced the cancellation of last year's in-person event.

NEW YORK (BRAIN) — Peloton Interactive's fourth-quarter revenue grew 54% over last year's final quarter, to $937 million, as the company's fiscal year revenues topped $4 billion for the first time.

KIRKLAND, Wash. (BRAIN) — Gerard Cycles is a road bike brand with a story.
The eight-year-old brand run out of Washington was founded by John Gerard Sheehan, an Irish-born ex-pro who can share stories about racing on the Continent and elsewhere with the likes of LeMond, Roche, and Kelly, back in the day.
MOUNT SHASTA, Calif. (BRAIN) — Organizers have canceled the Grinduro California gravel event for this year because of fire conditions in the National Forest where much of the event is held. The event had been scheduled for Sept. 18.