Industry News
TAICHUNG, Taiwan (BRAIN) — Giant Group is reporting a strong second quarter, with improved revenues and profits compared to the same period last year.
NEW YORK (BRAIN) — Sales in Fox Factory's Speciality Sports Group, which includes its bicycle business, were down 9.4% in the company's second quarter, compared to the same period last year.
NEW YORK (BRAIN) — Mayor Zohran Mamdani said Wednesday legal action will be taken against online retailers selling e-bikes, e-scooters, and other motorized devices that exceed speed, weight, or fail to meet other mandatory city safety requirements.
HEERENVEEN, Netherlands (BRAIN) — Nearly six months after securing new investors with the goal of restructuring and reducing debt, Accell Group announced Wednesday that it has started insolvency proceedings.
WASHINGTON (BRAIN) — The number and value of non-electric bikes imported in the first half of 2026 increased slightly over the same period last year, new figures show. And the imported bikes’ country of origin shifted again as the industry hustles to respond to tariff changes amidst queasy market conditions.
WASHINGTON (BRAIN) — More than 10 months after Customs and Border Protection blocked U.S. imports from Giant Group’s Taiwan factory over alleged forced labor violations, there is little sign of resolution, despite the company’s reforms. Legal experts say it could be many more months before a resolution.
NORFOLK, Va. (BRAIN) — A Virginia Beach woman is suing Amazon and a Chinese e-bike brand for $1 million after alleged brake failure led to facial and body injuries.
TAIPEI (BRAIN) — Merida Industry's president and Chief Information Security Officer resigned in July.
OLATHE, Kan. (BRAIN) — Garmin's Fitness segment once again helped the company post an 11% year-over-year consolidated revenue increase in the second quarter.
TOKYO (BRAIN) — Shimano says soaring raw material costs due the Middle East war may force it to slightly raise prices on bicycle components next month.
WATERLOO, Wis. (BRAIN) — Trek Bicycle announced Monday that all electric mountain bikes it sells will be class 1, be limited to 20 mph assisted speed, and will not have a throttle.
SAN MATEO, Calif. (BRAIN) — The Nasdaq Stock Market notified GoPro again on Tuesday its Class A common stock has been below the minimum bid price of $1 for 30 consecutive days, which is in violation of listing rules. It's the latest sign of a struggling action camera brand that's exploring selling or merging.
RAPID CITY, S.D. (BRAIN) — Strider Bikes is now the exclusive authorized retailer for Kellys children's bikes in the United States.
ASHEVILLE, N.C. (BRAIN) — Cane Creek Cycling Components is permanently reducing the price of up to 25% on two more components about a year after dropping the price of its Tigon air-charged coil shock.
WASHINGTON (BRAIN) — The Trump administration on Thursday announced new Section 301 tariffs of 10% and 12.5% that apply to 99.4% of all imports, including those from the major bike-producing nations of Taiwan, China, Cambodia, Vietnam and Malaysia.
Last week, PeopleForBikes (PFB) launched their America Builds Bikes initiative in support of the U.S. Bicycle Production and Assembly Act, (HR 3904) currently under consideration in the U.S. House of Representatives.
BRISTOL, U.K. (BRAIN) — Kelsey Media, a U.K. publisher that owns a variety of consumer media titles, has acquired three cycling titles froM Our Media> the Bike Radar digital brand and the print brands Cycling Plus and MBUK.
OLATHE, Kan. (BRAIN) — Garmin acquired TrainingPeaks and TrainHeroic platforms. Financial terms of the acquisition announced Wednesday will not be disclosed.
MONTEREY, Calif. (BRAIN) — Wilier, the 120-year-old Italian bike brand, announced its new plan for the U.S. market.
WASHINGTON (BRAIN) — The League of American Bicyclists is urging Congress to explain why the Department of Transportation is no longer encouraging states and local governments to provide safety measures like bike lanes.
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