Industry News
SAN FRANCISCO (BRAIN) — A new bike brand from an industry veteran is making waves with innovative products and its fulfillment system, as well as with its alignment with the Professional Bicycle Mechanics Association.
OKLAHOMA CITY (BRAIN) — Celestial Cycles owner Sheridan Marquardt figures his BMX race business has tripled since the beginner-focused BMX Racing League arrived at the local track, where the Oklahoma City retailer is now a title sponsor of the facility.
DEL MAR, Calif. (BRAIN) — With gray skies and rain in the forecast, CABDA show director Jim Kersten may not have gotten the balmy Southern California welcome he hoped for as he set up for the inaugural CABDA West expo here in San Diego County this week.
VALLEJO, Calif. (BRAIN) — Thieves stole the contents of a rental cargo van including two cargo bikes and materials on the way to the CABDA West show this weekend.
DURHAM, N.C. (BRAIN) — Specialized Bicycle has agreed to pay bankrupt Advanced Sports Enterprises $700,000 for rights to the Roubaix bicycle trademark in the U.S.
TORONTO (BRAIN) — The e-bike brand Elby is relaunching as Elby Mobility following a private investment. The company has expanded its partnership with the new owners of BionX International, the manufacturer of OEM and aftermarket e-bike drivetrains.
DURHAM, N.C. (BRAIN) — ASE's assets, including real estate and its bike brands, are being sold in an effort to satisfy creditors owed at least $100 million. Meanwhile, 40 Performance stores are set to close this month.
BOULDER, Colo. (BRAIN) — Has your company been negatively affected by the 25 percent tariff increase on e-bikes and e-bike motors imported from China? If so, PeopleForBikes and the Bicycle Product Suppliers Association invite you to submit comments to the U.S.
SHANGHAI (BRAIN) — Multiple Asian news sites are reporting that bike share giant Ofo has dissolved its overseas business unit, retreating from operating in the U.S., Hong Kong, Singapore and France.
LAS VEGAS, Nev. (BRAIN) — Panasonic is working with Kent International to launch three models of e-bikes that will be sold under Kent's Univega USA and Van Dessel brands. All the bikes will be powered by Panasonic batteries and motors and all models are being designed and assembled in the U.S.
COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has named Rob DeMartini as its president and chief executive officer. DeMartini joins the organization from New Balance Athletics Inc., where he spent the past 12 years as president and CEO. He will begin his new position in February.
TAMPA, Fla. (BRAIN) — American Classic founder Bill Shook has launched a new mechanical design consulting business, Bill Shook Engineering LLC, serving clients both inside and outside the bike industry.
PITTSBURGH (BRAIN) — Close to two years after suspending its print edition and moving exclusively online, Bicycle Times’ website is winding down, with content migrating over to the website and print magazine of fellow Rotating Mass Media title Dirt Rag.
SAN MARCOS, Calif. (BRAIN) — Mountain bike brand Eminent Cycles, sold largely consumer direct on the internet, is looking to expand its hybrid sales model and will attend this month's CABDA West show to meet with prospective dealers.
BIG BEAR LAKE, Calif. (BRAIN) — Daniel Ellis Hanebrink died Saturday due to natural causes, his family announced.
Hanebrink was an innovator in BMX, downhill mountain and fat tire bikes, among other areas.
CHICAGO (BRAIN) — SRAM co-founder and longtime CEO Stan Day is transitioning to a new role as chairman of the company's board of directors as Ken Lousberg takes over as CEO. The change, announced to SRAM staff this fall, became effective Tuesday, Jan. 1.
LONGMONT, Colo. (BRAIN) — 2018 started out with news of Niner Bikes' bankruptcy, which ended with the company being acquired by Huffy Bicycle's owner.
BOULDER, Colo. (BRAIN) — While year to date figure are mixed, wholesale bike sales dipped in November, down 14 percent over the same month last year in dollars and down 26 percent in units.
BEIJING (BRAIN) — Ofo, the world's largest and best known dockless bike share operator, is struggling financially, in part due to demands for deposit refunds from customers in markets where Ofo has stopped operating.