News
STOCKHOLM (BRAIN) — MIPS reported third-quarter net sales decreased 39% year-over-year, citing reduced demand for bike helmets in its Sport category.
SEYMOUR, Conn. (BRAIN) — As Sweden-based Thule Group's executives are warning investors of a sharp decline in sales and earnings due to a softening bike sector, the company's Americas division is making organizational changes that include 34 staff cuts in management, product development, and manufacturing.
DALLAS (BRAIN) — New e-bike brands arrive by the boatload these days, but, if for nothing else, Denago deserves a second look based on its all-star leadership team of industry vets.
WASHINGTON (BRAIN) — Ancheer is recalling about 22,000 e-bikes, sold by e-commerce sites including aliexpress, amazon.com, eBay and others because the bikes' lithium-ion batteries can ignite, explode, or spark.
ASHEVILLE, N.C. (BRAIN) — With Clint Spiegel leading an Industry Nine manufacturing tour, you'll need to hustle to keep up. His enthusiasm for what he and his team accomplish daily obviously puts a spring in his step. He's not so much in a rush as he is just excited to show and tell his company's story of quickly becoming one of the bike industry's most iconic and innovative brands.
SEYMOUR, Conn. (BRAIN) — Thule Group has made another unusual mid-quarter financial statement, warning investors that its revenues and profits will be down significantly in its third quarter due to over inventory in the bicycle retailer sector.
MADISON, Wis. (BRAIN) — C+A Global acquired Saris Cycling Group at a bankruptcy auction and will rename the brand Saris Equipment.
LAKE TAHOE, Calif. (BRAIN) — PeopleForBikes is urging land managers to allow the use of Class 1 e-bikes — but no other e-bikes — on all non-motorized, natural surface trails (including singletrack mountain biking trails) where traditional bicycles are allowed.
WASHINGTON — Injuries involving micromobility devices including e-scooters, hoverboards and e-bikes were up 127% between 2017 and 2021 according to a new report by the Consumer Product Safety Commission.
BOULDER, Colo. (BRAIN) — For our October magazine edition, we asked our State of Retail panel members: What steps do you take to prevent smash-and-grab theft and protect digital information? What are the additional protections you would like to put into place to prevent theft?
WILMINGTON, Del. (BRAIN) — Wahoo Fitness is suing Zwift and JetBlack for allegedly infringing on three Wahoo patents related to its stationary trainers.
JACKSONVILLE, Fla. (BRAIN) — Trek Bicycle Company has purchased longtime shop LakeShore Bicycles. LakeShore Bicycles owner Charlie Fetzer made the announcement on his Facebook page Thursday.
It’s that time of year again. Dealers and suppliers are trying to put together orders for the 2023 season, and discovering there’s nothing to base their sales estimates on. Here’s a sample conversation I’ve heard about from a number of different retail business owners:
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