News
LA CRESCENTA, Calif. (BRAIN) — Specialist distributor Euro-Asia Imports is closing down after more than 50 years selling mostly high-end parts for road, touring and fixed gear bikes.
CAMBRIDGE, Mass. (BRAIN) — The state's first solar-powered e-bike charging and rental station opened in Somerville on Thursday that's part of a collaboration between Metro Mobility and the Massachusetts Bay Transportation Authority (MBTA).
NEW YORK (BRAIN) — Firefighters extinguished a lithium-ion battery fire Sunday in the cellar of a Queens home operating as a battery repair business, according to the Fire Department of New York.
WASHINGTON (BRAIN) — The steel used in e-bikes, indoor trainers, exercycles and some hand tools is now subject to the Trump administration's Section 232 tariffs, which are up to 50%.
LAKEWOOD, Calif. (BRAIN) — Tern Bicycles is collaborating with used e-bike marketplace Upway to offer a trade-in program at U.S. dealers.
(BRAIN) — Tom Curran, a longtime industry executive at United Imports, Peugeot Cycles, Derby Cycle USA and Kemco, died on July 28 at age 68.
Friends said Curran passed after a long battle with cancer. The family has held a private memorial and no public obituary is available.
DACUN TOWNSHIP, Taiwan (BRAIN) — Taiwan bike makers Merida Industries and Ideal Bike are each reporting first-half comprehensive losses as the Taiwan dollar gains strength against most currencies. Giant and Shimano also have recently blamed poor earnings reports, in part, on exchange rates.
BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: Which point-of-sale system do you use, and how well does it meet your needs in terms of performance, features, and cost effectiveness?
SAN MATEO, Calif. (BRAIN) — GoPro Inc. second-quarter revenue slid 18% year-over-year with retail and online channels decreasing 19% and 16% respectively.
What happened at SRAM and Shimano in the oversupply debacle, plus the root causes that brought us to the current impasse
MUKWONAGO, Wis. (BRAIN) — A liquidator is auctioning the remaining assets of Fuell Inc., an e-bike and e-motorcycle brand founded by motorcycle innovator Erik Buell that entered Chapter 7 bankruptcy last October.
BOULDER, Colo. (BRAIN) — Stuart Walsworth, husband of PeopleForBikes' president and CEO, Jenn Dice, died following a mountain bike ride Aug. 1 in Colorado. Funeral services for Walsworth, who was 58, will be Sunday at Greenwood & Myers Mortuary in Boulder.
TAIPEI (BRAIN) — Giant Group says its inventory-to-asset ratios have returned to "healthy pre-pandemic standards" following an inventory streamlining program. The company also said sales to its original equipment customers were up 30% in the first half of its fiscal year.
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