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ASHEVILLE, N.C. (BRAIN) — Kitzuma Cycling Logistics suspended its delivery service for the fall and winter and laid off most of its driver network in reaction to slowing demand for its door-to-door bike shipping business.
WASHINGTON (BRAIN) — Bike USA Inc. is recalling its Punisher adult cycling helmets because they do not comply with the CPSC's positional stability and impact attenuation requirements, according to a press release from CPSC.
STOCKHOLM (BRAIN) — Thule Group net sales fell 23% year-over-year as global demand for bike products waned because of high inventory levels.
DENVER (BRAIN) — Organizers of The Big Gear Show and the new (e)revolution e-bike show plan to run them concurrently at the Colorado Convention Center here next June 8-11.
The first two editions of The Big Gear Show, which includes bike and outdoor exhibitors, have been held in Park City, Utah.
OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue decreased 4% year-over-year, with the Fitness segment experiencing an 18% decline.
BRIGHTON, United Kingdom (BRAIN) — Startup aerodynamic drag force measurement system Body Rocket announced its recent raise attracted more than 190 UK and EU investors.
TREVISO, Italy (BRAIN) — Cicli Pinarello said its sales were up 24% in its most recent fiscal year, which closed June 30. The company had sales of 84 million euros ($83.6 million at today’s exchange rate) according to a press release.
Attorney Jim Moss explains an aspect of the recent State Farm vs. Rad Power Bikes lawsuit.
CHICAGO (BRAIN) — Longtime SRAM marketing chief David Zimberoff will soon leave the company to focus on a transportation research project for World Bicycle Relief, a nonprofit launched by SRAM's co-founders in 2005 and supported by the company and others.
OSAKA, Japan (BRAIN) — Shimano said “strong interest” by consumers in bicycles shows signs of cooling down, but demand is still higher than it was prior to COVID-19.
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association and consultant group Human Powered Solutions are asking retailers and suppliers to participate in a survey on e-bike lithium-ion battery incidents.
BOULDER, Colo. (BRAIN) — E-bike sales in the U.S. have grown 300% in the past five years. More and more retailers are saying, "E-bikes are our future." Despite the rosy glow around the category, there are concerns among the movement's leaders. So let's take a look at the five challenges that lie ahead.
KIRKWOOD, Mo. (BRAIN) — Since he began offering ultrasonic carbon fiber inspections in June, St. Louis-area carbon repair and paint shop owner Nick Hand has found manufacturing defects in two bikes that showed no signs of damage.
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