News
BOULDER, Colo. (BRAIN) — For our February magazine edition, we asked our State of Retail panel members: What are you doing to ensure the success of your business over the next five-plus years?
TOKYO (BRAIN) — Shimano announced full-year 2023 sales in its bicycle division of 364,679 million yen ($2.42 billion) on Tuesday, a 29.5% decrease from the year before. Operating income in the division was down 55%, to 65,251 million yen.
NEWBURY PARK, Calif. (BRAIN) — Giant Group will sell bikes through about 25 specialty stores owned by Dick's Sporting Goods, including House of Sport, Public Lands, and Moosejaw locations.
NEW YORK (BRAIN) — City Lithium-ion Task Force officials closed a Queens e-scooter business last week saying the location was rebuilding lithium-ion battery packs into what it labeled "Frankenstein batteries" that violated the city fire code.
The more things change, the more they stay the same, and 2024 will be no exception
BOULDER, Colo. (BRAIN) — PeopleForBikes will shut down the Ride Spot mobile app after nearly five years on Feb. 29 to devote resources to its infrastructure project and advocating for better policy.
STOCKHOLM (BRAIN) — Thule Group's year-over-year net sales for the fourth quarter decreased 5% while yearly sales were down 10% compared to 2022 as bike-related product sales continued to decline.
Brian Jenks, the owner of Hubbub, a retail store and e-commerce business, responds to a recent Outside Online article by Eben Weiss titled “There’s No Good Reason to Buy a Carbon Bike.”
STOCKHOLM (BRAIN) — Despite some bike helmet sales growth in the Sport sub-category, MIPS' fourth-quarter net sales decreased 15% year-over-year while yearly net sales were down 37%.
SAN MATEO, Calif. (BRAIN) — GoPro Inc. fourth-quarter revenue declined 8% year-over-year as did its 2023 revenue despite camera sell-through increases in the second half of the year.
BRUSSELS (BRAIN) — Belgium e-bike brand Cowboy has started an at-home mobile service to support its European riders.
OAK PARK, Ill. (BRAIN) — Some air travelers who hope to bring a bike on their trip are running into road blocks with Southwest Airlines. The wording in the carrier's bike policy is confusing and travelers say it is enforced inconsistently.
SOUTH KINGSTOWN, R.I. (BRAIN) — A man is suing Shimano North America and Trek Bicycle for $2 million in damages after his bike's Shimano V-brake lever impaled his thigh during a fall on a bike path.
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