Industry News

STOCKHOLM (BRAIN) — Thule Group's net sales in the company's second quarter were up 9.8%, largely thanks to the addition of Quad Lock revenue to the mix. Thule announced it was buying Quad Lock last November.

Tagged Earnings/Financial Reports

STOCKHOLM (BRAIN) — Helmet technology brand MIPS reported that sales were up 16% for the first half of the year, with helmet manufacturers initially stalling orders until they got more clarity on tariffs. 

Tagged Earnings/Financial Reports
Ben Coates, photo courtesy of Canyon Bicycle.

CARLSBAD, Calif. (BRAIN) — Ben Coates, an industry veteran most recently the president and COO of Revel Bikes, has joined Canyon Bicycles as its U.S. general manager.

CLAREMONT, Calif. (BRAIN) — Gabe Millar, the new owner of the 18-year-old retail site Cantitoe Road, said he plans to continue selling its mainstay products from Connex and Effetto Mariposa to consumers, and hopes to revive the company’s wholesale business as well. 

Swiss Side launched its 68mm tall Hadron wheels on July 4.

THALWIL, Switzerland (BRAIN) — Wheel brand Swiss Side has released an open letter to the international cycling union, UCI, objecting to recently announced rules that would ban rims taller than 65mm in UCI road races. The rule takes effect on Jan. 1, 2026. 

Flossman on the Youtube video.

HAUSEN, Germany (BRAIN) — YT Industries is restructuring in Germany, the company announced Wednesday in a YouTube video posted by the brand's founder, Markus Flossman. 

LeMond delivers emotional speech on sacrifice and 'showing up when it matters most.'
LeMond speaks at the medal ceremony on July 9. Photo by Alex Wong/Getty Image

WASHINGTON (BRAIN) — Industry retailers and suppliers joined federal lawmakers last week to see Greg LeMond awarded the Congressional Gold Medal.

WASHINGTON (BRAIN) — An Administrative Law Judge issued an initial finding that a Chinese company violated federal law by importing and selling cameras that infringed on GoPro's intellectual property.

Tagged Lawsuits/legal

TAIPEI,  Taiwan (BRAIN) — Giant Group’s revenues in the first half of the year totaled NT$32.6 billion ($1.1 billion), down 12.4% from the same period last year.

Tagged Earnings/Financial Reports
Photo courtesy QBP.

MINNEAPOLIS (BRAIN) — Quality Bicycle Products will hold its Frostbike show next winter for the first time since 2022.

The long-running distributor show will be held at QBP headquarters in Minneapolis, February 26–28.

EL PASO, Texas (BRAIN) — Helen of Troy, parent company of Osprey and Hydro Flask, reported net sales decreased 10.8% year-over-year in the first quarter with the interim CEO saying tariffs impacted the bottom line.

Tagged Earnings/Financial Reports
Staci May.

BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: How would you describe relations with key suppliers and sales reps, and what supplier actions have most impacted your shop’s success?

Tagged From the Magazine
Michael Larson

(BRAIN) — Michael Larson, who worked for Accell, Trek, Giant and others in a long career in the bike industry, died on June 22 at age 66,

VARESE, Italy (BRAIN) — SRAM has acquired the Italian chainring spider manufacturer Ochain, whose chain-dampening component has become a staple on World Cup downhill and enduro bikes.

Fabrizio Dragoni, who founded Ochain in 2019, will continue to lead the brand from a new facility in Italy.

Tagged Mergers, Acquisitions & Investments
Drawing from Fox's 8,550,223 patent related to bleed valves.

DENVER (BRAIN) — Fox Factory’s three-year-old patent lawsuit against SRAM will be fought over narrower ground after a Patent Office board sided with SRAM and found that all the relevant claims in a Fox patent are unpatentable.

Tagged Lawsuits/legal

FRANKFURT (BRAIN) — Eurobike concluded Sunday following a two-day consumer festival and three-day trade show. Organizers reported declines in the number of trade visitors and enthusiasts at the event, which they attributed to a less-than-complete market recovery and the absence of some major bike brands. 

Tagged Eurobike
Sen. Mike Lee (R-Utah).

WASHINGTON (BRAIN) — For the second time during negotiations of the Senate’s budget reconciliation bill, legislation to sell millions of acres of public lands has been withdrawn.

Tagged Advocacy/Non-profits
Mayor Eric Adams wants a 15 mph speed limit for e-bikes, e-scooters.

NEW YORK (BRAIN) — The 2026 city budget approved last week includes creating the Department of Sustainable Delivery within the Department of Transportation to regulate e-bikes and comes a few weeks after Mayor Eric Adams said he is implementing a new 15 mph speed limit for e-bikes and e-scooters.

Tagged Electric bike

WASHINGTON (BRAIN) — Legislation introduced Wednesday through the Senate budget reconciliation bill would sell an estimated 1.2 million acres of public lands currently managed by the Bureau of Land Management; it could come to a vote this week.

Tagged Advocacy/Non-profits
Kay Peterson-Cook shared this photo on Facebook this week.

CRESTED BUTTE, Colo. (BRAIN) — Don Cook, a mountain bike pioneer, racer, retailer, trail builder and early proponent of 29-inch mountain bikes, died this week after suffering an apparent heart attack while riding the 409 Trail above Crested Butte. He was 66. 

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