Industry News
GRANGER, Ind. (BRAIN) — The National Bicycle Service Technician Program is now accepting mechanics seeking accreditation on the NBSTP website.
FRANKFURT (BRAIN) — A week after ending an e-mobility show held in conjunction with Eurobike next year following two German trade groups’ objection to holding the events concurrently, Eurobike org
REDWOOD CITY, Calif. (BRAIN) — Carbon, Inc., which provides the technology behind most of the industry's 3D-printed helmets and saddles, as well as 3D-printed running shoes from adidas, has closed on a $60 million funding round.
FRANKFURT (BRAIN) — Eurobike organizers say they will not hold a distinct e-mobility event alongside the bike show in 2026.
NEW YORK (BRAIN) — Refurbished e-bike seller Upway closed a $60 million Series C funding round last week led by an investment by Copenhagen's A.P. Moller Holding. The company said it is looking for U.S. growth and plans to open used e-bike refurbishment centers in Denver and other U.S. cities.
BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: What are the most and least effective things you’ve done to engage with customers and keep them riding after their initial purchase and visiting your shop? What, if any, youth-specific engagement has worked well?
SEATTLE (BRAIN) — Rad Power Bikes told Washington state officials on Friday that it possibly would lay off 64 employees in the state in January.
(BRAIN) — After 20 years as president of marketing and software company SmartEtailing, later rebranded as Workstand in 2023, Ryan Atkinson resigned in late October.
TAICHUNG, Taiwan (BRAIN) — Giant Group’s net revenue through the first three quarters of its fiscal year was down 16.9% from last year, to NT$47.96 billion ($1.55 billion). The manufacturer said its gross margin for the period was 19.8% and net profit before tax was NT$1.43 billion.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue dipped 37% year-over-year as the action camera brand experienced declines in retail (41%) and its online revenue (22%) channels.
SALT LAKE CITY (BRAIN) — Clarus Corp., which owns the Black Diamond outdoor brand and the Rhino-Rack and Rocky Mounts rack brands, announced third-quarter sales of $69.3 million, up 3% from the same quarter last year.
DULUTH, Ga. (BRAIN) — Fox Factory reports its net sales were up 4.8% in the third quarter, largely thanks to the company's powered-vehicle businesses. Its Speciality Sports Group (SSG), which includes its bicycle-related businesses and its ball-sports brands, had an 11.2% decrease in revenues in the quarter.
(BRAIN) — GOREWEAR, the cycling and running apparel division of W. L. Gore & Associates, will leave the market next year, a source familiar with the company’s decision confirmed to BRAIN on Thursday.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation revenue increased 18% year-over-year as all of its head-to-toe protective gear categories — mountain bike, moto, and off-road adventure riding — grew by double digits during the period.
(BRAIN) — SRAM has expanded distribution and servicing of its brands in Eastern Europe through Aspire Sports.
(BRAIN) — YT Industries USA announced it will close after failing to reach an agreement with YT Industries Germany.
PORTLAND, Ore. (BRAIN) — OTTO DesignWorks LLC, the parent of the OTTOLOCK brand, has sold its brand and assets to Pacific Die Casting Corporation (PacDie), a long-time manufacturer for OTTO.
MILWAUKEE (BRAIN) — Ben’s Cycle has acquired Euro-Asia Imports’ inventory following the specialist distributor’s closing in August after more than 50 years selling mostly high-end parts for road, touring, and fixed-gear bikes.
FRANKFURT (BRAIN) — Eurobike’s organizers say they were taken by surprise when two German trade groups announced Thursday that they were pulling their support for the show.
SEATTLE (BRAIN) — A Washington state man is suing Specialized Bicycle Components after suffering injuries following a crash on a Turbo Levo e-MTB he said was caused by a known motor defect.
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