News

GRENOBLE, France (BRAIN) — Fox Factory has removed itself from the bidding to acquire Mavic SAS, which is in receivership in France. However, about 13 other groups, including several with ties to the bike industry, have expressed interest in the company.

VANCOUVER, British Columbia (BRAIN) — If you have some time on your hands while sheltering in place (and perhaps a small machine shop and a supply of steel tubing in your shelter), this might be the time to brush up on your framebuilding skills.

COLORADO SPRINGS, Colo. (BRAIN) — The Colorado Springs Police Department released body camera footage of its confrontation with a former Colorado Cyclist product line manager who died while in custody on May 24.

OAK RIDGE, Tenn. (BRAIN) — LeMond Bicycles LLC recently raised a bit over $2 million in a private placement investment, possibly bringing the company closer to launching a bike line using technology developed by Greg LeMond's other business, LeMond Carbon.
WASHINGTON (BRAIN) — The way Dave Wiens sees it, the Great American Outdoors Act could be the last chance to secure more trail funding for years to come.
BOULDER, Colo. (BRAIN) — Cateye America is ending dealer-direct sales and focusing on sales through its U.S. distributors, JBI Importers and QBP.

GOLDEN, Colo. (BRAIN) — Yeti Cycles has decided to stop using the word 'tribe' to refer to owner community. The company said it learned that the term can be offensive.

WILTON, Conn. (BRAIN) — Cannondale is conducting a recall of the front racks used on some Cannondale Treadwell bike models because the rack's bolts can allow the rack to fall off.
Other competitors try to beat the biggest players at their own game. But Cannondale is flipping the script in a way that benefits both dealers and itself.

BREMBATE, Italy (BRAIN) — The owners of Vittoria Group, including founder and president Rudie Campagne, have sold the tire maker to Wise Equity, an Italian group.
WASHINGTON (BRAIN) — As the lone representative of not only the cycling industry but the entire outdoor industry, David Billstrom admitted to feeling some pressure addressing Congress on July 2.

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products is now selling its house brand Teravail tires direct to consumers via the brand's website, and sharing some revenue from each sale with nearby dealers who are enrolled in its Dealer Choice program for Teravail.
RANCHO SANTA MARGARITA, Calif. (BRAIN) — Friends of Charles "Chuck" Allen, including staff at Felt Bicycles, have launched a crowdfunding campaign to support Allen and his family, who lost their home, all their possessions and their dogs in a fire last month.