News
MONTRÉAL (BRAIN) — Cerberus Capital Management is backing a group of family shareholders to take Dorel Industries private. Dorel is the owner of Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse.
BOULDER, Colo. (BRAIN) — Pocket Outdoor Media has acquired FinisherPix, a global provider of endurance sports photography. Since its founding in 2010 by Robbie Little and Thomas Reichhold, FinisherPix has photographed over 4.5 million runners, triathletes, and cyclists across 3,000 events in 50+ countries.
WATERLOO, Wis. (BRAIN) — Trek changed its bike packaging to incorporate lower-impact and recyclable materials earlier this year. On Friday the company released details of its new bike box and internal packaging and made a commitment to move to 100% recyclable and plastic-free packaging.
LAWRENCE, Kan. (BRAIN) — Sunflower Outdoor & Bike Shop, a nearly 50-year-old retailer in downtown Lawrence, has added a cafe that offers coffee, beer and snacks, as part of store redesign that adds more space for customers to socialize — while maintaining some social distance.
Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 15 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.
MADISON, Wis. (BRAIN) — Saris is now working with Urban Arrow, the Dutch e-cargo bike brand, and the e-bike motor supplier Bosch to build and distribute commercial e-cargo bikes to the public sector in North America. Gazelle Bikes remains Urban Arrow's North American distributor of consumer e-cargo bikes.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products said its rebranding, revealed Thursday on its website and other communications, is more than just a new logo.
EMPORIA, Kan. (BRAIN) — The biggest event in gravel racing has a new name.
Race organizer Life Time announced Thursday that the Dirty Kanza will be renamed Unbound Gravel, with Garmin remaining the title sponsor.
PARK CITY, Utah (BRAIN) — The Big Gear Show, a bike and outdoor trade show scheduled to debut this year, will take place Aug. 3-5, 2021, and be endorsed by the National Bicycle Dealers Association.
BOSTON (BRAIN) — Whoop, which sells a wrist-based heart rate monitor and services through a monthly subscription, has closed a $100 million Series E financing round. The new funding, led by IVP, values Whoop at $1.2 billion.
POZZOLEONE, Italy (BRAIN) — Nicola Rosin is leaving Selle Royal S.p.A., where he has been general manager and a board member, after 19 years with the company, Selle Royal Group announced Wednesday.
KENT, Wash. (BRAIN) — Linn Kastan, the founder of the Redline BMX brand in the 1970s, is collaborating with the brand once again to produce a limited edition replica bike and launch a microsite devoted to Redline's history and Kastan's contributions.
WILTON, Conn. (BRAIN) — Cannondale issued a safety notice about the front fender and hardware on its Canvas Neo 1 and Canvas Neo 2 bicycles after receiving reports that the assembly can become detached.
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