News
BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What are the most — and least — effective things you’ve done to recruit, hire, and retain staff?
Participants will receive a copy of the $400 report, which has not been updated for seven years.
ERMUA, Spain (BRAIN) — Orbea, the Basque co-op bike manufacturer, had its sixth consecutive record sales year in 2021, hitting 282 million euros ($298 million). The co-op added 170 news jobs in the year, bringing its total workforce to nearly 1,000, with 90% of its workers in Europe.
As brands get into the D2C and retailer ownership businesses, they control more and more of the end-user’s dollars and fundamentally alter the specialty retail landscape.
MONTEREY, Calif. (BRAIN) — Several companies that offer electronic controllers — the component that tells an e-bike motor how to behave based on various inputs — say they can help bike brands offer customers a tailored experience that separates them from the pack.
DULUTH, Ga. (BRAIN) — Fox Factory’s CEO says the mountain bike industry will return to something like normal in the fourth quarter this year and he expects Fox’s bike-product sales to return to a more traditional growth rate following several years of very high growth.
ST. PAUL, Minn. (BRAIN) — Park Tool has issued a Stop Use and Inspect Notice for their CCP-22, CCP-44 and CWP-7 crank pullers due to an out-of-spec nut may cause damage to cranks during removal.
SEOUL (BRAIN) — Samsung SDI is accelerating solid-state battery development and said it will produce them early next year. The company said the technology will be a safer and more powerful alternative to the lithium-ion battery that's at the forefront of the e-bike and micromobility industry.
CHICAGO (BRAIN) — Registration and recovery nonprofit Bike Index surpassed 800,000 registrants and recovered more than 10,500 stolen bikes as of Friday.
Entering its ninth year, Bike Index, with a staff of five and a volunteer ambassador program, has recovered bikes worth an estimated $18.3 million.
WASHINGTON (BRAIN) — Santa Cruz Bicycles has recalled some 2022 Heckler 9 E-MTBs because the latch securing the battery pack can fail, allowing it to dislodge from the frame and creating a fire hazard.
FOUNTAIN VALLEY, Calif. (BRAIN) — Shimano Inc. has sold off its apparel brand, Pearl Izumi, to United Sports Brands, the parent of Nathan, Cutters, and Shock Doctor, among other brands.
Pearl Izumi will join Nathan, which offers running accessories and apparel, in USB's new outdoor division.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. first-quarter revenue was up 6% year-over-year with the company's profitability being credited to adopting a more direct-to-consumer subscription-oriented business model.
BALTIMORE (BRAIN) — The Cyclery Bike Shop and Athlos Performance Apparel collaborated on a jersey design to help the families of two California cyclists killed by an impaired driver last month in Utah.
Brothers Matthew and Adam Bullard were killed on April 9 in Washington City while completing an event.
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