News
TAICHUNG, Taiwan (BRAIN) — Giant Group's sales to America — under its own brand and to its original equipment customers — have declined steeply since the pandemic even as sales in Asia, China in particular, have grown significantly.
WASHINGTON (BRAIN) — Specialized Bicycle Components is recalling about 11,000 Globe Haul ST and LT e-bikes because the lower portion of the 13-inch telescopic seatpost can break when fully extended.
BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission's 2026 Performance Budget Request to Congress calls for restructuring the agency, reducing funding by 10.5%, and staffing by 14%.
PITTSBURGH (BRAIN) — Dick's Sporting Goods announced its first-quarter net sales increased 5.2% year-over-year a few weeks after reaching a merger agreement to acquire Foot Locker.
MORGAN HILL, Calif. (BRAIN) — Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters.
MANNING, S.C. (BRAIN) — Kent International will lay off 64 workers at its Bicycle Corporation of America facility here, effective June 25. The company has filed a notice with the state of South Carolina on the layoffs, saying it was due to the "permanent closure" of the facility.
BENTONVILLE, Ark. (BRAIN) — Last week BRAIN was in Arkansas for the NBDA Dealer Summit as well as the Bentonville Bike Fest and the conclusion of the inaugural Arkansas Global Cycling Accelerator program. BRAIN is preparing stories for our July magazine about each of the 10 startup companies in the AGCA, but we thought we'd share some sneak peeks of some of the participants, as well as a few other new products on display at the festival and at the Summit.
GRANGER, Ind. (BRAIN) — The Department of Labor recently approved retailer Mike Shapiola's request to declare Bicycle Repair Technician apprenticeable. The Office of Apprenticeship letter to Shapiola, owner of Spin Zone Cycling, said it received and agreed with bike industry input to grant the request.
BETHESDA, Md. (BRAIN) — A nonprofit consumer advocacy organization filed a civil lawsuit on behalf of the three Consumer Product Safety Commissioners whom President Trump fired earlier this month after objecting to staff firings.
CARBONDALE, Colo. (BRAIN) — Adam Miller is back to lead the Revel Bikes' revival after announcing Wednesday the purchase of the company's assets.
BENTONVILLE, Ark. (BRAIN) — The National Bicycle Dealers Association Retailer Summit Central that started Monday and ends Thursday led off its first day of educational presentations and panel discussions with a keynote from Whitney Tabaian, newly appointed president and CEO of Mike's Bikes.
STAVANGER, Norway (BRAIN) — Norwegian urban mobility brand Podbike filed for bankruptcy Friday, citing financial hurdles including increasing production costs, supply chain disruptions, and a stagnant global economy.
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