News
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!"
COTATI, Calif. (BRAIN) — Yuba Bicycles has hired industry veteran Pat Cunnane to serve as president of its North American operations and COO of its global business.
WILTON, Conn. (BRAIN) — Cannondale officially recalled the front fender hardware on its Canvas Neo models after receiving Consumer Product Safety Commision approval on the upgraded assembly. The new assembly will be available in January.
MARSHALL, Texas (BRAIN) — Mad Dogg Athletics Inc., one of the pioneers in studio cycling, is suing Peloton for patent infringement. Mad Dogg says Peloton infringes on two of its patents on electronic stationary bikes.
BOULDER, Colo. (BRAIN) — Walmart has joined the PeopleForBikes Coalition and its executive vice president, Daniel Trujillo, will join the coalition's board of directors.
BRUSSELS (BRAIN) — Groupe Bruxelles Lambert, a Belgium-based investment group, has agreed to acquire a majority share in Canyon Bicycles. GBL was joined by Tony Fadell, a former senior vice president of Apple's iPod division and co-developer of the iPod. Roman Arnold remains the largest individual shareholder in Canyon, with 40% of its shares.
SAN DIEGO, Calif. (BRAIN) — Knolly Bikes Inc., a bike manufacturer based in Burnaby, British Columbia, is suing Intense Cycles, Inc. for alleged patent infringement involving a rear suspension design.
LAGUNA BEACH, Calif. (BRAIN) — After more than 20 years in the pedal business, Crankbrothers has decided to get into the shoe game with a line of trail, enduro and downhill mountain bike shoes for flat and clipless pedals.
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