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NEW YORK (BRAIN) — Uber's upcoming IPO will likely start out with shares being offered at $44 to $50, which would raise $8 billion to $10 billion and value the ride-hailing company at $80 billion to $90 billion, according a report by Bloomberg.
BOULDER, Colo. (BRAIN) — The final hurdle has been crossed — a majority of the members of the Bicycle Product Suppliers Association have voted to approve their organization's merger with PeopleForBikes.
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BRAIN interviews the founder of a company making an unusual saddle that bike shops say fills a niche.
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CHATTANOOGA, Tenn. (BRAIN) — American Bicycle Group, the parent of the Quintana Roo, Litespeed, and Remot bike brands, has announced "a strategic alliance" with HED Cycling to co-develop a HED wheelset specific for Quintana Roo's disc brake bikes.
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BOULDER, Colo. (BRAIN) — VeloNews will distribute its 2019 Tour de France Guide to 142,000 readers.
![The store's Citroën is a fan favorite. The store's Citroën is a fan favorite.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/IMG_3486.jpg?itok=2CqlezIJ)
Decathlon has adopted its business model to work in 48 wildly different countries on five continents in some 1,600 stores — but is just starting in the U.S. With global bike sales estimated at $2.2 billion in 2018, it is arguably the world's largest bicycle retailer on a revenue-basis, moving some 4.5 million bikes annually, and outfitting more cyclists in its private-label bike clothing than any other brand.
![Decathlon USA COO Sophie O'Kelly de Gallagh Decathlon USA COO Sophie O'Kelly de Gallagh](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/DSC_4611%20%281%29.jpg?itok=fX5ABHuS)
Podcast host Kristin Carpenter talks with Sophie O'Kelly de Gallagh about the U.S. launch for the giant France-based retailer.
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SRAM already has a fleet of power meter options with its Quarq brand, so why purchase PowerTap? The answer lies in its pedal-based power meter technology.
BOULDER, Colo. (BRAIN) — Wholesale bike sales overall were nearly flat in March compared to last year in dollars, and down slightly in units. The month's results capped a first quarter that saw a 20 percent decline in bike units sold in to retailers, according to the Bicycle Product Suppliers Association's Sell-in Report.
PHILADELPHIA — (BRAIN) Joe Wentzell didn’t know it at the time, but his ambition to participate in triathlons would play a role in helping save a woman’s life.
IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association's new program, P2 Launch, is being positioned as an entry-level version of the dealer organization's Profitability Project (P2), a peer-to-peer program intended to help retailers increase profitability.
OSAKA, Japan (BRAIN) — High-end bike sales in North America and e-bike sales in Europe helped drive sales increase. Losses from a March 2018 factory fire remain significant, however.