News

HELSINKI (BRAIN) — Amer Sports, parent company of ENVE Composites and other outdoor brands, officially announced the filing of a U.S. initial public offering.

GREENVILLE, S.C. (BRAIN) — After producing alloy rims about 15 minutes away from the Boyd Cycling facility since May, Boyd Johnson is convinced that U.S. domestic manufacturing is gaining momentum as 2024 begins.

WASHINGTON (BRAIN) — Aventon is recalling about 2,300 Class 2 Sinch.2 folding e-bikes because they can accelerate unexpectedly, posing a crash and injury hazard.

WASHINGTON (BRAIN) — Bell Sports recalled its Slope adult helmets because the strap anchor can dislodge from the helmet, failing to protect in the event of a crash.

NANTES, France (BRAIN) — E-bike connective solutions company Velco has entered the U.S. market and will supply its technology to three brands in 2024.

SAN FRANCISCO (BRAIN) — New company Friiway is offering an e-bike "leasing" program for Stromer or Riese & Müller models through a Bay Area retailer.

LOS ANGELES (BRAIN) — Industry veteran Rob Kaplan joined the Bulls Bikes USA team as head of sales on Monday. Kaplan has more than 30 years in the bicycle industry with most of his experience with e-bikes.

While hardware sales cooled off dramatically post-pandemic in the bike industry, spending on bike-related travel is a bright spot as Americans shift their spending to experiences rather than products.

MADISON, Wis. (BRAIN) — Saris Infrastructure has sold more than one million bike parking solutions and is currently working with Washington, D.C., to reimagine the city's infrastructure, providing nearly 2,000 bike docks so far, with more to come.
Our industry is awash in bad news. As we publish this in December, and Christmas layaways already a distant memory, it's certain that 2023 will turn out to be the worst sales year this century when corrected for inflation.
When I read Rick Vosper’s October opinion/analysis piece, headlined "Nearly half of U.S. bike shops don't carry any Big Four brands," my obvious reaction was: “but more than half do.”

WASHINGTON (BRAIN) — The United States Trade Representative announced Tuesday that existing Section 301 tariff exclusions will be extended until May 31. The exclusions for some China-made bicycle products were scheduled to end Sunday.