News

Posted September 10, 2020

WASHINGTON (BRAIN) — Cannondale, which issued a safety notice in July about front racks used on some of its Treadwell bike models, is now conducting a recall of the racks with the U.S. Consumer Product Safety Commission.

Posted September 10, 2020

LONDON (BRAIN) — Indoor smart bike maker Wattbike has received an investment of 11.5 million pounds ($14.8 million) from Piper, a UK-based private equity firm specializing in consumer brands.

Posted September 9, 2020
VanMoof's new Seattle store.

SEATTLE (BRAIN) — The Dutch e-bike brand VanMoof has opened a new company-owned retail store in Seattle, its third location in the U.S.

Posted September 9, 2020
Relocation to a 137,000-square-foot facility begins in November.
The Pro's Closet raised $12 million.

BOULDER, Colo. (BRAIN) — The Pro's Closet's growth during the unprecedented bike shortage this year has attracted additional funding and led to an upcoming relocation to a bigger facility.

Posted September 8, 2020

CONCORD, N.H. (BRAIN) — Following its purchase by Trek Bicycle, New Hampshire's Goodale's Bike Shops will retain the 100-year-old name, former owner Brad Hill has told the local newspaper.

Posted September 6, 2020
Year-to-date imports are up just 9.6% in units and down in dollars.

WASHINGTON (BRAIN) — U.S. bike imports have been steadily increasing each month since May, but the industry still has a long way to go to recover from a slow start to the year and the skyrocketing retail demand for bicycles during the U.S. COVID-19 pandemic.

Posted September 3, 2020

Portland retailer Erik Tonkin charges a bike assembly fee on top of the "sticker price." He says it's a better solution to shrinking bike margins.

Posted August 31, 2020

BLOOMINGTON, Minn. (BRAIN) — Salsa Cycles has issued a safety notice for certain Carbon Deluxe V2 and Carbon V2 forks equipped on Cutthroat model bikes that were shipped to dealers beginning in September 2019.

Posted August 31, 2020
Benno Baenziger (left) and Uwe Kalliwoda. Courtesy Benno Bikes.

DEL MAR, Calif. (BRAIN) — With Uwe Kalliwoda, Benno Bikes founder and managing director Benno Baenziger has brought an experienced industry player into the team, who after an extensive career and two-year time-out, will become an actively involved partner.

Posted August 28, 2020

AUSTIN, Texas (BRAIN) — Mellow Johnny's Bike Shop will provide bikes and services to the Austin Police Department until the city awards another contract, which is expected "sometime before or shortly after the beginning of the new calendar year."

Posted August 28, 2020

WASHINGTON (BRAIN) — The U.S. Consumer Product Safety Commission has issued recall notices for two of the three bike helmets that failed tests performed by Consumer Reports magazine last year. After the magazine test, one of the helmet makers disputed its findings, calling them "fake news." That company, Morpher, is now closed.

Posted August 27, 2020

SACRAMENTO, Calif. (BRAIN) — A state senate bill was amended that would have made California's share bike and scooter providers liable for rider injuries and possibly jeopardizing the state's micromobility business.

Posted August 26, 2020
Chad Burnett died in police custody May 24.

COLORADO SPRINGS, Colo. (BRAIN) — The El Paso County District Attorney's Office will not charge Colorado Springs police involved in the death of a professional bike fitter and former Colorado Cyclist product line manager who died in custody.

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