News

DURANGO, Colo. (BRAIN) — Australian trainer brand JetBlack has lowered the retail price of its Volt trainer to $499 to match the new Zwift Hub trainer, which JetBlack manufactures.

BOULDER, Colo. (BRAIN) — Matt Moore, who has been distributor QBP's general counsel since 2005, has joined the industry trade group PeopleForBikes in the same role.

DARMSTADT, Germany (BRAIN) — Markus Riese will step away from executive duties of e-bike manufacturer Riese & Müller and focus on innovation.

BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: Describe your store's social media usage and how it’s changed since the pre-COVID period?

GRAND RAPIDS, Mich. (BRAIN) — The trade and consumer event formerly known as Recumbent Cycle-Con has been renamed as Cycle-Con to reflect more openness to the conventional cycling community. The event will be held next month for the first time in two years because of COVID-related cancelations.
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.