News
LAS VEGAS (BRAIN) — Segway is accepting pre-orders for its two new e-bikes and offering more details about each at the CES consumer electronics trade show, running this week in Las Vegas.
WESTPORT, Conn. (BRAIN) — Fifteen years after acquiring the juvenile products brand Ergobaby, Compass Diversified Holdings has sold the brand to Highlander Partners, a Dallas-based private investment firm.
BOULDER, Colo. (VELO) — Police in Colorado say the use of Apple AirTags by some bike owners led to the recovery of stolen bikes and the arrest of suspects.
WATERLOO, Wis. (BRAIN) — Trek Bicycle says sourcing aluminum from manufacturers who use less fossil fuel has lowered the carbon impact of its alloy bikes.
TWICKENHAM, United Kingdom (BRAIN) — Folding bike brand Brompton Bicycle Limited recorded a 5.3% decline in revenues in the 12-month period that ended March 31, 2024, according to filings made in the U.K. recently.
MIAMI (BRAIN) — Randy Ross, the former CEO of Ross Bicycles and a member of one of the first families of the U.S. bicycle industry, died suddenly on Christmas day while celebrating the holiday with family. He was 67.
PROVIDENCE, R.I. (BRAIN) — Revelyst, the former Vista Outdoor business unit that includes its bicycle-related brands, has been sold to Strategic Value Partners, LLC and its affiliates in an all-cash transaction based on an enterprise value of $1.125 billion.
HEERENVEEN, Netherlands (BRAIN) — Following a recapitalization agreement in October and a 390 million euro loss in 2023, Accell Group's CEO said the company's recovery is on the way.
FAIRFAX, Calif. (BRAIN) — A woman has filed a class-action lawsuit against manufacturer Super73 for selling e-bikes that can exceed the maximum speed allowance for a micromobility device.
BOULDER, Colo. (BRAIN) — Trek Bicycle's leaked news about "right-sizing" in March, and Kona Bicycles' sudden "pause" at the Sea Otter Classic, followed by the brand's rebirth with its founders, were the most-read industry stories in 2024.
RICHMOND, Calif. (BRAIN) — Noted framebuilder Ed Litton died on Dec. 16 following a bike accident near his shop two weeks earlier.
TAIPEI (BRAIN) — Giant Group announced its current chairperson, Bonnie Tu, will retire from her position, with current CEO Young Liu appointed as the new chairman, and current Chief Branding Officer Phoebe Liu promoted to CEO. These changes will take effect January 1.
WASHINGTON (BRAIN) — After initially being included in the government funding bill, the Setting Consumer Standards for Lithium-Ion Batteries Act was removed as Congress reached a compromise in time to prevent a government shutdown.
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