News

BENTONVILLE, Ark. (BRAIN) — Specialized plans to open its third Experience Center in the U.S. this fall, in this bike-hub city; the company also has acquired a store in nearby Fayetteville called The Bike Route.

WASHINGTON (BRAIN) — Brompton Electric Folding Bicycles is recalling some 16-inch models because the front mudguard is positioned too close to the wheel.

(BRAIN) — Shimano's REVO shorts, which are made of upcycled airbag material, won an iF Design Award in the Sport/Bicycle product category. The shorts were entered by Shimano Europe in the Netherlands.

BERLIN (BRAIN) — E-commerce retailer Signa Sports United announced a collaboration with third-party logistics company Rhenus Warehousing Solutions and the opening of a 215,278-square-foot parts warehouse.

STUTTGART (BRAIN) — Porsche announced on Wednesday that it acquired the remaining 80% of shares in German e-bike drive system Fazua GmbH.
HEERENVEEN, Netherlands (BRAIN) — A consortium's bid for Accell Group has failed, at least temporarily.

CUTLER BAY, Fla. (BRAIN) — It hasn't quite been business as usual for Andante Bike Shop, operating under tents in the back of the building that was destroyed by fire in early April.

WESTPORT, Conn. (BRAIN) — Compass Diversified, which owns BOA and Lizard Skins, has agreed to buy PrimaLoft, a Latham, N.Y.-based textile company. PrimaLoft makes synthetic insulation primarily used in sports apparel.

(BRAIN) — Tour de France hero Greg LeMond announced that he has been diagnosed with Chronic Myelogenous Leukemia.
The 60-year-old said the form of leukemia is treatable and not life-threatening. He will begin treatment later this week in the U.S.

WASHINGTON (BRAIN) — The U.S. imported $565 million worth of bikes in the first quarter this year, up 52% over the first quarter last year and capping three quarters' of massive import figures.

WASHINGTON (BRAIN) — A District of Columbia federal judge ruled that the National Park Service can continue to allow e-bike access on non-motorized trails but needs to conduct its own environmental review followed by a public comment period to gauge the impact they have on park resources and other users.

BERLIN (BRAIN) — E-commerce retailer Signa Sports United reported its first quarterly results that included numbers from WiggleCRC and Tennis Express, which it acquired in December. Quarterly sales were up 48% to 269 million euros ($288 million).

(PINKBIKE) — Walking around the pits at the Enduro World Series, there was one bike that we caught several fleeting glimpses of, but it was always quickly hidden away. Eventually, I did manage to grab a couple of shots as it stood outside the SRAM pits. It looks like a Nukeproof Megawatt E-MTB with a prototype SRAM motor.