News
WASHINGTON (BRAIN) — President Donald Trump on Tuesday signed into law the Great American Outdoors Act that will provide millions of dollars annually for trail maintenance and creation on federal lands.
GENEVA (BRAIN) — The International Organization for Standardization published its 10th specification for e-bike manufacturing safety, this one addressing requirements and testing methods for motors and electrical systems.
This is a challenging time for all of us. As more and more events go virtual, trade shows are canceled and travel within our industry at a standstill, I am concerned about the depth of connection within our industry and to our customers.
STEAMBOAT SPRINGS, Colo. (BRAIN) — Former Smartwool executive and SBT GRVL co-founder Mark Satkiewicz died of suspected cardiac causes while cycling near his home on Saturday. He was 52.
The Japanese industrial giant Yamaha may not yet be a prominent name in U.S. retail shops, but the company’s patent filings suggest strong interest in the e-bike market here.
WASHINGTON, D.C. (BRAIN) — Many importers of Chinese bike products will see costs increase by 25% as tariff exclusions are expected to expire August 7.
BRAIN spoke with Life Time's Kimo Seymour about the acquisition announced Tuesday.
ARCATA, Calif. (BRAIN) — At least 15 bike shops in California have received emails and letters from a law firm threatening suits over their websites' compliance with the Americans with Disabilities Act and a California statute.
LAKE OSWEGO, Ore. (BRAIN) — Richard Everett, founder of Kool Stop International who led a quiet revolution in the manufacturing of rim brake pads, has died. Gene Smith, Everett's partner for more than 40 years, said the 76-year-old entrepreneur's "... heart simply gave out."
OLATHE, Kan. (BRAIN) — Garmin Ltd. reported a 9% year-over-year revenue decrease in the second quarter, but gains in the fitness sector helped mitigate the losses.
POMPANO, Fla. (BRAIN) — Stradalli Cycle, primarily a consumer-direct brand, is for sale.
OSAKA, Japan (BRAIN) — Shimano reported Tuesday that its first-half sales in its bicycle products division were down 14.6% from the same period last year, to 123 billion yen ($1.2 billion); operating income in the segment was down 19.7%.
BOULDER, Colo. (BRAIN) — While year-over-year IBD bicycle sales through May have grown by 30% and other categories also have seen increases, apparel sales declined by 10%, according to the NPD Group. Industry suppliers and retailers revealed a multitude of factors in this decline, while some have found creative ways to buck the trend.
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