News

Posted January 24, 2019

MEMPHIS, Tenn. (BRAIN) — Clark Butcher, owner of neighboring Memphis shops Victory Bicycle Studio and Pedaltown Bicycles, is removing the wall between the two stores and combining them under the Victory name.

Posted January 23, 2019

BIG BEAR LAKE, Calif. (BRAIN) — Two children of innovative bike designer Dan Hanebrink, who died of natural causes in late December at age 80, are continuing to serve Hanebrink Bikes' existing customers.

Posted January 23, 2019
Sales hearing is continued until next week after Head says $9 million in cash should be included in the sale. A bid by Ideal Bike might get another chance.

CHAPEL HILL, N.C. (BRAIN) — Head's bid to buy the assets of Advanced Sports Enterprises has become "problematic," in the words of one of ASE's attorneys, or "a gosh awful mess," in the words of the bankruptcy judge.

Posted January 22, 2019

STEINHAUSEN, Switzerland (BRAIN) — Skins, an Australia-born brand that made its mark with compression clothing, has filed for bankruptcy in Switzerland.

Posted January 22, 2019

SACRAMENTO, Calif. (BRAIN) — The North American Handmade Bicycle Show is adding a trade element to its event. This year the show will grant retail buyers early access to the show each of its three days.

Posted January 22, 2019
At last week's auction, a group led by Ideal Bike outbid Head Sports for ASE's assets by $1 million. But ASE said Head's bid was best, and charged that Ideal had sold Fuji and Kestrel bikes last month in violation of a court order.

CHAPEL HILL, N.C. (BRAIN) — Two sales hearings, scheduled for Tuesday morning here for the assets of Advanced Sports Enterprises, have been continued to Feb. 1.

Posted January 21, 2019

In Part One of this series, I discussed how the US bicycle business got to where it is today. In this section, we explore what that evolution means for the business mechanics of our industry.

Posted January 18, 2019
The duties, effective Saturday, range from 18.8 to 79.3 percent.

BRUSSELS (BRAIN) — As expected, the European Union has imposed duties on Chinese-made electric bicycles and e-bike components destined for the European Union.

Posted January 18, 2019
Specialized announced its recall on Twitter.

WASHINGTON (BRAIN) — The partial federal government shutdown means that at least two active industry recalls have not yet been announced by the U.S. Consumer Product Safety Commission, although the companies responsible have issued recalls on their own and with government agencies in other countries.

Posted January 17, 2019
Spoiler: "E-bikes, lots of e-bikes."

DEL MAR, Calif. (BRAIN) — On the second and final day of the inaugural CABDA West trade show, BRAIN contributor Ray Keener asked retailers, "What's in store for 2019?"

Posted January 17, 2019

DEL MAR, Calif. (BRAIN) — Emerald Expositions, which announced last month that it was canceling its 2019 Interbike Expo, is talking to industry members about two options for a revived bike trade show as soon as this year.

Posted January 17, 2019

DURHAM, N.C. (BRAIN) — At a bankruptcy auction Wednesday, Head Sport — a European sports company best known for its skis and tennis rackets — agreed to purchase most of the assets of Advanced Sports Enterprises for about $22 million. The agreement is subject to court approval later this month.

Posted January 17, 2019
UPDATED: Corrects retail attendance figure

Editor’s note: The retail attendance figure originally supplied to BRAIN was for non-exhibiting attendees on the expo’s first day. That total includes media as well as companies that did not have booth space at CABDA West.

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