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WASHINGTON (BRAIN) — Cannondale is recalling some "Dave" 26-inch bikes because of reports of frame failures.
The recall affects model-year 2021 through 2023, with about 660 bikes sold in the U.S. and about 113 sold in Canada.
![Swrve co-founders Muriel Bartol and Matt Rolletta. Swrve co-founders Muriel Bartol and Matt Rolletta.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/unnamed_154.jpg?itok=5yEff7Hf)
LOS ANGELES (BRAIN) — Cycling and outdoor apparel brand swrve plans to close after 20 years in business, citing escalating operating costs. While no more orders will be placed, swrve will continue operations to sell off inventory in the coming months.
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AMSTERDAM (BRAIN) — VanMoof is providing access to repair manuals, guides, and technical drawings for e-bikes released in 2018 and earlier, materials that were previously accessible only to certified shops.
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(BRAIN) — Fox Factory revenues in its Speciality Sports Group, which includes its bike-related brands, were down 43% in the company’s 2023 fiscal year, a decline the company attributed to “channel inventory recalibration” and “lower end consumer demand.”
![Charlie Cunningham Charlie Cunningham](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/screenshot_2024-02-21_at_1.04.46_pm.png?itok=zP-GdBGK)
MARIN, Calif. (BRAIN) — Mountain Bike Hall of Famers Charlie Cunningham and Jacquie Phelan are selling Cunningham’s customized and refurbished Phil Wood & Co. spoke threading machine to support his ongoing care following a bike accident almost nine years ago.
PHILADELPHIA (BRAIN) — A settlement was reached Friday in State Farm Insurance Company's civil action lawsuit against Rad Power Bikes on behalf of an insured homeowner client who suffered property damage after his e-bike caught fire.
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OLATHE, Kan. (BRAIN) — Garmin Ltd. posted record revenue for 2023, while fourth-quarter revenue increased 13% year-over-year boosted by the Fitness segment.
![GT Managing Director Jason Schiers. GT Managing Director Jason Schiers.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/jason_scheirs_4.png.jpeg?itok=nI-wYH8f)
ALISO VIEJO, Calif. (BRAIN) — GT Bicycles is amid a transformation back to its IBD and off-road roots, the company says, and longtime industry pro Jason Schiers has had a lot to say about it.
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UTRECHT, Netherlands (BRAIN) — The Dutch Food and Consumer Product Safety Authority told the Accell Group cargo brand Babboe to stop selling its bikes for not investigating a series of reported broken frames as required by law.
NEWARK, N.J. (BRAIN) — Samuel Mancini, who pleaded guilty nearly two years ago to securities fraud in connection to a failed plan to buy up several legacy Italian cycling brands, is now asking the court to schedule his sentencing hearing.
WASHINGTON (BRAIN) — A public comment period ends next Wednesday, Feb. 21, for industry members and others who want to tell the U.S. Trade Representative's Office how they feel about extending an exclusion from a 25% tariff on Chinese-made bicycle products.
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WASHINGTON (BRAIN) — Bell Sports is recalling its Soquel youth helmets because the strap anchor can dislodge and fail to protect during a crash, violating the Consumer Product Safety Commission's federal helmet regulation.