News
HICKORY, N.C. (BRAIN) — After 33 years of manufacturing its socks and other products in-house, DeFeet is shifting to the use of nearby partners for knitting. The company is continuing to buy yarn from domestic sources and handle R&D, marketing, sales and other functions at its "clubhouse" headquarters in Hickory, said founder Shane Cooper.
LAGUNA BEACH, Calif. (BRAIN) — Paul Deem, an industry stalwart who was an Olympian, store owner and bike-brand sales manager, died in October following an accident while on vacation in Portugal with his wife, Deborah. He was 68.
ALEXANDRIA, Va. (BRAIN) — Master bike wheel builder Bill Mould died Nov. 12 at his home at age 82. Mould worked with several retailers and manufacturers throughout his career, and ran his own wheelbuilding, engineering and technical education business, Bill Mould Wheels.
(BRAIN) — Felt Bicycles said its current management team and minority shareholders, Florian Burguet and Cesar Rojo, have entered into a purchase agreement with the Pierer Mobility Group to fully acquire the brand.
KOBLENZ, Germany (BRAIN) — Canyon Bicycle sales declined 7% year-over-year in the first nine months of the year with parent company Groupe Bruxelles Lambert saying the industry's challenging market of "oversupply and aggressive discounting" was partially responsible.
(BRAIN) — E-bike retailer and brand Pedego has a new owner: the U.S.-based ownership group behind Urtopia, a start-up e-bike brand that offers high-tech carbon fiber and connected e-bikes.
SANTA FE, N.M. (BRAIN) — More than 40 Cranksgiving rides will take place this weekend in cities nationwide as the 26th annual food drive nears its peak activity period before Thanksgiving next week.
GRANGER, Ind. (BRAIN) — The National Bicycle Service Technician Program is now accepting mechanics seeking accreditation on the NBSTP website.
FRANKFURT (BRAIN) — A week after ending an e-mobility show held in conjunction with Eurobike next year following two German trade groups’ objection to holding the events concurrently, Eurobike org
REDWOOD CITY, Calif. (BRAIN) — Carbon, Inc., which provides the technology behind most of the industry's 3D-printed helmets and saddles, as well as 3D-printed running shoes from adidas, has closed on a $60 million funding round.
WASHINGTON (BRAIN) — Trek has recalled about 68,000 bikes because the coaster brake can fail. The recall also includes replacement rear wheels and Electra-branded bikes.
In addition to those sold in the U.S. 6,820 bikes subject to recall were sold in Canada. No incidents or injuries have been reported.
FRANKFURT (BRAIN) — Eurobike organizers say they will not hold a distinct e-mobility event alongside the bike show in 2026.
NEW YORK (BRAIN) — Refurbished e-bike seller Upway closed a $60 million Series C funding round last week led by an investment by Copenhagen's A.P. Moller Holding. The company said it is looking for U.S. growth and plans to open used e-bike refurbishment centers in Denver and other U.S. cities.
