News

WASHINGTON (BRAIN) — The outdoor industry grew faster than the overall economy in 2016 and accounts for 2.2 percent of the GDP, according to updated stats from the Outdoor Recreation Satellite Account released by the U.S. Department of Commerce's Bureau of Economic Analysis.

ASOLO, Italy (BRAIN) — Selle Italia has hired business development firm Lucidity to help it expand in the U.S. market. The Italian saddle brand is opening a warehouse, and sales and marketing office in Carlsbad, California.

RENO, Nev. (BRAIN) — In light of the new 25 percent tariffs approved by President Donald Trump this week, bike industry groups are ramping up their lobbying calling for a reform of the de minimis value — the minimum value of an imported shipment that is subject to U.S.

RENO, Nev. (BRAIN) — For the first time since it began selling lugged steel custom bikes in 1994, Rivendell Bicycle Works is exhibiting at Interbike. The company, which is based in Walnut Creek, California, has historically sold mostly consumer direct, first by catalog mail order and later online.

RENO, Nev. (BRAIN) — Interbike exhibitors based in North and South Carolina said their workers and facilities largely escaped damage from Hurricane Florence. BRAIN is still trying to contact coastal retailers who may have been affected.

WASHINGTON (BRAIN) — A new bi-partisan bill introduced in the U.S. House would create a federal framework for collecting state sales taxes on online sales, as required by the U.S.