News
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.
DENVER (BRAIN) — A Colorado business is offering short term rentals of fully outfitted overlanding vehicles for visitors and locals who want to go offroad camping with all the toys, including bikes.
NASHUA, N.H. (BRAIN) — Industry sources tell BRAIN that Brad Hill, owner of the three-store New Hampshire chain Goodale's, is about to sell the business to Trek Bicycles. Hill told BRAIN Thursday that he would have no comment.
HEERENVEEN, Netherlands (BRAIN) — Accell Group saw sales growth of 53.1% in June, helping the Dutch bike company record a first-half sales increase of 4% despite European retail shutdowns in March and April.
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.
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.
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.
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?”
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.
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.
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.
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.
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.
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