Industry News
BROOMFIELD, Colo. (BRAIN) — SmartEtailing, a longtime provider of retailer e-commerce websites and related services, is adding a point of sale option for the first time.
NEW YORK (BRAIN) — The City Council on Thursday approved a two-year city-funded trade-in program to get uncertified e-bikes and lithium-ion batteries off the streets in the latest legislative action to reduce the growing number of fires that have averaged four a week.
SEATTLE (BRAIN) — Rad Power Bikes announced Tuesday that all of its e-bikes and lithium-ion batteries will meet UL certification going forward.
BOULDER, Colo. (BRAIN) — The industry's e-bike battery recycling program has collected and recycled more than 43,000 pounds of batteries since the program began in November 2021.
BOULDER, Colo. (BRAIN) — For our September magazine edition, we asked our State of Retail panel members: How does your shop manage e-bike battery risk? What steps do you take to manage uncertified batteries, and do you participate in any battery recycling programs?
NEW YORK (BRAIN) — Bloomberg is reporting that Amer Sports has made a confidential filing for an initial public offering in the U.S. that would value the company as high as $10 billion.
SAN FRANCISCO (BRAIN) — A trial date was established Thursday in a man's lawsuit claiming general negligence, product liability, and breach of warranty against Rad Power Bikes after the case management conference was canceled.
WASHINGTON (BRAIN) — The U.S. Trade Representative has extended its tariff exclusions for some China-made bicycle products until Dec. 31.
WATERLOO, Wis. (BRAIN) — Despite the marketplace awash with new bike inventory, Trek Bicycle is encouraging cyclists to buy used in the name of sustainability through its new Red Barn Refresh program.
TAIPEI, Taiwan (BRAIN) — Speed Tech, an electrical connector supplier, says VanMoof Asia owes it $5,038,000.
WILMINGTON, Del. (BRAIN) — A year to the day after Zwift launched its first stationary trainer, the Hub — which led Wahoo Fitness to quickly file suit for patent infringement — Zwift and Wahoo are announcing terms of an "amicable settlement" that include each company selling bundles containing the other’s products.
BOZEMAN, Mont. (BRAIN) — Vista Outdoor made a public filing with the Security and Exchange Commission Tuesday, revealing details of its plan to spinoff its outdoor sports brands into a new company separate from its ammunition business.
SCHLITTERS, Austria (BRAIN) — Lithium-ion battery manufacturer The BMZ Group acquired e-bike brand Nox Cycles Austria, its sister companies in Germany and Switzerland, and the Hawk Bikes brand.
AMSTERDAM (BRAIN) — Pon Holdings and Volkswagen Financial Services will collaborate to expand e-bike leasing for employees and commercial customers in the U.S. and Europe.
TAICHUNG, Taiwan (BRAIN) — Bike manufacturer Ideal Bike Corp. says its representative will make claims worth $1.52 million at a creditors meeting being held Monday by VanMoof Asia Ltd., a Taiwan-based business related to the Netherlands-based e-bike brand.
WILMINGTON, Del. (BRAIN) — Wahoo Fitness and Zwift have agreed to settle a patent suit over Zwift's Hub stationary trainer.
A court filing Thursday shows both sides are asking the court to dismiss Wahoo's patent suit against Zwift and any counterclaims, with each side to pay their own legal fees.
STOCKHOLM (BRAIN) — MIPS will acquire 25% of sensor technology company Quintessential Design Inc. (Quin) for $7.3 million.
AMSTERDAM (BRAIN) — Pon.Bike has added Italian road and track shoe brand Nimbl to its growing portfolio. Terms of the sale were not disclosed.
LONDON (BRAIN) — British e-mobility company Lavoie has acquired VanMoof and intends to stabilize, grow, and develop the Dutch e-bike brand that declared bankruptcy in July.
Acquisition terms were not announced.
WELS, Austria (BRAIN) — Pierer Mobility AG, the owner of Felt Bicycle and e-bike brands including Husqvarna and GASGAS, announced first-half revenues of 1.154 billion euros ($1.26 billion), up 20.2% from the first half last year.
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