News

Posted May 19, 2025

STAVANGER, Norway (BRAIN) — Norwegian urban mobility brand Podbike filed for bankruptcy Friday, citing financial hurdles including increasing production costs, supply chain disruptions, and a stagnant global economy.

Posted May 15, 2025

DURANGO, Colo. (BRAIN) — Abra-Cadabra Fabrication, parent of the Sanitas Cycles brand, has acquired the Waterford and Gunnar brands from Richard Schwinn. The company will resume production of those brands this year at its facility in Durango. 

Posted May 14, 2025

TAIPEI, Taiwan (BRAIN) — Ideal Bike and Merida Industries, two Taiwan-based bike manufacturers, have filed their first-quarter earnings reports with the Taipei stock exchange. 

Posted May 14, 2025

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation revenue in the first quarter increased 45% year-over-year driven by a 101% rise in helmet revenue during the period.

Posted May 13, 2025

TAICHUNG, Taiwan (BRAIN) — Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year. 

Posted May 13, 2025
Diana Freeman.

BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What resources do you invest in social media? What are your expectations for performance and how do you measure effectiveness?

Posted May 12, 2025

SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the first quarter declined 14% year-over-year despite the company reducing operating expenses during the period.

Posted May 12, 2025

One thing is certain: In the emerging market reality, "Business As Usual" definitely won't be.

Posted May 9, 2025

MONTREAL (BRAIN)  — Four Quebec-based entrepreneurs have acquired the Rocky Mountain bike brand assets, following the brand's court-supervised re-organization that began last year. 

Posted May 9, 2025

DULUTH, Ga. (BRAIN) — Fox Factory saw first-quarter year-over-year sales growth across its three divisions, including a 6.6% increase in sales in its Speciality Sports Group, which contains its bicycle and baseball/softball brands. Company-wide the growth exceeded estimates.

Posted May 9, 2025

WASHINGTON (BRAIN) — President Donald Trump is attempting to fire the three Democratic Consumer Product Safety Commissioners after they objected to staff firings at the agency.

Posted May 9, 2025

SEATTLE (BRAIN) — REI Co-op net sales for 2024 declined 6.2% year-over-year with new CEO Mary Beth Laughton acknowledging a challenging marketplace "and yet I remain hopeful."

Posted May 8, 2025

(BRAIN) — Halfway into the Trump administration's 90-day grace period, U.S. retailers and suppliers are grappling with how to account for their increased import costs.

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