News
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association has announced the 2023 winners of its Retailer Excellence Awards.

NEW YORK (BRAIN) — The New York Fire Department issued vacate orders for two e-bike businesses in the city this week as the department steps up inspections following a rash of fatal fires triggered by lithium-ion batteries.

GREENWICH, Conn. (BRAIN) — L Catterton, which bought a majority share in Pinarello in 2017, said it has sold the company to "a private family office." European news sources say billionaire Ivan Glasenberg bought it for 200 million euros.

BERLIN (BRAIN) — E-commerce company Signa Sports United, owner of WiggleCRC and the Vitus and Nukeproof bike brands, reported a 2% decline in first-half revenue, saying "subdued demand and market overstock" weighed on its results.
Its first-half net revenue was 441 million euros ($480 million).

NEW YORK CITY (BRAIN) — An emergency $25 million grant from the U.S. Department of Transportation will enable the city to set up outdoor e-mobility battery charging and storage stations at 53 city Housing Authority developments.

BELLINGHAM, Wash. (BRAIN) — Kona USA, facing the same excess inventory and stagnant consumer demand challenges as most other IBD brands, rebuilt its website in early June to add consumer-direct sales for the first time. While most traditional IBD brands now offer some variety of direct sales and click-and-collect few have received such a negative initial response from retailers.

FRANKFURT (BRAIN) — Eurobike, which closed Sunday after its weekend consumer event, attracted 34,750 trade visitors and 31,780 consumer visitors over its four days. Both figures were an increase over last year.
FRANKFURT (BRAIN) — Ben Serotta will collaborate with a German 3D printing manufacturer to "bring the benefits of personalized cycling equipment to a broader section of the cycling population," the longtime bike designer told BRAIN on Thursday at Eurobike.

FRANKFURT (BRAIN) — Pierer Mobility's GASGAS e-bike brand launched a new one-sized "urban cruiser" at Eurobike here this week.

FRANKFURT (BRAIN) — Erik Bär has seen e-bike batteries from China come into Germany with fraudulent certification, so he knows about the chilling effect unregulated lithium-ion packs can have in the marketplace and understands the angst in the U.S., especially in New York City right now.

FRANKFURT (BRAIN) — While François-Xavier Terny said replacing the car in the U.S. is next to impossible, he believes the Fuell e-bike brand has the right mix of features to at least keep it parked some of the time.

FRANKFURT (BRAIN) — FRANKFURT (BRAIN) — Bosch eBike Systems announced numerous connectivity features and new products for the 2024 model year this week.