Industry News
IRVINE, Calif. (BRAIN) — Former BRAIN managing editor Toby Hill has been named the first editor-in-chief of Cycle Volta, an e-bike and electric two-wheel mobility website operated by publisher Bonnier Motorcycle Group. Hill started in his new role Monday.
STOCKHOLM (BRAIN) — Helmet industry veteran Greg Shapleigh is leaving the board of MIPS and says he will assume "a key position" in the industry.
HELSINKI (BRAIN) — Amer Sports Corporation, the former owner of Mavic and current owner of Enve Composites and other brands, has asked for its stock to be delisted from the Nasdaq Helsinki stock exchange. Mascot Bidco Oy, a group led by Chinese sports brand Anta, has acquired all shares of Amer in a buyout that was initiated last September.
ZURICH (BRAIN) — Accell Group has sold Protanium, a pedelec development brand, and Diavelo, an associated pedelec bike brand, to a new Swiss company headed by pedelec entrepreneur Karin Vogelsanger.
NEW YORK (BRAIN) — Three bike industry brands — two of them in the e-bike market and the other in the youth bike space — have made Inc. magazine's annual list of the 5,000 fastest growing private companies.
STERLING, Va. (BRAIN) — With battery-powered grinders becoming a favorite tool among bike thieves, Altor Locks has developed its own cutting-edge technology.
SQUAMISH, British Columbia (BRAIN) — 7Mesh was founded by a crew with years of experience in the technical outdoor apparel market, so a technical cycling rain jacket was a natural centerpiece of its first seasons.
But its founders always had bigger plans for the brand.
CARLSBAD, Calif. (BRAIN) — SockGuy's summer "promo" sock supports the Yellow Umbrella movement in Hong Kong.
WASHINGTON (BRAIN) — While President Donald Trump announced Tuesday that his administration will delay some tariffs on Chinese imports until Dec. 15, most bicycle products remain on a list subject to increased tariffs Sept. 1.
LITTLE ROCK, Ark. (BRAIN) — Tony Karklins and HIA Velo have settled the lawsuit Karklins had filed against the company last fall.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing Co. LTD enjoyed a 5.3% increase in first half revenue driven by growing demand for e-bikes in Europe as well as favorable exchange rates. Recovering sales in China also helped boost revenue. Giant reported its first half numbers Wednesday.
VANCOUVER, British Columbia (BRAIN) — Power2Max, which has been offering a crank spider-based power meter since 2011, is one of the best known power meter brands in Europe but has considerably smaller visibility in North America.
SEATTLE (BRAIN) — Rad Power Bikes will provide e-bikes exclusively to Domino’s pizza franchises later this year, according to an agreement announced Tuesday.
TUCSON, Ariz. (BRAIN) — After those first few pedal strokes, tire pressure becomes an afterthought for most cyclists. An undetected slow leak can change that in a hurry.
It did for Kurt Stillman.
CHATTANOOGA, Tenn. (BRAIN) — American Bicycle Group — which said it has grown 70% in recent years and added 18 new jobs at its facility here — was honored at a White House "Made in America Product Showcase" in mid-July.
NEW YORK (BRAIN) — Accell North America is bringing fresh blood to two of its legacy brands, Redline and Raleigh, through collaborations with celebrity artists and designers.
YUCAIPA, Calif. (BRAIN) — While the number of agencies using e-bikes is unknown, a police bicycle safety group said their adoption is "growing rapidly," further fueling the e-bike market.
CAPE TOWN, South Africa (BRAIN) — Leatt Corp. revenues increased 10% in the second quarter over the same period last year.
NEW YORK (BRAIN) — Vista Outdoor says sales in its Action Sports division, which includes Bell, Giro, and Blackburn, were strong in the specialty channel in its Q1, but sales in the mass market channel were soft.
HEERENVEEN, the Netherlands (BRAIN) — Accell Group N.V. has agreed to sell its U.S. business, including the worldwide registrations for Diamondback, Redline and IZIP, to Regent LP, the California investment firm that bought Mavic earlier this year.
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