News
Malmö, SWEDEN ( BRAIN) — Swedish hydration pack and accessory maker USWE is reporting first-half sales of SEK62.8 million ($6.4 million), down 11% from the first half last year.
USWE's currency-adjusted organic growth for the period was -4%, compared to 24% growth in the period last year.
FORT LAUDERDALE, Fla. (BRAIN) — A U.S. district judge dismissed a Florida woman's lawsuit against Walmart when the front wheel of an e-bike purchased from the retailer detached and injured the rider.
OLATHE, Kan. (BRAIN) — Garmin recorded record consolidated revenue in the third quarter with a 12% year-over-year increase. Its Fitness segment, which includes cycling products, posted a 16% rise in revenue.
OSAKA, Japan (BRAIN) — Shimano’s bicycle component sales increased 4.6% to ¥278.4 billion ($1.76 billion) in the first nine months of the company’s fiscal years while operating income in the division increased 10.9% over the period.
TRENTON, N.J. (BRAIN) — An assemblywoman will hold an e-bike demonstration and education day conducted by Velotric representatives on Thursday at the State House.
STOCKHOLM (BRAIN) — Thule Group's third-quarter net sales grew 3% year-over-year despite a continued sluggish North America market.
SANTA BARBARA, Calif. (BRAIN) — A man is suing a bicycle shop and Rad Power Bikes after the front wheel of his e-bike detached after applying the brakes, causing various injuries when he was thrown to the pavement.
(BRAIN) — According to a health data and analytics company report, e-bike injury rates increased 760.2% between 2023 and August 2026 while traditional bike injuries remained fairly stable, rising 7.9%. However, the study didn't separate e-bikes from e-motos.
WILTON, Conn. (BRAIN) — Cannondale is closing its longtime headquarters building here and consolidating its North American sales and operations in Santa Cruz, California. California is home to fellow Pon.Bike-owned brands Santa Cruz and Cervélo.
STOCKHOLM (BRAIN) — Led in part by the 12th consecutive quarter of growth in its Sports sub-category, MIPS' net sales increased 59% year-over-year in the third quarter.
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association and a consulting group said dozens of New Jersey bike shops have closed since the state passed a law this year requiring license, registration, and insurance for e-bikes, legislation aimed to address increasing high-speed motorized bike crashes and fatalities.
(BRAIN) — Garmin on Tuesday announced several new cycling products, including a top of the line bike computer, new entry-level computer models and an updated Tacx smart trainer.
CAPE TOWN, South Africa (BRAIN) — Cycling and motorcycle protective brand Leatt is introducing a line of bike care products called GRiTT, covering cleaning, maintenance, and protection for pedal and motorized applications.
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