News
The more things change in the bike business, the more they stay the same.
NEW YORK (BRAIN) — Bloomberg is reporting that Amer Sports has made a confidential filing for an initial public offering in the U.S. that would value the company as high as $10 billion.
SAN FRANCISCO (BRAIN) — A trial date was established Thursday in a man's lawsuit claiming general negligence, product liability, and breach of warranty against Rad Power Bikes after the case management conference was canceled.
WASHINGTON (BRAIN) — The U.S. Trade Representative has extended its tariff exclusions for some China-made bicycle products until Dec. 31.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission issued warnings to stop using two adult bike helmets because they failed federal safety standard tests.
WASHINGTON (BRAIN) — Pirelli is recalling its P ZERO Race TLR tires because the bead can unseat from the rim, creating a fall hazard.
WATERLOO, Wis. (BRAIN) — Despite the marketplace awash with new bike inventory, Trek Bicycle is encouraging cyclists to buy used in the name of sustainability through its new Red Barn Refresh program.
TAIPEI, Taiwan (BRAIN) — Speed Tech, an electrical connector supplier, says VanMoof Asia owes it $5,038,000.
WILMINGTON, Del. (BRAIN) — A year to the day after Zwift launched its first stationary trainer, the Hub — which led Wahoo Fitness to quickly file suit for patent infringement — Zwift and Wahoo are announcing terms of an "amicable settlement" that include each company selling bundles containing the other’s products.
BOZEMAN, Mont. (BRAIN) — Vista Outdoor made a public filing with the Security and Exchange Commission Tuesday, revealing details of its plan to spinoff its outdoor sports brands into a new company separate from its ammunition business.
COLUMBUS, Ohio (BRAIN) — Roll: Bicycle Company filed for Chapter 11 bankruptcy protection on Thursday. Roll has three retail stores and its own bike brand that it sells wholesale and to consumers.
SCHLITTERS, Austria (BRAIN) — Lithium-ion battery manufacturer The BMZ Group acquired e-bike brand Nox Cycles Austria, its sister companies in Germany and Switzerland, and the Hawk Bikes brand.
AMSTERDAM (BRAIN) — Pon Holdings and Volkswagen Financial Services will collaborate to expand e-bike leasing for employees and commercial customers in the U.S. and Europe.
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