News

Posted March 14, 2024

PITTSBURGH (BRAIN) — Dick's Sporting Goods' fourth-quarter sales were the largest in its history while its full-year net sales increased 5% over 2022.

Posted March 13, 2024

TAICHUNG, Taiwan (BRAIN) — On Wednesday, Giant Group's board approved its full 2023 financial report, which shows consolidated sales of NT$76.95 billion ($2.44), an annual decline of 16.4%.

Posted March 13, 2024

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported year-over-year revenue declines for 2023 (38%) and the fourth quarter (10%), but CEO Sean Macdonald said the cycling and motorcycle protective brand sees better days ahead.

Posted March 12, 2024
Audrey and Mark Sze-To.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: What are the market forces that you feel are most out of your control? What resources or training help you manage?

Posted March 11, 2024

The 2023 import numbers are in, and they tell an eye-opening story

Posted March 7, 2024

WASHINGTON (BRAIN) — GT Bicycles is recalling about 3,364 GT LaBomba bicycles in the U.S. and Canada because the frames can fail.

Posted March 7, 2024
New York City retailer Shane Hall

MEADOWLANDS, N.J. (BRAIN) — We asked retailers and suppliers at the CABDA East show this week about the right-sizing program that Trek is enacting, and what it will mean to the rest of the industry.

Posted March 7, 2024
The Haro Saguaro.

Unlike many in the industry, Haro Bikes has been busy expanding instead of contracting, brand officials told BRAIN at Taipei Cycle this week.

Posted March 6, 2024
Photo from this year's show courtesy of Taipei Cycle.

TAIPEI, Taiwan (BRAIN) — Crazy. The right thing to do. A reckoning. Those were some of the initial feelings from industry professionals who spoke to BRAIN at Taipei Cycle on Wednesday.

Posted March 5, 2024
Company also will reduce SKUs by 40% according to internal document.

BOULDER, Colo. (BRAIN) — Trek Bicycle president John Burke has told company leaders that he has decided to “right size” the company by 10% in response to slow sales and high inventory levels. But he says the company's overall strategy remains unchanged.

Posted March 5, 2024
The new brand and its logo.

LINDON, Utah (BRAIN) — Consumer direct brand Fezzari is shortening its brand name, rebranding as simply Ari effective Tuesday.

Posted March 5, 2024

TAIPEI, Taiwan (BRAIN) — Taipei Cycle presented its 12th annual d&i awards Tuesday with seven products earning Gold status, but with sustainability an emerging topic in the industry and at the news conference, perhaps the most intriguing was the Green Prize winner.

Posted March 4, 2024

OBERWANGEN, Switzerland (BRAIN) — E-bike brand myStromer AG said it achieved "sustainable" growth last year of more than 10%. The privately held company did not release financial details. 

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