News

SAN FRANCISCO (BRAIN) — The Merry Sales Company worked with International Cycle Gears of India to produce the Eagle brand 2-speed coaster brake hub, which is based on the original specs and design of the Bendix 2-speed coaster brake hubs.

SAN MARCOS, Calif. (BRAIN) — Mountain bike brand Eminent Cycles, LLC has filed for Chapter 11 bankruptcy protection.

DENTON, Texas (BRAIN) — Bunch Bikes, a D2C cargo bike brand, will appear on ABC's Shark Tank in an episode that will air March 26.
Bunch Bikes founder and CEO Aaron Powell will pitch his company to the show's "shark" investors.

MURRIETA, Calif. (BRAIN) — After “chasing the carbon dream” the past decade, Dave Turner said it’s time to return to his cycling roots.

WILTON, Conn. (BRAIN) — Cannondale unveiled a series of billboards in high traffic locations in four cities to tout its newest e-bike line and the benefits of cycling from a green transportation and health and fitness perspective.

ŠUMPERK, Czech Republic (BRAIN) — The Hermann Hartje KG e-bike distributorship opened a new factory in the Czech Republic to expand its assembly and manufacturing capabilities.

STATEN ISLAND, N.Y. (BRAIN) — Tom Riccio walked into Bennett’s Bike Shop in 1993 to buy his five-year-old son’s first bike. He left with four bicycles and a connection to a community that would keep going for the next 27 years. “We decided in the store to become a family of bike riders,” he said.

BOULDER, Colo. (BRAIN) — For our March magazine edition, we asked our State of Retail panel members: What are your hiring challenges, and how do you manage them? Are you re-evaluating hiring practices to attain more diversity?

Like them or not, brand-owned retail stores are here to stay, with Trek in a commanding position to lock in key markets nationwide.
BLOOMINGTON, Minn. (BRAIN) — The industry probably can't control when the current boom will end (although we'd all like to extend it). But it might be able to influence how it ends.

The industry futurist says if the situation reduces inventory turns to unprofitable levels, that would be a glut to be concerned about.

MONTRÉAL (BRAIN) — Dorel Sports recorded a 14% sales increase in its fourth fiscal quarter and a 15% increase for its full fiscal year, which ended Dec. 30. Dorel Sports is the division of Dorel Industries that holds its bike brands, including Cannondale, Schwinn, GT and others.