Industry News
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 e-moto sales 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. aimed at eliminating e-motos from city streets.
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.
MONTGOMERY, Ala. (BRAIN) — A woman who filed a wrongful death lawsuit against Rad Power Bikes and authorized dealer The Cycle Joint Inc. has voluntarily dismissed action against the retailer.
SAN MATEO, Calif. (BRAIN) — GoPro and privately held optical-photonics company Starman Optical Inc. will merge with the action camera brand's approximate $92 million debt being repaid by year's end at closing.
FRANKFURT (BRAIN) — Eurobike reversed a decision to move its show back to the fall, announcing Tuesday it will continue to be held in the summer.
WEST PALM BEACH, Fla. (BRAIN) — A Florida woman is suing Walmart Inc. on behalf of a minor injured after his e-bike's front wheel detached during what the lawsuit says was normal operation.
SHENZHEN, China (BRAIN) — Dahon reported first-half revenue increased 53.7% year-over-year in the first full year of the folding bike brand's listing of shares on the Hong Kong Stock Exchange.
SQUAMISH, British Columbia (BRAIN) — OneUp Components is launching an online marketplace for selling certified pre-owned OneUp products.
DEERFIELD BEACH, Fla. (BRAIN) — Rad Life Mobility has started a regulation crowdfunding campaign to support its three e-bike brands.
MILLIGAN, Tenn. (BRAIN) — GoFundMe pages have been established for two Milligan University cycling team members killed by a driver of a car while on a training ride about 11 miles from campus.
PITTSBURGH (BRAIN) — Dick's Sporting Goods net sales increased 53% year-over-year in the second quarter, boosted in part from its acquisition of Foot Locker last September.
TAIPEI, Taiwan (BRAIN) — Two more of Taiwan's publicly traded bike manufacturers are reporting some mixed financial news, following Giant Group's announcement that its profits jumped in the second quart
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