Industry News
BOULDER, Colo. (BRAIN) — PeopleForBikes has announced speakers for its Bicycle Leadership Conference, to be held March 14-16 in Dana Point, California.
ANOKA, Minn. (BRAIN) — Vista Outdoor announced internally on Tuesday that it has realigned management of its cycling, snow and powersports brands that make up its Action Sports business unit.
SAN FRANCISCO (BRAIN) — Strava has acquired Fatmap, a company whose 3D-map mobile app is targeted at outdoor enthusiasts including climbers and mountaineers. Strava said it will use the Fatmap technology to add 3D mapping to its cycling/running app. Premium members of Strava will gain access to Fatmap.
NEUSS, Germany (BRAIN) — This week an executive at the company that previously owned Amprio, Rheinmetall AG, said Amprio has been sold. But he declined to say who bought it.
PHILADELPHIA (BRAIN) — State Farm Insurance Company has filed an amended complaint against Rad Power Bikes, adding a Taiwanese bike manufacturer and a battery pack manufacturer as defendants, in its lawsuit on behalf of a homeowner who suffered property damage from a fire.
WEST PALM BEACH, Fla. (BRAIN) — The judge in a patent dispute between SRAM and Princeton Carbon Works is promising "a proverbial battle of experts."
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products released two reports detailing external diversity, equity, and inclusion efforts under its 2022 Accountability Report and DEI Strategic Plan.
LYONS, Colo. (BRAIN) — Reeb Cycles said it has seen sales grow 65% since it launched its steel SST trail bike in September. The privately held company did not release other sales figures.
WASHINGTON (BRAIN) — President Joe Biden signed the Bonneville Shoreline Trail Advancement Act into law on Dec. 29 as part of the year-end omnibus federal spending legislation.
LOUISVILLE, Colo. (BRAIN) — Specialized Bicycle Components bought the award-winning office building here previously owned by Pearl Izumi, for $14.9 million.
The company said Thursday that it would use the space for an innovation center.
MORGAN HILL, Calif. (BRAIN) — Specialized announced Wednesday that it is laying off 8% of its workforce in what the company called a “transformation.” The layoffs are across the company globally, including at company-owned retail stores in the U.S. and overseas.
FOUNTAIN VALLEY, Calif. (BRAIN) — Pedego Electric Bikes announced it will sponsor a national e-bike safety program with its North American retailers offering free instruction.
SALT LAKE CITY, Utah (BRAIN) — Emerald, the parent of the Outdoor Retailer shows, has acquired the consumer event company Lodestone Events. Lodestone is the producer of the Overland Expo consumer shows and is producing Outdoor Adventure X, Emerald's first outdoor consumer event.
PETALUMA, Calif. (BRAIN) — Component brand White Industries has purchased the wheel brands Rolf Prima and Astral Cycling.
EL PASO, Texas (BRAIN) — Helen of Troy's third quarter net sales fell 10.6% year-over-year for the period that ended Nov. 30.
PHILADELPHIA (BRAIN) — State Farm Insurance Company's lawsuit against Rad Power Bikes could be settled later this month after Judge Chad F. Kenney referred the case to another judge to conduct a pre-trial settlement conference on Jan. 17.
LAS VEGAS (BRAIN) — At this week's consumer electronics show, CES, CAKE is showing its first e-bike, a $6,500 Class 2 e-cargo bike aimed at "working professionals."
WOODINVILLE, Wash. (BRAIN) — Without objection, “trek” is a lovely word, whetherr a noun or a verb. TREK™, though, is something else entirely.
LOS ANGELES (BRAIN) — A Los Angeles judge has approved a $1.5 million settlement between the parents of a 12-year-old girl who died following an e-bike crash and the parents of the 11-year-old girl who was piloting the bike.
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