News
STOCKHOLM (BRAIN) — Thule Group sales in the first quarter of this year dropped 4.9% as a result of the COVID-19 pandemic that either closed or limited retailers in Europe and North America.
WASHINGTON (BRAIN) — The U.S. Trade Representative's office has granted tariff exclusions to some more bike-related products. Meanwhile the industry is working to extend the exclusions to the tariffs, which are imposed on China-made products as part of the Trump administration's Section 301 action.
WASHINGTON (BRAIN) — The Small Business Administration officially received an additional $310 billion in funds to restart its two loan programs that ran out of money last week.
MILAN (BRAIN) — Pirelli bicycle tires will now be distributed by KASK America in the U.S., the Italian company announced.
WASHINGTON (BRAIN) — The House of Representatives on Thursday night signed off on the COVID-19 relief package that allocates $310 billion to the depleted Paycheck Protection Program to aid small businesses.
The measure passed 388-5.
MORGAN HILL, Calif. (BRAIN) — Specialized has laid off 7% of its workforce as the company reassess its economic position in the wake of COVID-19's impact on the world cycling market.
KIRKWOOD, Calif. (BRAIN) — The COVID-19 pandemic has canceled yet another industry event: The QBP U of Q Brand Camp 2020, scheduled for Sept. 15-18 at Kirkwood Resort.
SAN DIEGO (BRAIN) — John Forester, considered the father of "vehicular cycling," died last week at age 90.
BLOOMINGTON, Minn. (BRAIN) — With a few exceptions, almost every bike retailer in the country has an account with Quality Bicycle Products, giving the Minnesota-based distributor a wide view of what's happening across the IBD nation.
ASHEVILLE, N.C. (BRAIN) — Cane Creek Cycling Components has resumed limited operations at their North Carolina headquarters after being designated as an essential business by the state.
DOWNERS GROVE, Ill. (BRAIN) — The latest edition of the National Sporting Goods Association's annual Sports Participation in the US report showed a 1.8% increase in participation in wheel sports (which includes bike riding) last year and a 4% increase in bike riding by women.
WASHINGTON, D.C. (BRAIN) — The Senate on Tuesday afternoon agreed to a COVID-19 relief package that will allocate $310 billion to the depleted Paycheck Protection Program to help small businesses.
We've told many stories of shops that remain open, here are four stories of shops that have closed, whether due to government mandate or personal choices.
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