News

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.

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.

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.

KOBLENZ, Germany (BRAIN) — Canyon Bicycles announced news on several fronts Tuesday.
The pandemic that has crippled the supply chain has also shown the importance of great retail staff.

MONTEREY, Calif. (BRAIN) — Sea Otter Play, a virtual event for consumers, opens Thursday with more than 100 participating companies representing 250 brands.
TAIPEI, Taiwan (BRAIN) — Organizers of next March's Taipei Cycle show have added a virtual element to the event.

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

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

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.

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.