News
BOULDER, Colo. (BRAIN) — We touched base with 16 retailers to get their take on the 2020 season and their predictions for 2021. We'll be sharing snapshots from those interviews online over the next two weeks.
MONTRÉAL (BRAIN) — Dorel Industries, which had planned a special shareholder meeting for Jan. 12 to vote on accepting an offer to go private, has now delayed that meeting until Feb. 16.
RICHLAND, Wash. (BRAIN) — Charles Conte has the bike business in his family tree. His father Charles Sr. opened a small neighborhood shop in Newport News, Virginia, in 1957. Charles started working there when he was 12, cleaning, servicing, and selling the shop's trade-ins.
WASHINGTON (BRAIN) — With Congress finally agreeing to additional COVID-19 funding, retailers in need of financial assistance should begin preparing now.
BRIDGEPORT, Conn. (BRAIN) — A former Specialized Bicycle graphic designer is charging that she was terminated in violation of federal and state civil rights and employment laws.
NEW YORK (BRAIN) — Peloton has agreed to acquire Precor, one of the largest global commercial fitness equipment providers, in a transaction valued at $420 million.
NEW YORK (BRAIN) — Six people filed individual lawsuits last week against the bike-share company Motivate/Lyft and component manufacturer Shimano North America after being injured during falls nearly two years ago. The suits blame excessive front brake force for the crashes.
LOS ANGELES (BRAIN) — Roy Wallack, a long-time cycling and outdoors journalist and adventurer, died Saturday after a mountain bike crash in the Santa Monica mountains. He was 64.
LOS ANGELES (BRAIN) — The venture capital conglomerate Rokit Made is entering e-bike manufacturing.
AUSTIN, Texas (BRAIN) — This time last year, Hill Abell was contemplating some big changes at his five Austin stores. Drastic changes.
FLOWER MOUND, Texas (BRAIN) — This year's bike boom left many retailers with empty shelves, bulging bank accounts, and greatly reduced debt. It also left many exhausted. More than a few have decided this was the perfect time to get out of the retail grind, one way or another.
AUSTIN, Texas (BRAIN) — Hill Abell and Laura Agnew, the owners of Bicycle Sport Shop, have agreed to sell the business to Trek Bicycle.
WEST CONSHOHOCKEN, Pa. (BRAIN) — Industry veterans Steve Harad and Andy Shaub are heading up a new North American office for Promovec, a Danish company that makes e-bikes, motors and conversion kits for the consumer and OE markets.
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