News
SOUTH KINGSTOWN, R.I. (BRAIN) — A man is suing Shimano North America and Trek Bicycle for $2 million in damages after his bike's Shimano V-brake lever impaled his thigh during a fall on a bike path.
Industry attorney Steven Hansen reminds the industry that comments are due Tuesday as the CPSC makes rule changes to require online test data reporting upon product importation. However, e-bike batteries would not be included because they don't yet have a CPSC test standard.
ANOKA, Minn. (BRAIN) — Revelyst, the division of Vista Outdoor that contains its bicycle-related brands, is closing offices in four communities as it consolidates its related brands into three groups.
SAN FRANCISCO (BRAIN) — Early adopters of Apple's Vision Pro headset — which went on sale Friday starting at $3,499 — will be able to browse bikes and other sports gear on a special Decathlon shopping app.
ALBANY, N.Y. (BRAIN) — A month after saying she would propose a state-wide ban on the sale of uncertified lithium-ion batteries, New York Gov.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission on Thursday issued a recall notice for some SRAM 12-speed shift/brake levers.
WASHINGTON (BRAIN) — Flat River Group kids' bikes are being recalled because they don't meet several U.S. safety standards.
WASHINGTON (BRAIN) — Box Components is recalling its BMX Race Box One Oversized 31.8 Delta stems because the faceplate can crack and break.
HELSINKI (BRAIN) — Enve Composites owner Amer Sports did not meet pricing expectations for its initial public offering over analysts' concerns with its Chinese parent company Anta Sports Products.
ANOKA, Minn. (BRAIN) — Sales in Vista Outdoor's Revelyst business unit — formerly its Outdoor Products segment — decreased 10% in the company's fiscal third quarter, which ended Dec. 24. Revelyst contains bike industry brands Giro, Bell, Fox Racing, QuietKat and others.
HEERENVEEN, Netherlands (BRAIN) — Accell Group plans to combine its two manufacturing facilities here and move a portion of production to other European sites, leading to a workforce reduction of 100 to 150 jobs.
BOULDER, Colo. (BRAIN) — For our January magazine edition, we introduce our 2024 State of Retail panelists and their shops, representing a variety of bicycle businesses in nine U.S. states.
SEATTLE (BRAIN) — REI is laying off 357 employees as the cooperative braces for a challenging year. CEO Eric Artz told employees the news on Thursday.
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