Latest News

NEW YORK (BRAIN) — Mayor Eric Adams this week finalized the city's e-mobility device and battery trade-in program for food-delivery workers.

CRESTON, N.C. (BRAIN) — There will be a 51st year of building bike and motorcycle frames for Steve Garn, but in the early days after the remnants of Hurricane Helene damaged his home and fabrication buildings here nearly a month ago, he had doubts.

STOCKHOLM (BRAIN) — MIPS' year-over-year net sales jumped 61% in the third quarter boosted by growth in the Sports category, which includes bike helmets. The company attributed the growth to inventory levels improving industry-wide.

LONDON (BRAIN) — Rapha Racing LTD’s total revenues totaled 110 million pounds ($139.7 million at January’s exchange rate) in the 12 months that ended Jan. 28, 2024, down 7% percent from the preceding 12-month period and down from 138 million pounds the year before that.

NEW YORK (BRAIN) — Peloton is expanding its third-party retail network further by offering the Peloton Bike+ at 300 U.S. Costco stores and online during the holiday season beginning Nov. 1.

STOCKHOLM (BRAIN) — Thule Group net sales in the third quarter increased 1.4% year-over-year, but its CEO said the North American market continues to lag "with cautious consumers and retailers."

SACRAMENTO (BRAIN) — Gov. Gavin Newsom signed several e-bike bills into law at the end of September, including one that specifically defines what the state considers to be an e-bike in an effort to address concerns about throttle-powered bikes.

UPDATED

PASO ROBLES, Calif. (BRAIN) — Cambria Bike, one of the oldest operating e-commerce businesses in cycling, has acquired the intellectual property from Planet Cyclery and Colorado Cyclist, which closed this year. Planet Cyclery has already begun a soft relaunch and Colorado Cyclist may re-launch soon.

MORGAN HILL, Calif. (BRAIN) — Participating Specialized retailers worldwide will begin offering free single-tool repairs to anyone with any bike brand on Saturday with other free-repair days to follow.

KENNEWICK, Wash. (BRAIN) — Carbitex, which makes carbon fiber soles used in cycling shoes by Scott, Lake and other brands, has closed a new funding round for an undisclosed amount. Since 2016, Carbitex has closed on at least five Series A and Series B funding rounds totaling at least $15 million. 

LOUISVILLE, Colo. (BRAIN) — Local Liquidators is handling the auction of the contents of The Pro's Closet facility here. The used bike seller closed its doors earlier this month.

Photo by Ray Keener

When Ron Kozy bought a Rolls Royce from selling kickstands, he wasn't showing off. He was making a point.

Win Allen.

BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: How’s profitability compared to last year, and how do you measure it? What tactics have been producing the largest and smallest results on your profitability in 2024?

BRAIN's Weekly Survey

Retailers, how does your business handle accounting?

New Product

OAKLAND, Calif. (BRAIN) — Enduro Bearings has launched a new suspension pivot bearing lineup that features a solid lube formula and a black oxide treatment that the company said provides exceptional wear resistance in all conditions.