News
RICHLAND, Wash. (BRAIN) — Charles Conte has the bike business in his family tree. His father Charles Sr. opened a small neighborhood shop in Newport News, Virginia, in 1957. Charles started working there when he was 12, cleaning, servicing, and selling the shop's trade-ins.
WASHINGTON (BRAIN) — With Congress finally agreeing to additional COVID-19 funding, retailers in need of financial assistance should begin preparing now.
BRIDGEPORT, Conn. (BRAIN) — A former Specialized Bicycle graphic designer is charging that she was terminated in violation of federal and state civil rights and employment laws.
NEW YORK (BRAIN) — Peloton has agreed to acquire Precor, one of the largest global commercial fitness equipment providers, in a transaction valued at $420 million.
NEW YORK (BRAIN) — Six people filed individual lawsuits last week against the bike-share company Motivate/Lyft and component manufacturer Shimano North America after being injured during falls nearly two years ago. The suits blame excessive front brake force for the crashes.
LOS ANGELES (BRAIN) — Roy Wallack, a long-time cycling and outdoors journalist and adventurer, died Saturday after a mountain bike crash in the Santa Monica mountains. He was 64.
LOS ANGELES (BRAIN) — The venture capital conglomerate Rokit Made is entering e-bike manufacturing.
AUSTIN, Texas (BRAIN) — This time last year, Hill Abell was contemplating some big changes at his five Austin stores. Drastic changes.
FLOWER MOUND, Texas (BRAIN) — This year's bike boom left many retailers with empty shelves, bulging bank accounts, and greatly reduced debt. It also left many exhausted. More than a few have decided this was the perfect time to get out of the retail grind, one way or another.
AUSTIN, Texas (BRAIN) — Hill Abell and Laura Agnew, the owners of Bicycle Sport Shop, have agreed to sell the business to Trek Bicycle.
WEST CONSHOHOCKEN, Pa. (BRAIN) — Industry veterans Steve Harad and Andy Shaub are heading up a new North American office for Promovec, a Danish company that makes e-bikes, motors and conversion kits for the consumer and OE markets.
MORGAN HILL, Calif. (BRAIN) — Bikes valued at more than $160,000 were taken from the company's headquarters during a weekend daytime break-in and robbery.
The view from Australia? "If you thought supply was tight in the second half of 2020 then you ain't seen nothin' yet!"
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