Industry News

Will Schellenger.

BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: What steps do you take to prevent smash-and-grab theft and protect digital information? What are the additional protections you would like to put into place to prevent theft?

UPDATED with Wahoo statement.
An image from the exhibit included with Wahoo's complaint.

WILMINGTON, Del. (BRAIN) — Wahoo Fitness is suing Zwift and JetBlack for allegedly infringing on three Wahoo patents related to its stationary trainers.

Tagged Lawsuits/legal

SEATTLE (BRAIN) — Rad Power Bikes denied that one of its e-bikes started a residential fire that caused property damage and led to a lawsuit being filed against the brand on Tuesday.

Tagged Lawsuits/legal / Electric bike

MADISON, Wis. (BRAIN) — Pon's Pacific Cycle has reduced its North American workforce in an attempt to restructure operations in response to what it called challenging economic conditions in the retail mass market segment.

CEO says there is no "time clock" to turn around the company.

NEW YORK (BRAIN) — Peloton has eliminated another 500 employees globally, in what the company's CEO termed "the final phase of the company's transformation journey."

PHILADELPHIA (BRAIN) — State Farm Fire & Casualty and State Farm Mutual Automobile Insurance Company is jointly suing Rad Power Bikes on behalf of an insured client for property damage after his Rad Power e-bike caught fire.

Tagged Lawsuits/legal / Electric bike
Company owns Osprey and Hydro Flask.
An Osprey hydration reservoir.

EL PASO, Texas (BRAIN) — Helen of Troy reported second-quarter net sales growth of 9.7% year-over-year, with its Home & Outdoor group experiencing an 11.8% increase.

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) — PeopleForBikes on Tuesday released a final full agenda for its upcoming SHIFT '22 Conference in Bentonville, Arkansas.

Tagged Tradeshows and conferences / Bicycle Leadership Conference

(BRAIN) — The fourth annual Ebike Future Conference, an online event, will be held next week and boasts more than 50 speakers, including some well-known names in the U.S. industry.

Tagged Electric bike / Tradeshows and conferences

MORGAN HILL, Calif. (BRAIN) — David Schriber, formerly with Nike, Burton, and Masterclass, will be joining Specialized as chief marketing officer effective Monday.

(BRAIN) — The National Bicycle Dealers Association and Human Powered Solutions are warning e-bike and e-scooter dealers in areas affected by Hurricane Ian to beware of battery packs compromised by water.

Tagged Electric bike

CARLSBAD, Calif. (BRAIN) — The City Council here on Tuesday night voted to continue more new initiatives in addition to seeking community and government input on potential additional action to reduce the rise in collisions involving bikes and e-bikes.

Action the council took included:

Tagged Electric bike

LOUISVILLE, Colo. (BRAIN) — United Sports Brands, which bought Pearl Izumi from Shimano in May, is laying off several employees at the apparel brand and will close its Colorado headquarters.

TAIPEI (BRAIN) — Taiwan's Cabinet has approved a plan to end a stringent COVID-19 quarantine requirement that has discouraged foreign visitation. On Oct. 13, the country will likely lift the plan, which currently requires a three-day full quarantine followed by four days of mandatory health screening.

Tagged Coronavirus

CAVARZERE, Italy (BRAIN) — The Bottecchia bicycle company and local media are reporting that a large fire destroyed part of Bottecchia's production headquarters here on Sunday. On social media, the company said no employees were hurt and the extent of damage is still unknown.

CARLSBAD, Calif. (BRAIN) — The city recently took short-term measures in response to a 233% rise in collisions involving bikes and e-bikes in the past three years while it works to present a longer-term solution to the City Council on Tuesday.

WASHINGTON (BRAIN) — The U.S. Small Business Administration will host a free virtual forum for small businesses to improve their cybersecurity infrastructure.

FRANKFURT (BRAIN) — For the first time, Eurobike is offering exhibitors the option to attend only the event's three trade days and not the event's final two-day consumer bike festival.

Tagged Eurobike

LEXINGTON, Ky. (BRAIN) — Private equity firm MiddleGround Capital announced Tuesday that it acquired HLC. Terms of the deal were not disclosed.

Tagged Mergers, Acquisitions & Investments

TACHERTING, Germany (BRAIN) — PIERER Industrie AG has acquired a majority stake in the component brand Syntace and its bike brand, Liteville.

Tagged Mergers, Acquisitions & Investments


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