News

PITTSBURGH (BRAIN) — Dick's Sporting Goods reported record full-year 2022 net sales while fourth-quarter sales grew 7.3% year-over-year.
NEWARK, N.J. (BRAIN) — A sentencing hearing has been rescheduled for Samuel J. Mancini, who pleaded guilty last year to securities fraud related to a fund with plans to buy several Italian cycling brands.

LOUISVILLE, Colo. (BRAIN) — British outdoor brand Rab is launching its first collection of cycling apparel this spring. The collection aimed at off-road rides includes about 30 styles and will be available online and through a handful of retailers, the company said.

PHILADELPHIA (BRAIN) — The Philly Bike Expo, one of the country's largest consumer expos, is moving from its traditional fall timeframe to springtime next year. The show's next edition will be March 16-17, 2024, at the Pennsylvania Convention Center.

WASHINGTON (BRAIN) — The Consumer Product Safety Commission has recalled Ouwoer Direct multipurpose kids bike helmets sold exclusively on Amazon because they don't comply with the positional stability and impact requirements.

NEW YORK (BRAIN) — Shops will have six months to sell non-certified bikes. What then?

CLEVELAND (BRAIN) — Workers at an REI location in Beachwood, Ohio, near Cleveland, have voted to join the Retail, Wholesale and Department Store Union (RWDSU). It will become the third REI store that is unionized, following stores in California and New York.
VALENCIA, Calif. (BRAIN) — Hi-Torque Publications has laid off at least three editors at its road bike and e-bike media titles. Sources familiar with the situation tell BRAIN the publisher plans to close Road Bike Action and Electric Bike Action, which have print titles and websites.

FRANKFURT (BRAIN) — The 2024 Eurobike show will be held July 3-7 at the Messe Frankfurt, organizers announced Thursday.

NEW YORK (BRAIN) — The City Council on Thursday passed its lithium-ion battery safety legislative package in reaction to the growing number of fires, including prohibiting the sale of e-bikes, other powered mobility devices like e-scooters, and batteries that don't meet recognized certification like UL.

CARBONDALE, Colo. (BRAIN) — Why Cycles, a titanium mountain and drop-bar bike brand, will be consolidated into sister manufacturer Revel Bikes, streamlining production and resulting in consumer cost savings, according to the brand.
GOODYEAR, Ariz. (BRAIN) — Trek Bicycle Store West Phoenix sales and service employee Mike Smith is recovering from surgery in intensive care after being injured when the driver of a pickup truck ran into the back of a group of cyclists he was riding with on Saturday.