Industry News

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.

LINCOLN, Neb. (BRAIN) — Factor Bikes and its parts and accessories subsidiary Black Inc. announced a round of funding from an investment group that includes professional cyclist Chris Froome. The amount of the investment was not disclosed.

PITTSBURGH (BRAIN) — Dick's Sporting Goods had another record earnings period, reporting net sales increased 20.7% year-over-year.

MONTEREY, Calif. (BRAIN) — The Sea Otter Classic will follow current local and state COVID-19 guidelines and not require masks during the open-air event.

LOS ANGELES (BRAIN) — Two months after entering the bike-sharing market, micromobility company Bird is now moving into the consumer e-bike market.

COLORADO SPRINGS, Colo. (BRAIN) — Hundreds of female athletes, including cyclists, are in fear for their lives in Afghanistan as the Taliban takes control of the nation.

MORGAN HILL, Calif. (BRAIN) — Specialized Bicycles will work with an Atlanta-based nonprofit organization to establish a program through retailers to collect used e-bike batteries to deliver to its recycling partner.

LAUSANNE, Switzerland (BRAIN) — The IRONMAN Group has acquired the multi-day cycling event series Haute Route and the Gravel Epic series, which Haute Route acquired earlier this year.

EUGENE, Ore. (BRAIN) — Outdoor brand Burley released a limited-edition collection of bags in collaboration with North St. Bags that are constructed with nearly 80% upcycled materials.