News
WASHINGTON (BRAIN) — Legislation introduced in Congress this week would eliminate tariffs on components used to assemble complete bikes in the U.S., long a major concerns of bike brands looking to add value in the U.S. without making the full step toward frame manufacturing.
ASHEVILLE, N.C. (BRAIN) — Industry Nine announced Tuesday that it acquired British Columbia-based We Are One Composites, which has been its source for hand-laid carbon fiber rims for the past five years.
A version of this feature ran in the June issue of BRAIN.
BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How concerned are you about tariffs, how do you stay informed, and will you itemize the added costs?
For the first time in what seems like decades, the NBDA is offering — or at least proposing — a clear path forward for retail business owners
WASHINGTON (BRAIN) — China-made helmets and bike trailers with aluminum frames will remain exempt from a 7.5% Section 301 tariff until at least the end of August.
TAICHUNG, Taiwan (BRAIN) — Giant Group's sales to America — under its own brand and to its original equipment customers — have declined steeply since the pandemic even as sales in Asia, China in particular, have grown significantly.
WASHINGTON (BRAIN) — Specialized Bicycle Components is recalling about 11,000 Globe Haul ST and LT e-bikes because the lower portion of the 13-inch telescopic seatpost can break when fully extended.
BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission's 2026 Performance Budget Request to Congress calls for restructuring the agency, reducing funding by 10.5%, and staffing by 14%.
PITTSBURGH (BRAIN) — Dick's Sporting Goods announced its first-quarter net sales increased 5.2% year-over-year a few weeks after reaching a merger agreement to acquire Foot Locker.
MORGAN HILL, Calif. (BRAIN) — Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters.
MANNING, S.C. (BRAIN) — Kent International will lay off 64 workers at its Bicycle Corporation of America facility here, effective June 25. The company has filed a notice with the state of South Carolina on the layoffs, saying it was due to the "permanent closure" of the facility.
BENTONVILLE, Ark. (BRAIN) — Last week BRAIN was in Arkansas for the NBDA Dealer Summit as well as the Bentonville Bike Fest and the conclusion of the inaugural Arkansas Global Cycling Accelerator program. BRAIN is preparing stories for our July magazine about each of the 10 startup companies in the AGCA, but we thought we'd share some sneak peeks of some of the participants, as well as a few other new products on display at the festival and at the Summit.
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