News

Posted August 19, 2020

PORT WASHINGTON, N.Y. (BRAIN) — Perhaps because of the lack of supply of lower-priced bikes, retailers saw a bump in sales of $1,000-plus bikes in June, contributing to a 63% year-over-year growth in bike sales that month, according to the NPD Group.

Posted August 19, 2020
Mike Olson, owner Trek Superstore and Bike Gallery.

BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: “How will you tackle your 2021 preseason ordering? What information and programs are suppliers offering?”

Posted August 18, 2020

MADISON, Wis. (BRAIN) — Trek Bicycle has announced a new partnership with Bike Exchange, an online marketplace. The deal will allow North American Trek dealers to showcase and sell some Trek products online through the BikeExchange.com platform.

Posted August 18, 2020

CRESTED BUTTE, Colo. (BRAIN) — TerraQuest’s killer feature is the ability to offer riders turn-by-turn audible directions, even on trails and offline.

Posted August 17, 2020

The opinion in a recent ruling against Amazon lays out the entire basis of product liability in California and how Amazon’s attempt to shield itself from liability was really a smoke screen for its true role in the chain of distribution.

Posted August 17, 2020

JOHANNESBURG, South Africa (BRAIN) — Stuart Blyth developed Hubtiger to tie cyclists with bike shops and clubs in one mobile and desktop platform package.

Posted August 14, 2020

ASBURY PARK, N.J. (BRAIN) — Elizabeth Giaquinto was the industry's first female outside rep and has been serving Bianchi for the last 32 years in the New York and New Jersey area.

Posted August 13, 2020
The recalled Ripper MIPS Jr. model.

WASHINGTON (BRAIN) — The Consumer Product Safety Commission is recalling three Active Brand AS Sweet Protection bicycle helmet models because they do not comply with U.S. safety standards and pose a risk of head injury.

Posted August 13, 2020
Earnings per share hit company record.

TAICHUNG, Taiwan (BRAIN) — Giant Group's second-quarter sales were NT$19.7 billion ($669.7 million) and its earnings per share were NT$4.06, a company record high.

Posted August 13, 2020
Leatt Corp. continued its record-setting financial year.

CAPE TOWN, South Africa (BRAIN) — Leatt Corp. continued its record-setting financial year with second-quarter revenue increasing 32% year-over-year with net income spiking 815%.

Posted August 13, 2020
The crew at SpokeWorks.

SUMMERVILLE, S.C. (BRAIN) — Sometime about nine months or a year after the start of the pandemic in the U.S., a new generation of bike shops will be born, their conception inspired by the 2020 bike boom.

Posted August 12, 2020
REI Co-op will put its new corporate office up for sale.

SEATTLE (BRAIN) — REI Co-op will sell its newly completed corporate office in Bellevue, Washington, and intends to transition to regional locations while giving employees more remote working options.

Posted August 12, 2020
The summer of pre-love.

HATTIESBURG, Miss. (BRAIN) — This could be shaping up as the summer of pre-love — that is, sales of “pre-loved” bicycles, as retailer James Moore likes to call them.

Pages