News

Posted March 28, 2024
Two IBDs join the event in Tucson.
Smith (left) and Saltvold at BLC this week. Ray Keener photo.

TUCSON, Ariz. (BRAIN) — As the supplier community gathers in Tucson this week for the Bicycle Leadership Conference, two independent retailers are adding to the attendance of about 275.

Posted March 28, 2024
Stromer ST7.

OBERWANGEN, Switzerland (BRAIN) — MyStromer AG and Revolt Zycling AG settled a patent infringement lawsuit with the latter signing a cease-and-desist order and agreeing to pay a confidential settlement amount.

Posted March 27, 2024
CSL's facility in Iowa.

AMES, Iowa (BRAIN) — As the German distributor Messingschlager pulls back from the U.S. market, industry veteran Nyle Nims has relaunched his 3PL business in Iowa, now called Cycle Source Logistics. CSL provides third-party logistics services to clients in and outside of the bike industry.

Posted March 26, 2024
 The Juggernaut FS Step-Thru was among the models stolen.

DELTA, British Columbia (BRAIN) — A 40-foot shipping container with 150 Biktrix e-bikes valued at more than $500,000 — including some 2025 prototypes — was stolen from a warehouse here during the early morning hours of March 19.

Posted March 25, 2024

SHIREBROOK, England (BRAIN) — The Wiggle and Chain Reaction Cycles e-commerce websites will relaunch in the United Kingdom after Frasers Group acquired them and their house brands, including Nukeproof and Vitus Bikes.

Posted March 19, 2024
UPDATED

NEWARK, N.J. (BRAIN) — Samuel J. Mancini is scheduled to report to the U. S. Bureau of Prisons in Colorado on Tuesday, April 2.

Posted March 19, 2024

BOULDER, Colo. (BRAIN) — Industry group PeopleForBikes will work on a "comprehensive comment" in support of the Consumer Product Safety Commission's decision to address e-bike injury risks with new federal rules.

Posted March 19, 2024

(BRAIN) — Hayes Performance Systems' new Manitou Mattoc Pro Limited Edition fork borrows its look from Manitou's 1992 fork in a modern version with 34mm stanchions for 29-inch wheels. 

Posted March 19, 2024

NEW YORK (BRAIN) — New York-based retailer Rubber N' Road has opened a new pop-up store in Palma de Mallorca, Spain, for the second year. 

The store will be open from March 15 through May 15 and plans to host rides and events as well as showcasing the store's latest products. 

Posted March 14, 2024

PITTSBURGH (BRAIN) — Dick's Sporting Goods' fourth-quarter sales were the largest in its history while its full-year net sales increased 5% over 2022.

Posted March 13, 2024

TAICHUNG, Taiwan (BRAIN) — On Wednesday, Giant Group's board approved its full 2023 financial report, which shows consolidated sales of NT$76.95 billion ($2.44), an annual decline of 16.4%.

Posted March 13, 2024

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported year-over-year revenue declines for 2023 (38%) and the fourth quarter (10%), but CEO Sean Macdonald said the cycling and motorcycle protective brand sees better days ahead.

Posted March 12, 2024
Audrey and Mark Sze-To.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: What are the market forces that you feel are most out of your control? What resources or training help you manage?

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