News

PARIS (BRAIN) — Global sports retailer Decathlon is the latest company to announce it will suspend its business in Russia due to the Ukraine invasion. Most other brands involved in cycling have done the same.

LEADVILLE, Colo. (BRAIN) — Filling openings for mechanics has become more challenging than ever in the past two years with the country's workforce amid career reshuffling that started during the COVID-19 pandemic.

SAN DIEGO (BRAIN) — An Arizona woman is suing San Diego e-bike company Phantom Bikes and Costco Wholesale for $6 million. Carol Penkert's suit claims her bike came set up so the right brake lever operated the front brake, which caused her to flip over the handlebar and sustain serious injuries. Such a setup is banned by the CPSC.

WASHINGTON (BRAIN) — Commencal is recalling about 925 of its Ramones 14-inch kids bikes because of a crash hazard involving the brakes.

TAIPEI, Taiwan (BRAIN) — Giant Group says its full-year 2021 sales were 81.8 billion New Taiwan dollars ($2.85 billion), up 17% from 2020.

WASHINGTON (BRAIN) — Segway is recalling about 960 Ninebot kids bike helmets because they do not comply with the positional stability and retention system requirements of the U.S. Consumer Product Safety Commission's standard for bike helmets.

DANA POINT, Calif. (BRAIN) — With consumer demand waning, inflation rising and stimulus money drying up, Wednesday's announcement that many Chinese bikes will become exempt from a 25% tariff was well-timed.

DENVER (BRAIN) — After a contentious move to Denver five years ago, Emerald Expositions says its Outdoor Retailer trade show is going back to Utah.
NEWBURY PARK, Calif. (BRAIN) — After initially being unavailable to comment to BRAIN, Giant Group and Orbea each now say they have halted business in Russia due to the country's invasion of Ukraine.

(BRAIN) — European motorcycle equipment manufacturer 2Ride Group acquired California-based bike and moto protective gear brand Troy Lee Designs from SBJ Capital. 2Ride Group's majority owner, Eurazeo, is France's largest private equity fund.

BEVERLY, Mass. (BRAIN) — Parlee Cycles has sold out of T-shirts created to promote solidarity with Ukraine and to aid in humanitarian relief efforts in the war-torn country.
(BRAIN) — Two European cycling industry associations started a campaign to reduce plastic and eliminate unnecessary packaging.