News

LAS VEGAS (BRAIN) — Panasonic, an e-bike pioneer that has been on the sidelines of the mid-drive motor boom, is making a new bid for market relevance by announcing a partnership with Kent International.

DETROIT (BRAIN) — General Motors is now accepting preorders in three European countries for its new e-bike line. The company also announced the results of its crowdfunding contest to give the bikes a brand name; the new name is ARĪV. The ARĪV line includes two models.
SCHAUMBURG, Ill. (BRAIN) — The Chicagoland Area Bicycle Dealers Association will continue to expand its reach far from the shores of Lake Michigan in the next 12 months.
CABDA's Midwest show closed Thursday and organizers announced two new venues for its next season.
BROOKLYN, N.Y. (BRAIN) — Industry associations continue to lobby against the 25 percent tariffs imposed on Chinese-made electric bikes and motors. But many suppliers and retailers say most premium brands typically sold at IBDs are not affected, since these bikes don’t come from China.
The president of Trek disputes the idea that industry lacks leadership and vision.

MIAMI (BRAIN) — Ben Joannou Jr., the co-CEO of distributor J&B Importers, died early Thursday after suffering cardiac arrest. He was 60.
BOULDER, Colo. (BRAIN) — Between VeloNews, Bicycle Retailer & Industry News and other media brands owned by Pocket Outdoor Media, April's Sea Otter Guide will reach the widest consumer and trade audience ever via print and online delivery.

CHINO, Calif. (BRAIN) — A GoFundMe campaign has been established to help with the medical expenses of InCycle Bicycles store manager Megan Rodriguez, who was run over by a pickup truck attempting to stop thieves from making off with a high-end bike this week.
BATH, England (BRAIN) — U.K.-based publisher Future plc. has announced plans to buy CyclingNews.com and Procycling magazine from Immediate Media Co.

SCHAUMBURG, Ill. (BRAIN)— As the CABDA Midwest trade show opened here Wednesday, BRAIN's intrepid reporter Ray Keener chatted up the attending retailers, asking about their hopes and fears for the 2019 season.
SEATTLE (BRAIN) — REI president and CEO Jerry Stritzke has resigned following an investigation into a personal relationship between him and the leader of another entity in the outdoor industry.
SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin Ltd. announced Tuesday that it has reached a deal to acquire Dutch indoor smart trainer company Tacx. The deal is expected to close during the second quarter of 2019. The terms of the deal will not be disclosed, Garmin stated.
OSAKA, Japan (BRAIN) — Shimano is reporting a similar scenario as the rest of the industry: sales of complete bikes in North America declined last year in units, but increased in dollars thanks to a shift to more expensive models, including e-bikes.