News

Posted January 31, 2019
Acquisition brings VeloNews and BRAIN under the same management.

BOULDER, Colo. (BRAIN) — Pocket Outdoor Media, best known for publishing VeloNews, has acquired Bicycle Retailer & Industry News from Emerald Expositions.

Posted January 30, 2019

BREVARD and HENDERSONVILLE, N.C. (BRAIN) — Sycamore Cycles is expanding into a neighboring space at its flagship store in the mountain bike destination of Brevard, North Carolina, and will relocate its second store, 22 miles east in downtown Hendersonville, to a larger space in a revitalized historic neighborhood.

Posted January 29, 2019
Seeking new capital, founder John Parker says, 'Certainly we haven't made our last bike.'

DURANGO, Colo. (BRAIN) — Underground Bike Works, the mountain bike brand launched into the market last year by Yeti Cycles co-founder John Parker, has closed following the death of a key investor last summer. Parker said he is seeking new investment to reopen the company.

Posted January 29, 2019

As 2019 began, I was sitting in front of my computer contemplating the last 62 years that I have spent in the American bicycle business.

Posted January 28, 2019
E-bikes drive up average selling price.

BOULDER, Colo. (BRAIN) — Full-year numbers from the Bicycle Product Suppliers Association show a slight uptick in the overall value of bikes sold last year, but a significant decline in the numbers of bikes sold. 

Posted January 25, 2019

NEW YORK (BRAIN) — Folding bike, e-bike and scooter shop NYCeWheels has permanently closed its storefront but is still operating online, according to its website. Numerous attempts by BRAIN to reach store representatives for comment on the closure were unsuccessful.

Posted January 24, 2019

MEMPHIS, Tenn. (BRAIN) — Clark Butcher, owner of neighboring Memphis shops Victory Bicycle Studio and Pedaltown Bicycles, is removing the wall between the two stores and combining them under the Victory name.

Posted January 23, 2019

BIG BEAR LAKE, Calif. (BRAIN) — Two children of innovative bike designer Dan Hanebrink, who died of natural causes in late December at age 80, are continuing to serve Hanebrink Bikes' existing customers.

Posted January 23, 2019
Sales hearing is continued until next week after Head says $9 million in cash should be included in the sale. A bid by Ideal Bike might get another chance.

CHAPEL HILL, N.C. (BRAIN) — Head's bid to buy the assets of Advanced Sports Enterprises has become "problematic," in the words of one of ASE's attorneys, or "a gosh awful mess," in the words of the bankruptcy judge.

Posted January 22, 2019

STEINHAUSEN, Switzerland (BRAIN) — Skins, an Australia-born brand that made its mark with compression clothing, has filed for bankruptcy in Switzerland.

Posted January 22, 2019

SACRAMENTO, Calif. (BRAIN) — The North American Handmade Bicycle Show is adding a trade element to its event. This year the show will grant retail buyers early access to the show each of its three days.

Posted January 22, 2019
At last week's auction, a group led by Ideal Bike outbid Head Sports for ASE's assets by $1 million. But ASE said Head's bid was best, and charged that Ideal had sold Fuji and Kestrel bikes last month in violation of a court order.

CHAPEL HILL, N.C. (BRAIN) — Two sales hearings, scheduled for Tuesday morning here for the assets of Advanced Sports Enterprises, have been continued to Feb. 1.

Posted January 21, 2019

In Part One of this series, I discussed how the US bicycle business got to where it is today. In this section, we explore what that evolution means for the business mechanics of our industry.

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