Industry News

SANTA ANA, Calif. (BRAIN) — MIPS will pay $3.25 million to fellow helmet technology company BrainGuard Technologies as part of a patent infringement lawsuit settlement brought against Revelyst and its helmet brands.

Tagged Lawsuits/legal

BETHESDA, Md. (BRAIN) — The Consumer Product Safety Commission's e-mobility device and lithium-ion battery testing standards proposal finally is available for review and comment, more than a year after approval by a commission that's since been dismantled and a new procedure created by executive order that contributed to the delay.

Tagged Lawsuits/legal / Electric bike

DEERFIELD BEACH, Fla. (BRAIN) — Rad Life Mobility announced Monday night that it has acquired QuietKat, an e-bike brand tailored for hunters and anglers. Terms were not disclosed.

Tagged Electric bike / Mergers, Acquisitions & Investments
Brompton bikes to be sold in 'Brompton corners' in some Decathlon stores.
Will Butler-Adams, Brompton's CEO. Photo courtesy of Brompton.

SHEFFIELD, U.K. (BRAIN) — Decathlon Pulse, the investment unit of the French sporting goods retailer Decathlon, and BA Capital, a Shanghai, China-based venture capital firm, have each acquired shares in Brompton, the UK folding bike brand.

Tagged Electric bike / Mergers, Acquisitions & Investments

NEW YORK (BRAIN) — City Councilman Frank Morano and several residents are suing Mayor Zohran Mamdani for overturning a criminal enforcement policy for e-vehicle violations in March.

Tagged Lawsuits/legal / Electric bike
Eurobike head Philipp Ferger, center.

FRANKFURT (BRAIN) — Eurobike will become a biannual event after next year, the latest change with the long-running trade show that's experiencing growing apathy within the industry.

Tagged Tradeshows and conferences / Eurobike

FRANKFURT (BRAIN) — Rad Life Mobility is exploring purchasing QuietKat, a development which comes three months after the subsidiary of Life Electric Vehicles Holdings acquired Rad Power Bikes.

Tagged Electric bike / Mergers, Acquisitions & Investments / Eurobike

IRVINE, Calif. (BRAIN) — Shimano is now selling its wheels consumer-direct on its e-commerce site, which also offers shoes, sunglasses and pedals direct to consumers. The wheels were added June 17.

FRANKFURT (BRAIN) — Eurobike announced on the opening day of its 34th annual four-day event that Matthias Pietsch has been named show director. It's another change in the trade show's leadership structure during a year of upheaval.

Tagged Tradeshows and conferences / Eurobike

OSAKA, Japan (BRAIN) — Shimano announced a reorganization of its bicycle division by naming Yuzo Shimano to lead the department, effective July 1. Yuzo Shimano is currently senior executive officer of global marketing and supervises bike sales and marketing.

TAICHUNG, Taiwan (BRAIN) — On Thursday Giant Group's annual shareholders' meeting approved a NT$1.8 cash dividend, while company leaders shared some insights into its global business. 

Screenshot from the original complaint.

WALNUT CREEK, Calif. (BRAIN) — Giant Bicycle has reached a settlement with a plaintiff over claims that the bike company's e-commerce site charged consumers undisclosed "junk fees," the plaintiff's attorney notified the court Wednesday.

Tagged Lawsuits/legal

BOULDER, Colo. (BRAIN) — PeopleForBikes published its annual City Ratings on Wednesday that evaluated 3,019 U.S. communities on how well their bike networks connect residents to destinations.

WATERLOO, Wis. (BRAIN) — Trek has started fulfilling some online and retailer orders for merchandise — including bikes — from its company stores.

Taiwan Stock Exchange logo.

TAIPEI, Taiwan (BRAIN) — Giant Manufacturing, Merida Industries and Ideal Bike, the three largest publicly traded bike manufacturers in Taiwan, are each reporting their first monthly sales growth figures of the year, a sign of hope for a troubled sector.

Tagged Earnings/Financial Reports

GAJARY, Slovakia (BRAIN) — Cardinal Cycling Group, the U.S.-based company that owns TIME, is now offering OE manufacturing at its Carboprax factory in Slovakia, using the factory's trademark Resin Transfer Molding production method.

ALMELO, Netherlands (BRAIN) — Pon.Bike announced Thursday the closing of Cannondale's facility here at the end of next year, with production of the brand moving to its three other European factories.

A rendering of the new facility.

COIMBRA, Portugal (BRAIN) — SRAM, which has manufactured chains in Portugal for decades, is moving more production to the country with the opening of a 270,000-square-foot factory here planned for 2028.

If so, what programs or initiatives have been most and least successful?
Matthew Schieferstein.

BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: Do you have rider programs designed to appeal to new and returning riders, and if so, what do they look like?

Tagged From the Magazine

FAIRFAX, Calif. (BRAIN) — Mountain bike pioneer Charlie Cunningham has passed away at the age of 78.

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