Industry News
OSAKA, Japan (BRAIN) — Shimano now services third-party e-bike batteries used in its STEPS drive units for North American retailers, unifying the service contact and providing a faster turnaround, the company said. Before the change, retailers had to work with the bike or battery manufacturer.
DANA POINT, Calif. (BRAIN) — New frontiers of safety are opening up in the technology world. Cars sensing bikes, bikes sensing cars, once little more than a pipe dream, is rapidly becoming a reality. One soon-to-be launched solution is Spoke, previewed at the Bicycle Leadership Conference.
MUNICH (BRAIN) — Alpha Bikes, which has operated a Specialized concept store here since 2008, is switching to Giant bikes at the store in July. The retailer said Specialized's new consumer-direct strategy led to the change.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported first-quarter net sales decreased 7.5% year-over-year for the period ending April 30.
SYDNEY (BRAIN) — The Australian stock exchange has stopped trading BikeExchange’s stock at the company’s request. According to the stock exchange, the company requested the trading halt because of an expected announcement of “a material capital raising.”
BOULDER, Colo. (BRAIN) — Outside Interactive, the parent company of Bicycle Retailer & Industry News, has cut its workforce by about 15%, eliminated two of its bike-related titles and reduced or eliminated several print magazines while continuing the titles online.
DANA POINT, Calif. (BRAIN) — The closing session at this year’s Bicycle Leadership Conference was not the flashiest or the best attended. But it probably was the most sobering 60 minutes of the two-day conference.
MILAN (BRAIN) — Asobi Ventures, an Austin, Texas, group that acquired a majority share in Gruppo Srl in 2021, has acquired the remaining shares. Gruppo Srl is the parent of Cinelli and Columbus.
DAYTON, Ohio (BRAIN) — Bruno Maier has been appointed president and COO of United Wheels Inc., the parent company of Huffy, Niner, Batch, VAAST and Royce Union. Claude Jordan, who has been CEO for four years, is retiring and will remain as a senior advisor during the transition.
IRVINE, Calif. (BRAIN) — The Centurion brand that includes road, mountain, and e-bikes is available for U.S. license, according to its licensor JMM Lee Properties.
Electric cargo bikes present the opportunity to transform last-mile deliveries in cities. Will the United States follow Europe’s lead?
FELIXSTOWE, England (BRAIN) — Merida Bikes reported the theft of 133 bikes on Thursday from a container at a Southampton port that was on its way to its logistics facility here.
SCHLITTERS, Austria (BRAIN) — E-bike brand Nox Cycles officially opened its new headquarters in the Austrian Alps on Friday, combining production, administration, warehouse, showroom, and an in-house demo center.
The cost of the facility was 3 million euros ($3.1 million).
MONTEREY, Calif. — Peter Arlein looked out at the swelling Friday crowd at the Sea Otter Classic last month and told a dirty truth.
TAIPEI, Taiwan (BRAIN) — Giant Group revenues in the first quarter was NT$22.26 billion ($746 million), up 8% from the same quarter last year.
MONTEREY, Calif. (BRAIN) — Nukeproof Industries is making plans to come home. The longtime gravity brand known for utilizing titanium and carbon fiber — including those iconic carbon-aluminum hubs — began in Grand Rapids, Michigan, in the 1990s before Irish downhill racer Michael Cowan acquired the brand a decade later.
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported its seventh consecutive quarter of record-breaking revenue, with first-quarter revenue increasing 88% year-over-year, led by mountain bike and moto helmet sales.
(BRAIN) — Zwift has announced significant staff layoffs and a "pause" to its much-anticipated hardware development program for developing its own range of smart bike and direct-drive trainer offerings.
MORGAN HILL, Calif. (BRAIN) — Specialized on Tuesday announced a new line of e-bikes under the Globe brand, which Specialized has used in the past for city bikes. The company said Globe will let independent bike shops compete with D2C-only e-bike brands.
BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What are the most — and least — effective things you’ve done to recruit, hire, and retain staff?
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