Industry News
TAICHUNG, Taiwan (BRAIN) — Because of the novel coronavirus outbreak in China, Giant Group has postponed a grand opening media event at its new headquarters building.
SALT LAKE CITY (BRAIN) — Organizers of the Big Gear Show, a bike-paddlesport-outdoor hardgoods show planned for July, have announced a program that will reimburse retailers up to $450 for lodging costs at the show.
NEW YORK (BRAIN) — Connected stationary fitness bike brand Peloton Interactive reported revenue of $466.3 million in its second quarter — 77% up from the same quarter last year, but less than the 103% year-over-year growth it reported last quarter.
LOS ANGELES (BRAIN) — A district court judge has denied BMXer Ryan Guettler’s request for an injunction that would prevent Walmart and Hyper BMX from selling products with his likeness.
TAIPEI (BRAIN) — The welcoming dinner, hosted by the Velo saddle company, Wellgo pedal and Prologo, has been canceled. The show is surveying registered visitors to see if they still plan to attend.
SEATTLE (BRAIN) — The company said it will use the funding to support new brick and mortar retail locations, and to expand its mobile service and "white glove" delivery offerings.
TAIPEI, Taiwan (BRAIN) — Taiwan-based exhibitors at the Taipei Cycle show — scheduled to open a month from Tuesday — are circulating a petition asking organizers to cancel it because of the new coronavirus outbreak in China.
TORRANCE, Calif. (BRAIN) — Pioneer Cycle Sports will cease production of power meters, cycling computers, and pedal monitoring as of March 31 and transfer some assets of its Cycle Sports business to Shimano.
ST. PAUL, Minn. (BRAIN) — Benita Warns. the co-owner of Midway Bicycle Supply, appears on the newest episode of the Outspoken Cyclist, a podcast hosted by former retailer Diane Jenks.
DURANGO, Colo. (BRAIN) — Machines for Freedom's founder, Jennifer Kriske, is Kristin Carpenter's latest guest on the Channel Mastery podcast.
DENVER (BRAIN) — Challenge Tires rolled out its new North American focus at QBP's FrostBike event here last week. The tire brand has hired industry veteran Chris Clinton as their North American Director.
WASHINGTON (BRAIN) — The Trump administration has announced additional Chinese tariff exclusions for some bike-related products.
SUZHOU, China (BRAIN) — Bafang, one of the world's largest e-bike drive system manufacturers, has announced that it is extending delivery lead times by at least 10-15 days because of the coronavirus outbreak.
MIAMI (BRAIN) — Jeep showed an upcoming e-bike model Sunday in a Super Bowl ad featuring Bill Murray.
TAIPEI, Taiwan (BRAIN) — Next month's Taipei Cycle Show will be held as scheduled, organizers announced, but visitors and exhibitors from mainland China will not be welcome. Organizers also said all workers at the show will be required to wear face masks.
(BRAIN) — Due to the spread of the coronavirus, Chinese businesses and government officials are extending the Lunar New Years holiday closing period until at least Feb. 8 in more regions, increasing the likelihood of bicycle shipment delays.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products' Minnesota Distribution Center resumed operations Wednesday following a trash compactor fire that forced it to close two weeks ago.
MILTON KEYNES, United Kingdom (BRAIN) —The U.S. industry, which depends on China for about 95% of its bikes as well as many of its parts and accessories, is bracing for disruption due to the Coronavirus. The virus has sickened thousands in China and led to travel restrictions into and out of the country, as well as within it.
BOULDER, Colo. (BRAIN) — Jennifer Boldry, known as "Doc B" to industry friends, is leaving PeopleForBikes to rejoin NAXION, a market research consultancy.
NEW YORK (BRAIN) — Haro Bicycle Corp. and a New York man have agreed to settle the man's lawsuit over the bike company's website.
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