News
BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: How much of your square footage is dedicated to apparel, and how strong of a category is it? What are your key challenges and best practices with apparel sales?
LEXINGTON, S.C. (BRAIN) — HLC will close its facility here and consolidate operations at its Nevada distribution center while also reducing its number of brands.
As the industry continues its business-as-usual post-COVID death spiral, there is still an opportunity to put a stop to it.
TAICHUNG, Taiwan (BRAIN) — Belgian Cycling Factory opened an office here that will focus on sourcing, R&D support, and other facets for its four brands.
VIENNA (BRAIN) — Woom announced it had the best six months in its 12-year history with a 41% increase in revenue.
CHICAGO (BRAIN) — SRAM will open a new facility in the Varese region of Italy next year. The facility will be home to chainring spider manufacturer Ochain, which SRAM acquired in July.
WASHINGTON (BRAIN) — After a decline in Chinese bike imports in June, the industry made a sudden 128% increase in July, likely in a bid to get ahead of a triple-digit tariff that was expected to take effect in early August, but which the Trump administration delayed at the last minute.
WASHINGTON (BRAIN) — The U.S. mass market bike industry began looking to India as a supply source this year, with U.S. bike imports from the country — while still small relative to other major nations — up 98% in value this year through July, according to figures released Thursday.
PORTLAND, Ore. (BRAIN) — Backcountry.com has acquired Velotech Inc, the parent of e-commerce retailers BikeTiresDirect, Western Bikeworks, and TriSports.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycles is closing its California Auburn Innovation Center that opened last year and moving employees there to the brand's primary headquarters to enhance collaboration.
MANNING, South Carolina (BRAIN) — Perfection Industrial is auctioning machinery, tools and other equipment from Kent International's BCA factory here.
WASHINGTON (BRAIN) — Twenty-seven members of Congress filed a brief to an appeals court to support reinstating the three Consumer Product Safety Commission members who were fired by President Trump after objecting to staff firings.
WASHINGTON (BRAIN) — China-made helmets and bike trailers with aluminum frames will remain exempt from a 7.5% Section 301 tariff through the end of November.
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