Industry News
PORTLAND, Ore. (BRAIN) — Backcountry.com has acquired Velotech Inc, the parent of e-commerce retailers BikeTiresDirect, Western Bikeworks, and TriSports.
MORGAN HILL, Calif. (BRAIN) — Specialized Bicycles is closing its California Auburn Innovation Center that opened last year and moving employees there to the brand's primary headquarters to enhance collaboration.
MANNING, South Carolina (BRAIN) — Perfection Industrial is auctioning machinery, tools and other equipment from Kent International's BCA factory here.
WASHINGTON (BRAIN) — Twenty-seven members of Congress filed a brief to an appeals court to support reinstating the three Consumer Product Safety Commission members who were fired by President Trump after objecting to staff firings.
WASHINGTON (BRAIN) — China-made helmets and bike trailers with aluminum frames will remain exempt from a 7.5% Section 301 tariff through the end of November.
KOBLENZ, Germany (BRAIN) — Canyon founder Roman Arnold is returning to an operational role at the company on Sept. 1 as Nicolas De Ros Wallace, who has been CEO, steps down.
HEERENVEEN, Netherlands (BRAIN) — Accell Group announced it will close its factory here by the end of the first quarter next year, resulting in the loss of about 160 jobs. Afterward, production will take place in Hungary with assembly in Dijon, France.
MÜHLTAL, Germany (BRAIN) — Riese & Müller informed retailers Monday morning that it is unable to ship e-bikes to the U.S. because of the new U.S. import rules placing a 50% tariff on steel used in e-bikes.
LA CRESCENTA, Calif. (BRAIN) — Specialist distributor Euro-Asia Imports is closing down after more than 50 years selling mostly high-end parts for road, touring and fixed gear bikes.
CAMBRIDGE, Mass. (BRAIN) — The state's first solar-powered e-bike charging and rental station opened in Somerville on Thursday that's part of a collaboration between Metro Mobility and the Massachusetts Bay Transportation Authority (MBTA).
WASHINGTON (BRAIN) — The steel used in e-bikes, indoor trainers, exercycles and some hand tools is now subject to the Trump administration's Section 232 tariffs, which are up to 50%.
LAKEWOOD, Calif. (BRAIN) — Tern Bicycles is collaborating with used e-bike marketplace Upway to offer a trade-in program at U.S. dealers.
(BRAIN) — Tom Curran, a longtime industry executive at United Imports, Peugeot Cycles, Derby Cycle USA and Kemco, died on July 28 at age 68.
Friends said Curran passed after a long battle with cancer. The family has held a private memorial and no public obituary is available.
DACUN TOWNSHIP, Taiwan (BRAIN) — Taiwan bike makers Merida Industries and Ideal Bike are each reporting first-half comprehensive losses as the Taiwan dollar gains strength against most currencies. Giant and Shimano also have recently blamed poor earnings reports, in part, on exchange rates.
BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: Which point-of-sale system do you use, and how well does it meet your needs in terms of performance, features, and cost effectiveness?
SAN MATEO, Calif. (BRAIN) — GoPro Inc. second-quarter revenue slid 18% year-over-year with retail and online channels decreasing 19% and 16% respectively.
MUKWONAGO, Wis. (BRAIN) — A liquidator is auctioning the remaining assets of Fuell Inc., an e-bike and e-motorcycle brand founded by motorcycle innovator Erik Buell that entered Chapter 7 bankruptcy last October.
BOULDER, Colo. (BRAIN) — Stuart Walsworth, husband of PeopleForBikes' president and CEO, Jenn Dice, died following a mountain bike ride Aug. 1 in Colorado. Funeral services for Walsworth, who was 58, will be Sunday at Greenwood & Myers Mortuary in Boulder.
TAIPEI (BRAIN) — Giant Group says its inventory-to-asset ratios have returned to "healthy pre-pandemic standards" following an inventory streamlining program. The company also said sales to its original equipment customers were up 30% in the first half of its fiscal year.
Pages
1600 Pearl St.
Boulder, CO 80302
This website copyright © 2025.
All rights reserved
