News
GIVISIEZ, Switzerland (BRAIN) — Industry veteran Beat Zaugg, who has been an owner of Scott Sports since 1998, says he remains the brand's CEO, a minority shareholder and chairman of its parent company board, despite a news release Friday saying that the board had fired him.

GIVISIEZ, Switzerland (BRAIN) — Scott Sports Board of Directors replaced CEO Beat Zaugg "to refresh Scott's development to become a world-class manufacturer in bikes and other outdoor sport categories."

KATY, Texas (BRAIN) — Academy Sports + Outdoors will continue to expand its footprint this year by opening 15 to 17 new stores, with one in Knightdale, North Carolina, already up and running last week and another in Greenwood, Indiana, scheduled for April.

TUCSON, Ariz. (BRAIN) — As the supplier community gathers in Tucson this week for the Bicycle Leadership Conference, two independent retailers are adding to the attendance of about 275.

OBERWANGEN, Switzerland (BRAIN) — MyStromer AG and Revolt Zycling AG settled a patent infringement lawsuit with the latter signing a cease-and-desist order and agreeing to pay a confidential settlement amount.

AMES, Iowa (BRAIN) — As the German distributor Messingschlager pulls back from the U.S. market, industry veteran Nyle Nims has relaunched his 3PL business in Iowa, now called Cycle Source Logistics. CSL provides third-party logistics services to clients in and outside of the bike industry.

DELTA, British Columbia (BRAIN) — A 40-foot shipping container with 150 Biktrix e-bikes valued at more than $500,000 — including some 2025 prototypes — was stolen from a warehouse here during the early morning hours of March 19.
SHIREBROOK, England (BRAIN) — The Wiggle and Chain Reaction Cycles e-commerce websites will relaunch in the United Kingdom after Frasers Group acquired them and their house brands, including Nukeproof and Vitus Bikes.

NEWARK, N.J. (BRAIN) — Samuel J. Mancini is scheduled to report to the U. S. Bureau of Prisons in Colorado on Tuesday, April 2.

BOULDER, Colo. (BRAIN) — Industry group PeopleForBikes will work on a "comprehensive comment" in support of the Consumer Product Safety Commission's decision to address e-bike injury risks with new federal rules.

(BRAIN) — Hayes Performance Systems' new Manitou Mattoc Pro Limited Edition fork borrows its look from Manitou's 1992 fork in a modern version with 34mm stanchions for 29-inch wheels.

NEW YORK (BRAIN) — New York-based retailer Rubber N' Road has opened a new pop-up store in Palma de Mallorca, Spain, for the second year.
The store will be open from March 15 through May 15 and plans to host rides and events as well as showcasing the store's latest products.