News

EMPORIA, Kan. (BRAIN) — The biggest event in gravel racing has a new name.
Race organizer Life Time announced Thursday that the Dirty Kanza will be renamed Unbound Gravel, with Garmin remaining the title sponsor.

PARK CITY, Utah (BRAIN) — The Big Gear Show, a bike and outdoor trade show scheduled to debut this year, will take place Aug. 3-5, 2021, and be endorsed by the National Bicycle Dealers Association.

BOSTON (BRAIN) — Whoop, which sells a wrist-based heart rate monitor and services through a monthly subscription, has closed a $100 million Series E financing round. The new funding, led by IVP, values Whoop at $1.2 billion.

POZZOLEONE, Italy (BRAIN) — Nicola Rosin is leaving Selle Royal S.p.A., where he has been general manager and a board member, after 19 years with the company, Selle Royal Group announced Wednesday.

KENT, Wash. (BRAIN) — Linn Kastan, the founder of the Redline BMX brand in the 1970s, is collaborating with the brand once again to produce a limited edition replica bike and launch a microsite devoted to Redline's history and Kastan's contributions.

WILTON, Conn. (BRAIN) — Cannondale issued a safety notice about the front fender and hardware on its Canvas Neo 1 and Canvas Neo 2 bicycles after receiving reports that the assembly can become detached.

OLATHE, Kan. (BRAIN) — Led by growth in fitness, outdoor, and marine, Garmin Ltd. revenue increased 19% year-over-year for the third quarter.

OSAKA, Japan (BRAIN) — Shimano Inc. sales in its bicycle segment were down in the first nine months of 2020, but the company has revised up its full-year earnings and revenue projections due to greater use of bicycles globally during the COVID-19 pandemic.

MILWAUKEE (BRAIN) — Harley-Davidson, which has been eyeing the e-bike market for several years, announced Tuesday that it will create a dedicated e-bike division launching in March 2021.
The Serial 1 Cycle Company is named for the nickname of Harley's first motorcycle model, "Serial Number 1."
Some shops have closed, and others are thinking about it. At first, I wondered, why? Haven’t we been in a bike boom? Then I started talking to the shops that are thriving to see what they are doing differently.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.

Editor's note: For a feature in Bicycle Retailer & Industry News, Retail Editor Ray Keener spoke with 14 leaders on the supplier side of the industry. Ray spoke with leaders of major bike brands, component suppliers, e-bike startups, accessory makers and more.