News
LOS ANGELES (BRAIN) — The parents of a 12-year-old girl who later died from injuries suffered while riding as a passenger on a Rad Power Bike in 2021 filed a wrongful death suit Monday against the Seattle brand and helmet-maker Giro Sport Design.
PARK CITY, Utah (BRAIN) — At the Big Gear Show here on Tuesday, Küat launches its new Piston SR Bike Rack, which features hydro-pneumatic tire arms that secure the bike without touching the frame.
OTTOBRUNN, Germany (BRAIN) — Porsche announced it will develop an e-bike drive system in the next few years, collaborating with Pon Holdings' Ponooc Investment B.V.
GOLDEN, Colo. (BRAIN) — Feedback Sports will move to a new and larger location nearby that's nearly double the size and expected to be open by Sept. 1.
SCOTTSDALE, Ariz. (BRAIN) — Erik's broke new ground last month when the Midwestern retailer branched out to open its first location in Arizona. The store in Scottsdale is also Erik's first e-bike specific location.
PARK CITY, Utah (BRAIN) — OKAI, a company best known for making bikes and scooters for share programs, is entering the consumer market with a line designed for IBD and direct sales. The company is attending the Big Gear Show, which opens Tuesday.
WASHINGTON (BRAIN) — The Inflation Reduction Act of 2022, announced after a surprise agreement this week between Sen. Joe Manchin III and Senate Majority Leader Charles E. Schumer, does not contain an electric bike tax credit and other bike-related measures included in President Joe Biden's original Build Back Better Act.
OLNEY, Ill. (BRAIN) — KHS Bicycle Parts, which was founded 50 years ago by Karl Heinz Schaette, will close its doors next month.
KOBLENZ, Germany (BRAIN) — Canyon Bicycles announced Friday that two investment groups have taken "strategic equity investments" totaling $30 million in the Germany-based company.
PORTLAND, Ore. (BRAIN) — Days after an announcement that the North American Handmade Bicycle Show is postponed for this year, a variety of framebuilders and other industry sponsors say they are committed to a new show to be held in Portland in September next year.
ANOKA, Minn. (BRAIN) — Vista Outdoor reports that its sales grew 21% in its fiscal first quarter, mostly due to a double-digit sales increase in its Sporting Products division, which includes its ammunition brands. In its Outdoor Products division, which includes the bike-related brands Bell, Giro, Blackburn, CamelBak, and QuietKat, sales were down 2%.
ANOKA, Minn. (BRAIN) — Vista Outdoor has agreed to acquire Simms Fishing Products, a Montana-based sports fishing gear brand.
MILAN (BRAIN) — Investment holding company Italmobiliare is acquiring the cycling and motorcycling footwear company Sidi Sport for 66 million euros ($66.8 million).
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