Industry News

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

Tagged Earnings/Financial Reports
Operating income in the division was up 5%
Shimano celebrates its 100th anniversary next year.

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. 

Tagged Coronavirus / Earnings/Financial Reports
Updated: the bikes will be sold D2C and through Harley-Davidson dealers. Pricing TBA.

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."

Tagged Electric bike / Earnings/Financial Reports
Part 14 of BRAIN's Crystal Ball series.
7mesh's Tyler Jordan.

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.

Tagged Crystal Ball
Part 13 of BRAIN's Crystal Ball series
Nicole and Boyd Johnson.

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.

Tagged Crystal Ball
Part 12 of BRAIN's Crystal Ball series.
Matt Nims

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.

Tagged Crystal Ball

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

Tagged Earnings/Financial Reports
Part 11 of BRAIN's Crystal Ball series.
Steve Medcroft.

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.

Tagged Crystal Ball

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.

Part 10 of BRAIN's Crystal Ball series.
Luke Kuschmeader.

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.

Tagged Crystal Ball
Part 9 of BRAIN's Crystal Ball series.
Dave Manchester.

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.

Tagged Crystal Ball
Part 8 of BRAIN's Crystal Ball series.

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.

Tagged Crystal Ball

CHICAGO (BRAIN) — CABDA has postponed its inaugural Industry Summit, planned for early November at Disney World in Florida, to 2021. CABDA will hold a virtual trade event in mid-February, and hopes to resume in-person trade events next fall.

Tagged CABDA / Tradeshows and conferences

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show which had planned a down-sized event for Thanksgiving week this year, announced early Friday that the event will be canceled due to a coronavirus outbreak in the region.

Tagged Coronavirus / Eurobike / Tradeshows and conferences
Part 7 of BRAIN's Crystal Ball series.
Lindsay Gaskins

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.

Tagged Crystal Ball

WASHINGTON (BRAIN) — Following the Department of Interior's lead, the U.S. Forest Service is proposing updates on how e-bikes will be managed and offering a public comment period that ends later this month.

Tagged Electric bike
Part 6 of BRAIN's Crystal Ball series.
Paceline Products' Steve Mathews.

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.

Tagged Crystal Ball

FOOTHILL RANCH, Calif. (BRAIN) — Bosch eBike Systems is making its Dealer Certification program available via live virtual clinics.

The company said demand for e-bikes is booming, but the pandemic is making it difficult to host in-person training. 

Part 5 of BRAIN's Crystal Ball series.
Jake Heilbron and Dan Gerhard, Partners, Kona Bikes

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.

Tagged Crystal Ball
Bicycle Retailer & Industry News has joined Outdoor Media 4 Inclusion, a group developing a list of content creators from marginalized groups.

Outdoor Media 4 Inclusion will work to provide more opportunities for journalists and contributors who are Black, Indigenous, people of color, and members of other marginalized communities.

Tagged DEI and Sustainability

Pages

Subscribe to RSS - Industry News