BRAIN Staff

All articles by BRAIN Staff

Roll: Bicycle Company to close its remaining two retail stores

May 7, 2024

COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company will close its remaining two retail locations in Bexley and Upper Arlington this month in response to an industry that is "really challenging right now, particularly for independent local retailers," founder and CEO Stuart Hunter

Posted in Retail News

State of Retail: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?

May 7, 2024
Larry Tetone.

BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What types of insurance do you carry, and have you increased coverage in the last 1 to 3 years?

Posted in Industry News

Bike-carrier demand helps propel Thule's 9% Q1 net sales gain

April 26, 2024

STOCKHOLM (BRAIN) — Buoyed by Sports & Cargo Carriers, Thule Group's first-quarter net sales increased 8.7% year-over-year.

Posted in Industry News

Colnago's sales growth continued in 2023

April 23, 2024

CAMBIAGO, Italy (BRAIN) — Colnago reported sales of 55.7 million euros ($59.6 million) in 2023. The privately held company's financial statements were approved at a shareholders' meeting on Tuesday.

Posted in Industry News

State of Retail: Best practices for recruiting, hiring, and retaining qualified sales people and mechanics?

April 11, 2024
Julie Muyllaert.

BOULDER, Colo. (BRAIN) — For our April magazine edition, we asked our State of Retail panel members: What are your best practices for recruiting, hiring, and retaining qualified sales people and mechanics?

Posted in Industry News

House passes EXPLORE Act to enhance land and water management

April 10, 2024

WASHINGTON (BRAIN) — The House of Representatives on Tuesday passed the Expanding Public Lands Outdoor Recreation Experiences (EXPLORE) Act, legislation supported by outdoor and bike industry groups.

Posted in Industry News

Bike industry safe after Taiwan earthquake

April 3, 2024
A building in Hualien County, Taiwan, on Wednesday. Photo released by Taiwan Presidential Office.

TAIPEI, Taiwan (BRAIN) — Industry members in Taiwan say Wednesday's 7.4 magnitude earthquake did little more than shake up residents and perhaps knock some products off the shelves.

Posted in International

Frasers Group to relaunch CRC/Wiggle e-commerce sites

March 25, 2024

SHIREBROOK, England (BRAIN) — The Wiggle and Chain Reaction Cycles e-commerce websites will relaunch in the United Kingdom after Frasers Group acquired them and their house brands, including Nukeproof and Vitus Bikes.

Posted in International

PeopleForBikes developing industry comment on CPSC e-bike rulemaking

March 19, 2024

BOULDER, Colo. (BRAIN) — Industry group PeopleForBikes will work on a "comprehensive comment" in support of the Consumer Product Safety Commission's decision to address e-bike injury risks with new federal rules.

Posted in Industry News

Despite steep full-year revenue decrease, Leatt expects rebound

March 13, 2024

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported year-over-year revenue declines for 2023 (38%) and the fourth quarter (10%), but CEO Sean Macdonald said the cycling and motorcycle protective brand sees better days ahead.

Posted in Industry News

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