News

Posted August 22, 2022

MONTREAL (BRAIN) — ARG Sports Inc. will distribute Italian protective wear brand Dainese in Canada. The partnership will work to bring MAP pricing to IBD, B2C, and e-commerce clients.

Posted August 22, 2022
Splitrock Tap & Wheel benefited from opening in April 2020.

BOULDER, Colo. (BRAIN) — After nearly 50% sales increase industry-wide from 2019 levels in 2020 and 2021, most retailers were sitting on more cash than ever before. With no inventory available for replenishment, that cash was invested in creative ways. And as we review windfalls, we must keep in mind the corresponding human costs involved.

Posted August 22, 2022

(BRAIN) — Two China-based e-mobility manufacturers applied to the Trade Remedies Authority (TRA) for new status to pay a lower anti-dumping import tariff rate to export into the United Kingdom.

Posted August 19, 2022

NEWARK, N.J. (BRAIN) — Cycling industry investor Samuel Mancini, originally scheduled to be sentenced Aug. 17 after pleading guilty to one count of securities fraud, will now be sentenced on Nov. 17.

Posted August 16, 2022

BENTONVILLE, Ark. (BRAIN) — After its planned launch was interrupted by COVID for two years, the first Cycle of Influence Summit will be held next month in this fast-growing cycling town.

Posted August 16, 2022
Erin Gorrell.

BOULDER, Colo. (BRAIN) — For our August magazine edition, we asked our State of Retail panel members: What software do you use for your point of sales system? What do you like/dislike about it?

Posted August 15, 2022

LOUISVILLE, Colo. (BRAIN) — Who else can claim the varied and impactful career accomplishments of Lennard Zinn? Zinn Cycles has sold more than 2,000 frames and complete bikes in every conceivable size and five frame materials. He's sold more than 800,000 Zinn and the Art of ... repair books. He's been an editor and contributor to numerous publications, primarily VeloNews.

Posted August 15, 2022

The bike industry is changing fast. But so is the rate of change itself.

Posted August 14, 2022

PONTIAC, Mich. (BRAIN) — Co-owner Michael Reuter and Kenny Stonehouse are selling their eight-store retail chain, American Cycle & Fitness, to Trek Bicycle. 

Posted August 11, 2022

CHANHASSEN, Minn. (BRAIN) — Life Time, a fitness center operator that also owns the Sea Otter Classic, the Leadville 100, Unbound Gravel and other bike events, reports that revenues were up 50% in the first half of 2022 as its fitness facilities re-opened and events resumed after COVID-19 closures.

Posted August 11, 2022

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation second-quarter revenue increased 25% year-over-year, the 17th consecutive quarter of growth.

Posted August 10, 2022

BLACKSBURG, Va. (BRAIN) — East Coasters Bike Shops co-owner Wesley Best was unusually busy Tuesday, but it had little to do with running the two stores that he and Chris Betz have operated since 2005.

Posted August 10, 2022

DRESDEN, Germany (BRAIN) — Germany-based bike e-commerce retailer BIKE24 said its sales were up just 1% in the first half of its fiscal year to 128.8 million euros ($132 million) amid what the retailer called "a challenging environment." The company pointed to its expansions into the French, Spanish and Italian mark

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