News

Posted November 18, 2024
VanMoof S5.

AMSTERDAM (BRAIN) — VanMoof resumed e-bike sales and service in the United Kingdom Monday after the brand was acquired by British e-mobility company Lavoie last year.

Posted November 14, 2024

WASHINGTON (BRAIN) — Woom is recalling about 2,500 bikes because of crankset "fatigue fractures." There have been five reports of the crank breaking, including one report of an injury.

Posted November 12, 2024

STOCKHOLM (BRAIN) — Thule Group signed an agreement to acquire Australian phone mount manufacturer Quad Lock for AU$500 million ($327 million).

Posted November 12, 2024
How does it compare to pre-COVID levels, as well as the years since the pandemic?
Steve Yeager.

BOULDER, Colo. (BRAIN) — For our November magazine edition, we asked our State of Retail panel members: How would you gauge the current consumer demand for bikes, service, apparel, parts, accessories?

Posted November 11, 2024
Giant Group logo

TAIPEI, Taiwan (BRAIN) — Giant Group's sales in the first nine months of its fiscal year were down 7.1% compared to the same period last year. The company said that while bike inventory levels continue to decline in Europe and North America, order placement by the company's OE and retail customers is conservative.

Posted November 11, 2024

As the market for cycling and cycling products continues to shift and evolve, it becomes more important than ever to define who — and how many — we are.

Posted November 8, 2024

ANOKA, Minn. (BRAIN) — Vista Outdoor's Revelyst business unit, which contains its bike-related brands, recorded sales of $315 million in the company's fiscal 2Q25, a 3.9% decline year-over-year.

Posted November 7, 2024

SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the third quarter fell 12% year-over-year, but its founder and CEO Nicholas Woodman said reducing expenses next year will help lead a return to growth.

Posted November 7, 2024

BOISE, Idaho (BRAIN) — A conservationist is suing the Department of Interior, the Bureau of Land Management, and several state land management agencies over e-bike usage on a section of singletrack trails in the Sun Valley area.

Posted November 4, 2024

DENVER (BRAIN) — Used gear retailer The Pro’s Closet is re-opening immediately under new ownership and some familiar management.

Posted November 2, 2024

CYPRESS, Calif. (BRAIN) — Yamaha will stop wholesaling e-bikes in the U.S. market at the end of the year, the company told BRAIN on Friday. But the brand said it will offer dealers and consumers service and parts for "years to come."

Posted October 31, 2024

DULUTH, Ga. (BRAIN) — Fox Factory reported Thursday that sales in its bicycle-related brands grew 38.7% in the third quarter, compared to the same period last year.

Posted October 31, 2024

(BRAIN) — Compass Diversified saw a net sales increase of 11.8% in its third quarter and recorded net income in the quarter of $31.5 million — compared to a net loss of $3.8 million in the same quarter last year.

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