News

BOULDER, Colo. (BRAIN) — Most retailers heading into the holiday season this week remain affected by supply constraints, but that doesn't mean they can't maximize interest in what they do have with Black Friday and Cyber Monday right around the corner.

WELS, Austria (BRAIN) — Rossignol Groupe has sold Felt Bicycles to the Pierer Mobility, best known as the parent company of the KTM motorcycle brand, Pierer announced Tuesday.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 13.9% in the third quarter year-over-year and raised its full-year guidance.

(CYCLINGTIPS) — Simon Mottram, the founder and longtime figurehead of British cycling clothing brand Rapha, is stepping down as CEO at the end of this year. Mottram had been in the role for 17 years, ever since he founded the company in London in 2004.

TUCSON, Arizona (BRAIN) — As PeopleForBikes' Electric Bicycle Summit—a one-day affair—got underway late last week, a key takeaway was this: The industry is struggling to understand the impact of a fast-growing e-bike boom.

SANTA FE, N.M. (BRAIN) — With events and festivals slowly returning to normal following the height of the COVID-19 pandemic last year, so too is the annual bicycle-inspired food drive known as Cranksgiving.

PARK CITY, Utah (BRAIN) — The Big Gear Show, which held its inaugural trade event at Park City’s Deer Valley Resort in August, will hold its second show there Aug. 2-3, 2022, organizers say.
Next year the show will feature a two-day format, which organizers said 2021 attendees requested.
WASHINGTON (BRAIN) — The House of Representatives on Friday morning approved the Build Back Better Act that provides billions of dollars in funding for an e-bike tax credit, bike commuter benefit, and climate and equity-enhancing infrastructure as part of the $1.75 trillion social spending bill.

SVETA NEDELJA, Croatia (BRAIN) — Porsche will acquire a majority interest in the Greyp e-bike brand. The sports car manufacturer's venture capital segment, Porsche Ventures, has held about a 10% stake in Greyp since 2018.

DENVER (BRAIN) — Colorado's Attorney General is charging eight men in connection to 29 bike shop burglaries, as well as 22 auto thefts and other crimes.

DENVER (PINKBIKE) — Guerilla Gravity is asking riders in the Denver area to keep an eye out for suspicious bikes after its headquarters was targeted by a break-in.
(VELONEWS) — John Karras, a former newspaper man who co-founded RAGBRAI, died Wednesday in Iowa. He was 91.
Industry-watchers may be missing out on the biggest story of the decade.