News
SANTA FE, N.M. (BRAIN) — More state and local officials are declaring bike shops "essential" businesses that can stay open despite shut-down orders due to the COVID-19 pandemic. However, several jurisdictions have reversed course in what is a constantly changing landscape across the country.
GRAND JUNCTION, Colo. (BRAIN) — While officials in many regions are restricting travel and other activities due to the COVID-19 pandemic, some are questioning the legality of some orders that affect outdoor activities on public lands.
NEW YORK (BRAIN) — Advance, the owner of Condé Nast and other media properties, has entered a definitive stock purchase agreement with Wanda Sports Group Company Limited to buy The Ironman Group.
NEW YORK (BRAIN) — As part of its LyftUp initiative, Lyft will provide free access to its bike-share programs in three metropolitan cities for health-care workers during the COVID-19 pandemic.
CAPE TOWN, South Africa (BRAIN) — Protective gear manufacturer Leatt Corp. recorded a 16% increase in revenue for 2019 and a fourth-quarter rise of 32% year-over-year in financial results released through Dec. 31, 2019.
HEERENVEEN, Netherlands (BRAIN) — Accell Group said it has withdrawn a proposed dividend of 0.30 euros ($0.33) per share as part of its response to the COVID-19 pandemic.
SAN DIEGO (BRAIN) — De Soto Sport — makers of multisport clothing, wetsuits and accessories for triathletes — began manufacturing personal protective equipment this week, joining many other cycling and cycling clothing suppliers during the COVID-19 pandemic.
HAYWARD, Calif. (BRAIN) — Panaracer says it will honor commitments made to events this year, even if they are not held because of the COVID-19 pandemic.
The tire company was set to sponsor and/or exhibit at more than 30 events this year, in North America and Europe.
GRAND JUNCTION, Colo. (BRAIN) — Rack and accessory brand RockyMounts is shutting down its operations here due to the COVID-19 pandemic's effect on business.
KENT, Wash. (BRAIN) — REI Co-op extended the closure of its 162 stores indefinitely because of the COVID-19 pandemic.
FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike organizers said in an email Wednesday they are preparing to hold the trade show and media events leading up to it as originally planned on Sept. 2-5 despite the COVID-19 pandemic.
However, uncertainty as to when the pandemic will end could change those plans.
PITTSBURGH (BRAIN) — Dick's Sporting Goods announced in a regulatory filing the temporary reduction of base salaries for its executive officers and other salaried employees, effective March 29, in response to the ongoing COVID-19 pandemic.
TOKYO (BRAIN) — The 2020 Summer Olympics in Tokyo will be postponed due to the coronavirus pandemic.
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