News

WILTON, Conn. (BRAIN) — Dorel Sports General Manager Nick Hage said plans to bring Cannondale assembly back to the U.S. actually began a couple of years ago, and with supply-chain constraints currently hampering the industry, the timing of the announcement couldn't be better.

RINCON, Ga. (BRAIN) — In a move to ease supply chain constraints, Cycling Sports Group is opening a bike assembly facility in this community outside Savannah.

BATON ROUGE, La. (BRAIN) — Baseball and softball equipment manufacturer Marucci Sports announced Monday it has acquired Lizard Skins. Terms were not disclosed.

BOULDER, Colo. (BRAIN) — The driver who struck industry communications professional Andrew Bernstein in 2019 pleaded guilty to reduced charges on Friday and was sentenced to two years in prison.

NEWBURY PARK, Calif. (BRAIN) — Authorized Giant Bicycle dealers were issued a stop sale notice by email on Friday involving four models on which the adjustable stems can come loose. Giant is in the process of notifying the U.S. Consumer Product Safety Commission.

OSAKA, Japan (BRAIN) — Shimano says a website that appears to be offering clearance Shimano bike and fishing gearing is not legitimate.
The company said consumers should beware of shimano-clearance (dot) store.

STOCKHOLM (BRAIN) — Thule Group's net sales increased 13.8% year-over-year in the third quarter in part because of fulfilling demand despite a tangled global supply chain, the company said.

BOULDER, Colo. (BRAIN) — The driver involved in the hit-and-run collision that seriously injured an industry veteran while cycling is expected to receive a stipulated sentence of two years in prison, mandatory parole, and restitution when he is arraigned Friday.

NEWPORT, Calif. (BRAIN) — Don DiCostanzo, the founder and CEO of the e-bike company Pedego, traveled with actor William Shatner on his way to Shatner's recent space flight aboard Jeff Bezos' Blue Origin rocket.
PORT WASHINGTON, N.Y. (BRAIN) — A global private equity firm is in the process of acquiring The NPD Group, which provides market research and analytics to industries and clients worldwide including the U.S. bike industry.

GARDEN CITY, N.Y. (BRAIN) — A UK-based professional photographer has filed a lawsuit against California-based Summit Bicycles, claiming photo of an e-bike on Summit's website is his copyrighted intellectual property and is being used improperly.

There is a massive reassessment of work from both the employer and employee standpoint.
KENT, Wash. (BRAIN) — Alta Cycling Group offers authorized dealers a way to inform their online consumers when a bike is locally available and direct them to the shop.