News
Buckle up, bicycle industry. We're in for a(nother) wild ride.
FOLSOM, Calif. (BRAIN) — Folsom Bike owners Wilson and Erin Gorrell have announced they have sold their two stores to Trek Bicycle, effective Sept. 1.
TAIPEI (BRAIN) — Taiwan exported nearly $2 billion worth of bikes, e-bikes and bike components in the first four months this year, up 28% from the same period last year.
BREMBATE, Italy (BRAIN) — Vittoria Group and UK technology and materials company Haydale will begin collaborating on innovation and graphene supply.
EL PASO, Texas (BRAIN) — Helen of Troy reported net sales declined 6.1% year-over-year for the first quarter 2023 but its Home & Outdoor group grew 21%.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will acquire Fox Racing for $540 million with the potential for an additional $50 million earnout based on the lifestyle gear brand's financial performance.
VISTA, Calif. (BRAIN) — Chief operating officer Joe Hawk is retiring after 29 years at Haro Bikes.
BIG FLATS, N.Y. (BRAIN) — Stan's NoTubes founders Stan and Cindy Koziatek are retiring after selling the company to the North Carolina-based investment company Zabel Companies LLC.
DERBY, United Kingdom (BRAIN) — Forme Bikes reported the theft of e-bikes from a supplier while in transit between its headquarters here and its Italian assembly plant on Friday.
SALT LAKE CITY, Utah (BRAIN) — Rad Power Bikes will open its sixth store on July 8, in Salt Lake City. The company said it plans to open stores in Huntington Beach, California; Brooklyn, New York; and St. Petersburg, Florida, later this summer.
KNOXVILLE, Tenn. (BRAIN) — Rick Adams is the new CEO of LeMond Bicycles, replacing Dean Hendrickson, who will transition to CEO of LeMond Carbon.
(BRAIN) — Dahon, celebrating its 40th anniversary this year, says it is refocusing on brick-and-mortar retailers by halting sales via Amazon and other online-only vendors.
(BRAIN) — The National Bicycle Dealers Association has announced the 2022 Bicycle Retailer Excellence Awards winners. One hundred and eleven retailers from North America were awarded at Platinium, Gold, Silver and Bronze levels.
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