News
WASHINGTON (BRAIN) — The steel used in e-bikes, indoor trainers, exercycles and some hand tools is now subject to the Trump administration's Section 232 tariffs, which are up to 50%.
LAKEWOOD, Calif. (BRAIN) — Tern Bicycles is collaborating with used e-bike marketplace Upway to offer a trade-in program at U.S. dealers.
(BRAIN) — Tom Curran, a longtime industry executive at United Imports, Peugeot Cycles, Derby Cycle USA and Kemco, died on July 28 at age 68.
Friends said Curran passed after a long battle with cancer. The family has held a private memorial and no public obituary is available.
DACUN TOWNSHIP, Taiwan (BRAIN) — Taiwan bike makers Merida Industries and Ideal Bike are each reporting first-half comprehensive losses as the Taiwan dollar gains strength against most currencies. Giant and Shimano also have recently blamed poor earnings reports, in part, on exchange rates.
BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: Which point-of-sale system do you use, and how well does it meet your needs in terms of performance, features, and cost effectiveness?
SAN MATEO, Calif. (BRAIN) — GoPro Inc. second-quarter revenue slid 18% year-over-year with retail and online channels decreasing 19% and 16% respectively.
What happened at SRAM and Shimano in the oversupply debacle, plus the root causes that brought us to the current impasse
MUKWONAGO, Wis. (BRAIN) — A liquidator is auctioning the remaining assets of Fuell Inc., an e-bike and e-motorcycle brand founded by motorcycle innovator Erik Buell that entered Chapter 7 bankruptcy last October.
BOULDER, Colo. (BRAIN) — Stuart Walsworth, husband of PeopleForBikes' president and CEO, Jenn Dice, died following a mountain bike ride Aug. 1 in Colorado. Funeral services for Walsworth, who was 58, will be Sunday at Greenwood & Myers Mortuary in Boulder.
TAIPEI (BRAIN) — Giant Group says its inventory-to-asset ratios have returned to "healthy pre-pandemic standards" following an inventory streamlining program. The company also said sales to its original equipment customers were up 30% in the first half of its fiscal year.
DULUTH, Ga. (BRAIN) — Fox Factory produced sales increases across all three of its divisions in the second quarter, with sales in its Specialty Sports Group — which includes its bicycle-related brands — up 11% over the same period last year.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation posted its fourth consecutive period of growth with revenue increasing 61% in the second quarter led by double-digit expansion in all major product categories.
WASHINGTON (BRAIN) — Bicycle imports fell 11% in value in the first half of 2025, according to figures released by the Census this week. As the industry attempted to respond to tariff news out of Washington, its source nations changed significantly.
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