Industry News

Arnold Kamler.

Arnold Kamler is the founder of the U.S. industry's second-largest bike company by volume, Kent International, and he took time to discuss the state of the industry to BRAIN in this Q&A.

Tagged From the Magazine
Ryan Fishel.

SUPERIOR, Colo. (BRAIN) — With e-bikes touted as a replacement for some car trips by many U.S. retailers, Ryan Fishel said it only makes sense to offer a purchasing option like the auto industry. As CEO of The Sweet Spot Bike Leasing, Fishel is giving them one. In April, The Sweet Spot announced a partnership with its first brand, Stromer, to offer e-bikes with an e-commerce leasing option for purchases between $3,000 and $20,000.

Tagged From the Magazine

WASHINGTON (BRAIN) — Utah Sen. Mike Lee once again has introduced legislation to restore bike access to federal Wilderness areas.

ALISO VIEJO, Calif. (BRAIN) — GT Bicycles announced a North American IBD program that will offer build fees and revenue-share of 6% of purchase price to the brand's authorized dealers for derailleur bikes purchased online. 

(BRAIN) — Warner Bros. Discovery has sold Play Sports Network — the parent of cycling website GCN — back to its founders, Simon Wear and Mia Walter.

Tagged Mergers, Acquisitions & Investments
Gillian Forsyth.

BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How do you engage with youth cycling in your store and community?

Tagged From the Magazine

WASHINGTON (BRAIN) — Congressional bike advocate Earl Blumenauer's newest bill is aimed at rejuvenating U.S. bike manufacturing.

Tagged Tariffs / Electric bike

SEATTLE (BRAIN) — Two Three Bird, a cyclist insurance company, has acquired Project 529, a bike-registry and recovery company. 

Tagged Mergers, Acquisitions & Investments

TREVIGLIO, Italy (BRAIN) — Bianchi officially opened its new factory here Tuesday with a manufacturing capacity of 500 bikes per shift.

Andy Smallwood, left, and Adrian Williams.

STRATFORD-UPON-AVON, United Kingdom (BRAIN) — Pashley Cycles named Andy Smallwood its new CEO, replacing Adrian Williams, who remains chairman of the brand.

Smallwood previously was Ribble Cycles' CEO and before that was Boardman Bikes' managing director.

(Pinkbike) — Santa Cruz Bicycles founder Rob Roskopp, who left Santa Cruz soon after it was acquired by Pon, has joined Specialized in an advisory role, Pinkbike reports.

DETROIT (BRAIN) — Cardinal Cycling Group has sold Detroit Bikes to Beacon Manufacturing, a new company that provides services to light electric vehicle manufacturers.

ALBANY, N.Y. (BRAIN) — The New York State Senate passed a legislative package aimed at strengthening lithium-ion battery safety standards, including one that will recognize the European testing standard EN 15194 along with UL 2849.

Tagged Electric bike

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 6.2% year-over-year and raised its full-year outlook.

Net sales for the quarter ending May 4 were $3.02 billion, compared with $2.84 billion at the same time last year.

Tagged Earnings/Financial Reports

WASHINGTON (BRAIN) — Importers of Chinese-made e-bikes, juvenile bikes and some other bike products will be responsible for an additional 25% tariff on those products starting June 14.

Tagged Tariffs

CAMPAGNOLA CREMASCA, Italy (BRAIN) — Deda Elementi parent company Dedaindustrie S.r.l. named SpinCycle LLC the North American OEM sales agency for the component and Dedacciai tubeset company.

DETROIT (BRAIN) — E-bike brand Benno Bikes will utilize Bloom as a development and marketing center for its U.S. operations, tapping into the platform's support, logistics, and future brand development services.

Tagged Electric bike

SAN FRANCISCO (BRAIN) — Registry service Bike Index released a free iOS app to make it easier for registration and for law enforcement to use. Through the app, cyclists can create an account to register one or more bicycles from anywhere in the world.

WASHINGTON (BRAIN) — The U.S. Trade Representative published a Federal Register Notice on Wednesday concerning the Section 301 tariffs on China but it's still unclear whether existing bike products will continue to receive exclusions as the May 31 deadline for ending all exclusions approaches.

Tagged Tariffs / Electric bike
Cleveland elected officials, labor unions and leaders of the North Shore Labor Federation.

NEW YORK (BRAIN) — REI union members at the SoHo store will hold a rally Thursday to demand that the co-op sign a letter of commitment to reach a contract by the end of the year.

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