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TAICHUNG, Taiwan (BRAIN) — As COVID-19 works its way through the global economy, Giant Group’s first-quarter revenue took a hit as predicted. But as lockdown orders in Europe begin to ease and as China begins a return to normal, second-quarter sales could pick up, the company said.
CAPE TOWN, South Africa (BRAIN) — Leatt Corp. had its best first quarter in company history, helped by the global launch of its mountain bike shoe line.
Merchandising experts share tips on operating an IBD during a pandemic.
NORMAL, Ill. (BRAIN) — Bike retailer Chris Koos figured the best way to diffuse the protest of his shop was offering an exclusive sale.
SAN CLEMENTE, Calif. (BRAIN) — Hardstreet, a motorcycle accessory company, is offering a variety of shatterproof counter shields for bike retailers looking to operate safely during the COVID-19 pandemic.
KENT, Wash. (BRAIN) — REI Co-op will open some of its 162 stores on a limited basis this week after closing two months ago because of the COVID-19 pandemic.
PARK CITY, Utah (BRAIN) — Mavic's U.S. operations are continuing as usual despite the brand's French wing being put into receivership, the CEO of MAVIC USA told BRAIN.
A deeper dive into the new dealer numbers reveals some interesting truths about brands, dealer populations and the industry's shifting balance of power.
Could a “Check Engine” light be coming to bikes? Shimano is thinking that way, and has filed a patent application for using artificial intelligence processing paired with sensors to monitor wear and maintenance of bicycle components.
WASHINGTON (BRAIN) — The U.S. Trade Representative has granted tariff exclusions to imports of Chinese carbon fiber front and rear frame triangles and carbon fiber rims.
MONTRÉAL (BRAIN) — Dorel Sports, parent company of Cycling Sports Group and Pacific Cycle Group, saw a 2% sales increase in the first quarter thanks to good business in the final two weeks of March.
PORT WASHINGTON, N.Y. (BRAIN) — Sales of cycling indoor trainers and rollers grew nationally by 268% year-over-year in March, and recreational and children's/BMX bike sales also increased as the COVID-19 pandemic led to states issuing stay-at-home orders.
ANNECY, France (BRAIN) — Mavic has been put into receivership at the French commercial court in Grenoble, after being put under the management of a turnaround firm in February.
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