News

Posted July 26, 2021

WASHINGTON (BRAIN) — An e-bike tax credit bill similar to the one created in the House in February was introduced into the Senate last week.

Posted July 24, 2021

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. notched a sales increase of 3.3% in the first half of its fiscal year, but the company said it could have done better if not for supply and logistical issues.

Posted July 23, 2021
Travel restrictions, COVID-19 concerns, inventory challenges among reasons given for bypassing this year's expo.

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike released its initial exhibitor list this week for the upcoming 29th edition of the expo that will be held for the first time in two years following the COVID-19 pandemic.

Posted July 22, 2021
Lee Ericson

HURST, Texas (BRAIN) — Longtime retailer Lee Ericson, who owned Bicycles Inc. in Fort Worth for 42 years before selling this year after being diagnosed with cancer, died July 13. He was 63.

Posted July 22, 2021

BRAIN is planning a special Gear Guide in our September issue devoted to bike lights.

Posted July 22, 2021

BOULDER, Colo. (BRAIN) — Titanium bike and component manufacturer Janus Cycle Group announced Thursday it sold all company assets to Phil Joseph, a former real estate executive.

Posted July 22, 2021
CEO says price increases coming in Q3.

STOCKHOLM (BRAIN) — Continued global demand for bike helmets drove MIPS' year-over-year 115% net sales increase in the second quarter, with organic growth rising 139%.

Posted July 21, 2021

(BRAIN) — With 12 weeks to go until the scheduled event, organizers of Sea Otter Australia have decided to postpone it until 2022.

Posted July 21, 2021

POOLE, England (BRAIN) — Bike and motorcycle care company Muc-Off announced Wednesday it exceed a goal to reduce plastic packaging and will expand its Project Green initiatives.

Posted July 21, 2021

STOCKHOLM (BRAIN) — Thule Group net sales increased 58.1% for the second quarter year-over-year, partially driven by sport and cargo carrier sales with more people this year traveling by vehicle after the lockdown of 2020.

Posted July 20, 2021

OSAKA, Japan (BRAIN) — Shimano has re-opened its factory in Malaysia, according to a report out of Europe. The company's factory there had been closed since about June 14, and had operated at 60% capacity for two weeks before that, due to the COVID-19 pandemic.

Posted July 16, 2021

FRISCO, Colo. (BRAIN) — Project Bike Tech, which works to get bike tech classes into high schools, will pilot four new programs this fall serving Native American and low-income Hispanic students in the Four Corners region.

Posted July 16, 2021
SmartEtailing and other creditors petitioned to put the Massachusetts retailer into involuntary bankruptcy, later converted to a Chapter 11.

BOSTON (BRAIN) — CrimsonBikes is now in the hands of a Chapter 11 bankruptcy trustee after creditors including SmartEtailing and Giant Bicycle said store owner Charles James was mismanaging it and appeared to be shuffling assets between several companies he owns.

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