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BENTONVILLE, Ark. (BRAIN) — Tom Walton, an heir to the Walmart fortune, part-owner of several bike industry companies and a promoter of cycling in Arkansas, said Tuesday he supports Arkansas Gov.
SEASIDE, Calif. (BRAIN) — Coefficient Cycling is taking a fresh approach to handlebar packaging and display materials. The company said its goal was to provide purchasers of its carbon bars — which sell for $350 and $399, depending on model — with an upscale unboxing experience.
HENLEY-ON-THE-THAMES, England (BRAIN) — Endura Sales Manager Simon Richardson was killed in a bike accident here on Sunday. He was 58.
XIAMEN, China (BRAIN) — Carbon wheelset manufacturer Light Bicycle responded to increased demand in the past year by opening a warehouse in France, which will handle orders in the European Union.
As an analyst and observer of the American bicycle market and business for the past 60 years, I began to ask how you can have a Bike Boom when U.S. imports of bicycles were "not exceptional"?
PORTLAND, Ore. (BRAIN) — Cycling Industry Pledge enrollment has been extended to the end of the month for companies to advance diversity, equity, and inclusion.
EASTON, Pa. (BRAIN) — Trek Bicycle has acquired Genesis Bicycles, a single-store operator in the Lehigh Valley.
SAN VENDEMIANO, Italy (BRAIN) — PM&Partners SGR, an Italian private equity company, has become the majority shareholder in Cytech, the parent company of Elastic Interface and other cycling brands.
NEW YORK (BRAIN) — Peloton has completed its $420 million purchase of the Precor fitness brand from Amer Sports. Peloton said the acquisition provides U.S. manufacturing capacity, R&D resources and access to the commercial fitness equipment market.
Mel Pinto Imports was one of the first to introduce European race bikes, including Gitane, to the American market during the 1970s bike boom.
NEW YORK (BRAIN) — Rubber N' Road, a retailer that held two series of weekend pop-up events in the city last year, will hold its first 2021 events this month.
Like last year's events, the pop-ups are being hosted on Sundays only at Volvo Cars Manhattan, which is the car brand's flagship US studio.
MIAMI (BRAIN) — JBI was the victim of a ransomware attack Thursday, shutting down the global wholesale distributor's website. Customers' personal information was unaffected because it's stored off-site.
WASHINGTON (BRAIN) — The Paycheck Protection Program has been extended another 60 days until May 31 for small-businesses owners to apply for financial assistance in the wake of the COVID-19 pandemic.
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