Industry News
TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week is not a typical trade show. There is virtually no media, there are no consumers. No YouTubers, no influencers, nobody livestreaming next year's hottest bike fashions.
BENTONVILLE, Ark. (BRAIN) — The Bentonville Bike Fest, along with the National Bicycle Dealers Association Retailer Summit and other associated events, is shifting from spring to fall next year. The festival was last held in June this year.
NEW YORK (BRAIN) — The City Council introduced 23 bills — including banning the sale, rental and use of Class 3 e-bikes and the creation of a trade-in program operated in collaboration with retailers — that would further regulate micromobility devices in the latest action by governments to address the increase in injuries and fatalities.
SACRAMENTO (BRAIN) — A California bill that became law Wednesday will clearly define e-motos and make it illegal to market them as e-bikes. The legislation — SB 1167 — was signed Wednesday by Gov. Gavin Newsom.
DULUTH, Ga. (BRAIN) — Fox Factory has sold its Marucci Sports division to Squared Up Holdings for $225 million; the company said it applies $200 million in cash from the transaction to pay down its debt.
BELLUNO, Italy (BRAIN) — MVC Group, the parent company of CastellI and Sportful, has acquired the U.K. bikepacking brand Tailfin. Financial terms of the deal were not disclosed.
ARGYLE, Texas (BRAIN) — The return of the North American Handmade Bicycle Show will not take place Aug. 6-8 next year as announced last month and instead will take place in early 2028.
LONDON (BRAIN) — Rapha announced Wednesday that CEO Fran Millar was stepping down after two years in the role as the company also revealed a continued decline in revenues and profitability in its most recent reporting period.
WASHINGTON (BRAIN) — An appeals court upheld the firing of three Consumer Product Safety Commission members, reversing a Maryland federal district court's ruling that briefly reinstated them, and reinforcing presidential authority over the agency.
HASTINGS, United Kingdom (BRAIN) — Victor Sandrin's 36-year industry experience includes introducing and growing brands in the U.S., most notably Spank in 2013. While Spank had a presence here before his arrival, Sandrin expanded it by creating a distribution network.
SAN MATEO, Calif. (BRAIN) — The Nasdaq Stock Market notified GoPro that it has complied with minimum price requirements to remain listed.
ASHEVILLE, N.C. (BRAIN) — After developing its universal shipping bike box in collaboration with Scott Sports, Kitzuma Cycling Logistics is making it available to the industry.
NEW YORK (BRAIN) — A state senator and assemblymember introduced a bill that would prohibit the sale of illegal e-motos in the state, define them, and prevent brick-and-mortar and online retailers from advertising them as legal. It's the latest legislation in the U.S.
OLATHE, Kan. (BRAIN) — Garmin announced Wednesday the acquisition of Applied Ballistics, a software company specializing in precision-aiming solutions for long-range shooting and hunting, that's built into Garmin tactical watches.
BIG FLATS, N.Y. (BRAIN) — Plenty of news has flowed from sealant pioneer Stan's recently, including the decision to end wheelset production and make more investments in bike-care products. Despite getting out of the wheelset market, the company that spearheaded the No-Tubes movement in the early 2000s will continue manufacturing rims, including a performance-oriented gravel model expected in the fourth quarter this year.
TAIPEI, Taiwan (BRAIN) — Taiwan’s three publicly traded bike manufacturers had wildly varying August results, according to Operating Revenue Reports filed with the Taipei stock exchange on Thursday.
BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: How’s your service department's revenue and volume trending this year? What are your challenges and best practices for hiring and training qualified mechanics?
STOCKHOLM, Sweden (BRAIN) — Sweden-based holding company Röko AB has acquired Italy's CyTech S.r.l., the parent of the Elastic Interface cycling short pad ingredient brand.
MORGAN HILL, Calif. (BRAIN) — Specialized founder Mike Sinyard will resume his position as Chief Executive Officer on Nov. 1 as Armin Landgraf steps down after two years as CEO and four years at the company.
VICENZA, Italy (BRAIN) — Campagnolo has announced that SPAC SA has made a "strategic minority investment" in the company, with the Campagnolo family retaining control and majority ownership of the company.
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