News

SAN FRANCISCO (BRAIN) — While many shops and individuals who have had bikes stolen theorized they end up south of the border, nobody actually knew for sure or could quantify to what degree.
Until now.

LOWER ALLEN TOWNSHIP, Pa. (BRAIN) — Police served an arrest warrant on a 34-year-old Florida man wanted in connection to credit card fraud at several Pennsylvania bike shops last year.
MONTRÉAL (BRAIN) — Dorel Industries has completed its sale of Dorel Sports — which includes Cannondale, Schwinn, GT, Mongoose and other bike brands — to Pon Holdings, for $810 million. The planned acquisition was announced in October.

DENVER (BRAIN) — Maybe 2022 will begin an era of peace, love and understanding in the bike industry, as Fox Factory and SRAM are starting the new year with a clean slate after agreeing to settle legal disputes dating to 2015.
COSTA MESA, Calif. (BRAIN) — After nearly five years away from the company, George Eubanks has rejoined Highway Two as president.

IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association is offering dealers an opportunity to buy a report from its recent consumer buying study. A report tailored for the group's retailer members will sell for $399, far less than the $5,000 report being offered to suppliers.

(BRAIN) — Gruppo SRL, the parent company of Cinelli, announced on Dec. 30 that is has decided to terminate its distribution agreement with Cyclone Bicycle Supply for the United States market, effective immediately.

SUPERIOR, Colo. (BRAIN) — Industry supplier and retail locations were spared from direct impacts of a 6,000-acre suburban wildfire that destroyed hundreds of homes and businesses here on Thursday. However, many employees in the area were evacuated and some may have lost their homes.

BLACK MOUNTAIN, N.C. (BRAIN) — The bike has long been a symbol of freedom, so it's appropriate it played a key part in this small town near Asheville pulling together to help Afghanistan evacuees seek independence.

BOULDER, Colo. (BRAIN) — News that Intense Cycle decided to sell a new line of bikes via Costco.com was the subject of the most-read story on BicycleRetailer.com in 2021, proving once again that speciality brands opening up new channels of retail distribution always garner attention in our industry.

ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. is acquiring the hunting gear brand Stone Glacier, which will be part of its outdoor products segment. Vista Outdoor's Action Sports segment includes Bell, Giro, Blackburn and Quietkat.
IRVINE, Calif. (BRAIN) — The NBDA Bicycle Buying 2021 reference guide is available for suppliers, brands, and retail members. The guide is a consumer research study of pandemic bicycle and e-bike buying habits.

SYDNEY, Australia (BRAIN) — BikeExchange, the Australia-based marketplace, has acquired Kitzuma, a bike-shipping service that launched last December.