News
SEATTLE (BRAIN) — REI Co-op announced Monday that net sales for 2025 increased slightly year-over-year, the same day the union representing 11 stores said its workers voted to boycott the chain's biggest sale of the year that begins May 15 after contract negotiations ended last week.
WASHINGTON (BRAIN) — About 7,000 Malker Bicycle Light Sets are being recalled because they violate mandatory safety standards for products containing button cell and coin batteries that can be easily accessed by children and ingested. The light sets also do not have label warnings required by law.
HONOLULU (BRAIN) — New Jersey's passage of a bill requiring license, registration, and insurance for low-speed e-bikes and high-speed e-motos raised concern among the industry that other states would follow.
LONG BEACH, Calif. (BRAIN) — Zwift purchased real routes online platform Rouvy in an acquisition labeled as a strategic cooperation in which each will maintain independent operations. Terms of the deal were not disclosed.
STOCKHOLM (BRAIN) — Thule Group's first-quarter net sales decreased 3.4% with the North America region dropping 13.8%.
OLATHE, Kan. (BRAIN) — Led by growth in its Fitness segment, which includes cycling products, Garmin Ltd. revenue increased 14% year-over-year in a record first quarter.
BOULDER, Colo. (BRAIN) — Nearly a week after the 2026 Sea Otter Classic closed, I’ve absorbed an astonishing array of reports in the consumer and trade media, LinkedIn and elsewhere. Some is in line with my experience in Monterey, some not.
TAIPEI, Taiwan (BRAIN) — Taiwan’s three publicly traded bicycle makers — Giant, Merida, and Ideal — each showed sales revenue declines in March and for the complete first quarter.
SANTA ANA, Calif. (BRAIN) — A mother has been charged with felony child endangerment after her 14-year-old son riding an e-moto critically injured an 81-year-old Vietnam veteran. It's the latest arrest of a parent in California for allowing access to an e-moto that resulted in a crash.
OSAKA, Japan (BRAIN) — Sales in Shimano's bike division were down 0.7% in in the first quarter, but operating earnings in the business unit plummeted 46% in the quarter.
EL PASO, Texas (BRAIN) — Helen of Troy — the parent of Osprey and Hydro Flask — recorded a fourth-quarter net sales decrease of 3.3% year-over-year while its Home & Outdoor category (which contains Osprey and Hydro Flask) slipped 1.4%.
STOCKHOLM (BRAIN) — MIPS reported first-quarter net sales increased 30% year-over-year with its Sports sub-category that includes bike helmets rising 24%.
AUSTIN, Texas (BRAIN) — Woom announced on Earth Day Wednesday a resale marketplace platform for parents to sell and purchase the brand's used kids' bikes in a pledge to sustainability.
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