Industry News

 ODI Vanquish grips.

MONTEREY, Calif. (BRAIN) — Impact protection company D3O arrived at the Sea Otter Classic ready to tighten its grip on the mountain bike market with an expansion into contact points like grips and anti-vibration footwear.

Tagged Sea Otter Classic

MONTEREY, Calif. (BRAIN) — Motorex lubricants and cleaning products are on display at the Shimano booth at the Sea Otter Classic this week as Shimano North American begins distributing the line to North American retailers. 

Tagged Sea Otter Classic
Kona sent out an email recently inviting fans to visit them at the Sea Otter.

MONTEREY, Calif. (BRAIN) — Kona Bikes employees were tight-lipped Wednesday after the brand's employees set up a display at the Sea Otter Classic expo (which opens Thursday) and then began breaking it down.

Tagged Sea Otter Classic
Company is moving Munich Composite's manufacturing equipment to South Carolina.
Photo of Munich's European factory provided by Munich.

SPARTANBURG COUNTY, S.C. (BRAIN) — Two supporters of domestic manufacturing are teaming to begin production of carbon fiber rims for the original equipment market.

Tagged Tariffs / Sea Otter Classic

(BRAIN) — Huffy announced a partnership with Earthbound — a product design, licensing, and brand growth company — that will allow the bike brand to expand into new markets and product categories domestically and internationally.

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?

Tagged From the Magazine

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.

(BRAIN) — Police were reportedly called to Scott Sports headquarters in Switzerland on Wednesday afternoon to respond to what officials said was "a dispute between managers." 

PONCHA SPRINGS, Colo. (BRAIN) — Canfield Bikes announced Wednesday it is relocating from Fruita to a location just outside Salida that includes a larger warehouse, connected office and retail space, and eventually will offer mountain bike demos and rentals.

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.

Beat goes on.

GIVISIEZ, Switzerland (BRAIN) — Industry veteran Beat Zaugg, who has been an owner of Scott Sports since 1998, says he remains the brand's CEO, a minority shareholder and chairman of its parent company board, despite a news release Friday saying that the board had fired him.

GIVISIEZ, Switzerland (BRAIN) — Scott Sports Board of Directors replaced CEO Beat Zaugg "to refresh Scott's development to become a world-class manufacturer in bikes and other outdoor sport categories."

KATY, Texas (BRAIN) — Academy Sports + Outdoors will continue to expand its footprint this year by opening 15 to 17 new stores, with one in Knightdale, North Carolina, already up and running last week and another in Greenwood, Indiana, scheduled for April.

Stromer ST7.

OBERWANGEN, Switzerland (BRAIN) — MyStromer AG and Revolt Zycling AG settled a patent infringement lawsuit with the latter signing a cease-and-desist order and agreeing to pay a confidential settlement amount.

Tagged Lawsuits/legal
CSL's facility in Iowa.

AMES, Iowa (BRAIN) — As the German distributor Messingschlager pulls back from the U.S. market, industry veteran Nyle Nims has relaunched his 3PL business in Iowa, now called Cycle Source Logistics. CSL provides third-party logistics services to clients in and outside of the bike industry.

 The Juggernaut FS Step-Thru was among the models stolen.

DELTA, British Columbia (BRAIN) — A 40-foot shipping container with 150 Biktrix e-bikes valued at more than $500,000 — including some 2025 prototypes — was stolen from a warehouse here during the early morning hours of March 19.

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.

UPDATED

NEWARK, N.J. (BRAIN) — Samuel J. Mancini is scheduled to report to the U. S. Bureau of Prisons in Colorado on Tuesday, April 2.

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.

Tagged Electric bike

TAICHUNG, Taiwan (BRAIN) — On Wednesday, Giant Group's board approved its full 2023 financial report, which shows consolidated sales of NT$76.95 billion ($2.44), an annual decline of 16.4%.

Tagged Earnings/Financial Reports

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