News
CHICAGO (BRAIN) — Registration and recovery nonprofit Bike Index surpassed 800,000 registrants and recovered more than 10,500 stolen bikes as of Friday.
Entering its ninth year, Bike Index, with a staff of five and a volunteer ambassador program, has recovered bikes worth an estimated $18.3 million.
WASHINGTON (BRAIN) — Santa Cruz Bicycles has recalled some 2022 Heckler 9 E-MTBs because the latch securing the battery pack can fail, allowing it to dislodge from the frame and creating a fire hazard.
FOUNTAIN VALLEY, Calif. (BRAIN) — Shimano Inc. has sold off its apparel brand, Pearl Izumi, to United Sports Brands, the parent of Nathan, Cutters, and Shock Doctor, among other brands.
Pearl Izumi will join Nathan, which offers running accessories and apparel, in USB's new outdoor division.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. first-quarter revenue was up 6% year-over-year with the company's profitability being credited to adopting a more direct-to-consumer subscription-oriented business model.
BALTIMORE (BRAIN) — The Cyclery Bike Shop and Athlos Performance Apparel collaborated on a jersey design to help the families of two California cyclists killed by an impaired driver last month in Utah.
Brothers Matthew and Adam Bullard were killed on April 9 in Washington City while completing an event.
SAN FRANCISCO (BRAIN) — InGoodTaste, a creative consultancy with industry clients, announced it will support woman's abortion rights by reimbursing employees for travel and supplemental medical costs above insurance coverage if they live in an area that eventually could restrict their choice.
IRVINE, Calif. (BRAIN) — Don DiCostanzo has heard the stories. The 14-year-old with bone cancer regenerated leg movement riding an e-bike after having surgery. A woman who began e-biking to recover from a heart transplant. Another battling a muscular disease now is able to maintain mobility with the help of an e-bike.
ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. will separate its shooting sports and ammunition brands from outdoor sports brands — including Bell, Giro, Blackburn, CamelBak and QuietKat — by splitting into two distinct publicly-traded companies.
For the first time since the brand was acquired from Groupe Rossignol, it will have complete bikes, a new gravel model and a supply of frames available in the U.S.
MORGAN HILL, Calif. (BRAIN) — Specialized has appointed Armin Landgraf as its Chief of Worldwide Markets, effective May 1.
SHERBROOKE, Quebec (BRAIN) — Paul Mckenzie, the longtime owner of the Arkel bike bag brand, has sold the company to Marc Desrosiers, a former product developer at Bombardier Recreational Products.
PRAGUE (BRAIN) — Czech carbon frame and bike manufacturer Festka will provide bikes to Bangkok retailer Concept Speed, which is trying to meet demand in the growing Asian market. And Concept Speed is not starting small with Festka's pricy carbon models.
Retail veteran Pete van Nuys says the industry needs to respond to e-bikes that fall outside the three-class system.
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