News

Posted August 21, 2020
Debbie and Chuck  Teixeira recently celebrated their 15th wedding anniversary.

SANTA CRUZ, Calif. (BRAIN) — As of Friday morning, more than 64,000 people have been evacuated because of the 50,000-acre wildfire ravaging the state. For one industry veteran, the fire was especially costly.

Posted August 21, 2020
A prototype saddle made with the new process.

ASOLO, Italy (BRAIN) — Selle Italia is releasing a new saddle line that will be manufactured in Italy using sustainable processes. The saddles can be disassembled and recycled at the end of their usable lives.

Posted August 20, 2020
Louis Garneau

SAINT-AUGUSTIN-de-DESMAURES, Québec (BRAIN) — Louis Garneau Sports, which filed for bankruptcy protection in March, is presenting a new debt-restructuring plan to its creditors. The company said it has lined up a group of investors who will help it relaunch and keep it headquartered in Québec. The company did not reveal the identity of the investors.

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%.

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