Industry News
GUNNISON, Colo. (BRAIN) — The International Mountain Bicycling Association has produced a one-page buyer's guide to help mountain bikers understand e-bike technology, regulations, and other issues before they buy an e-bike.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 7.7% in the third quarter and raised full-year guidance.
Net sales for the quarter ending Oct. 29 were $3 billion, up from $2.7 billion from the same time last year. Comparable store sales increased 6.5%.
SUN VALLEY, Idaho (BRAIN) — Now in its fifth year to support women's brands, Women-Led Wednesday 2022 carries more significance than ever in light of the abortion rights debate this year, said the CEO of Women-Led Wednesday and Wild Rye mountain apparel company, Cassie Abel.
(BRAIN) — FSA and Vision is reporting an increase in websites and e-commerce sites that refer to both brands without authorization.
Both are reminding the industry the only official company websites are:
AMES, Iowa (BRAIN) – Messingschlager USA has named industry veteran Pat Cunnane as its CEO. Cunnane most recently was president and chief operating officer of Yuba Bicycles.
SEATTLE (BRAIN) — Mike Radenbaugh, who built his first e-bike in his garage 15 years ago, will step down as Rad Power Bikes CEO and transition to chairman of the board to focus on e-bike advocacy and innovation.
LONDON (VELONEWS) — Rapha's CEO William Kim will step down, with Francois Convercey and Daniel Blumire taking over as joint managing directors, the company announced.
(CYCLINGTIPS) — The scammers are at it again. Sramcycling-dot-com is the latest in a string of websites offering cycling components at prices just too good to be true.
ASHEVILLE, N.C. (BRAIN) — Kitsbow Cycling Apparel has emphasized community since relocating three years ago from California to the tiny textile town east of here in Old Fort. From helping with a mural project celebrating efforts to desegregate schools in the South to creating living wage jobs, Kitsbow quickly became a neighborhood business leader.
BOULDER, Colo. (BRAIN) — Outside Inc., the parent company of BRAIN, VeloNews, Pinkbike, Cyclingtips and other cycling-related titles and events, announced a round of staff layoffs Wednesday.
NEW YORK (BRAIN) — New York fire officials say they agree with five bills that the City Council is considering to address lithium-ion battery fires. A group calling for solutions to the city's charging-related fires held a news conference before the meeting.
BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: How’s inventory, and what preparations are you making for the end-of-year sales season?
WILTON, Conn. (BRAIN) — Cannondale announced a new global unified organizational structure that will eliminate regional general managers and, the company said, leverage Pon.Bike to enhance operations and growth.
DESDEN, Germany (BRAIN) — German e-commerce retailer Bike24 had third-quarter sales of 72.6 million euros ($73.8 million), up 12.9% from the same period last year.
CAPE TOWN, South Africa (BRAIN) — Protective gear brand Leatt Corporation reported an 18th consecutive quarter of growth with third-quarter revenue increasing 5% year-over-year.
(BRAIN) — TheInformation.com, a tech trade title, is reporting that Sequoia Capital's China wing has made a recent investment in the e-bike brand Aventon. The investment would value the company at $590 million, according to the report, which cites two anonymous sources.
NEW YORK (BRAIN) — The City Council will discuss five proposed legislative bills about lithium-ion battery fire safety next week in response to the outbreak of incidents this year.
NEW YORK (BRAIN) — COVID-19, massive consumer demand, and the war in Ukraine have upset the industry's supply chain in recent years. Rough seas also played a part.
CHICAGO (BRAIN) — SRAM informed dealers that it's allowing a temporary deviation from retail pricing guidelines in the U.S. market on just under 200 SKUs. The promotion goes through Dec. 31.
NEW YORK (BRAIN) — The New York Fire Department said lithium ion batteries on e-mobility devices caused an apartment building fire on Saturday that injured 38 people.
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