News
PASO ROBLES, Calif. (BRAIN) — Cambria Bike, one of the oldest operating e-commerce businesses in cycling, has acquired the intellectual property from Planet Cyclery and Colorado Cyclist, which closed this year. Planet Cyclery has already begun a soft relaunch and Colorado Cyclist may re-launch soon.
MORGAN HILL, Calif. (BRAIN) — Participating Specialized retailers worldwide will begin offering free single-tool repairs to anyone with any bike brand on Saturday with other free-repair days to follow.
KENNEWICK, Wash. (BRAIN) — Carbitex, which makes carbon fiber soles used in cycling shoes by Scott, Lake and other brands, has closed a new funding round for an undisclosed amount. Since 2016, Carbitex has closed on at least five Series A and Series B funding rounds totaling at least $15 million.
LOUISVILLE, Colo. (BRAIN) — Local Liquidators is handling the auction of the contents of The Pro's Closet facility here. The used bike seller closed its doors earlier this month.
When Ron Kozy bought a Rolls Royce from selling kickstands, he wasn't showing off. He was making a point.
BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: How’s profitability compared to last year, and how do you measure it? What tactics have been producing the largest and smallest results on your profitability in 2024?
Everything you’ve always wanted to know about how the bike business got to be the way it is today.
ZURICH (BRAIN) — Italy's Pinarello opened a flagship company store in downtown Zurich on Oct. 1, a week after the UCI Road World Championships concluded in the city.
NEVERS, France (BRAIN) — The LOOK Cycle Group has sold its Corima carbon wheel brand, which is being taken over by its co-founder, Pierre-Jean Martin. Look acquired a majority share in Corima in 2016.
WASHINGTON (BRAIN) — Reyhee Group is recalling about 400 Droyd multi-purpose youth helmets because they don't meet the Consumer Product Safety Commission's safety standards and can fail to protect in the event of a crash.
ASHEVILLE, N.C. (BRAIN) — Nutrition marketplace company Fuel Goods and apparel manufacturer Pressio created the 828 Endurance Community relief effort for Western North Carolina outdoor and endurance businesses affected by Tropical Storm Helene.
ANOKA, Minn. (BRAIN) — Vista Outdoor has agreed to sell its Revelyst business unit — which includes its bike-related brands — to Strategic Value Partners for $1.125 billion.
HILDEBRAN, N.C. (BRAIN) — Residents affected by Hurricane Helene are only beginning to recover days after the storm left destruction from Florida to Virginia. Industry members are establishing ways to support recovery remotely.
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