Industry News

Super lightweight. Ten-minute charge time. Double the range. Less likely to burn down your store. If I could promise you all that in an e-bike battery, how quickly would you be putting in an order?

Tagged Electric bike / From the Magazine
Jeff Pierce takes the reins as Chris Carmichael becomes CTS chairman.
Jeff Pierce.

COLORADO SPRINGS, Colo. (BRAIN) — Jeff Pierce will succeed Chris Carmichael as Carmichael Training Systems CEO. Carmichael, who founded the company in 2000, will remain as chairman and chief endurance officer.

Hearing from The Bigs on several topics.

Since our first Big BRAIN 10 survey last March, two bicycle brands (Pon and Specialized) have entered the list to replace three IBDs purchased by suppliers (Mike’s Bikes by Pon, Mike Olson’s San Diego and Portland stores by Trek, and David’s World Cycle by Trek).

Tagged From the Magazine
David and John Siegrist.

DURANGO, Colo. (BRAIN) — John Siegrist, one of the best-known custom frame builders of the 1990s mountain bike boom and beyond, has joined his son, David, to launch a new frame building business called Sanitas. Sanitas is building custom frames in steel and titanium for consumers and on an OE basis for several boutique brands.

Tagged From the Magazine

GOLDEN, Colo. (BRAIN) — Alchemy Bikes opened its new U.S. headquarters here and will offer a free overnight stay with the purchase of a bike. Celebrating the move from Denver, Alchemy teamed with Origin Hotel Red Rocks and other local businesses to create the buyer experience called DARE: Golden Package.

FRANKFURT (BRAIN) — Brooklyn Bicycle Co. announced at Eurobike Wednesday that Ikandomore ApS, a Danish distribution company, will distribute Brooklyn bikes and accessories to independent bike shops across Europe. At Eurobike, Ikandomore is offering Brooklyn bikes for pre-order for spring 2023 shipment.

Tagged Distributor news / Eurobike
Linda Coburn.

BOULDER, Colo. (BRAIN) — For our July 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?

Tagged State of Retail / From the Magazine

NEW YORK (BRAIN) — Peloton Interactive said Tuesday that it will cease all owned manufacturing operations and expand its relationship with Taiwan's Rexon Industrial Corp.

COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes acquired Terrene Tires from Krueger Outdoor Inc.

Tagged Mergers, Acquisitions & Investments
Alberto Nicoli, Bianca Bernardi, and Giovanni Caporali.

FRANKFURT, Germany (BRAIN) — Helmet manufacturer Limar SRL formed a division to serve the U.S. market, with the first new helmets ready for distribution in the coming weeks.

Tagged Distributor news / Eurobike

TAIPEI (BRAIN) — Taiwan exported nearly $2 billion worth of bikes, e-bikes and bike components in the first four months this year, up 28% from the same period last year.

Tagged Eurobike

BREMBATE, Italy (BRAIN) — Vittoria Group and UK technology and materials company Haydale will begin collaborating on innovation and graphene supply.

Company is the new owner of Osprey.

EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.

Tagged Earnings/Financial Reports

ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.

Tagged Mergers, Acquisitions & Investments
Joe Hawk.

VISTA, Calif. (BRAIN) — Chief operating officer Joe Hawk is retiring after 29 years at Haro Bikes.

BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes founders Stan and Cindy Koziatek are retiring after selling the company to the North Carolina-based investment company Zabel Companies LLC.

Tagged Mergers, Acquisitions & Investments
The Black Rocks E is among the Forme models stolen.

DERBY, United Kingdom (BRAIN) — Forme Bikes reported the theft of e-bikes from a supplier while in transit between its headquarters here and its Italian assembly plant on Friday.

KNOXVILLE, Tenn. (BRAIN) — Rick Adams is the new CEO of LeMond Bicycles, replacing Dean Hendrickson, who will transition to CEO of LeMond Carbon

Dahon's special 40th Anniverary bike

(BRAIN) — Dahon, celebrating its 40th anniversary this year, says it is refocusing on brick-and-mortar retailers by halting sales via Amazon and other online-only vendors.

TREVIGLIO, Italy (BRAIN) — Bianchi announced Thursday that it will directly distribute in Scandinavia beginning Friday.

Announcing it as "a new phase of the company's growth plan," it will control distribution in Sweden, Denmark, Finland, and Norway.

Tagged Distributor news

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