News
AMES, Iowa (BRAIN) — Messingschlager USA told customers on Friday that HLC is taking over distribution for its brands in the U.S.
CHANHASSEN, Minn. (BRAIN) — Life Time Group Holdings, the fitness center company that also owns some bike events including the Sea Otter Classic, Unbound Gravel and Leadville 100 races, reported 2023 full-year revenues were up 21.6% from the prior year, to $2.2 billion.
NEW YORK (BRAIN) — The first of five public outdoor lithium-ion battery charging stations opened Thursday, part of a six-month pilot program aimed at preventing residential battery fires.
FRANKFURT (BRAIN) — Eurobike organizer fairnamic GmbH has set the date for next year's show: Eurobike 2025 will be held June 25-29.
WASHINGTON (BRAIN) — Cannondale is recalling some "Dave" 26-inch bikes because of reports of frame failures.
The recall affects model-year 2021 through 2023, with about 660 bikes sold in the U.S. and about 113 sold in Canada.
LOS ANGELES (BRAIN) — Cycling and outdoor apparel brand swrve plans to close after 20 years in business, citing escalating operating costs. While no more orders will be placed, swrve will continue operations to sell off inventory in the coming months.
AMSTERDAM (BRAIN) — VanMoof is providing access to repair manuals, guides, and technical drawings for e-bikes released in 2018 and earlier, materials that were previously accessible only to certified shops.
(BRAIN) — Fox Factory revenues in its Speciality Sports Group, which includes its bike-related brands, were down 43% in the company’s 2023 fiscal year, a decline the company attributed to “channel inventory recalibration” and “lower end consumer demand.”
MARIN, Calif. (BRAIN) — Mountain Bike Hall of Famers Charlie Cunningham and Jacquie Phelan are selling Cunningham’s customized and refurbished Phil Wood & Co. spoke threading machine to support his ongoing care following a bike accident almost nine years ago.
PHILADELPHIA (BRAIN) — A settlement was reached Friday in State Farm Insurance Company's civil action lawsuit against Rad Power Bikes on behalf of an insured homeowner client who suffered property damage after his e-bike caught fire.
OLATHE, Kan. (BRAIN) — Garmin Ltd. posted record revenue for 2023, while fourth-quarter revenue increased 13% year-over-year boosted by the Fitness segment.
ALISO VIEJO, Calif. (BRAIN) — GT Bicycles is amid a transformation back to its IBD and off-road roots, the company says, and longtime industry pro Jason Schiers has had a lot to say about it.