News

Posted May 12, 2020

SAN CLEMENTE, Calif. (BRAIN) — Hardstreet, a motorcycle accessory company, is offering a variety of shatterproof counter shields for bike retailers looking to operate safely during the COVID-19 pandemic.

Posted May 12, 2020

KENT, Wash. (BRAIN) — REI Co-op will open some of its 162 stores on a limited basis this week after closing two months ago because of the COVID-19 pandemic.

Posted May 11, 2020
Mavic's US operations unaffected by troubles in France, CEO says.

PARK CITY, Utah (BRAIN) — Mavic's U.S. operations are continuing as usual despite the brand's French wing being put into receivership, the CEO of MAVIC USA told BRAIN.

Posted May 11, 2020

A deeper dive into the new dealer numbers reveals some interesting truths about brands, dealer populations and the industry's shifting balance of power.

Posted May 11, 2020

Could a “Check Engine” light be coming to bikes? Shimano is thinking that way, and has filed a patent application for using artificial intelligence processing paired with sensors to monitor wear and maintenance of bicycle components.

Posted May 8, 2020

WASHINGTON (BRAIN) — The U.S. Trade Representative has granted tariff exclusions to imports of Chinese carbon fiber front and rear frame triangles and carbon fiber rims.

Posted May 8, 2020

MONTRÉAL (BRAIN) — Dorel Sports, parent company of Cycling Sports Group and Pacific Cycle Group, saw a 2% sales increase in the first quarter thanks to good business in the final two weeks of March.

Posted May 8, 2020
According to the latest NPD report, trainer and stationary bike sales post triple-digit increases.

PORT WASHINGTON, N.Y. (BRAIN) — Sales of cycling indoor trainers and rollers grew nationally by 268% year-over-year in March, and recreational and children's/BMX bike sales also increased as the COVID-19 pandemic led to states issuing stay-at-home orders.

Posted May 7, 2020
Company had been managed by a turn-around firm since February. Regent, which announced it had bought the brand last March, has no comment.
Mavic's headquarters near Annecy, which it shared with the ski brand Salomon.

ANNECY, France (BRAIN) — Mavic has been put into receivership at the French commercial court in Grenoble, after being put under the management of a turnaround firm in February.

Posted May 7, 2020
GoPro revenue fell 51% in the first quarter of 2020.

SAN MATEO, Calif. (BRAIN) — GoPro Inc. said Thursday afternoon first-quarter revenue fell 51% year-over-year, in line with what the company predicted last month after announcing a workforce reduction and a transition to direct-to-consumer sales in the wake of the COVID-19 pandemic.

Posted May 7, 2020

BOULDER, Colo. (BRAIN) — For our May magazine edition, we asked our State of Retail panel members: “How has your business been affected by COVID-19 so far? What steps are you taking to weather the storm as the pandemic continues?”

Posted May 7, 2020
USA BMX tracks are gradually reopening in the US.

GILBERT, Ariz. (BRAIN) — Fifteen USA BMX tracks in six states held "soft" reopenings for practice and races last week under state and city social distancing guidelines established during the COVID-19 pandemic.

Posted May 7, 2020

PITTSBURGH (BRAIN) — In areas where local guidelines and public health considerations allow, some Dick's Sporting Goods stores in 26 states are reopening with social distancing measures in place during the COVID-19 pandemic.

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