News

Posted July 24, 2020

MONTRÉAL (BRAIN) — Race Inc., a brand that dates to the early days of BMX, has a new owner who plans to return it to prominence in the sport.

Posted July 23, 2020
No charges filed as the investigation continues into the former Colorado Cyclist employee's death in police custody.
Chad Burnett died in police custody on May 24.

COLORADO SPRINGS, Colo. (BRAIN) — The death of a former Colorado Cyclist product line manager after an altercation with police was ruled a homicide by the El Paso County Coroner's Office, but no charges have been filed as the investigation continues.

Posted July 23, 2020
Randolph in a company promotional photo.

FRAMINGHAM, Mass. (BRAIN) — In the middle of a national discussion about the role of police departments in systemic racism, Brandale Randolph, a Black entrepreneur and activist, is raising money to manufacture high-tech police bikes in the United States.

Posted July 23, 2020
Kate Sage

BOULDER, Colo. (BRAIN) — For our July magazine edition, we asked our State of Retail panel members: “How has COVID-19 changed your supplier relationships? How has the communication been?”

Posted July 23, 2020
MIPS' net sales dipped 20% in the second quarter.

STOCKHOLM (BRAIN) — MIPS' net sales dipped 20% in the second quarter with the losses blamed on the COVID-19 pandemic and subsequent stay-at-home orders.

Posted July 22, 2020
The Great American Outdoors Act now goes before President Trump.

WASHINGTON (BRAIN) — The House of Representatives on Wednesday passed the Great American Outdoors Act that will provide millions of dollars annually for trail maintenance and creation on federal lands.

Posted July 22, 2020
E-bike sales will extend the 2020 bike boom, the industry says.
Photo courtesy of Shimano Steps.

SANTA CRUZ, Calif. (BRAIN) — As the industry debates whether the pandemic-driven bike boom will end with a bust as supply dwindles, or reset as the new normal for years, consider one key difference between this boom and the early 1970s edition: This time we have e-bikes.

Posted July 21, 2020

GRENOBLE, France (BRAIN) — The French investment group Bourrelier, the former owner of the Bricorama home improvement retail chain, appears to be set to take over Mavic, which is in receivership.

Posted July 21, 2020
Thule Group sales dropped 11.6% in the second quarter.

STOCKHOLM (BRAIN) — Thule Group sales dropped another 11.6% in the second quarter as the COVID-19 pandemic continued to hurt the sport and cargo carrier manufacturer.

Posted July 17, 2020
The Badger is still in the hunt. French administrators will decide on the winning bid this month.
Mavic continues to share its Annecy, France, facility with Salomon.

GRENOBLE, France (BRAIN) — Fox Factory has removed itself from the bidding to acquire Mavic SAS, which is in receivership in France. However, about 13 other groups, including several with ties to the bike industry, have expressed interest in the company.

Posted July 16, 2020
Need a Pandemic Project? Paul Brodie did.

VANCOUVER, British Columbia (BRAIN) — If you have some time on your hands while sheltering in place (and perhaps a small machine shop and a supply of steel tubing in your shelter), this might be the time to brush up on your framebuilding skills.

Posted July 16, 2020
Chad Burnett

COLORADO SPRINGS, Colo. (BRAIN) — The Colorado Springs Police Department released body camera footage of its confrontation with a former Colorado Cyclist product line manager who died while in custody on May 24.

Posted July 15, 2020

OAK RIDGE, Tenn. (BRAIN) — LeMond Bicycles LLC recently raised a bit over $2 million in a private placement investment, possibly bringing the company closer to launching a bike line using technology developed by Greg LeMond's other business, LeMond Carbon.

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