Industry News

TAIPEI, Taiwan (BRAIN) — Bryton, a Taiwan-based GPS cycle computer brand, has hired industry veteran Thomas Prehn to help build the brand in North America.

MILWAUKEE (BRAIN) — Harley-Davidson Inc. has acquired StaCyc Inc., a producer of electric balance bikes for kids. 

Tagged Electric bike / Mergers & Acquisitions
Photo of Cunningham copyright Wende Cragg, Rolling Dinosaur Archive.

FAIRFAX, Calif. (BRAIN) — On Saturday, March 23 the Marin Museum of Bicycling will host a benefit to support mountain bike pioneer Charlie Cunningham. Cunningham had a tumble from his bike in 2016 and remains in treatment for severe complications suffered during his recovery. 

NEW YORK (BRAIN) — Erik Buell, one of the best known names in motorcycle technology, is launching a new brand that will offer an e-bike and electric motorcycle as its first products. 

Tagged Electric bike

LEVIS, Québec (BRAIN) — HLC has named new directors of sales and marketing for the U.S. and Canada. The distributor, previously called Hawley-Lambert, said it is working to establish a more "country-specific" focus.

Tagged Distributor news

LOUISVILLE, Colo. (BRAIN) — The Flagg family, which owns SmartEtailing and is led by QBP founder Steve Flagg and his wife, Mary Henrickson, has purchased Wheels Manufacturing, a U.S. manufacturer of service and repair parts.

Tagged Distributor news / Mergers & Acquisitions

CHEYENNE, Wyo. (BRAIN) — On Tuesday afternoon, Wyoming Gov. Mark Gordon signed legislation that recognizes electric bikes as bicycles and enables e-bike riders to enjoy the same paths and trails as other bicycle riders in Wyoming.

Tagged Electric bike / Advocacy/Non-profits

BROOKLYN, N.Y. (BRAIN) — You can't buy one (not a new one, anyway), but New Belgium Brewery's cruisers are some of the most popular and visible bikes in the country. 

WASHINGTON (BRAIN) — Legislation that would permanently fund the Land and Water Conservation Fund and protect national parks from nearby mining, among other thing, has passed the U.S. House and Senate and is expected to be signed by President Donald Trump.

Was it you?

BOULDER, Colo. (BRAIN) — On occasion, industry data gets so granular — or so small — that you can speculate about the identity of the companies and retailers behind the numbers. For example, in January, one U.S. wholesaler sold one 26-inch dual suspension mountain bike to a customer, for $499 wholesale.

For the first time in several years, bike-related sales accounted for less than half of the company's revenues in 2018.

BRASELTON, Ga. (BRAIN) — Sales in Fox Factory's Specialty Sports Group — which comprises the company's bicycle brands: Fox and Marzocchi suspension, RaceFace and Easton Cycling — grew 14.9 percent last year, to $282 million, according to an earnings report Tuesday.

Tagged Earnings/Financial Reports

TWITTERVERSE (BRAIN) — According to tweets sent out from the account of President Donald Trump on Sunday, the U.S. will delay an increase in tariff rates on Chinese goods, initially set to happen on March 1.

Tagged Tariffs
Company expects Tacx acquisition to boost fitness sales in 2019.

OLATHE, Kan. (BRAIN) — Garmin Ltd. on Wednesday reported a 4 percent jump in fourth-quarter revenue, to $932 million, as the company's aviation, marine, outdoor and fitness businesses grew a collective 13 percent compared with a year earlier. Revenue for the full year rose 7 percent to $3.35 billion.

Tagged Earnings/Financial Reports

BENTONVILLE, Ark. (BRAIN) — This community, which already has hosted an IMBA World Summit, Outerbike and other bike events, will be home to the new Innovation Cycles Festival in mid-September. "Think of it as Ted Talks for the e-bike industry," said event organizer Nat Ross.

Tagged Electric bike / Events
Company will transition exclusively dealer direct sales this year.

CHARLOTTE, N.C. (BRAIN) — Kask America began selling direct to U.S. and Canadian dealers on Jan. 1 and will continue sales through its existing distributors through early spring as it transitions to an exclusively dealer-direct model.

BOULDER, Colo. (BRAIN) — Pocket Outdoor Media, LLC, the owner of Bicycle Retailer & Industry News, is seeking a driven, proactive and detail-oriented managing editor to join our team in Boulder.

Company is relaunching with warehouses full of in-season products that were held back from the ASE bankruptcy liquidation sales.

PHILADELPHIA (BRAIN) — Advanced Sports Inc., the distribution arm of Advanced Sports Enterprises, is now ready to return to full-scale business, selling Fuji, Kestrel, Breezer, SE Bikes and its other brands to U.S. retailers.

Tagged ASE Bankruptcy
Crowdsourcing campaign results in the new bike brand's name: ARĪV.

DETROIT (BRAIN) — General Motors is now accepting preorders in three European countries for its new e-bike line. The company also announced the results of its crowdfunding contest to give the bikes a brand name; the new name is ARĪV. The ARĪV line includes two models.

Tagged Electric bike

SCHAUMBURG, Ill. (BRAIN) — The Chicagoland Area Bicycle Dealers Association will continue to expand its reach far from the shores of Lake Michigan in the next 12 months.

CABDA's Midwest show closed Thursday and organizers announced two new venues for its next season.

Tagged CABDA

BROOKLYN, N.Y. (BRAIN) — Industry associations continue to lobby against the 25 percent tariffs imposed on Chinese-made electric bikes and motors. But many suppliers and retailers say most premium brands typically sold at IBDs are not affected, since these bikes don’t come from China.

Tagged Electric bike / From the Magazine

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