Industry News
TOKYO (BRAIN) — The International Olympic Committee, the Tokyo 2020 Organising Committee and other stakeholders have announced new dates for the Games of the XXXII Olympiad: July 23-Aug, 8, 2021. They also announced new dates for the Paralympic Games, which will be celebrated from Aug. 24-Sept. 5, 2021.
LOS ANGELES (BRAIN) — Uber Technologies Inc. filed a lawsuit against the Los Angeles Department of Transportation over the sharing of real-time location data of its JUMP e-bike and scooter riders.
CHICAGO (BRAIN) — Industry suppliers are offering new fulfillment programs helping retailers maintain some revenue and connections with their community during the COVID-19 pandemic.
BOULDER, Colo. (BRAIN) — On Friday Congress approved and the president signed a $2 Trillion stimulus package into law. PeopleForBikes plans a webinar next week to explain what it could mean to retailers and other members of the bike industry.
FLETCHER, N.C. (BRAIN) — Component manufacturer Cane Creek has suspended operations through April 10 because of the COVID-19 pandemic.
Taiwan operations will continue normally, according to a Cane Creek news release.
SANTA FE, N.M. (BRAIN) — Bicycle Technologies, Inc. will shut down operations at the end of the day Friday due to the COVID-19 pandemic.
BERGAMO, Italy (BRAIN) — 3T Cycling is the latest bike company to reveal that it has converted its factory to make devices for the medical industry. The Italian brand is running its 3D printer 24 hours a day to make a valve part for a ventilator mask.
GRAND JUNCTION, Colo. (BRAIN) — While officials in many regions are restricting travel and other activities due to the COVID-19 pandemic, some are questioning the legality of some orders that affect outdoor activities on public lands.
NEW YORK (BRAIN) — Advance, the owner of Condé Nast and other media properties, has entered a definitive stock purchase agreement with Wanda Sports Group Company Limited to buy The Ironman Group.
NEW YORK (BRAIN) — As part of its LyftUp initiative, Lyft will provide free access to its bike-share programs in three metropolitan cities for health-care workers during the COVID-19 pandemic.
CAPE TOWN, South Africa (BRAIN) — Protective gear manufacturer Leatt Corp. recorded a 16% increase in revenue for 2019 and a fourth-quarter rise of 32% year-over-year in financial results released through Dec. 31, 2019.
HEERENVEEN, Netherlands (BRAIN) — Accell Group said it has withdrawn a proposed dividend of 0.30 euros ($0.33) per share as part of its response to the COVID-19 pandemic.
SAN DIEGO (BRAIN) — De Soto Sport — makers of multisport clothing, wetsuits and accessories for triathletes — began manufacturing personal protective equipment this week, joining many other cycling and cycling clothing suppliers during the COVID-19 pandemic.
HAYWARD, Calif. (BRAIN) — Panaracer says it will honor commitments made to events this year, even if they are not held because of the COVID-19 pandemic.
The tire company was set to sponsor and/or exhibit at more than 30 events this year, in North America and Europe.
GRAND JUNCTION, Colo. (BRAIN) — Rack and accessory brand RockyMounts is shutting down its operations here due to the COVID-19 pandemic's effect on business.
FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike organizers said in an email Wednesday they are preparing to hold the trade show and media events leading up to it as originally planned on Sept. 2-5 despite the COVID-19 pandemic.
However, uncertainty as to when the pandemic will end could change those plans.
TOKYO (BRAIN) — The 2020 Summer Olympics in Tokyo will be postponed due to the coronavirus pandemic.
ASHEVILLE, N.C. (BRAIN) — When trying to help during the COVID-19 pandemic, the last obstacle a company wants to encounter is red tape. Yet, that's what Industry Nine has in front of it.
OLD FORT, N.C. (BRAIN) — Kitsbow Cycling Apparel told its employees after moving from California that job duties constantly would evolve to reflect an ever-changing product line.
Three months and one pandemic later, have they ever.
LONDON (BRAIN) — Nutrition company Science in Sport reported a 24% increase in group revenue for 2019, in part thanks to the addition of PhD Nutrition, which SiS acquired in December 2018.
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