News
We all know 2020–2021 were good years for retailers. The shocking part is just how good.

MADISON, Wis. (BRAIN) — Saris released its latest direct-drive trainer on Wednesday — the H4 — while also announcing the H3 direct-drive trainer’s retail price has dropped $400.

BOULDER, Colo. (BRAIN) — Austin Butler, 23, pleaded guilty to several felony accounts, including an organized crime charge.

CORRECTS that the JetBlack Volt trainer was priced at $899 in U.S. dollars (AU$1,200). JetBlack later lowered the Volt price to $499 to match Zwift.
AMSTERDAM (BRAIN) — Pon.Bike, owner of Cannondale, Cervelo, Santa Cruz, Gazelle and other brands, has announced plans to buy the Dutch e-bike brand Veloretti. Veloretti was founded 10 years ago and sells bikes consumer direct in Europe.

Wels, AUSTRIA (BRAIN) — Pierer Mobility AG — the Austrian company that owns Felt Bicycle and the Husqvarna, GASGAS and R Raymon e-bike brands — said its sales of e-bikes were down 12% in the first half, partly due to supply chain constraints.

WASHINGTON (BRAIN) — Specialized Bicycle Components expanded its battery pack recall from last year for first-generation Turbo Levo and Kenevo mountain bikes manufactured between 2017-20
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products reduced its U.S. workforce by 6% on Wednesday, cutting jobs across all departments at its U.S. facilities.
The company said its U.S. and Canadian distribution centers remain fully operational.
DENVER (BRAIN) — Rob Wesson, a former vice president and general manager at Giro Sport Design, has joined Denver's Revved Industries as its president and CEO. Revved's former CEO, Ken Friedman, has moved to the company's Board of Directors.
PHILADELPHIA (BRAIN) — Bosch eBike Systems will conduct an hour-long session at next month's Philly Bike Expo, aimed at dealers, consumers and other industry members.

BOULDER, Colo. (BRAIN) — The new Outside Interactive vice president and general manager of its Cycling Group realized early on that the gap between being a strong junior downhill racer and an elite one was a bit too wide.

BALTIMORE (BRAIN) — A lawsuit in Maryland federal court alleges the front fork of a Mate.Bike folding e-bike failed as plaintiff Benjamin White rode off a curb, allegedly causing White severe injuries and permanent disfigurement.