News

Posted October 26, 2022

OLATHE, Kan. (BRAIN) — Garmin Ltd. revenue decreased 4% year-over-year, with the Fitness segment experiencing an 18% decline.

Posted October 26, 2022
Body Rocket says its system of sensors provides wind tunnel accuracy.

BRIGHTON, United Kingdom (BRAIN) — Startup aerodynamic drag force measurement system Body Rocket announced its recent raise attracted more than 190 UK and EU investors.

Posted October 25, 2022

TREVISO, Italy (BRAIN) — Cicli Pinarello said its sales were up 24% in its most recent fiscal year, which closed June 30. The company had sales of 84 million euros ($83.6 million at today’s exchange rate) according to a press release.

Posted October 25, 2022
Jim Moss

Attorney Jim Moss explains an aspect of the recent State Farm vs. Rad Power Bikes lawsuit.

Posted October 25, 2022

CHICAGO (BRAIN) —  Longtime SRAM marketing chief David Zimberoff will soon leave the company to focus on a transportation research project for World Bicycle Relief, a nonprofit launched by SRAM's co-founders in 2005 and supported by the company and others. 

Posted October 25, 2022
Sales in company’s bike segment are up 21% year to date.

OSAKA, Japan (BRAIN) — Shimano said “strong interest” by consumers in bicycles shows signs of cooling down, but demand is still higher than it was prior to COVID-19.

Posted October 24, 2022

IRVINE, Calif. (BRAIN) — The National Bicycle Dealers Association and consultant group Human Powered Solutions are asking retailers and suppliers to participate in a survey on e-bike lithium-ion battery incidents.

Posted October 21, 2022

BOULDER, Colo. (BRAIN) — E-bike sales in the U.S. have grown 300% in the past five years. More and more retailers are saying, "E-bikes are our future." Despite the rosy glow around the category, there are concerns among the movement's leaders. So let's take a look at the five challenges that lie ahead.

Posted October 21, 2022

KIRKWOOD, Mo. (BRAIN) — Since he began offering ultrasonic carbon fiber inspections in June, St. Louis-area carbon repair and paint shop owner Nick Hand has found manufacturing defects in two bikes that showed no signs of damage.

Posted October 21, 2022

BENTONVILLE, Ark. (BRAIN) — The industry's first U.S. e-bike battery recycling program nears a notable milestone seven months after it was established.

Posted October 20, 2022
The guidebook will be online at the end of the year.
Opus Bike has redesigned packaging to reduce the use of plastic.

BENTONVILLE, Ark. (BRAIN) — PeopleForBikes announced at the SHIFT '22 conference on Tuesday the completion of its first Sustainable Packaging Guidebook that will be available to the industry at the end of the year.

Posted October 17, 2022

LOUISVILLE, Colo. (BRAIN) — The Pro's Closet laid off 15% of its workforce last week, the certified used bike and component retailer confirmed to BRAIN on Monday.

Posted October 16, 2022

STOCKHOLM (BRAIN) — MIPS reported third-quarter net sales decreased 39% year-over-year, citing reduced demand for bike helmets in its Sport category.

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