News

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported record fourth-quarter and full-year revenue gains of more than 80% year-over-year despite what it said were challenging global supply-chain conditions.

(BRAIN) — Tern's new, $2,999 Quick Haul is a compact, cargo-carrying e-bike is priced to maximize a proposed federal e-bike subsidy.

The president of the National Bicycle Dealers Association has tips on keeping the bike boom alive.
BERLIN (BRAIN) — Signa Sports United has taken a stake in Buzzbike, a U.K.-based bike subscription service. The company said the deal will enable Buzzbike to expand into U.S. and European cities, starting with a planned community in Florida.

CHICAGO (BRAIN) — SRAM is acquiring the cycling apparel brand Velocio, according to Velocio's owners.
The purchase closed on March 3 and was announced publicly on Wednesday, Andrew Gardner, Velocio's chief marketing officer, told BRAIN and VeloNews.

Retailer James Moore says as gas prices quickly increase to unprecedented levels, the industry needs to prepare to serve people needing inexpensive transportation.

DENVER (BRAIN) — The founder of the Colorado Classic, a women's-only road stage race, is announcing a request for funding to relaunch the event last held in 2019.

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported a second consecutive year of record full-year net sales for the period ending Jan. 29.

BOULDER, Colo. (BRAIN) — In hopes of giving Northern retailers some insight about how to prepare, we asked 2,000 shops in the South about their January and February sales.

ROSEVILLE, Calif. (BRAIN) — Retail chain Mike's Bikes has made its first retailer acquisition since it was bought by Pon Holdings last year. The chain has acquired Roseville Cyclery, which has been renamed Mike's Bikes of Roseville, the 14th Mike's Bikes location.

VISTA, Calif. (BRAIN) — Friends have launched a Gofundme campaign to help support the young family of 25-year industry veteran James Winchester.

IDYLLWILD, Calif. (BRAIN) — David "Bud" Hunt Jr., the owner of The Bike Route here, died on Feb. 23 at 93.
Hunt had run the store in this small mountain town above Palm Springs since 1973.