News
DETROIT (BRAIN) — Cardinal Cycling Group has sold Detroit Bikes to Beacon Manufacturing, a new company that provides services to light electric vehicle manufacturers.
ALBANY, N.Y. (BRAIN) — The New York State Senate passed a legislative package aimed at strengthening lithium-ion battery safety standards, including one that will recognize the European testing standard EN 15194 along with UL 2849.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported net sales increased 6.2% year-over-year and raised its full-year outlook.
Net sales for the quarter ending May 4 were $3.02 billion, compared with $2.84 billion at the same time last year.
WASHINGTON (BRAIN) — Importers of Chinese-made e-bikes, juvenile bikes and some other bike products will be responsible for an additional 25% tariff on those products starting June 14.
CAMPAGNOLA CREMASCA, Italy (BRAIN) — Deda Elementi parent company Dedaindustrie S.r.l. named SpinCycle LLC the North American OEM sales agency for the component and Dedacciai tubeset company.
DETROIT (BRAIN) — E-bike brand Benno Bikes will utilize Bloom as a development and marketing center for its U.S. operations, tapping into the platform's support, logistics, and future brand development services.
SAN FRANCISCO (BRAIN) — Registry service Bike Index released a free iOS app to make it easier for registration and for law enforcement to use. Through the app, cyclists can create an account to register one or more bicycles from anywhere in the world.
WASHINGTON (BRAIN) — The U.S. Trade Representative published a Federal Register Notice on Wednesday concerning the Section 301 tariffs on China but it's still unclear whether existing bike products will continue to receive exclusions as the May 31 deadline for ending all exclusions approaches.
BENTONVILLE, Ark. (BRAIN) — The industry will return to Las Vegas for a trade show for the first time since the 2017 when CABDA hosts its West event in the Nevada city next March.
NEW YORK (BRAIN) — REI union members at the SoHo store will hold a rally Thursday to demand that the co-op sign a letter of commitment to reach a contract by the end of the year.
BANNER ELK, N.C. (BRAIN) — JC Lakey didn’t hesitate when asked his reaction Monday morning to Kona Bicycles’ founders reacquiring the brand from private equity-backed Kent Outdoors.
Turns out there are a lot of details to work out when acquiring and relaunching a global bike brand. Here are some takeaways.
Kona founders Jake Heilbron and Dan Gerhard shared this letter to the industry with BRAIN readers on Monday.
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