News

DENVER (BRAIN) — Lost Paddle Events, which owns the Big Gear Show, is planning a June 2023 e-bike show that may be the first national trade show for the e-bike segment in the U.S.

BREMBATE, Italy (BRAIN) — Tire insert supplier Deaneasy will integrate into the Vittoria Group and begin production here to develop accessories quicker with research into sustainable materials and processes being a focus.
BERKELEY, Calif. (Outside Business Journal) — Employees of the REI's store here are seeking to unionize, just four months after the company's Manhattan, N.Y., location passed a vote to do the same in March.

BOULDER, Colo. (BRAIN) — Camber Outdoors announced Monday that Tiffany Smith will be the new CEO. Smith recently served as Camber's chief development officer.

PHILADELPHIA (BRAIN) — A prototype all-wheel-drive bike valued at $100,000 was stolen from a shop here specializing in AWD bikes.

TORONTO (BRAIN) — When collaborating on a new brand, Michael Yakubowicz and Frank Gairdner didn't just want to build a bike. They wanted to create the entire manufacturing process from pencil to paint under one roof.

HEERENVEEN, Netherlands (BRAIN) — A consortium headed by investment firm KKR has acquired 96.9% of Accell Group shares during the post acceptance period that ended Thursday.

DENVER (BRAIN) — FattE-Bikes has started a regulation crowdfunding raise on StartEngine.com. Because of SEC regulations, terms of the investment offer can be communicated only through the crowdfunding platform.

MONTREAL (BRAIN) — Opus Bike is the latest e-bike company to join the industry's battery recycling program headed by Call2Recycle and also announced redesigned packaging to reduce the use of plastic by more than 50%.

LONDON (BRAIN) — E-mobility insurance company Laka has secured funding from Porsche Ventures, bringing its Series A investment to $13.5 million.

AMERICAN FORK, Utah (BRAIN) — Jessica Klodnicki is the new CEO of recovery product company KT Tape. She previously was chief marketing officer of Skullcandy.

TEMPE, Ariz. (BRAIN) — Bryan Mason was promoted to Pivot Cycles president and will oversee "key departments and management team members" in addition to all of the company's Stuttgart, Germany, operations.

CHICAGO (BRAIN) — One of the largest snack companies in the world announced an agreement to acquire Clif Bar & Company for $2.9 billion. The acquisition by Mondelēz International — which owns brands such as Oreo, Cadbury, and Trident gum — will expand its business to more than $1 billion.