News

Posted July 30, 2018

We should consider charging a consulting fee that is relevant and fair but should also be disclosed up front.

Posted July 30, 2018

WALNUT CREEK, Calif. (BRAIN) — Dave Bertram, who became CEO of Troy Lee Designs in late 2016, has resigned for personal reasons, the company announced.

Posted July 30, 2018
Company says its STEPS E8000 e-MTB drive unit has been well received; says March's factory fire cost 1.6 billion yen — almost $20 million.

OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday. 

Posted July 27, 2018

MINNEAPOLIS (BRAIN) — Norwest Equity Partners, a middle-market investment firm founded in 1961, has made an investment in Atlanta-based Wahoo Fitness. The transaction closed on June 30; financial terms were not disclosed, but NEP said the investment was "significant."

Posted July 27, 2018

PORTLAND, Ore. (BRAIN) — Portland Design Works has hired RoseMary Sindt as marketing manager, developing and managing PDW's marketing, event and sponsorship initiatives. She started in the position July 1.

Posted July 27, 2018
Win Allen at the 2016 Mechanics Challenge.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has opened registration for the third annual Mechanics Challenge presented by Park Tool.

The event will take place on the Interbike show floor with qualifying heats on Sept. 18-19 and the semi-final and final rounds held from 2-5 p.m. on Sept. 19.

Posted July 27, 2018

Anyone who operates a business within the bike industry knows how challenging things are today. My suggestion is to approach these challenges by viewing your business as a wheel.

Posted July 26, 2018

WASHINGTON (BRAIN) — Two members of the U.S. e-bike industry testified Wednesday in opposition to the Trump adminstration's proposed 25 percent tariff on e-bikes from China.

Posted July 26, 2018

BOULDER, Colo. (BRAIN) — PeopleForBikes will conduct a free half-hour webinar on proposed U.S. tariffs on Friday.

Posted July 26, 2018

WATERLOO, Wis. (BRAIN) — Trek Bicycle is recalling about 10,000 Bontrager Lin Pro flat pedal because the pedal spindles can break.

The U.S. Consumer Product Safety Commission said Trek has received five reports from consumers of broken spindles. No injuries have been reported.

Posted July 26, 2018

COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has named Jeff Pierce director of elite athletics, road and track — overseeing road and track cycling programs from the development level through the USAC National Team.

Posted July 26, 2018

PORTLAND, Ore. (BRAIN) — Velo Cult, the Portland retailer and popular gathering place for the local cycling community, is closing to focus on online sales of its own branded products and soft goods.

Posted July 26, 2018

GOLDEN, Colo. (BRAIN) — Yeti Cycles has hired Kristi Jackson as the director of marketing. Jackson will lead all marketing initiatives at Yeti.

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