News
FREEHOLD, N.J. (BRAIN) — Cenntro Electric Group Limited acquired a minority interest in German e-cargo designer Antric GmbH.
(BRAIN) — When Specialized announced the re-launch of its Globe brand in May as an affordable electric bike purveyor focused on car-replacing transportation, the company released only one spy photo showing an e-bike obscured by cargo baskets and cactuses. While the e-bike's frame was largely hidden, one of the bike's features clearly was visible: a rear hub motor.
ASHEVILLE, N.C. (BRAIN) — The National Bike Dealers Association released its Cost of Doing Business Report for the first time in seven years and will follow up with a webinar next week on how to better understand and utilize its data.
FLETCHER, N.C. (BRAIN) — It's the kind of failure that can ruin a company, but for Cane Creek Components, its Double Barrel Inline rear shock debacle nearly 10 years ago led to a gradual reawakening of the brand. Call it a pivot point in its history.
PITTSBURGH (BRAIN) — Dick's Sporting Goods' second-quarter net sales declined 5% year-over-year and comparable store sales were down 5.1%.
MONTREAL (BRAIN) — ARG Sports Inc. will distribute Italian protective wear brand Dainese in Canada. The partnership will work to bring MAP pricing to IBD, B2C, and e-commerce clients.
BOULDER, Colo. (BRAIN) — After nearly 50% sales increase industry-wide from 2019 levels in 2020 and 2021, most retailers were sitting on more cash than ever before. With no inventory available for replenishment, that cash was invested in creative ways. And as we review windfalls, we must keep in mind the corresponding human costs involved.
(BRAIN) — Two China-based e-mobility manufacturers applied to the Trade Remedies Authority (TRA) for new status to pay a lower anti-dumping import tariff rate to export into the United Kingdom.
NEWARK, N.J. (BRAIN) — Cycling industry investor Samuel Mancini, originally scheduled to be sentenced Aug. 17 after pleading guilty to one count of securities fraud, will now be sentenced on Nov. 17.
BENTONVILLE, Ark. (BRAIN) — After its planned launch was interrupted by COVID for two years, the first Cycle of Influence Summit will be held next month in this fast-growing cycling town.
BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: What software do you use for your point of sales system? What do you like/dislike about it?
LOUISVILLE, Colo. (BRAIN) — Who else can claim the varied and impactful career accomplishments of Lennard Zinn? Zinn Cycles has sold more than 2,000 frames and complete bikes in every conceivable size and five frame materials. He's sold more than 800,000 Zinn and the Art of ... repair books. He's been an editor and contributor to numerous publications, primarily VeloNews.
The bike industry is changing fast. But so is the rate of change itself.
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