News
TEL AVIV (BRAIN) — Dmitry Nechaev, the owner of Sochi, Russia-based Triton Bikes, is asking industry suppliers and customers to continue to do business with his company, which he is planning to re-establish outside of Russia.
MOAB, Utah (BRAIN) — Western Spirit Cycling, the producer of Outerbike, is postponing three summer events due to a shortage of demo bikes. The company also announced an expanded expo format at its two remaining planned 2022 events, in Bentonville, Arkansas and Moab.
NEW YORK (BRAIN) — REI Co-op in Manhattan became the first store in the company's chain to unionize, with the announcement coming Wednesday night. By a vote of 88-14, the SoHo location will join the Retail, Wholesale and Department Store Union.
NEW YORK (BRAIN) — Signa Sports United, the publicly traded parent of Wiggle CRC and other e-commerce sites, reported a net sales increase of 11% in its first quarter. But it says the increase would have been higher if not for the shortage of complete bikes available in the quarter.
SEATTLE (BRAIN) — REI Co-op announced changes to and raised the price of its membership program Wednesday, including doubling the shop service discount.
BOSTON (BRAIN) — Landry's Bicycles enters year 100 with the announcement Wednesday that it is now completely employee-owned.
Retailers and manufacturers must set their sights on four critical initiatives that will lead the industry to another banner year in 2022.
(VELONEWS) — Look Cycle has immediately ended its association with the Gazprom-RusVelo team as a result of Russia's invasion of Ukraine.
TUCSON, Ariz. (BRAIN) — The Bicycle Tourism Network's board has decided to cancel its planned 2022 and 2023 Bicycle Tourism Conference events and to "postpone indefinitely" holding any future conferences.
HOYA, Germany (BRAIN) — Hermann Hartje KG announced Tuesday it has expanded its Mavic distribution to Sweden. This comes a year after it expanded into Denmark and the Benelux countries.
WESTPORT, Conn. (BRAIN) — Compass Diversified, the parent of BOA Technologies and Lizard Skins, among other brands, is reporting record fourth quarter and annual sales figures. The company's Q4 sales were $536.6 million and full-year 2021 revenues were $1.842 billion.
DENVER (BRAIN) — Alchemy Bikes reported the theft of two high-end bikes from its showroom here that are collectively valued at $20,500.
KENT, United Kingdom (BRAIN) — Brompton announced plans Friday for a new global headquarters to be completed in 2027 in the town of Ashford in Kent as the UK's largest bike manufacturer aims to produce more than 200,000 bikes yearly.
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