News
STOCKHOLM (BRAIN) — CAKE, a Swedish electric motorcycle brand led by POC founder Stefan Ytterborn, has released a new kids product line that progresses from a balance bike to a pedal bike to a small electric offroad motorcycle.
The company calls the product line the "CAKE Kids Evolution Program."
WASHINGTON (BRAIN) — The U.S. Senate Energy and Natural Resources Committee moved a policy package to the Senate floor Tuesday that would fund recreation infrastructure and expand access on federal public lands.
LONDON (BRAIN) — Thanks to the Cooper family's notoriety in the auto industry, its new line of e-bikes has generated plenty of free press globally. They are not available in the U.S. but feature an innovative hub motor worth making note of.
NEWARK, N.J. (BRAIN) — A federal judge has approved delaying the civil case against Samuel J. Mancini, the CEO of an investment group that planned to buy up several Italian cycling brands.
BOSTON (BRAIN) — Mark Vautour doesn't get his coffee from Starbucks or dine at nearby Legal Seafood. When a Landry's Bicycles customer knocks on the door 10 minutes after closing, he'll open the door. That's what a neighborhood businessman does.
CORTEZ, Colo. (BRAIN) — Osprey Packs announced Thursday that CEO Layne Rigney will leave the company at the end of the day following nearly six years. Rigney recently guided Osprey through the Helen of Troy acquisition.
STOCKHOLM (BRAIN) — Helmet technology company MIPS increased first-quarter net sales by 65% year-over-year with its Sports division growth being led by snow products and less by the bike products.
TOKYO (BRAIN) — Shimano Inc.’s stock price fell nearly 14% on Wednesday following the release of its first-quarter earnings report Tuesday.
OLATHE, Kan. (BRAIN) — Garmin Ltd. reported record first-quarter revenue despite a 28% decrease in sales in its fitness division, which includes Garmin's cycling products.
NEW YORK (BRAIN) — Many of New York's tragic and highly visible fires have involved e-scooters and e-motorcycles. Does the distinction matter?
ATLANTA (BRAIN) — While several former employees of Wahoo Fitness have told BRAIN in recent days that they had been laid off, the company on Tuesday announced it had purchased RGT Cycling, a virtual cycling platform.
TOKYO (BRAIN) — Sales in Shimano's bike-product division were up 14% in the first quarter, compared to the same period last year. However the company said the pandemic-driven bike boom "showed signs of cooling down."
STOCKHOLM (BRAIN) — Thule Group's first-quarter net sales increased 20% despite continued pandemic hurdles — including global supply chain challenges, rising costs in raw materials and shipping, and employee absenteeism — and most recently the war in Europe.
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