Industry News
SVETA NEDELJA, Croatia (BRAIN) — Porsche eBike Performance will eliminate the Greyp brand after acquiring a majority stake in the e-bike company in 2021.
BEVERLY, Mass. (BRAIN) — Parlee Cycles' John Harrison has a message for retailers and the industry.
ANOKA, Minn. (BRAIN) — Vista Outdoor's Outdoor Products Segment — which contains Bell, Giro, Fox Racing, CamelBak, QuietKat and other bike brands — will get a new name when it's spun off from the rest of the company later this year.
BANGKOK, Thailand (BRAIN) — Vittoria Tyres Thailand is opening a new 10,000-square-meter (108,000-square-foot) factory dedicated to cotton-casing tubular and clincher tires. The company said the factory, which will employ about 200 people, and is certified as carbon neutral by Climate Impact Partners.
CALGARY, Alberta (BRAIN) — VeloGuide, an app that matched cyclists with independent local guides, has shut down, founder and CEO Joel Goralski announced Wednesday.
EL PASO, Texas (BRAIN) — While Helen of Troy's Home & Outdoor group net sales remained virtually unchanged year-over-year in the second quarter, overall revenue was down 5.7%.
NEWARK, N.J (BRAIN) — Victims of what prosecutors call a “Ponzi-like” scheme to buy several Italian cycling brands are asking a judge to release pre-sentencing materials for Samuel Mancini, who has pleaded guilty to securities fraud in the case.
VANCOUVER (BRAIN) — A trio of entrepreneurs and longtime cyclists here have acquired all assets of retailer Bicicletta, which filed for creditor protection in June after closing its retail s
BEVERLY, Mass. (BRAIN) — Parlee Cycles, which entered Chapter 11 bankruptcy in February, has been acquired by John Harrison, who the company said is "an avid cyclist and independent investor."
SEATTLE (BRAIN) — Rad Power Bikes defended its quality control standards and denied the liability claim of a class-action lawsuit filed last week that a faulty fork and quick-release skewer design can cause the wheel to disengage.
WATERBURY, Vt. (BRAIN) — Mavic, which was acquired in 2020 out of receivership by the French investment group Bourrelier, has had no presence in the U.S. market since at least that time, leaving retailers and consumers to struggle to find repair parts and service.
SEATTLE (BRAIN) — A Maryland man filed a class-action lawsuit against Rad Power Bikes on behalf of himself and other consumers for manufacturing a faulty fork and quick-release skewer design that combined with the weight of the bike can allow the wheel to disengage.
STOCKHOLM, Sweden (BRAIN) — Derek Bouchard-Hall, a former elite cyclist and former CEO of USA Cycling and Assos, has joined POC as CEO.
BROOMFIELD, Colo. (BRAIN) — SmartEtailing, a longtime provider of retailer e-commerce websites and related services, is adding a point of sale option for the first time.
NEW YORK (BRAIN) — The City Council on Thursday approved a two-year city-funded trade-in program to get uncertified e-bikes and lithium-ion batteries off the streets in the latest legislative action to reduce the growing number of fires that have averaged four a week.
SEATTLE (BRAIN) — Rad Power Bikes announced Tuesday that all of its e-bikes and lithium-ion batteries will meet UL certification going forward.
BOULDER, Colo. (BRAIN) — The industry's e-bike battery recycling program has collected and recycled more than 43,000 pounds of batteries since the program began in November 2021.
BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: How does your shop manage e-bike battery risk? What steps do you take to manage uncertified batteries, and do you participate in any battery recycling programs?
NEW YORK (BRAIN) — Bloomberg is reporting that Amer Sports has made a confidential filing for an initial public offering in the U.S. that would value the company as high as $10 billion.
SAN FRANCISCO (BRAIN) — A trial date was established Thursday in a man's lawsuit claiming general negligence, product liability, and breach of warranty against Rad Power Bikes after the case management conference was canceled.
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