News

TAIPEI, Taiwan (BRAIN) — Organizers of the Taipei Cycle show have postponed the 2021 edition, which had been scheduled for March 3-6. They did not announce new dates for the show.

BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: "What would your dream bike shop be like, and where would you locate it?”

LONDON (BRAIN) — A fire at Specialized Bicycles' headquarters had a "devastating effect," the company says.

NEW YORK (BRAIN) — While Peloton Interactive’s sales surged past the $1 billion mark in its most recent fiscal quarter, slow deliveries continue to hold the company back.
SEATTLE (BRAIN) — A bookkeeper could face up to 20 years in prison after she was indicted for embezzling at least $200,000 from a local bike manufacturer.

While sales and demand were exceptional in 2020, the full-year import figures are not.

WATERLOO, Wis. (BRAIN) — Trek Bicycle has partnered with the National Interscholastic Cycling Association to create an initiative to bring more diversity to youth mountain biking.

BOULDER, Colo. (BRAIN) — Two of the longest-standing high school mountain bike racing leagues in the country have decided to go it alone, withdrawing from the National Interscholastic Cycling Association.

SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the fourth quarter dropped 32% year-over-year, closing a pandemic-stricken 2020 in which it experienced a 25% overall decline in revenue.

ANOKA, Minn. (BRAIN) — Bell and Giro's parent company is reporting that revenues in its division that includes those brands saw a sales increase of 18% in its third quarter, which ended Dec. 27.

SEATTLE (BRAIN) — Rad Power Bikes announced Thursday it received a minority investment of $150 million from several companies.

MOUNTAIN VIEW, Calif. (BRAIN) — Longtime retailer Dennis Uphoff, the owner of The Off Ramp — said to be the largest seller of bikes in NorCal for nearly 30 years — died Jan. 16th after sustaining an injury at home. He was 69.

CHICAGO (BRAIN) — Organizers of the CABDA Expo will unveil their newest event next week: CABDA Online. Taking the place of their usual, in-person first quarter events, the virtual B2B event hopes to offer some degree of normalcy for its attendees, show director Jim Kersten said.