Industry News

THOUSAND OAKS, Calif. (BRAIN) — Three bike industry veterans have launched a new consulting business for the emerging mobility industry.

Mike Fritz, Jay Townley and Brad Hughes have formed Human Powered Solutions LLC. 

Lennard Zinn and Taylor and Davis Phinney featured in new round of videos
Taylor and Davis Phinney aboard e-bikes.

BOULDER, Colo. (BRAIN) — The BPSA has completed shooting a second round of videos designed to inform and inspire bike shop employees to sell e-bikes. Leveraging the organization's location here, the new videos feature bike celebrities Taylor and Davis Phinney and Lennard Zinn.

Tagged Electric bike
 Simmons in his store's repair corner. Photo: Jo Beckendorff

BERLIN (BRAIN) — When Shaun Paul Simmons first came to Germany, in 1997, it wasn't because of bicycles. "I came to Berlin for a girl and will now go back home for a girl," the American said with a laugh.

HAAR, Germany (BRAIN) — The last of BionX Canada's operating subsidiaries, BionX GmbH, has announced it will close its offices near Munich on Dec. 10 after more than 10 years in business there and an unsuccessful effort to find a buyer.

HOOD RIVER, Ore. (BRAIN) — Dakine, an outdoor sports lifestyle brand that offers bike clothes and bags, has been acquired by Marquee Brands LLC, a brand management company that owns the Bruno Magli and Body Glove brands, among others.

Tagged Mergers, Acquisitions & Investments
Show also announces that Outdoor Retailer Magazine will produce its Show Daily.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Outdoor Retailer said that all three of its shows in 2019 will be three days long. OR's Summer Market in June and Winter Market in November will be shortened from the original four-day plans. January's Snow Show remains three days as scheduled.

Tagged Tradeshows and conferences

DURHAM, N.C. (BRAIN) — Taiwan-based manufacturer Ideal Bicycle Corp. has told the bankruptcy court here that it opposes Advanced Sports Enterprises' request to be released from its manufacturing and licensing agreements with Ideal.

HELSINKI (BRAIN) — Bloomberg is reporting that Chip Wilson, the founder of yoga apparel brand Lululemon Athletica Inc., is set to join the investor group that is trying to buys Amer Sports, which owns Mavic, Enve and other brands. 

RICHMOND, Calif. (BRAIN) — Cycle Monkey on Monday announced a new partnership with Nicolai Bicycles to bring the German mountain bike brand’s line of handmade custom and standard-size aluminum framesets to the U.S. market — selling consumer direct and also offering sales to interested dealers.

Tagged Distributor news

TAIPEI, Taiwan (BRAIN) — Germany-based bicycle trade and industry journalist Jo Beckendorff is retiring from frontline duty at KB Media Ltd., publisher of the Eurobike and Taipei Show Dailies, at the end of this year.

BUENOS AIRES, Argentina (BRAIN) — President Donald Trump and Chinese President Xi Jinping agreed to a truce in the ongoing trade war this weekend. Trump agreed to delay implementing a 25 percent tariff on Chinese goods — including at least $1 billion in bike-related products — that had been set to take effect Jan. 1.

Tagged Tariffs

MADISON, Wis. (BRAIN) — Eight years after it began offering e-bike vacation packages, Trek Travel said it has averaged an annual increase of 50 percent per year since 2016 on e-bike trips. The most popular e-bike trips are offered in California, Tuscany and Provence. 

Tagged Electric bike

NEW YORK (BRAIN) — Ride share company Lyft has completed its purchase of Motivate, the country's largest bike share company. The purchase was originally announced in July. 

Tagged Mergers, Acquisitions & Investments

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Friday that it has promoted Todd Cravens to vice president of business development.

Tagged Distributor news
The PHIT Act would allow consumers to deduct some fitness-related costs on their federal income taxes.

WASHINGTON (BRAIN) — The Sports & Fitness Industry Association is urging the Senate to pass the Personal Health Investment Today Act during its lame-duck session this fall. The PHIT Act passed the House in July.

Charis (center) with Kubancsek (l) and Peterson (r).

INDIANAPOLIS (BRAIN) — Marian University has announced the first recipient of its cycling team mechanic scholarship: Charis Lott of Fortville, Indiana. Marian, consistently one of the top schools in collegiate cycling, believes its team mechanic scholarship is the first of its kind in the nation.

Camille Hung at Taipei Cycle. Photo: Jo Beckendorff

HO CHI MINH CITY, Vietnam (BRAIN) — Before the start of any U.S. and EU discussions of tariffs on e-bikes out of China, Taiwan frame builder Astro Engineering Co. Ltd. started to increase its aluminum and carbon frame production capacity in Vietnam.

Tagged Tariffs / Electric bike / Taipei Cycle Show

PITTSBURGH (BRAIN) — Dick's Sporting Goods has reported an increased consolidated net income of $37.8 million for the third quarter ended Nov. 3, compared with $36.9 million during the same period in 2017.

Tagged Earnings/Financial Reports

LONGMONT, Colo. (BRAIN) — You may have noticed a new section at the top of our homepage: "For the Record." Here's what it's all about.

Tagged BRAIN News

WASHINGTON (BRAIN) — Rails-to-Trails Conservancy has hired Ryan Chao, currently the vice president of the Center for Civic Sites and Community Change at the Annie E. Casey Foundation, as the organization's third president. Chao will join RTC on Jan. 28.

Tagged Advocacy/Non-profits

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