News
OLATHE, Kan. (BRAIN) — Gary Burrell, who co-founded Garmin Ltd. with Dr. Min Kao in 1989, died June 12 at age 81, the company announced.
Burrell retired in 2002 and continued to serve as Garmin's co-chairman until 2004 when he was named Chairman Emeritus.
A Chinese company that raised millions by launching a connected road bike with crowdfunding campaigns wound up just a few years later gone without a trace except for 800,000 abandoned share bikes.
NEW YORK (BRAIN) — Wanda Sports Group, a subsdiary of Chinese conglomerate Dalian Wanda, is hoping to raise a half a billion dollars in an intial public offering on Wall Street this year.
BOULDER, Colo. (BRAIN) — Ride Spot offers hand-picked routes in each community, chosen by local bike retailers or other organizations. The routes give beginners an on-ramp to cycling, helping the industry and retailers establish a relationship with the riders that continues after they wheel new bikes out the door. Ride Spot also has features that help bike retailers increase local riding participation, and develop — and market to — a riding community with their store as a hub.
SEATTLE (BRAIN) — Evo, an outdoor and action sports retailer with locations in Seattle, Portland, Denver and Whistler, British Columbia, is planning a 100,000 square foot retail operation in Salt Lake City, to be called Campus SLC.
LONG BEACH, Calif. (BRAIN) — Propel Bikes, a Brooklyn, New York, retailer that specializes in e-bikes, has opened its second location — this one on the opposite coast.
WASHINGTON (BRAIN) — Sen. Mike Lee has reintroduced Senate bill S. 1695, the Human-Powered Travel in Wilderness Areas Act, which would allow local managers to permit bicycles on existing trails and roads in federal Wilderness areas.
SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.
VANCOUVER, British Columbia (BRAIN) — Mobile service franchiser Velofix has hired industry veteran Donny Perry as its senior vice president of retail strategy and operations.
There are simply too many players providing similar services to a small — some would say even shrinking — market.
BRIGHTON, United Kingdom (BRAIN) — With designs that owe as much to old school BMX as the Tour de France, UK-based apparel brand Morvelo is ramping up for a go at the U.S. market. The brand established almost 10 years ago sells though some large retailers in its home market, but is looking for a different kind of store in the U.S.
Tariffs, Trade and angst: Our much beloved industry finds itself in a pickle and we have company. The Trumpistas have declared tit-for-tat tariffs are good for America and from all indicators — at least at the moment — American consumers and our pusillanimous political class seem to care less.
PETALUMA, Calif. (BRAIN) — Framebuilder, innovator and industry gadfly Bruce Gordon was found dead Friday morning at his home in Petaluma, according to friends.
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