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WASHINGTON (BRAIN) — SRAM is working with the U.S. Consumer Product Safety Commission to recall i-Motion 3 three-speed internal gear hubs with a coaster brake that were sold on some Electra model bicycles with no redundant braking system.
Ages ago, we sold bicycles and those bicycles had sustainable margins. Today, margins on most new retail goods are shrinking and while we’ve figured out that we can’t give stuff away, we still give away a free tuneup with some bike sales.
OLATHE, Kan. (BRAIN) — Garmin Ltd. on Wednesday reported a 4 percent jump in fourth-quarter revenue, to $932 million, as the company's aviation, marine, outdoor and fitness businesses grew a collective 13 percent compared with a year earlier. Revenue for the full year rose 7 percent to $3.35 billion.
BENTONVILLE, Ark. (BRAIN) — This community, which already has hosted an IMBA World Summit, Outerbike and other bike events, will be home to the new Innovation Cycles Festival in mid-September. "Think of it as Ted Talks for the e-bike industry," said event organizer Nat Ross.
Stick the word “nasty” in a sentence and it’s guaranteed to spark curiosity among our faithful readers.
CHARLOTTE, N.C. (BRAIN) — Kask America began selling direct to U.S. and Canadian dealers on Jan. 1 and will continue sales through its existing distributors through early spring as it transitions to an exclusively dealer-direct model.
PHILADELPHIA (BRAIN) — Advanced Sports Inc., the distribution arm of Advanced Sports Enterprises, is now ready to return to full-scale business, selling Fuji, Kestrel, Breezer, SE Bikes and its other brands to U.S. retailers.
LAS VEGAS (BRAIN) — Panasonic, an e-bike pioneer that has been on the sidelines of the mid-drive motor boom, is making a new bid for market relevance by announcing a partnership with Kent International.
DETROIT (BRAIN) — General Motors is now accepting preorders in three European countries for its new e-bike line. The company also announced the results of its crowdfunding contest to give the bikes a brand name; the new name is ARĪV. The ARĪV line includes two models.
SCHAUMBURG, Ill. (BRAIN) — The Chicagoland Area Bicycle Dealers Association will continue to expand its reach far from the shores of Lake Michigan in the next 12 months.
CABDA's Midwest show closed Thursday and organizers announced two new venues for its next season.
BROOKLYN, N.Y. (BRAIN) — Industry associations continue to lobby against the 25 percent tariffs imposed on Chinese-made electric bikes and motors. But many suppliers and retailers say most premium brands typically sold at IBDs are not affected, since these bikes don’t come from China.
The president of Trek disputes the idea that industry lacks leadership and vision.