News
FRANKFURT, Germany (BRAIN) — Naxicap Partners, a European private equity firm, has reached an agreement to acquire Stromer, the Swiss-based e-bike brand. Details of the agreement were not disclosed. The transaction is subject to customary approvals.
NEW YORK (BRAIN) — Peloton Interactive, Inc. has selected Troy Township in Wood County, Ohio, for its first U.S. factory. The factory will begin producing Peloton's Peloton Bike, Bike+ and Peloton Tread starting in 2023, the company said.
WASHINGTON (BRAIN) — Utah's Sen. Mike Lee has reintroduced legislation to allow bicycles on existing trails and roads in federal Wilderness areas.
THOUSAND OAKS, Calif. (BRAIN) — With bike demand high and more low-cost e-bikes entering the market, Mike Fritz said retailers need to be aware of increased risks of a battery fire.
WASHINGTON (BRAIN) — The Small Business Administration is offering a free regional webinar series to provide resources and knowledge to business owners continuing to recover from the financial hardships of the COVID-19 pandemic.
LOS ANGELES (BRAIN) — X Games medalist Ryan Guettler has withdrawn his suit against Hyper Bicycles, Walmart, Todson, and others over the use of his image in a photograph on the packaging of BMX accessories sold at Walmart stores.
WASHINGTON (BRAIN) — Bike commuting is the third most popular U.S. transportation mode, increasing 61% nationwide from 2000 to 2019, according to a new report published by the Bike Adviser.
SAN DIEGO (BRAIN) — Knolly Bikes Inc. has withdrawn its suit alleging that Intense Cycles was infringing on its patent on a full suspension design.
WASHINGTON (BRAIN) — Bicycle-related injuries requiring emergency-room treatment increased between 2009 and 2018, according to a Centers for Disease Control and Prevention study that also reported bicycle-related deaths went up primarily among adults.
WATERLOO, Wis. (BRAIN) — Trek Bicycle is working with Locally, an e-commerce service provider, to allow its retailers to integrate their inventory data with Trek's website. That allows online shoppers to see which brick-and-mortar retailers have their desired product in stock.
PORTLAND, Ore. (BRAIN) — Friends and family of Stages Cycling executive Bernie Doering have launched a crowd-funding campaign to help with his recovery following an April 30 bike-car crash.
BOULDER, Colo. (BRAIN) — Outside — the parent company of BRAIN and dozens of other active lifestyle and outdoor sports media titles and brands — has relaunched its membership program under a new name: Outside+. The program includes a variety of new features and perks from our growing family of media brands, which include VeloNews, Peloton, Beta, Outside, Triathlete, and more.
PARK CITY, Utah (BRAIN) — The Big Gear Show, an invitation-only trade event for the outdoor and cycling industries, has released a sampling of the bike-related brands who will attend the show. They include Camelbak, Diamondback, Giro, Pinarello, POC Sports, Stan’s NoTubes, Tern Bicycles, Troy Lee Designs, Wahoo Fitness, Yakima, and Fat Chance.
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