News

FREEPORT, N.Y. (BRAIN) — The U.S. bike industry has largely become an importing industry, but some remaining U.S. manufacturers said they welcome the recent tariff increase on Chinese imports.

WASHINGTON (BRAIN) — It will take just a few short weeks before the U.S. bike market sees significant wholesale and retail price increases on bikes, parts and accessories due to the long-delayed 25% tariff on Chinese imports, which finally took effect Friday morning.

MONTRÉAL (BRAIN) — Dorel Industries saw sales growth in the specialty bicycle market in the first fiscal quarter this year, the company reported Friday. Dorel's Cycling Sports Group offers the Cannondale and GT brands in the IBD market.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Darrell Denny is departing Emerald Expositions, where he has been an executive vice president overseeing the company's sports and e-commerce trade shows, including Outdoor Retailer and Interbike. Denny's last day at the company will be May 24.
ANOKA, Minn. (BRAIN) — Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses.

DAYTON, Ohio (BRAIN) — Bill Smith, the recently retired president and CEO of Huffy Corp., has died, the company has confirmed.
WASHINGTON (BRAIN) —If nothing changes very soon, a 25% tariff will hit most bike products imported to the US from China, starting at 12:05 a.m. Friday.
One bike importer said he’s already seeing the extra fees appear on documents for shipments arriving next week.

SHANGHAI, China (BRAIN) — At the China Cycle show being held here this week, the folding bike brand Dahon has announced an expanded initiative to license some of its intellectual property to other bike makers.
DURANGO, Colo. (BRAIN) — In the latest Channel Mastery podcast series devoted to change in the bike industry, host Kristin Carpenter is joined by Ashley Korenblat, the founder of Outerbike.

NILES, Ill. (BRAIN) — Frank Peter Brilando, a designer and engineer with Schwinn Bicycles for four decades and a two-time cycling Olympian, died Sunday in Niles, Illinois.
SEATTLE (BRAIN) — REI Co-op has named Eric Artz its president and CEO, effective immediately. Artz has been serving as interim CEO since February, when he took over after the resignation of Jerry Stritzke.

COCHRANE, Alberta (BRAIN) – Cycling power meter and heart-rate monitor company 4iiii Innovations Inc. expanded its performance-measuring portfolio with the acquisition of STAC Performance indoor trainers.