Industry News
ANOKA, Minn. (BRAIN) — Vista Outdoor took a major step closer to selling its Revelyst business — including bike industry brands Bell, Giro, Camelbak and Fox Racing — to Strategic Value Partners for $1.125 billion next month.
ARCADIA, Calif. (BRAIN) — Segway will share details of two new e-bike models at next month's CES show in Las Vegas and the company said it will focus on sales through independent retailers.
NEW YORK (BRAIN) — Upway's trade-in program is now offered at Rad Power Bikes' eight U.S. RadRetail locations, offering customers the option of selling their e-bike or receiving a discount on a new model.
DAYTON, Ohio (BRAIN) — United Wheels promoted Chief Operating Officer Bruno Maier to CEO, filling the role that Claude Jordan retired from two years ago.
WASHINGTON (BRAIN) — The U.S.-China Economic and Security Review Commission recently recommended in its 2024 Annual Report to Congress eliminating the import threshold exemption that can allow products like e-bikes and lithium-ion batteries to circumvent safety standards that have long concerned the industry.
SEATTLE (BRAIN) — Project 529's recent collaboration with Hubtiger will provide another avenue to deter bike theft and improve odds of recovery if stolen.
NEVERS, France (BRAIN) — LOOK Cycle has acquired Pembree, a British brand that makes gravity pedals and accessories.
SANTA FE, N.M. (BRAIN) — The annual bicycle-centric Thanksgiving food drive Cranksgiving marks its Silver Anniversary with more than 100 cities participating.
OBERWANGEN, Switzerland (BRAIN) — myStromer AG said it will end its business in the U.S. and Canada immediately.
(BRAIN) — Larry Pizzi is joining Pedego as its chief executive officer. The long-time e-bike industry member most recently was general manager and chief commercial officer of Alta Cycling Group.
NEWBURY PARK, Calif. (BRAIN) — John "JT" Thompson will move from general manager to a senior advisory role with Giant USA, which announced Monday a series of leadership changes approved by its Board of Directors.
AMSTERDAM (BRAIN) — VanMoof resumed e-bike sales and service in the United Kingdom Monday after the brand was acquired by British e-mobility company Lavoie last year.
STOCKHOLM (BRAIN) — Thule Group signed an agreement to acquire Australian phone mount manufacturer Quad Lock for AU$500 million ($327 million).
BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: How would you gauge the current consumer demand for bikes, service, apparel, parts, accessories?
TAIPEI, Taiwan (BRAIN) — Giant Group's sales in the first nine months of its fiscal year were down 7.1% compared to the same period last year. The company said that while bike inventory levels continue to decline in Europe and North America, order placement by the company's OE and retail customers is conservative.
ANOKA, Minn. (BRAIN) — Vista Outdoor's Revelyst business unit, which contains its bike-related brands, recorded sales of $315 million in the company's fiscal 2Q25, a 3.9% decline year-over-year.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the third quarter fell 12% year-over-year, but its founder and CEO Nicholas Woodman said reducing expenses next year will help lead a return to growth.
BOISE, Idaho (BRAIN) — A conservationist is suing the Department of Interior, the Bureau of Land Management, and several state land management agencies over e-bike usage on a section of singletrack trails in the Sun Valley area.
CYPRESS, Calif. (BRAIN) — Yamaha will stop wholesaling e-bikes in the U.S. market at the end of the year, the company told BRAIN on Friday. But the brand said it will offer dealers and consumers service and parts for "years to come."
DULUTH, Ga. (BRAIN) — Fox Factory reported Thursday that sales in its bicycle-related brands grew 38.7% in the third quarter, compared to the same period last year.
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