News
NEW YORK (BRAIN) — Nearly 50 retailers have signed up to take part in the second annual Bike Shop Day, an event launched last year by Brooklyn retailer 718 Cyclery.
BOULDER, Colo. (BRAIN) — U.S. wholesalers sold 7 percent fewer bikes through the first 10 months of 2018 compared with the same period last year. But the dollar value of those bikes was up nearly 6 percent, reflecting a higher average cost per bike.
WASHINGTON, Missouri (BRAIN) — A new center that will provide a number of services for light electric vehicles, including e-bikes, is slated to open next week just outside of St. Louis.
EASTON, Pa. (BRAIN) — Genesis Bicycles will, for the fourth time, close on Friday and the store's staff will once again donate its pay for the day to The Children's Home of Easton.
ST. PAUL, Minn. (BRAIN) — For the fourth consecutive year, Park Tool is accepting applications for its Community Grant Tool Program, which is designed to help local nonprofit cycling organizations worldwide get the tools and repair products they need.
BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association and PeopleForBikes are collecting data from the industry as the groups prepare to apply for exemptions from the 25 percent tariffs on Chinese-made e-bikes and e-bike motors imposed in August.
LAKE FOREST, Ill. (BRAIN) — Tenneco Inc., a publicly traded U.S. automotive company with annual sales over $9 billion, has agreed to buy Öhlins, a Swedish suspension company that offers some bicycle products in addition to suspension for the motorsports industry.
OREFIELD, Pa. (BRAIN) — Olympic cycling medalist Marty Nothstein has conceded defeat in a special election being held to fill a vacant U.S. House seat.
CHAPEL HILL, N.C. (BRAIN) — Advanced Sport Enterprises, the 2-year-old company that is parent to the Performance Bicycle retail chain, Bike Nashbar and distributor ASI, filed for Chapter 11 bankruptcy protection Friday morning.
LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has hired Megan Tompkins as its new global marketing director.
MINNEAPOLIS (BRAIN) — Gene Oberpriller has lived or worked, or both, in the historic building in downtown Minneapolis where his shop, One on One Bicycle Studio, is located, since 1989.
SQUAMISH, British Columbia (BRAIN) — 7mesh Apparel has appointed John Zopfi to the newly created position of general manager EMEA (Europe, Middle East, Africa). He has more than two decades of experience in the outdoor apparel business.
AIMERE, Netherlands (BRAIN) — Pon Holdings, the parent company of bike brands including Santa Cruz and Cervélo, is making another bid to acquire a minority stake in Accell Group, the parent company of bike brands including Raleigh, Haibike and Diamondback.
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