News

Posted June 17, 2019

CHICAGO (BRAIN) — CABDA Expo organizers have opened exhibitor registration for all three of their 2020 regional trade shows: CABDA West in metro San Diego, CABDA Midwest held outside Chicago, and CABDA East in metro New York City.

Posted June 17, 2019

REDONDO BEACH, Calif. (BRAIN) — Multisport retailer Triathlon LAB, Inc. has been sold to Robert Keating, the a longtime employee and former special operations director. The store was founded by Lloyd and Teresa Taylor in 2003.

Posted June 17, 2019

TEMECULA, Calif. (BRAIN) — Getting kids ages 3-7 on their own two wheels with their parents has been the goal of StaCyc Inc. since its inception in 2016. Acquired by Harley-Davidson Inc. in March, StaCyc is fast-tracking this rite of passage with a three-pronged strategy.

Posted June 17, 2019

We’re currently 10 — 15 years into the rise of what I’ve been calling Bike 3.0: a few large companies and retailers rising to market dominance, pushing competitors into marginal positions or out of business entirely. Has Bike 3.0 actually succeeded? And in any case, what comes next?

Posted June 13, 2019

OLATHE, Kan. (BRAIN) — Gary Burrell, who co-founded Garmin Ltd. with Dr. Min Kao in 1989, died June 12 at age 81, the company announced.

Burrell retired in 2002 and continued to serve as Garmin's co-chairman until 2004 when he was named Chairman Emeritus.

Posted June 13, 2019

A Chinese company that raised millions by launching a connected road bike with crowdfunding campaigns wound up just a few years later gone without a trace except for 800,000 abandoned share bikes.

Posted June 13, 2019

NEW YORK (BRAIN) — Wanda Sports Group, a subsdiary of Chinese conglomerate Dalian Wanda, is hoping to raise a half a billion dollars in an intial public offering on Wall Street this year.

Posted June 13, 2019

BOULDER, Colo. (BRAIN) — Ride Spot offers hand-picked routes in each community, chosen by local bike retailers or other organizations. The routes give beginners an on-ramp to cycling, helping the industry and retailers establish a relationship with the riders that continues after they wheel new bikes out the door. Ride Spot also has features that help bike retailers increase local riding participation, and develop — and market to — a riding community with their store as a hub.

Posted June 12, 2019

SEATTLE (BRAIN) — Evo, an outdoor and action sports retailer with locations in Seattle, Portland, Denver and Whistler, British Columbia, is planning a 100,000 square foot retail operation in Salt Lake City, to be called Campus SLC.

Posted June 12, 2019

LONG BEACH, Calif. (BRAIN) — Propel Bikes, a Brooklyn, New York, retailer that specializes in e-bikes, has opened its second location — this one on the opposite coast.

Posted June 12, 2019
The Human-Powered Travel in Wilderness Areas Act would allow land managers to permit bikes and other human powered vehicles in federal Wilderness areas.

WASHINGTON (BRAIN) — Sen. Mike Lee has reintroduced Senate bill S. 1695, the Human-Powered Travel in Wilderness Areas Act, which would allow local managers to permit bicycles on existing trails and roads in federal Wilderness areas. 

Posted June 11, 2019

SPARTANBURG, S.C. (BRAIN) — Milliken & Company, a textile manufacturer, has signed a definitive agreement to acquire Polartec, a fabric supplier to the markets including outdoor and cycling.

Posted June 11, 2019

VANCOUVER, British Columbia (BRAIN) — Mobile service franchiser Velofix has hired industry veteran Donny Perry as its senior vice president of retail strategy and operations.

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