News

Everything you’ve always wanted to know about how the bike business got to be the way it is today.

ZURICH (BRAIN) — Italy's Pinarello opened a flagship company store in downtown Zurich on Oct. 1, a week after the UCI Road World Championships concluded in the city.

NEVERS, France (BRAIN) — The LOOK Cycle Group has sold its Corima carbon wheel brand, which is being taken over by its co-founder, Pierre-Jean Martin. Look acquired a majority share in Corima in 2016.

WASHINGTON (BRAIN) — Reyhee Group is recalling about 400 Droyd multi-purpose youth helmets because they don't meet the Consumer Product Safety Commission's safety standards and can fail to protect in the event of a crash.

ASHEVILLE, N.C. (BRAIN) — Nutrition marketplace company Fuel Goods and apparel manufacturer Pressio created the 828 Endurance Community relief effort for Western North Carolina outdoor and endurance businesses affected by Tropical Storm Helene.

ANOKA, Minn. (BRAIN) — Vista Outdoor has agreed to sell its Revelyst business unit — which includes its bike-related brands — to Strategic Value Partners for $1.125 billion.

HILDEBRAN, N.C. (BRAIN) — Residents affected by Hurricane Helene are only beginning to recover days after the storm left destruction from Florida to Virginia. Industry members are establishing ways to support recovery remotely.

MARSHALL, N.C. (BRAIN) — Alex Webber moved from New Orleans to the mountains of North Carolina after her home was damaged by Hurricane Katrina in 2005. But the mountains weren't high enough to protect her from hurricanes.

BLACK MOUNTAIN, N.C. (BRAIN) — Industry suppliers, retailers and others in western North Carolina are dealing with the damage caused by the remnants of Hurricane Helene, which flooded many areas and left residents without utilities and with impassable roads.

LOUISVILLE, Colo. (BRAIN) — The Pro’s Closet — which started out of its founder’s VW bus, evolved into an eBay store, and became a used bike and component e-commerce giant — will close in October after 18 years.

SEATTLE (BRAIN) — Rad Power Bikes announced Wednesday that its bikes will be sold at 150 Best Buy stores and at BestBuy.com. The company also announced it has hired bike industry veteran George Lee.

SALT LAKE CITY (BRAIN) — Specialized opened a new North American distribution center and office here on Tuesday that's about double the size of the previous one.