News
BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: How have you differentiated your shop, and what are your best business practices?
OSAKA, Japan (BRAIN) — An Asian news source is reporting that Shimano plans to invest $179 million to build a new plant in Singapore that will open next year.
BOULDER, Colo. (BRAIN) — A study measuring how well bicycling infrastructure advanced transportation alternatives across socioeconomic and demographic groups will help guide cities building equitable infrastructure, according to the Better Bike Share Partnership.
MILAN, Italy (BRAIN) — Asobi Ventures Inc. acquired a majority share of Gruppo Srl, the parent company of bike brand Cinelli and tube manufacturer Columbus. The companies did not disclose transaction terms.
LONDON (BRAIN) — Global private equity firm Rhône announced Wednesday it will make a "significant" equity investment in Wahoo Fitness. The transaction is expected to be completed in the third quarter. Additional financial terms were not disclosed.
SAN FRANCISCO (BRAIN) — The sales surge during the pandemic had more than a few shop owners thinking, “Maybe it’s time to sell.” Low inventory, plenty of cash, over a year of working too hard, retirement age looming if not already here … what better time to sell?
PARK RIDGE, Ill. (BRAIN) — Wheel & Sprocket opened its third Chicago area store last week and plans a grand opening event this weekend at the new Park Ridge location.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products will be the sole distributor of Benno bicycles, parts and accessories to specialty bicycle retailers in the U.S. beginning with the brand's model year 2022.
COLORADO SPRINGS, Colo. (BRAIN) — The family of a professional bike fitter and former Colorado Cyclist product line manager who died in custody last year is suing the city of Colorado Springs and four of its police officers.
PARK CITY, Utah (BRAIN) — Next month's The Big Gear Show will include a range of retailer education opportunities, including presentations, panels, and small group discussions covering a wide range of topics. The show is Aug. 3-5 at the Deer Valley Resort.
SALT LAKE CITY (BRAIN) — Italy's Extreme Racing Shox has a new U.S. distribution arm called EXT USA, which is being led by longtime suspension tuner Cody Priano.
Priano, the CEO of EXT USA, also owns Suspension Syndicate, a suspension tuning company based in Salt Lake City.
WASHINGTON (BRAIN) — A National Park Service memorandum Wednesday recommended parks that allow e-bikes the same access as traditional bikes to review that decision, citing ongoing litigation contesting the legality of a 2020 policy change.
WATERLOO, Wis. (BRAIN) — Trek Bicycle announced its first-year results from incorporating lower-impact and recyclable materials in its bike packaging. Targeting plastic waste, Trek said it removed 433,600 pounds of plastic from bike boxes and Bontrager accessory packaging.
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