News

Posted September 1, 2022

PHILADELPHIA (BRAIN) — Bosch eBike Systems will conduct an hour-long session at next month's Philly Bike Expo, aimed at dealers, consumers and other industry members.

Posted August 29, 2022
Alan Crisp.

BOULDER, Colo. (BRAIN) — The new Outside Interactive vice president and general manager of its Cycling Group realized early on that the gap between being a strong junior downhill racer and an elite one was a bit too wide.

Posted August 26, 2022

BALTIMORE (BRAIN) — A lawsuit in Maryland federal court alleges the front fork of a Mate.Bike folding e-bike failed as plaintiff Benjamin White rode off a curb, allegedly causing White severe injuries and permanent disfigurement.

Posted August 25, 2022
Also involved: bikes that spec'd the handlebars/stems.

WATERLOO, Wis. (BRAIN) — Trek Bicycle is recalling all 2022 Speed Concept SLR models, 2021-2022 Emonda SLR models, and Bontrager Aeolus RSL VR-C handlebars/stems sold as an aftermarket product.

Posted August 25, 2022

NEW YORK (BRAIN) — Peloton Interactive reported a fourth-quarter net operating loss of $1.2 billion on Thursday as the indoor fitness company continues its downturn following rapid growth during the pandemic. It was the sixth consecutive quarter of reported losses.

Posted August 25, 2022

FRANKFURT (BRAIN) — Stateside brick-and-mortar retailers don't get the warm and fuzzies at the mention of Wiggle and Chain Reaction Cycles, two UK-based e-commerce sites that were once notorious for selling discounted components into the U.S. market.

Posted August 24, 2022
The designer of the Lotus bike died last week from lung cancer.

(CYCLINGTIPS) — Mike Burrows died last week at age 79 after two years of unsuccessful treatment for lung cancer. He was best known as the designer of the sleek carbon fiber Lotus bike that Chris Boardman rode to the UK’s first Olympic cycling gold medal in 72 years at the 1992 Barcelona Olympics.

Posted August 24, 2022

NEW YORK (BRAIN) — Peloton will expand the distribution of its bike, Guide, and selected accessories and apparel to Amazon's U.S. stores. Bike delivery will be available to most in the U.S.

Posted August 24, 2022
The Antric One.

FREEHOLD, N.J. (BRAIN) — Cenntro Electric Group Limited acquired a minority interest in German e-cargo designer Antric GmbH.

Posted August 24, 2022
REI Co-op  spec'd its e1.1 with a Bafang hub motor.

(BRAIN) — When Specialized announced the re-launch of its Globe brand in May as an affordable electric bike purveyor focused on car-replacing transportation, the company released only one spy photo showing an e-bike obscured by cargo baskets and cactuses. While the e-bike's frame was largely hidden, one of the bike's features clearly was visible: a rear hub motor.

Posted August 23, 2022
Webinar on Aug. 31 will provide key insights.

ASHEVILLE, N.C. (BRAIN) — The National Bike Dealers Association released its Cost of Doing Business Report for the first time in seven years and will follow up with a webinar next week on how to better understand and utilize its data.

Posted August 23, 2022
The longtime components company enjoys rebirth after coming close to bankruptcy.
Cane Creek hand-builds its Helm fork and rear shocks in N.C.

FLETCHER, N.C. (BRAIN) — It's the kind of failure that can ruin a company, but for Cane Creek Components, its Double Barrel Inline rear shock debacle nearly 10 years ago led to a gradual reawakening of the brand. Call it a pivot point in its history.

Posted August 23, 2022

PITTSBURGH (BRAIN) — Dick's Sporting Goods' second-quarter net sales declined 5% year-over-year and comparable store sales were down 5.1%.

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