Industry News

TAIPEI (BRAIN) — Taiwan's Cabinet has approved a plan to end a stringent COVID-19 quarantine requirement that has discouraged foreign visitation. On Oct. 13, the country will likely lift the plan, which currently requires a three-day full quarantine followed by four days of mandatory health screening.

Tagged Coronavirus

CAVARZERE, Italy (BRAIN) — The Bottecchia bicycle company and local media are reporting that a large fire destroyed part of Bottecchia's production headquarters here on Sunday. On social media, the company said no employees were hurt and the extent of damage is still unknown.

CARLSBAD, Calif. (BRAIN) — The city recently took short-term measures in response to a 233% rise in collisions involving bikes and e-bikes in the past three years while it works to present a longer-term solution to the City Council on Tuesday.

WASHINGTON (BRAIN) — The U.S. Small Business Administration will host a free virtual forum for small businesses to improve their cybersecurity infrastructure.

FRANKFURT (BRAIN) — For the first time, Eurobike is offering exhibitors the option to attend only the event's three trade days and not the event's final two-day consumer bike festival.

Tagged Eurobike

LEXINGTON, Ky. (BRAIN) — Private equity firm MiddleGround Capital announced Tuesday that it acquired HLC. Terms of the deal were not disclosed.

Tagged Mergers, Acquisitions & Investments

TACHERTING, Germany (BRAIN) — PIERER Industrie AG has acquired a majority stake in the component brand Syntace and its bike brand, Liteville.

Tagged Mergers, Acquisitions & Investments

WASHINGTON (BRAIN) — The industry expressed disappointment that the Inflation Reduction Act leaves out an e-bike tax credit and other initiatives that were part of more ambitious but failed climate-change legislation earlier this year. But proponents won't stop advocating for federal subsidies and expanding those on the state level.

Tagged Electric bike / From the Magazine
Getty image

POW Bike is an initiative that seeks to get the bicycling community to vote for pro-climate candidates and the bike industry to use its economic leverage to push for a transition to renewable energies.

Some Spam is a good thing.

BOULDER, Colo. (BRAIN) — Due to a plague of spam in recent weeks, we've flipped the switch so that web comments on this site will appear only after a human has approved them.

Matt Moore. Photo credit: Johnny Woodside.

BOULDER, Colo. (BRAIN) — Matt Moore, who has been distributor QBP's general counsel since 2005, has joined the industry trade group PeopleForBikes in the same role.

Heiko Müller, Dr. Sandra Wolf, and Markus Riese.

DARMSTADT, Germany (BRAIN) — Markus Riese will step away from executive duties of e-bike manufacturer Riese & Müller and focus on innovation.

Tagged Electric bike
Francisco Cornelio.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: Describe your store's social media usage and how it’s changed since the pre-COVID period?

Tagged From the Magazine

GRAND RAPIDS, Mich. (BRAIN) — The trade and consumer event formerly known as Recumbent Cycle-Con has been renamed as Cycle-Con to reflect more openness to the conventional cycling community. The event will be held next month for the first time in two years because of COVID-related cancelations. 

Tagged Events / Consumer Expos and Rides
Austin Butler, photo released by Colorado AG office.

BOULDER, Colo. (BRAIN) — Austin Butler, 23, pleaded guilty to several felony accounts, including an organized crime charge.

AMSTERDAM (BRAIN) — Pon.Bike, owner of Cannondale, Cervelo, Santa Cruz, Gazelle and other brands, has announced plans to buy the Dutch e-bike brand Veloretti. Veloretti was founded 10 years ago and sells bikes consumer direct in Europe.

Tagged Electric bike / Mergers, Acquisitions & Investments
Supply-chain constraints limit sales; company opens new office in Taiwan.
Felt shared display space with Husqvarna at the Eurobike show in July.

Wels, AUSTRIA (BRAIN) — Pierer Mobility AG — the Austrian company that owns Felt Bicycle and the Husqvarna, GASGAS and R Raymon e-bike brands — said its sales of e-bikes were down 12% in the first half, partly due to supply chain constraints.

Tagged Electric bike / Earnings/Financial Reports

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products reduced its U.S. workforce by 6% on Wednesday, cutting jobs across all departments at its U.S. facilities.

The company said its U.S. and Canadian distribution centers remain fully operational.

DENVER (BRAIN) — Rob Wesson, a former vice president and general manager at Giro Sport Design, has joined Denver's Revved Industries as its president and CEO. Revved's former CEO, Ken Friedman, has moved to the company's Board of Directors.

PHILADELPHIA (BRAIN) — Bosch eBike Systems will conduct an hour-long session at next month's Philly Bike Expo, aimed at dealers, consumers and other industry members.

Tagged Retailer education / Electric bike / Events / Consumer Expos and Rides


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