News

Posted November 1, 2022

SCOTTS VALLEY, Calif. (BRAIN) — Giro Sport Design announced its new Ethos Mips and the Ethos Mips Shield helmets on Tuesday. The commuter helmets are designed for commuters and transportation riders and feature front and rear integrated LED lights and turn signals.

Posted November 1, 2022

LAS VEGAS (BRAIN) — Recon Power Bikes entered a global licensing agreement with GMC to release a new e-bike here today at the SEMA Show to complement the auto manufacturer's Hummer EV Supertruck.

Posted October 31, 2022
Company releases preliminary earnings figures ahead of Thursday's full report.

ANOKA, Minn. (BRAIN) — Vista Outdoor, the parent of several bike industry brands, has announced CFO Sudhanshu Priyadarshi will leave the company in November. Separately, Keurig Dr. Pepper announced that it has hired Priyadarshi as its new CFO, effective Nov. 14.

Posted October 31, 2022
U.S industry veteran Nick Howe is named global sales manager.

MALLABIA, Spain (BRAIN) — Orbea, which said it has grown significantly in the last 7 years, is reorganizing its executive team to adjust. The reorganization includes the promotion of U.S. industry veteran Nick Howe from U.S. country manager to global sales manager.

Posted October 31, 2022

ASHEVILLE, N.C. (BRAIN) — Kitzuma Cycling Logistics suspended its delivery service for the fall and winter and laid off most of its driver network in reaction to slowing demand for its door-to-door bike shipping business.

Posted October 27, 2022

WASHINGTON (BRAIN) — Bike USA Inc. is recalling its Punisher adult cycling helmets because they do not comply with the CPSC's positional stability and impact attenuation requirements, according to a press release from CPSC.  

Posted October 27, 2022

STOCKHOLM (BRAIN) — Thule Group net sales fell 23% year-over-year as global demand for bike products waned because of high inventory levels.

Posted October 26, 2022

DENVER (BRAIN) — Organizers of The Big Gear Show and the new (e)revolution e-bike show plan to run them concurrently at the Colorado Convention Center here next June 8-11.

The first two editions of The Big Gear Show, which includes bike and outdoor exhibitors, have been held in Park City, Utah.

Posted October 26, 2022

OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue decreased 4% year-over-year, with the Fitness segment experiencing an 18% decline.

Posted October 26, 2022
Body Rocket says its system of sensors provides wind tunnel accuracy.

BRIGHTON, United Kingdom (BRAIN) — Startup aerodynamic drag force measurement system Body Rocket announced its recent raise attracted more than 190 UK and EU investors.

Posted October 25, 2022

TREVISO, Italy (BRAIN) — Cicli Pinarello said its sales were up 24% in its most recent fiscal year, which closed June 30. The company had sales of 84 million euros ($83.6 million at today’s exchange rate) according to a press release.

Posted October 25, 2022
Jim Moss

Attorney Jim Moss explains an aspect of the recent State Farm vs. Rad Power Bikes lawsuit.

Posted October 25, 2022

CHICAGO (BRAIN) —  Longtime SRAM marketing chief David Zimberoff will soon leave the company to focus on a transportation research project for World Bicycle Relief, a nonprofit launched by SRAM's co-founders in 2005 and supported by the company and others. 

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