Industry News
(CYCLINGTIPS) — USA Cycling President and CEO Rob DeMartini is leaving that role to become the acting CEO and a board member at Purple, which makes mattresses, pillows, and other comfort products.
OSAKA, Japan (BRAIN) — Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site.
LONDON (BRAIN) — Bike.Rent Manager, a bike rental software platform, has secured 490,000 pound ($648,000) investment in a recent funding round in partnership with Universum Wealth. BRM said it is profitable and growing fast with customers in over 27 countries.
BOULDER, Colo. (BRAIN) — For our December magazine edition, we asked our State of Retail panel members: What percentage of your business is service and how are you managing parts shortages?
TREVIGLIO, Italy (BRAIN) — Bianchi has unveiled plans to build a new headquarters building and factory here. The 30,000 square meter (325,000 square foot) facility will have about 17,000 square meters devoted to bike production. Production is expected to begin in 2023.
ALPHARETTA, Ga. (BRAIN) — New cycling component company RP Designs has acquired mountain bike brand Ellsworth from the ASG Group. RP Designs and Ellsworth will offer a complete bike lineup, components, and accessories.
SUN PRAIRIE, Wis. (BRAIN) — American Classic is back, first as a consumer-direct tire brand, but wheels — and dealer sales — are on the horizon, the reborn company’s new president, Chris Clinton, told BRAIN.
IRVINE, Calif. (BRAIN) — If you are seeing some fresh faces in the stores and on the trails these days, there's a good reason: Fully half of today's cyclists either entered the sport in the last two years or returned to it after a lay off.
VOJENS, Denmark (BRAIN) — Hartje Ebsen will distribute SRAM products in Denmark — including RockShox, Truvative, Quarq, and Time — at the beginning of the year.
STOCKHOLM (BRAIN) — Helmet technology company MIPS continues to refine concept testing with the introduction of its Virtual Test Lab, helping brands develop new designs without physical prototype production.
BURLINGTON, Vt. (BRAIN) — The Flagg Bicycle Group announced Wednesday that it acquired women's cycling company Terry Bicycles, which will be renamed Terry Precision Cycling.
The sale was completed Tuesday.
EL PASO (BRAIN) — Helen of Troy Limited, a publicly traded company that owns several consumer product brands, has agreed to acquire Osprey Packs for about $414 million. Osprey, founded in 1974, makes hiking and backpacking packs as well as hydration packs for cycling.
NEW YORK (BRAIN) — Juliet Scott-Croxford recently was hired by London-based Brompton folding bikes to be president of North America amid the company's 50% U.S. growth in unit sales in the past year during the bike boom and 76% over 2019. Scott-Croxford, formerly the CEO of Worth magazine, took time in October to answer questions from BRAIN about her plans for Brompton's expanding U.S. market.
BAYFIELD, Colo. (BRAIN) — Tailwind Nutrition unveiled a re-branding this fall as the nine-year-old company see continued growth beyond the ultra-endurance athletes that helped it get its start.
MONTEREY, Calif. (BRAIN) — E-bikes and the Sea Otter Classic have had a long relationship dating back to the first e-MTB race held here in 2016. Five years later, while e-bike racing continues to grow, the event is also featuring e-bikes for a greater good.
We spoke to shop owners, front-line staff and industry experts to get a clearer picture of the rewards and opportunities available in the industry. First, we'll compare compensation and benefit numbers with other industries. Then let's look at three good things and one bad thing about working in bike retail.
WELS, Austria (BRAIN) — Rossignol Groupe has sold Felt Bicycles to the Pierer Mobility, best known as the parent company of the KTM motorcycle brand, Pierer announced Tuesday.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 13.9% in the third quarter year-over-year and raised its full-year guidance.
(CYCLINGTIPS) — Simon Mottram, the founder and longtime figurehead of British cycling clothing brand Rapha, is stepping down as CEO at the end of this year. Mottram had been in the role for 17 years, ever since he founded the company in London in 2004.
TUCSON, Arizona (BRAIN) — As PeopleForBikes' Electric Bicycle Summit—a one-day affair—got underway late last week, a key takeaway was this: The industry is struggling to understand the impact of a fast-growing e-bike boom.
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