Industry News
SEATTLE (BRAIN) — Two Three Bird, a cyclist insurance company, has acquired Project 529, a bike-registry and recovery company.
TREVIGLIO, Italy (BRAIN) — Bianchi officially opened its new factory here Tuesday with a manufacturing capacity of 500 bikes per shift.
STRATFORD-UPON-AVON, United Kingdom (BRAIN) — Pashley Cycles named Andy Smallwood its new CEO, replacing Adrian Williams, who remains chairman of the brand.
Smallwood previously was Ribble Cycles' CEO and before that was Boardman Bikes' managing director.
(Pinkbike) — Santa Cruz Bicycles founder Rob Roskopp, who left Santa Cruz soon after it was acquired by Pon, has joined Specialized in an advisory role, Pinkbike reports.
DETROIT (BRAIN) — Cardinal Cycling Group has sold Detroit Bikes to Beacon Manufacturing, a new company that provides services to light electric vehicle manufacturers.
ALBANY, N.Y. (BRAIN) — The New York State Senate passed a legislative package aimed at strengthening lithium-ion battery safety standards, including one that will recognize the European testing standard EN 15194 along with UL 2849.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 6.2% year-over-year and raised its full-year outlook.
Net sales for the quarter ending May 4 were $3.02 billion, compared with $2.84 billion at the same time last year.
WASHINGTON (BRAIN) — Importers of Chinese-made e-bikes, juvenile bikes and some other bike products will be responsible for an additional 25% tariff on those products starting June 14.
CAMPAGNOLA CREMASCA, Italy (BRAIN) — Deda Elementi parent company Dedaindustrie S.r.l. named SpinCycle LLC the North American OEM sales agency for the component and Dedacciai tubeset company.
DETROIT (BRAIN) — E-bike brand Benno Bikes will utilize Bloom as a development and marketing center for its U.S. operations, tapping into the platform's support, logistics, and future brand development services.
SAN FRANCISCO (BRAIN) — Registry service Bike Index released a free iOS app to make it easier for registration and for law enforcement to use. Through the app, cyclists can create an account to register one or more bicycles from anywhere in the world.
WASHINGTON (BRAIN) — The U.S. Trade Representative published a Federal Register Notice on Wednesday concerning the Section 301 tariffs on China but it's still unclear whether existing bike products will continue to receive exclusions as the May 31 deadline for ending all exclusions approaches.
NEW YORK (BRAIN) — REI union members at the SoHo store will hold a rally Thursday to demand that the co-op sign a letter of commitment to reach a contract by the end of the year.
Turns out there are a lot of details to work out when acquiring and relaunching a global bike brand. Here are some takeaways.
Kona founders Jake Heilbron and Dan Gerhard shared this letter to the industry with BRAIN readers on Monday.
(BRAIN) — The founders of Kona Bicycles have repurchased the brand they sold to private equity-backed Kent Outdoors in December 2021.
OBORNIKI, Poland (BRAIN) — DT Swiss is now assembling all its forks, shocks, dropper posts and remote levers at its DT Swiss Polska Sp. facility in Poland. Previously the assembly was done at the company's facility in Taichung, Taiwan.
WASHINGTON (BRAIN) — The House of Representatives approved the bipartisan Setting Consumer Standards for Lithium-Ion Batteries Act on Wednesday that would establish a federal safety standard for rechargeable lithium-ion batteries in mobility devices like e-bikes and e-scooters.
WASHINGTON (BRAIN) — It's unclear if the Biden administration's proposed steep increases in tariffs on Chinese EVs will affect the bike industry.
MORGAN HILL, Calif. (BRAIN) — Specialized has made another change at the top, naming former Pon.Bike and Canyon Bicycle chief Armin Landgraf its new CEO replacing Scott Maguire, who will lead the brand's new innovation and technology division.
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