News
CAPE TOWN, South Africa (BRAIN) — Leatt Corporation reported its seventh consecutive quarter of record-breaking revenue, with first-quarter revenue increasing 88% year-over-year, led by mountain bike and moto helmet sales.
(BRAIN) — Zwift has announced significant staff layoffs and a "pause" to its much-anticipated hardware development program for developing its own range of smart bike and direct-drive trainer offerings.
Common bicycle industry chatter: “That product is a rip-off, a total copycat.” Yet also heard frequently: “Patents stifle new ideas – only the lawyers win.” Which of these opposing points hits the mark?
MORGAN HILL, Calif. (BRAIN) — Specialized on Tuesday announced a new line of e-bikes under the Globe brand, which Specialized has used in the past for city bikes. The company said Globe will let independent bike shops compete with D2C-only e-bike brands.
NEW YORK (BRAIN) — A two-alarm fire at a Queens bike shop on Monday was caused by a charging lithium-ion battery, according to FDNY.
BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: What are the most — and least — effective things you’ve done to recruit, hire, and retain staff?
Participants will receive a copy of the $400 report, which has not been updated for seven years.
ERMUA, Spain (BRAIN) — Orbea, the Basque co-op bike manufacturer, had its sixth consecutive record sales year in 2021, hitting 282 million euros ($298 million). The co-op added 170 news jobs in the year, bringing its total workforce to nearly 1,000, with 90% of its workers in Europe.
As brands get into the D2C and retailer ownership businesses, they control more and more of the end-user’s dollars and fundamentally alter the specialty retail landscape.
MONTEREY, Calif. (BRAIN) — Several companies that offer electronic controllers — the component that tells an e-bike motor how to behave based on various inputs — say they can help bike brands offer customers a tailored experience that separates them from the pack.
DULUTH, Ga. (BRAIN) — Fox Factory’s CEO says the mountain bike industry will return to something like normal in the fourth quarter this year and he expects Fox’s bike-product sales to return to a more traditional growth rate following several years of very high growth.
ST. PAUL, Minn. (BRAIN) — Park Tool has issued a Stop Use and Inspect Notice for their CCP-22, CCP-44 and CWP-7 crank pullers due to an out-of-spec nut may cause damage to cranks during removal.
SEOUL (BRAIN) — Samsung SDI is accelerating solid-state battery development and said it will produce them early next year. The company said the technology will be a safer and more powerful alternative to the lithium-ion battery that's at the forefront of the e-bike and micromobility industry.
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