News
LOUISVILLE, Colo. (BRAIN) — The Pro's Closet laid off 15% of its workforce last week, the certified used bike and component retailer confirmed to BRAIN on Monday.
STOCKHOLM (BRAIN) — MIPS reported third-quarter net sales decreased 39% year-over-year, citing reduced demand for bike helmets in its Sport category.
SEYMOUR, Conn. (BRAIN) — As Sweden-based Thule Group's executives are warning investors of a sharp decline in sales and earnings due to a softening bike sector, the company's Americas division is making organizational changes that include 34 staff cuts in management, product development, and manufacturing.
DALLAS (BRAIN) — New e-bike brands arrive by the boatload these days, but, if for nothing else, Denago deserves a second look based on its all-star leadership team of industry vets.
WASHINGTON (BRAIN) — Ancheer is recalling about 22,000 e-bikes, sold by e-commerce sites including aliexpress, amazon.com, eBay and others because the bikes' lithium-ion batteries can ignite, explode, or spark.
ASHEVILLE, N.C. (BRAIN) — With Clint Spiegel leading an Industry Nine manufacturing tour, you'll need to hustle to keep up. His enthusiasm for what he and his team accomplish daily obviously puts a spring in his step. He's not so much in a rush as he is just excited to show and tell his company's story of quickly becoming one of the bike industry's most iconic and innovative brands.
SEYMOUR, Conn. (BRAIN) — Thule Group has made another unusual mid-quarter financial statement, warning investors that its revenues and profits will be down significantly in its third quarter due to over inventory in the bicycle retailer sector.
MADISON, Wis. (BRAIN) — C+A Global acquired Saris Cycling Group at a bankruptcy auction and will rename the brand Saris Equipment.
LAKE TAHOE, Calif. (BRAIN) — PeopleForBikes is urging land managers to allow the use of Class 1 e-bikes — but no other e-bikes — on all non-motorized, natural surface trails (including singletrack mountain biking trails) where traditional bicycles are allowed.
WASHINGTON — Injuries involving micromobility devices including e-scooters, hoverboards and e-bikes were up 127% between 2017 and 2021 according to a new report by the Consumer Product Safety Commission.
BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: What steps do you take to prevent smash-and-grab theft and protect digital information? What are the additional protections you would like to put into place to prevent theft?
WILMINGTON, Del. (BRAIN) — Wahoo Fitness is suing Zwift and JetBlack for allegedly infringing on three Wahoo patents related to its stationary trainers.
JACKSONVILLE, Fla. (BRAIN) — Trek Bicycle Company has purchased longtime shop LakeShore Bicycles. LakeShore Bicycles owner Charlie Fetzer made the announcement on his Facebook page Thursday.
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