Industry News
BOULDER, Colo. (BRAIN) — Wholesale bike sales to retailers fell 18% in May, by unit count. A higher average wholesale price reduced the pain somewhat: dollar sales were down less than 4% in the month.
BREVARD, N.C. (BRAIN) — As a former professional, Chris Carmichael understands the mentality of the competitive cyclist and is well aware of the ire e-bikes spark among some of his brethren.
STOCKHOLM (BRAIN) — MIPS has agreed to purchase the GlideWear brand and patent rights associated with the GlideWear technology from Tamarack Habilitation Technologies, Inc. for about $1 million.
WASHINGTON (BRAIN) — Days after the Trump administration's tariff on most Chinese bike products was increased from 10% to 25%, representatives from the bike industry spoke at a hearing in the nation’s capital in hopes of fending off the administration's final proposed tariff, which would apply to virtually
BOULDER, Colo. (BRAIN) — 2019 started with 11 states using the model three-class e-bike definitions. As of June 19, 22 states now define e-bikes within the three classes, effectively doubling the total in just six months.
CALGARY, Alberta (BRAIN) — Travelers seeking a guide and perhaps a bike in far-flung locations can opt for VeloGuide, an app offered by Canadian entrepreneur Joel Goralski. VeloGuide wants to do for bike travel what Airbnb and Uber did for home and ride sharing.
SEATTLE (BRAIN) — Now that even Shimano has jumped into the gravel bike component market in a definitive way, it’s a time of reckoning for suppliers who have nurtured the category's growth since before it was a category.
IRVINE, Calif. (BRAIN) — The 2019 American International Motorcycle Expo, the largest motorcycle trade and consumer show, will include an e-bike pavilion sponsored by Cycle Volta, a new e-bike media title. Cycle Volta is producing the pavilion in cooperation with the Motorcycle Industry Council.
TEL AVIV (BRAIN) — Many riders who hop on a shared e-scooter or e-bike are unaware that they may not be insured for liability. An Israel-based company has raised $5 million in Series A funding to launch Voom, offering insurance on a daily basis to users of e-scooters and other vehicles.
BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association held its final board meeting prior to the group's merger with PeopleForBikes.
TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's chairwoman, Bonnie Tu, told Bloomberg that the era of "Made in China" is over.
MUSSOLENTE, Italy (BRAIN) — Scicon Sports, known to U.S. retailers for bike travel cases and as Ellsworth’s new sister brand, is broadening its product portfolio with the addition of sunglasses, saddles and cycling apparel, with more to come.
CHICAGO (BRAIN) — CABDA Expo organizers have opened exhibitor registration for all three of their 2020 regional trade shows: CABDA West in metro San Diego, CABDA Midwest held outside Chicago, and CABDA East in metro New York City.
TEMECULA, Calif. (BRAIN) — Getting kids ages 3-7 on their own two wheels with their parents has been the goal of StaCyc Inc. since its inception in 2016. Acquired by Harley-Davidson Inc. in March, StaCyc is fast-tracking this rite of passage with a three-pronged strategy.
OLATHE, Kan. (BRAIN) — Gary Burrell, who co-founded Garmin Ltd. with Dr. Min Kao in 1989, died June 12 at age 81, the company announced.
Burrell retired in 2002 and continued to serve as Garmin's co-chairman until 2004 when he was named Chairman Emeritus.
A Chinese company that raised millions by launching a connected road bike with crowdfunding campaigns wound up just a few years later gone without a trace except for 800,000 abandoned share bikes.
NEW YORK (BRAIN) — Wanda Sports Group, a subsdiary of Chinese conglomerate Dalian Wanda, is hoping to raise a half a billion dollars in an intial public offering on Wall Street this year.
WASHINGTON (BRAIN) — Sen. Mike Lee has reintroduced Senate bill S. 1695, the Human-Powered Travel in Wilderness Areas Act, which would allow local managers to permit bicycles on existing trails and roads in federal Wilderness areas.
SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.
PETALUMA, Calif. (BRAIN) — Framebuilder, innovator and industry gadfly Bruce Gordon was found dead Friday morning at his home in Petaluma, according to friends.
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