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RICHMOND, Va. (BRAIN) — Giant Bicycle has filed a lawsuit against Coqui Cyclery for unpaid inventory, while a customer is suing the same shop saying the retailer took payment for a bike assembly that was never completed.
It's been a tough year for suppliers and retailers, and to get a sense of what happened on a nationwide basis, I reached out to Patrick Hogan, senior research manager for the PeopleForBikes Coalition. Fortunately, 2023 is finally over, and the new year offers a slightly less bleak picture.
CHICAGO (BRAIN) — Colnago named Brandt Furgerson CEO for Colnago America, which serves the United States, Canada, and parts of Latin America.
EL PASO, Texas (BRAIN) — Helen of Troy third-quarter net sales declined 1.6% year-over-year, despite the Home & Outdoor group's sales increasing 3.1%.
HELSINKI (BRAIN) — Amer Sports, parent company of ENVE Composites and other outdoor brands, officially announced the filing of a U.S. initial public offering.
GREENVILLE, S.C. (BRAIN) — After producing alloy rims about 15 minutes away from the Boyd Cycling facility since May, Boyd Johnson is convinced that U.S. domestic manufacturing is gaining momentum as 2024 begins.
WASHINGTON (BRAIN) — Aventon is recalling about 2,300 Class 2 Sinch.2 folding e-bikes because they can accelerate unexpectedly, posing a crash and injury hazard.
WASHINGTON (BRAIN) — Bell Sports recalled its Slope adult helmets because the strap anchor can dislodge from the helmet, failing to protect in the event of a crash.
NANTES, France (BRAIN) — E-bike connective solutions company Velco has entered the U.S. market and will supply its technology to three brands in 2024.
SAN FRANCISCO (BRAIN) — New company Friiway is offering an e-bike "leasing" program for Stromer or Riese & Müller models through a Bay Area retailer.
LOS ANGELES (BRAIN) — Industry veteran Rob Kaplan joined the Bulls Bikes USA team as head of sales on Monday. Kaplan has more than 30 years in the bicycle industry with most of his experience with e-bikes.
While hardware sales cooled off dramatically post-pandemic in the bike industry, spending on bike-related travel is a bright spot as Americans shift their spending to experiences rather than products.
MADISON, Wis. (BRAIN) — Saris Infrastructure has sold more than one million bike parking solutions and is currently working with Washington, D.C., to reimagine the city's infrastructure, providing nearly 2,000 bike docks so far, with more to come.
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