Industry News
![VanMoof's Seattle store showroom. VanMoof's Seattle store showroom.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/seattle_store_0.jpg?itok=MzyLQLBq)
AMSTERDAM (BRAIN) — Dutch e-bike brand VanMoof has been granted temporary court protection from creditors.
![Will Schellenger. Will Schellenger.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/will_schellenger.jpg?itok=ojWcofP-)
BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: What are your expectations of sales representatives? Are they being met?
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SEATTLE (BRAIN) — Rad Power Bikes will close its European operations at the end of the year to concentrate on growing its North American market.
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EL PASO, Texas (BRAIN) — Helen of Troy reported net sales for the first quarter fell 6.6% year-over-year with the Home & Outdoor group, which includes brands Osprey and Hydro Flask, declining 7.3%.
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WARWICK, R.I. (BRAIN) — Spinov8 is no longer the North American distributor for special-needs bike brand Van Raam after seven years. Because it was a single brand distributor for Van Raam, Spinov8 ceased operations.
![Photo of a Garmin Ready label at The Cyclery and Fitness Center in Illinois. Photo of a Garmin Ready label at The Cyclery and Fitness Center in Illinois.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/image_3.jpeg?itok=apuCQkW6)
OLATHE, Kan. (BRAIN) — Garmin is now providing retailers with "Garmin Ready" frame labels that let consumers know the e-bike is certified to communicate with their Garmin devices.
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(BRAIN) — American Classic is offering three new low-priced tire models with sales to benefit PeopleForBikes' Community Grants program.
PARK CITY, Utah (BRAIN) — Bloomberg is reporting that TSG Consumer Partners is weighing the possible sale of Backcountry.com and its related e-commerce sites, which include CompetitiveCyclist.com.
![Wahoo Kickr Wahoo Kickr](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/wahoo_kickr_wfbktr118_right_3_4_final.jpg?itok=sXx9XQoC)
ATLANTA (BRAIN) — Wahoo Fitness says its financial woes are in the past after a recapitalization eliminated debt that had crippled it after the pandemic boom in indoor exercise products. Three private equity groups helped founder Chip Hawkins pay off a public debt owed to a bank consortium; it also put capital on Wahoo's balance sheet to enable growth.
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GREENWICH, Conn. (BRAIN) — L Catterton, which bought a majority share in Pinarello in 2017, said it has sold the company to "a private family office." European news sources say billionaire Ivan Glasenberg bought it for 200 million euros.
![Send. Schumer and Gillibrand joined Mayor Eric Adams. Photo Credit: Benny Polatseck/Mayoral Photography Office Send. Schumer and Gillibrand joined Mayor Eric Adams. Photo Credit: Benny Polatseck/Mayoral Photography Office](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/52999739627_ffc20d939f_k.jpg?itok=9Z3Kn9KK)
NEW YORK CITY (BRAIN) — An emergency $25 million grant from the U.S. Department of Transportation will enable the city to set up outdoor e-mobility battery charging and storage stations at 53 city Housing Authority developments.
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FRANKFURT (BRAIN) — Eurobike, which closed Sunday after its weekend consumer event, attracted 34,750 trade visitors and 31,780 consumer visitors over its four days. Both figures were an increase over last year.
FRANKFURT (BRAIN) — Ben Serotta will collaborate with a German 3D printing manufacturer to "bring the benefits of personalized cycling equipment to a broader section of the cycling population," the longtime bike designer told BRAIN on Thursday at Eurobike.
![Erik Bär. Erik Bär.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/img_3125.jpg?itok=vJjx0JrW)
FRANKFURT (BRAIN) — Erik Bär has seen e-bike batteries from China come into Germany with fraudulent certification, so he knows about the chilling effect unregulated lithium-ion packs can have in the marketplace and understands the angst in the U.S., especially in New York City right now.
![François-Xavier Terny. François-Xavier Terny.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/img_3122.jpg?itok=1e_6sqZ2)
FRANKFURT (BRAIN) — While François-Xavier Terny said replacing the car in the U.S. is next to impossible, he believes the Fuell e-bike brand has the right mix of features to at least keep it parked some of the time.
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WATERFORD, Wis. (BRAIN) — Waterford Precision Cycles is planning a farewell ride next weekend and will be auctioning production equipment and other tools online starting June 24.
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FRANKFURT (BRAIN) — Eurobike begins here Wednesday with more than 1,900 exhibitors attending, exceeding the number from the Frankfurt am Main's inaugural event last July.
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WASHINGTON (BRAIN) — The Consumer Product Safety Commission will meet publicly July 27 at its headquarters here to discuss lithium-ion battery safety. The 10 a.m. meeting also can be accessed remotely.
WASHINGTON (BRAIN) — Senate legislation was introduced to restrict non-market economies like China from using the de minimis threshold to import potentially dangerous products — including e-bikes and lithium-ion batteries — into the U.S. marketplace without accountability for product integrity.
![Paul Tobio. Paul Tobio.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/paul_tobio.jpg?itok=7qYRs_qo)
BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: Tell us about your service department in terms of its percentage of overall sales, how you manage staffing and turnaround times, and how you set pricing.