News
CHATTANOOGA, Tenn. (BRAIN) — American Bicycle Group, best known for its Litespeed and Quintana Roo brands, is changing the name of another of its brands due to a previously unknown connection to 1920 lynching.
BOULDER, Colo. (BRAIN) — For our June magazine edition, we asked our State of Retail panel members: How has COVID-19 changed your supplier relationships? How has the communication been?
DETROIT (BRAIN) — Detroit Bikes is releasing a new e-bike called the E-Sparrow, a $900 commuter based on its popular Sparrow model. The company's first e-bike, the E-Sparrow features a 36V/250W Bafang rear hub motor.
BETHEL, Conn. (BRAIN) — Dorel Industries, which owns Cannondale, Schwinn, GT, and other brands, is re-launching its Charge brand in the U.S., with a line of affordable e-bikes to be sold online and through bike shops.
TACOMA, Wash. (BRAIN) — While retailers scramble, wait and hope for the replenishment of popular-priced bikes, accessory supplies in similar low-tech, low-priced categories aren’t much better.
Editor's note: the voluntary recall, announced June 19, 2020, was announced as an official recall with the US Consumer Product Safety Commission and Healthy Canadians on July 16, 2020.
HINCKLEY, United Kingdom (BRAIN) — The British motorcycle brand Triumph is releasing its first e-bike, an aluminum-frame model that will retail for about $3,750.
WINTER PARK, Colo. (BRAIN) — Evil Bikes is offering bike demos in this mountain bike destination town this summer, at an unusual but fitting venue: a craft brewery's tap room.
BRASELTON, Ga. (BRAIN) — Fox Factory Holding Corp. has priced a new common stock offering at $76 per share, which could generate as much as $182.4 million before commissions and other expenses. Fox plans to close on the offering of 2.4 million shares on June 22.
PORT WASHINGTON, N.Y. (BRAIN) — U.S. cycling sales through all retail channels grew 75% in April to a total of about $1 billion in retail sales for the month, according to The NPD Group.
HILDEBRAN, N.C. (BRAIN) — Shane Cooper, the founder of the DeFeet cycling sock company, was visiting with George W. Bush one day when the former president took him in to meet his mother.
"He said, 'Mom! This is Shane, he started a company that makes socks out of recycled plastic. Ain't that the world's best-kept secret?" according to Cooper's recollection.
It was an epic namedrop by Cooper, a great storyteller, and we repeat it to make a point.
It's amazing how much has changed in just one year.
PITTSBURGH (BRAIN) — Dick's Sporting Goods restored salaries and ended furloughs for employees after stores closed because of the COVID-19 pandemic.
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