News

Posted October 28, 2021
Company plans investments in U.S. and European manufacturing.

SEATTLE (BRAIN) — Existing investors are pumping another $154 million into Rad Power Bikes, following a $150 million investment announced in February.

Posted October 28, 2021

STOCKHOLM (BRAIN) — Bike helmets continue to lead MIPS' revenue surge during the bike boom with third-quarter net sales increasing 81% year-over-year.

Posted October 27, 2021
Christian Giron in a police photo.

NORTHVALE, N.J. (BRAIN) — A 24-year-old warehouse worker has been arrested on charges of murder, weapon possession, and hindering his own arrest in connection to the death of fellow 

Posted October 27, 2021

NORTHVALE, N.J. (BRAIN) — Prosecutors say a suspect is in custody and a homicide investigation is underway after a body was found at the Jamis/G. Joannou Cycle headquarters here.

Posted October 27, 2021

OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products.

Posted October 27, 2021

Shimano said it increased production during the period and that its new 12-speed Dura-Ace and Ultegra groups "were enormously well-received by customers."

Posted October 26, 2021

WILTON, Conn. (BRAIN) — Dorel Sports General Manager Nick Hage said plans to bring Cannondale assembly back to the U.S. actually began a couple of years ago, and with supply-chain constraints currently hampering the industry, the timing of the announcement couldn't be better.

Posted October 26, 2021

RINCON, Ga. (BRAIN) — In a move to ease supply chain constraints, Cycling Sports Group is opening a bike assembly facility in this community outside Savannah. 

Posted October 25, 2021
Lizard Skins Chocolate Brown DSP Bar Tape V2.

BATON ROUGE, La. (BRAIN) — Baseball and softball equipment manufacturer Marucci Sports announced Monday it has acquired Lizard Skins. Terms were not disclosed.

Posted October 24, 2021
The driver tells the court he takes responsibility. Bernstein says punishment doesn't fit the crime.
Grattan is led away after his sentencing. Matthew Jonas/Pool/Boulder Daily Camera

BOULDER, Colo. (BRAIN) — The driver who struck industry communications professional Andrew Bernstein in 2019 pleaded guilty to reduced charges on Friday and was sentenced to two years in prison. 

Posted October 24, 2021

NEWBURY PARK, Calif. (BRAIN) — Authorized Giant Bicycle dealers were issued a stop sale notice by email on Friday involving four models on which the adjustable stems can come loose. Giant is in the process of notifying the U.S. Consumer Product Safety Commission.

Posted October 22, 2021

OSAKA, Japan (BRAIN) — Shimano says a website that appears to be offering clearance Shimano bike and fishing gearing is not legitimate.

The company said consumers should beware of shimano-clearance (dot) store. 

Posted October 22, 2021

STOCKHOLM (BRAIN) — Thule Group's net sales increased 13.8% year-over-year in the third quarter in part because of fulfilling demand despite a tangled global supply chain, the company said.

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