Industry News

HEERENVEEN, Netherlands (BRAIN) — Accell Group recently issued a business update to its shareholders and business partners and included an update on its Babboe cargo bike recall over concerns about the structural integrity of its frames.

ALBANY, N.Y. (BRAIN) — New York Gov. Kathy Hochul on Thursday signed into law a legislative package to enhance lithium-ion battery safety standards that includes recognizing EN and UL testing standards.

Tagged Electric bike
David Sperstad.

BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: What are your expectations of sales reps? How are relations among retailers, sales representatives, and manufacturers?

Tagged From the Magazine

EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent company Helen of Troy's net sales fell 12.2% in the first quarter year-over-year. The Home & Outdoor category, which Osprey and Hydro Flask are part of, declined 8.6%.

Tagged Earnings/Financial Reports
More product highlights as the organizers announce increases in trade and consumer attendance.

FRANKFURT, Germany (BRAIN) — Organizers of Eurobike, which closed Sunday following its closing weekend consumer festival, said attendance by both consumers and trade visitors was up slightly this year over last. 

Tagged Eurobike
The War on Presta, and more.
Photo: Nicolas Det/Eurobike

FRANKFURT, Germany (BRAIN) — Day 2 (July 4) at Eurobike lacked fireworks, but pretzels, wiener schnitzel and potato salad were an acceptable substitute for hot dogs, apple pie and — potato salad. Here are a few things we turned up.

Tagged Eurobike
Photo: Eurobike/Frank Baumhammel

FRANKFURT, Germany (BRAIN) — The third Eurobike to be held at the Frankfurt Messe opened Wednesday for three days of trade show action followed by a weekend consumer festival.

Tagged Electric bike / Eurobike

WATERLOO, Wis. (BRAIN) — Trek Bicycle will join other brands in offering a direct-to-consumer bike buying option after unveiling its Consumer Choice program that will provide 15% to 20% margins to the consumer's closest Partner Level retailer.

Blair Clark.

CARLSBAD, Calif. (BRAIN) — Canyon's Blair Clark is retiring as North America general manager, and his responsibilities are being temporarily transferred to the brand's headquarters in Koblenz, Germany.

SALT LAKE CITY, Utah (BRAIN) — Scott Sports has appointed Hap Seliga as president of its US subsidiary.

UPDATED with bid price.

OMAHA, Neb. (BRAIN) — Spia Cycling, a subsidiary of Giant Manufacturing, has emerged as a stalking horse bidder for the assets of Stages Cycling LLC. Stages, Foundation Fitness LLC and related companies filed for Chapter 11 protection in Nebraska’s federal bankruptcy court here on June 22. 

Tagged Lawsuits/legal

(BRAIN) — Following a report by the World Health Organization about rising levels of physical inactivity globally, several industry brands have signed onto to a statement calling for "urgent and coordinated action" to combat the trend. 

Randy Hales.

SALT LAKE CITY (BRAIN) — Kent Outdoors named Randy Hales CEO. Hales held previous CEO positions at Next Level Apparel; ZAGG Inc., a global mobile accessory company; and Back to Basics, a kitchen appliance company.

Mackinac Island, Michigan.

BOULDER, Colo. (BRAIN) — PeopleForBikes released its 2024 City Ratings, evaluating more than 2,500 cities globally on how bicycle friendly they are and ranking them by population.

MILAN (BRAIN) — Pirelli Cycling announced it will begin using Forest Stewardship Council natural rubber in its P Zero Race TLR RS tires, becoming the first bike brand to implement the global standard certifying that the material comes from forests managed to environmental, social, and economic standards.

Tagged DEI and Sustainability
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


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