News

SANTA FE, N.M. (BRAIN) — The annual bicycle-inspired food drive known as Cranksgiving will have fewer events this year as a result of the COVID-19 pandemic. Just over 50 events are scheduled in North America, compared to a record 112 last year with more than one million meals provided.

As much of Europe hunkers down as it struggles with a hard-hitting second wave of the coronavirus, in cities like Paris, bike shops are a playing key role in keeping the metropolis alive and moving.

BROOKLYN, N.Y. (BRAIN) — Like most retailers, Joe Nocella has had his hands full with navigating the COVID-19 pandemic and the sales and service boom that began earlier this year.

VICTOR, Idaho (BRAIN) — New research suggests youth cycling will continue to be a bright spot post-pandemic.

BOULDER, Colo. (BRAIN) — Pocket Outdoor Media is expanding deeper into bicycle media and adding scale to its Active Pass membership by hiring five Bike magazine editors who were furloughed this fall. The crew will lead the effort to launch a new mountain bike title in 2021.

TAIPEI, Taiwan (BRAIN) — Merida, one of the largest bike makers in Taiwan and a significant investor in Specialized, posted third-quarter revenues of NT$7.3 billion ($256 million), down slightly from the NT$7.8 billion the manufacturer generated in the same quarter last year.
WASHINGTON (BRAIN) — The Senate has passed a bill that would award the Congressional Gold Medal to three-time Tour de France winner Greg LeMond. The bill, which now goes to the president's desk to be signed, would make LeMond the tenth individual athlete to receive the medal.

MILWAUKEE (BRAIN) — Harley-Davidson's e-bike division released pre-order pricing for its four models, three of which will be available in the spring of 2021.

MONTEREY, Calif. (BRAIN) — The Sea Otter Classic plans to hold its event about a month later than usual next year, announcing 2021 dates of May 20-23.

SRAM’s recent patent application for an “Electronic Cable Puller” points to the increased integration of bikes and batteries. But it also might lead to some conflict between SRAM and two companies offering products using similar technology.

MONTRÉAL (BRAIN) — Dorel Industries has agreed to a buy-out offer from a group backed by Cerberus Capital led by a family group that includes CEO Martin Schwartz and other current Dorel executives.

ALLENTOWN, Pa. (BRAIN) — A federal judge dismissed a suit Olympic medalist Marty Nothstein had filed against USA Cycling. The suit stemmed from sexual misconduct allegations — later found to be false — that emerged after Nothstein announced his candidacy for the U.S. House in 2018.