News
ANOKA, Minn. (BRAIN) — Vista Outdoor's Outdoor Products Segment — which contains Bell, Giro, Fox Racing, CamelBak, QuietKat and other bike brands — will get a new name when it's spun off from the rest of the company later this year.
BANGKOK, Thailand (BRAIN) — Vittoria Tyres Thailand is opening a new 10,000-square-meter (108,000-square-foot) factory dedicated to cotton-casing tubular and clincher tires. The company said the factory, which will employ about 200 people, and is certified as carbon neutral by Climate Impact Partners.
CALGARY, Alberta (BRAIN) — VeloGuide, an app that matched cyclists with independent local guides, has shut down, founder and CEO Joel Goralski announced Wednesday.
PHILADELPHIA (BRAIN) — Trek, SRAM, a Taiwanese hub maker, a Trek-owned retail store and an independent Trek dealer are all named in a product liability case involving an alleged coaster brake failure two years after the coaster-brake hub was recalled.
EL PASO, Texas (BRAIN) — While Helen of Troy's Home & Outdoor group net sales remained virtually unchanged year-over-year in the second quarter, overall revenue was down 5.7%.
NEWARK, N.J (BRAIN) — Victims of what prosecutors call a “Ponzi-like” scheme to buy several Italian cycling brands are asking a judge to release pre-sentencing materials for Samuel Mancini, who has pleaded guilty to securities fraud in the case.
VANCOUVER (BRAIN) — A trio of entrepreneurs and longtime cyclists here have acquired all assets of retailer Bicicletta, which filed for creditor protection in June after closing its retail s
BEVERLY, Mass. (BRAIN) — Parlee Cycles, which entered Chapter 11 bankruptcy in February, has been acquired by John Harrison, who the company said is "an avid cyclist and independent investor."
CHICAGO (BRAIN) — SRAM has publicly released its long-awaited Eagle e-MTB drive system, which includes a motor manufactured by Brose, integrates with SRAM mountain bike groups, and includes automatic shifting and shifting-while-coasting features.
WATERLOO, Wis. (BRAIN) — Trek Bicycle announced the recall of all Allant+ 7 e-bike models with Tektro brakes because the rear brake hose can be damaged if it interferes with the headlight or headlight mounting bracket.
WILDWOOD, N.J. (BRAIN) — Scott Chambers never made a claim for Zippy's Bikes in the five years he's been insured by Pennsylvania Manufacturers Association Insurance Company (PMA). While the rates increased somewhat, nothing prepared Chambers for the notice he received dated Sept. 13.
PITTSBURGH (BRAIN) — Dick's Sporting Goods will close 11 Moosejaw locations, including the outdoor speciality retailer's headquarters in Madison Heights, Michigan, according to the Detroit Free Press.
SEATTLE (BRAIN) — Rad Power Bikes defended its quality control standards and denied the liability claim of a class-action lawsuit filed last week that a faulty fork and quick-release skewer design can cause the wheel to disengage.
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