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Camping reservations set an event record.
MONTEREY, Calif. (BRAIN) — Let James Ayres, Haro Bike’s director of North American sales, put the spotlight on this season’s Sea Otter Classic: “It literally blew us away. It was borderline flabbergasting,” said Ayres in an interview.
DENVER (BRAIN) — The Colorado General Assembly has passed an expanded Right to Repair bill, but it's unclear if it will apply to e-bikes because motor vehicles are excluded.
OLATHE, Kan. (BRAIN) — Garmin Ltd. first-quarter revenues grew 20% year-over-year — with all segments achieving record numbers during that period — while operating income increased 51%.
Increasing worker pay contributed to losses.
SEATTLE (BRAIN) — REI Co-op reported a net loss of $311 million in 2023 with yearly revenues declining 2.4% compared with the previous year.
WILTON, Conn. (BRAIN) — Cannondale has reduced its workforce by "less than 1%" during a company reorganization from a multi-regional to unified global structure, a company spokesperson told BRAIN.
OGDEN, Utah (BRAIN) — ENVE Composites is returning to its roots as a Utah-owned and managed brand after several years as part of a global sports empire, the company’s general manager says.
WASHOUGAL, Wash. (BRAIN) — Efficient Velo Tools, a long-time supplier of shop-quality workstands and other tools, has launched its first portable stand, called the Field Unit.
OGDEN, Utah (BRAIN) — Amer Sports has sold ENVE Composites to PV3, a Utah-based private investment firm.
MONTEREY, Calif. (BRAIN) — A California company is targeting the bike industry with thermoplastic technology, including a new spoke. Its investors include Youngone.
STOCKHOLM (BRAIN) — Buoyed by Sports & Cargo Carriers, Thule Group's first-quarter net sales increased 8.7% year-over-year.
BENTONVILLE, Ark. (VELO) — Rapha has closed its North American office here, but the brand's CEO says the area remains its North American headquarters.
WASHINGTON (BRAIN) — Some multipurpose kids' bike helmets sold on Temu.com and imported by Chau River Sports Outdoors are being recalled because they don't comply with the Consumer Product Safety Commission impact certification requirements.
STOCKHOLM (BRAIN) — MIPS' first-quarter net sales decreased 6% year-over-year, and despite what the helmet technology company said was a return to more normal bike inventory levels, its Sport sub-category still declined 9%.
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PORTLAND, Ore. (BRAIN) — North St. Bags has redesigned and refreshed its bikepacking products, including the Adventure Micro Pannier, Roll-Top Trunk Bag, and Handlebar Pack.
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