Industry News
WASHINGTON (BRAIN) — New tariffs affecting nearly every U.S. trade partner were announced by the White House hours before the Friday "reciprocal" tariff deadline, including major bike supplying nations. The tariffs will take place Aug. 7, with the exception of Canada.
WASHINGTON (BRAIN) — President Trump signed an executive order that will eliminate the $800 import threshold for goods from all countries beginning Aug. 29, including e-bikes, lithium-ion batteries, and related bike parts and accessories that are often hazardous.
FRANKFURT (BRAIN) — Eurobike will be shortened next year with the consumer festival being reduced to one day to reduce costs. The Fairnamic GmbH’s trade show organization made the announcement, saying it’s reacting to the changing global bike industry and offering a more compact and cost-effective event.
PARIS (BRAIN) — The French bike industry is on the verge of big changes due to the recently announced plans of the national government to create conditions for almost doubling of domestic production of bikes and more active popularization of cycling in the country in years to come.
CLAYTON, Ga. (BRAIN) — Novatec Wheels U.S. Inc. has ceased operations as of a month ago, the company announced on Wednesday.
OLATHE, Kan. (BRAIN) — Demand for fitness products helped Garmin Ltd. report record consolidated revenue for the second quarter, and the company also announced the acquisition of MYLAPS, a Dutch integrated timing company for running, cycling, and motorsports.
CEDARVILLE, Ohio (BRAIN) — Sojourn Cyclery has been at trade shows before, but for the first time at the two-day Philly Bike Expo in March, owner Jay Kinsinger set up a workshop at his booth to give attendees a tiny glimpse of what goes into manufacturing a custom wooden frame.
OSAKA, Japan (BRAIN) — Shimano bike division net sales in the first half increased 11.6% year-over-year with the component giant saying strong global interest continues despite inventory remaining high in some regions. In North America, Shimano said retail sales of bikes remained weak while inventory was appropriate.
WESTLAKE VILLAGE, Calif. (BRAIN) — Fax machines and flip phones are yesterday's technology to most, but for those still using them, there's comfort in their familiarity. John Quintana understands. He spent several years focusing on upgrading one of this industry's oldest and most overlooked standards: Presta and Schrader inflation valves and the pump heads that affix to them.
WASHINGTON (BRAIN) — A preliminary trade deal between the European Union and the United States would set tariffs on European products at levels not seen since before the Great Depression. But the 15% tariff announced over the weekend is a reduction from the 30% that the Trump administration had been threatening.
PRAGUE (BRAIN) — Indoor cycling platform Rouvy has acquired competitor Bkool for an undisclosed amount.
WASHINGTON (BRAIN) — The Supreme Court on Wednesday overturned a federal judge's ruling reinstating three Consumer Product Safety Commissioners fired by President Trump in May.
WASHINGTON (BRAIN) — The Trump administration has recently announced preliminary trade agreements with some countries that export bicycle products to the U.S., but so far there are no new agreements with the largest suppliers to the industry, and few details on the agreements that have been announced.
UTICA, N.Y. (BRAIN) — eBliss Global plans to invest more than $4.1 million in an e-bike assembly and logistics factory here, the company announced Wednesday.
STOCKHOLM (BRAIN) — Thule Group's net sales in the company's second quarter were up 9.8%, largely thanks to the addition of Quad Lock revenue to the mix. Thule announced it was buying Quad Lock last November.
STOCKHOLM (BRAIN) — Helmet technology brand MIPS reported that sales were up 16% for the first half of the year, with helmet manufacturers initially stalling orders until they got more clarity on tariffs.
CARLSBAD, Calif. (BRAIN) — Ben Coates, an industry veteran most recently the president and COO of Revel Bikes, has joined Canyon Bicycles as its U.S. general manager.
CLAREMONT, Calif. (BRAIN) — Gabe Millar, the new owner of the 18-year-old retail site Cantitoe Road, said he plans to continue selling its mainstay products from Connex and Effetto Mariposa to consumers, and hopes to revive the company’s wholesale business as well.
THALWIL, Switzerland (BRAIN) — Wheel brand Swiss Side has released an open letter to the international cycling union, UCI, objecting to recently announced rules that would ban rims taller than 65mm in UCI road races. The rule takes effect on Jan. 1, 2026.
HAUSEN, Germany (BRAIN) — YT Industries is restructuring in Germany, the company announced Wednesday in a YouTube video posted by the brand's founder, Markus Flossman.
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