News

BOULDER, Colo. (BRAIN) — For our April magazine edition, we asked our State of Retail panel members: What are the most profitable categories in your store currently, and have they changed since COVID-19? Which categories have you dropped or added?

Can powersports brands successfully invade the IBD e-bike market? Answer: They're trying, but it's complicated.

AMSTERDAM (BRAIN) — Pon Holdings revenue increased 23% year-over-year to reach $10 billion euros ($10.9 billion) for the first time in company history, while Pon.Bike revenue was 2.4 billion euros ($2.62 billion).

MELBOURNE, Australia (BRAIN) — Reid Cycles restructured its retail network to "right-size," including closing three locations with plans to close another and naming its international managing director, Rob Akam, group CEO.

WASHINGTON (BRAIN) — Cannondale is recalling about 75 Tesoro Neo X Speed e-bikes that were delivered with the right brake lever activating the front brake, contrary to U.S. standards.
Former retailer Tobie DePauw says there is incredible potential for retailers who can harness the momentum of excited riders in the wake of the bike boom. Like in judo, you can use their inertia to your advantage.

BOULDER, Colo. (BRAIN) — The Life Time Sea Otter Classic official Festival Guide is now available online for reading and download.

PORT COQUITLAM, British Columbia (BRAIN) — HLC is now the exclusive outside sales agency for Norco Bicycles in the U.S. Norco will continue providing dealers with direct inside sales, customer service, credit and warranty support.

BENTONVILLE, Ark. (BRAIN) — Walmart is selling its own brand of mountain bikes starting at $198 in three aluminum frame sizes, mechanical disc brakes, and a short-travel suspension forks.

SCOTTS VALLEY, Calif. (BRAIN) — Sources at Bell and Giro tell BRAIN that the Vista Outdoor brands made significant staff layoffs this week, especially in the marketing, brand, and creative departments.

AMES, Iowa (BRAIN) — Switzerland's Open Cycles and its U.S. importer are working with the Consumer Product Safety Commission to recall about 270 gravel bikes and frames used with Campagnolo Ekar brakes.

TAIPEI, Taiwan (BRAIN) — Gary Fisher is back where he wants to be — in Taiwan, hanging out with longtime industry friends at the Taipei Cycle show, but also more generally, back in the game, designing bikes he believes will change the industry, and even the world.