Industry News

WATERLOO, Wis. (BRAIN) — Trek changed its bike packaging to incorporate lower-impact and recyclable materials earlier this year. On Friday the company released details of its new bike box and internal packaging and made a commitment to move to 100% recyclable and plastic-free packaging.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 15 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

MADISON, Wis. (BRAIN) — Saris is now working with Urban Arrow, the Dutch e-cargo bike brand, and the e-bike motor supplier Bosch to build and distribute commercial e-cargo bikes to the public sector in North America. Gazelle Bikes remains Urban Arrow's North American distributor of consumer e-cargo bikes.

BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products said its rebranding, revealed Thursday on its website and other communications, is more than just a new logo.

EMPORIA, Kan. (BRAIN) — The biggest event in gravel racing has a new name.
Race organizer Life Time announced Thursday that the Dirty Kanza will be renamed Unbound Gravel, with Garmin remaining the title sponsor.

PARK CITY, Utah (BRAIN) — The Big Gear Show, a bike and outdoor trade show scheduled to debut this year, will take place Aug. 3-5, 2021, and be endorsed by the National Bicycle Dealers Association.

BOSTON (BRAIN) — Whoop, which sells a wrist-based heart rate monitor and services through a monthly subscription, has closed a $100 million Series E financing round. The new funding, led by IVP, values Whoop at $1.2 billion.

POZZOLEONE, Italy (BRAIN) — Nicola Rosin is leaving Selle Royal S.p.A., where he has been general manager and a board member, after 19 years with the company, Selle Royal Group announced Wednesday.

KENT, Wash. (BRAIN) — Linn Kastan, the founder of the Redline BMX brand in the 1970s, is collaborating with the brand once again to produce a limited edition replica bike and launch a microsite devoted to Redline's history and Kastan's contributions.

OLATHE, Kan. (BRAIN) — Led by growth in fitness, outdoor, and marine, Garmin Ltd. revenue increased 19% year-over-year for the third quarter.

OSAKA, Japan (BRAIN) — Shimano Inc. sales in its bicycle segment were down in the first nine months of 2020, but the company has revised up its full-year earnings and revenue projections due to greater use of bicycles globally during the COVID-19 pandemic.

MILWAUKEE (BRAIN) — Harley-Davidson, which has been eyeing the e-bike market for several years, announced Tuesday that it will create a dedicated e-bike division launching in March 2021.
The Serial 1 Cycle Company is named for the nickname of Harley's first motorcycle model, "Serial Number 1."

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

STOCKHOLM (BRAIN) — Thule Group's third-quarter net sales rebounded with a 44.9% increase year-over-year following two previous quarters of decline.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

KOBLENZ, Germany (BRAIN) — KKR & Co. and Carlyle Group are among the private equity firms looking at Canyon Bicycles, according to a Bloomberg report citing sources who asked to remain unidentified.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.