Industry News
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MOAB, Utah (BRAIN) — Western Spirit Cycling, the producer of Outerbike, is postponing three summer events due to a shortage of demo bikes. The company also announced an expanded expo format at its two remaining planned 2022 events, in Bentonville, Arkansas and Moab.
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NEW YORK (BRAIN) — Signa Sports United, the publicly traded parent of Wiggle CRC and other e-commerce sites, reported a net sales increase of 11% in its first quarter. But it says the increase would have been higher if not for the shortage of complete bikes available in the quarter.
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(VELONEWS) — Look Cycle has immediately ended its association with the Gazprom-RusVelo team as a result of Russia's invasion of Ukraine.
TUCSON, Ariz. (BRAIN) — The Bicycle Tourism Network's board has decided to cancel its planned 2022 and 2023 Bicycle Tourism Conference events and to "postpone indefinitely" holding any future conferences.
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HOYA, Germany (BRAIN) — Hermann Hartje KG announced Tuesday it has expanded its Mavic distribution to Sweden. This comes a year after it expanded into Denmark and the Benelux countries.
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WESTPORT, Conn. (BRAIN) — Compass Diversified, the parent of BOA Technologies and Lizard Skins, among other brands, is reporting record fourth quarter and annual sales figures. The company's Q4 sales were $536.6 million and full-year 2021 revenues were $1.842 billion.
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DENVER (BRAIN) — Alchemy Bikes reported the theft of two high-end bikes from its showroom here that are collectively valued at $20,500.
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KENT, United Kingdom (BRAIN) — Brompton announced plans Friday for a new global headquarters to be completed in 2027 in the town of Ashford in Kent as the UK's largest bike manufacturer aims to produce more than 200,000 bikes yearly.
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DULUTH, Ga. (BRAIN) — Fox Factory executives said all orders for its OE bike products are pre-booked for 2022 and they expect no letup in demand until next year or beyond.
Fox announced Thursday that its revenues last year hit $1.3 billion, a company record and a 45.9% increase over its 2020 sales.
![The building during its Gem City Ice Cream era. The building during its Gem City Ice Cream era.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/p18_wright_bros_bldg.jpg?itok=NvoAkmV1)
DAYTON, Ohio (BRAIN) — When Matthew Tepper enters Dayton’s West Third Street Historic District, he looks for a two-story brick building as a waypoint. If it’s demolished, he says, its absence would completely alter the neighborhood’s cornerstone and historical context.
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BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News is once again preparing the official event guide for the Sea Otter Classic. The Guide is a consumer-facing publication distributed at the festival and shared digitally with BRAIN subscribers and the readers of Outside's other cycling titles.
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SEATTLE (BRAIN) — The King County Board of Health repealed a 29-year-old mandatory bike helmet law Thursday, citing evidence of racial and anti-homeless bias in its enforcement.
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PORTLAND, Ore. (BRAIN) — According to Bryan Hance, it's common in this environmentally conscious and cycling-friendly city for families to trade their vehicle for e-bikes. But if those e-bikes are stolen, it has a chilling effect on the city's bicycling culture.
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LOUISVILLE, Colo. (BRAIN) — Because it deals exclusively with pre-owned bikes, e-commerce seller The Pro's Closet remains up to date on the latest bike theft trends. But even it was taken aback by the uncovering of a Mexican Facebook Marketplace seller's stolen bike enterprise.
CHICAGO (BRAIN) — When a smash-and-grab or individual theft occurs with its registered bikes, Bike Index recommends first filing a police report, but co-founder Bryan Hance and Executive Director Craig Dalton said relying exclusively on law enforcement for recovery often isn't enough.
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CHICAGO (BRAIN) — Bike Index began nearly a decade ago with a modest goal: registering bikes into a database to increase the chances of recovery if stolen. It completed its eighth year in 2021 by accomplishing something bigger.
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GRAND RAPIDS, Mich. (BRAIN) — A U.S District Court judge has dismissed a case that a mobile game app maker had filed against Trek Bicycle after Trek challenged the game maker’s trademark registration.
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OLATHE, Kan. (BRAIN) — Garmin Ltd. reported record revenue for the year and in the fourth quarter despite flat fitness sales that include cycling products.
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EASTON, Pa. (BRAIN) — Roam Investment Group, led by former Allied Cycle Works COO Paul Jarrell, has acquired Speedsleev, the maker of minimalist saddle bags and handlebar bags.