Industry News
FRANKFURT (BRAIN) — Friday was something of a good news, bad news day for Eurobike.
CONCORD, N.H. (BRAIN) — After a state lawmaker was inundated with comments against his legislation that would create a $50 bicycle user fee, he said he expects to amend or drop the bill, which he conceded has little chance of passage as written.
SEATTLE (BRAIN) — Amazon and UL are suing five e-bike and e-scooter companies, alleging they improperly labeled products with UL trademarks.
AMSTERDAM (BRAIN) — Fundracer, the micro-mobility investment fund founded by several cycling industry veterans, is investing in a Belgian company that is developing safety airbags for cyclists.
SEATTLE (BRAIN) — Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 bankruptcy protection last month.
BURNSVILLE, Minn. (BRAIN) — While located 10 miles south of the ICE protests taking place in downtown Minneapolis, Wolf Tooth Components employees here have been supporting the cause.
BLOOMINGTON, Minn. (BRAIN) — Minneapolis-area distributor QBP is calling on industry members to contact elected officials to "advocate for change" following the death of Alex Pretti on Saturday in Minneapolis. And the company said it is "evaluating a path forward" for its Frostbike dealer event, scheduled for Feb.
This story is corrected to show that the social media account that repeated Angry Catfish's post about Alex Pretti was not an official Surly account. It also contains more details of forthcoming memorial rides.
HUNTINGTON BEACH, Calif. (BRAIN) — A fire that started at the Rad Power Bikes’ retail store here on Sunday night is under investigation by the Huntington Beach Fire Department.
CARBONDALE, Colo. (BRAIN) — Revel Bikes is the latest brand to relocate, announcing its U.S. headquarters will be moving east to Golden, Colorado, with plans to be fully operational there in March.
KOBLENZ, Germany (BRAIN) — Canyon says it is aiming to "reduce complexity and simplify processes," a procedure that includes reducing its workforce by up to 320 workers.
TRENTON, N.J. (BRAIN) — New Jersey's governor signed a bill into law on Monday that will require license, registration, and insurance for all e-bike riders. State lawmakers say it addresses a rising number of crashes, including two killed in separate incidents.
COLORADO SPRINGS, Colo. (BRAIN) — John Barnett, the founder of one of the industry’s best-known schools for bike mechanics, died Dec. 17 at home. He was 74.
LA CROSSE, Wis. (BRAIN) — A nonprofit manufacturer with a commercial outdoor and consumer products subsidiary purchased U.S.-made custom sports apparel company Borah Teamwear for an undisclosed price.
LOS GATOS, Calif. (BRAIN) — Influential industry pioneer Jim Blackburn passed away peacefully in his home last week surrounded by family. He was 86.
OSLO, Finland (BRAIN) — Norwegian tire startup reTyre has closed on a 7 million euro ($8.1 million) funding round that includes cycling startup investor Fundracer.
(BRAIN) — U.K.-based apparel brand Endura is laying off multiple employees as it moves its operations from Scotland to London, a move that follows a financial report showing losses for a second consecutive year.
SEATTLE (BRAIN) — Rad Power Bikes is closing two of its RadRetail company stores today — in St. Petersburg, Florida, and Vancouver, British Columbia — as its bankruptcy proceedings continue.
EL PASO, Texas (BRAIN) — Osprey and Hydro Flask parent Helen of Troy reported third-quarter consolidated net sales declined 3.4% year-over-year with Home & Outdoor segment sales slipping 6.7%.
GREENVILLE, S.C. (BRAIN) — Co-founder Nicole Johnson is now CEO of Boyd Cycling, succeeding Boyd Johnson, who will concentrate on engineering and product development.
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