News

Posted September 16, 2020

LONG BEACH, Calif. (BRAIN) — Zwift has raised a $450 million minority investment from a group led by the investment firm KKR, bringing the virtual cycling brand to a valuation of over $1 billion.

Posted September 16, 2020
 VanMoof raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital.

AMSTERDAM (BRAIN) — E-bike manufacturer VanMoof announced Wednesday it raised $40 million from Norwest Venture Partners, Felix Capital and Balderton Capital as it continues to expand its market share in North America, Europe, and Japan.

Posted September 16, 2020
Potter in the old store.

BOULDER, Colo. (BRAIN) — Vecchio's Bicicletteria, known globally as a picturesque retro-styled roadie hangout, is getting ready to move from the location on Boulder’s Pearl Street it has occupied since its founding in 2000.

Posted September 15, 2020
Company seeks to recapitalize as investor TSG Partners to exit.
Roman Arnold (left) with Armin Landgraf.

KOBLENZ, Germany (BRAIN) — Canyon Bicycles announced news on several fronts Tuesday.

Posted September 15, 2020

The pandemic that has crippled the supply chain has also shown the importance of great retail staff.

Posted September 15, 2020

MONTEREY, Calif. (BRAIN) — Sea Otter Play, a virtual event for consumers, opens Thursday with more than 100 participating companies representing 250 brands.

Posted September 15, 2020

TAIPEI, Taiwan (BRAIN) — Organizers of next March's Taipei Cycle show have added a virtual element to the event.

Posted September 15, 2020
MEC, which has about 5 million co-op members, will become a privately-owned company.
A MEC location in Toronto earlier this year.

VANCOUVER, British Columbia (BRAIN) — Mountain Equipment Co-op, Canada's outdoor gear co-op, has agreed to be acquired by Kingswood Capital Management, LP, a Los Angeles-based investment group.

Posted September 15, 2020

SEATTLE (BRAIN) — REI Co-op completed the sale of its new corporate office complex to Facebook for $390 million on Monday.

Posted September 15, 2020

(BRAIN) — Trek Bicycle is getting highly analytical when it comes to how bicycle rims slice through the air.

Posted September 14, 2020

BOULDER, Colo. (BRAIN) — SNEWS, a Pocket Outdoor Media title that covers the outdoor industry, is conducting its annual survey of outdoor sports retailers, including bike retailers.

Participants in the online survey are eligible to win a $500 gift card.

Posted September 14, 2020

BOULDER, Colo. (BRAIN) — Editors at Bicycle Retailer & Industry News want to share more voices from all corners of the bike industry on our website and print magazine for 2022. We publish 12 magazines a year in addition to this website and several newsletters.

Posted September 14, 2020
The new Chater-Lea crank comes in single or double chainring variations.

LONDON (BRAIN) — Chater-Lea, which began making bike components in 1890, was reborn last year after being mothballed for more than 30 years. This summer the reborn UK-based manufacturer launched a new crankset to match the pedal it introduced last year.

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