News
WASHINGTON (BRAIN) — The Consumer Product Safety Commission on Thursday issued a recall notice for some SRAM 12-speed shift/brake levers.
WASHINGTON (BRAIN) — Flat River Group kids' bikes are being recalled because they don't meet several U.S. safety standards.
WASHINGTON (BRAIN) — Box Components is recalling its BMX Race Box One Oversized 31.8 Delta stems because the faceplate can crack and break.
HELSINKI (BRAIN) — Enve Composites owner Amer Sports did not meet pricing expectations for its initial public offering over analysts' concerns with its Chinese parent company Anta Sports Products.
ANOKA, Minn. (BRAIN) — Sales in Vista Outdoor's Revelyst business unit — formerly its Outdoor Products segment — decreased 10% in the company's fiscal third quarter, which ended Dec. 24. Revelyst contains bike industry brands Giro, Bell, Fox Racing, QuietKat and others.
HEERENVEEN, Netherlands (BRAIN) — Accell Group plans to combine its two manufacturing facilities here and move a portion of production to other European sites, leading to a workforce reduction of 100 to 150 jobs.
BOULDER, Colo. (BRAIN) — For our January magazine edition, we introduce our 2024 State of Retail panelists and their shops, representing a variety of bicycle businesses in nine U.S. states.
SEATTLE (BRAIN) — REI is laying off 357 employees as the cooperative braces for a challenging year. CEO Eric Artz told employees the news on Thursday.
SANTA CRUZ, Calif. (BRAIN) — Joe Graney will step down as Santa Cruz Bicycles' CEO to spend more time with his family, a Santa Cruz spokesperson said.
WASHINGTON (BRAIN) — Pacific Cycle is recalling two e-bike models because the wiring harness that manages the lithium-ion battery charging was improperly assembled and can overheat and catch fire.
PHILADELPHIA (BRAIN) — The Philly Bike Expo has moved from its traditional fall dates to spring, but organizers said it will remain a meeting place for handmade builders as well as cycling enthusiasts.
ZURICH (BRAIN) — Brands looking to add some Swiss precision to their bike products are looking to 9T Labs, a 5-year-old continuous fiber composite manufacturer. The brand might be a common sight on some high-end bikes and parts from major brands in the coming seasons.
BROOKLYN, N.Y. (BRAIN) — The high-end brick-and-mortar and online retail giant R&A Cycles, in business since 1976, is opening its third location. And like its second location, which launched in the California Bay Area just as the pandemic began, store #3 is a long way from the R&A’s origins in Brooklyn. It’s in Coral Gables, near Miami.
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