Industry News

BELLINGHAM, Wash. (BRAIN) — Boutique mountain bike manufacturer Canfield Brothers rebranded as Canfield Bikes and will manufacture new bikes that will be available early next year.

Ross was to New York what Schwinn was to Chicago.
A Ross Bicycles ad from the 1980s.

For decades, Ross was the third-best-known brand in the U.S. bicycles, behind Schwinn and Huffy, and slotted between those two in volume, price point, and distribution channels.

Steven Goldmeier (left) with Alex, Alex's college friend, his mom Debbie, and his sister Julie (far right)

NEW YORK (BRAIN) — On President's Day weekend last year, the Goldmeier family got news that changed it forever.

Julie Ann Pedalino of Pedalino Bikes won the Expo's People's Choice award.

PHILADELPHIA (BRAIN) — Nearly 5,000 people attended last weekend's 10th annual Philadelphia Bike Expo that featured 200 vendors.

Tagged Consumer Expos and Rides

CHICAGO (BRAIN) — Organizers of the CABDA trade shows are planning an industry summit event to be held at Florida's Disney World Resort in early November next year. 

NEW YORK (BRAIN) — Peloton's subscription revenue increased 103% in its first quarter as a public company, compared to the same quarter last year, the company reported Tuesday.

Tagged Earnings/Financial Reports
Following the release of a sobering bike fatality report, the federal board discussed countermeasures at a hearing Tuesday.
Photo by Ross Sneddon on Unsplash

WASHINGTON (BRAIN) — The National Transportation Safety Board on Tuesday adopted an amendment recommending all 50 states pass laws requiring bicyclists of all ages to wear helmets.

MADRID (BRAIN) —Trainer and software brand Bkool has sold its hardware rights to a fellow Spanish indoor training company, Versa design, which markets the Zycle brand of trainers. Versa will rebrand the BKool trainers under the Zycle brand while BKool focuses on its cycling simulation software business. 

Tagged Mergers, Acquisitions & Investments

LOS ANGELES (BRAIN) — Uber Technologies Inc. is threatening legal action against the Los Angeles Department of Transportation because of a disagreement over the sharing of real-time location data of its JUMP e-bike and scooter riders.

Screenshot of Haro's RideDelSol.com site.

VISTA, Calif. (BRAIN) — Haro Bicycle Corp. is one of thousands of companies dealing with lawsuits over their websites' compliance with the Americans With Disabilities Act.

Tagged Lawsuits/legal
Photo from Customsnews.vn.

BINH DUONG, Vietnam (BRAIN) — Vietnam customs officials have seized a shipment of 313 bikes that was bound for the U.S., charging that the exporter had improperly labeled the bikes as “Made in Vietnam” to avoid U.S. tariffs on Chinese bikes. 

BRASELTON, Ga. (BRAIN) — Fox Factory's sales through its bike brands — Fox suspension, Marzocchi, RaceFace and Easton — were up 4.6% for the first three quarters this year, and up 0.5% in the third quarter, which ended Sept. 27.

Tagged Earnings/Financial Reports
Garmin is now distributing products from Tacx, which it bought earlier this year.

OLATHE, Kan. (BRAIN) — Garmin Ltd. reported Wednesday that third-quarter revenue increased 15% over the prior year's quarter with its fitness sales — boosted by the Tacx acquisition — growing 28%.

Tagged Earnings/Financial Reports
Program proceeds will be used for cycling program grants.

SACRAMENTO, Calif. (BRAIN) — In a partnership between public, private and non-profit organizations, the California Department of Motor Vehicles has begun accepting pre-orders for the state's first speciality plate focused on bicycle use.

Exeger founder Giovanni Fili with a wireless-headphone sized solar cell.

PARK CITY, Utah (BRAIN) — POC is working with a Swedish startup tech company to develop smart helmets that charge themselves via a new material that converts light energy — from solar or artificial sources — to an electric charge. The companies said they plan to deliver the helmets in 2020. 

The Austrian company held off opening U.S. distribution until it developed enough capacity to serve the European market.

PHILADELPHIA (BRAIN) — This weekend's Philly Bike Expo will include about 200 exhibitors — many of whom are promising new product launches at the event, which organizers are billing as a hybrid consumer/trade show.

Tagged Consumer Expos and Rides

BOULDER, Colo. (BRAIN) — VeloSwap, billed as the world’s largest bike expo, is returning to Denver this Saturday, Nov. 2 to celebrate its 30th year.

OSAKA, Japan (BRAIN) — Shimano is reporting that sales in its bike division were up 6.3% in the first three quarters of this year, compared to the same period last year.

Tagged Earnings/Financial Reports
A Marin Bikes employee camps out in the office parking lot.

PETALUMA, Calif. (BRAIN) — While 16 wildfires have burned more than 94,000 acres across California this fall, bicycle manufacturing structures have escaped harm so far. But some industry and retail employees have been affected as of Monday.

Tagged Distributor news

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