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NEW YORK (BRAIN) — The City Council met with the city's Committee on Consumer Worker Protection on Monday to discuss a bill that would require third-party delivery app companies like DoorDash to provide workers access to certified e-bikes and batteries and another that would require workers taking an e-bike safety c
TOKYO (BRAIN) — Shimano is reporting that sales in bike-related products were down 24.8% in the first three quarters of its fiscal year, compared to the same period last year. The company's operating income in its bike business was down 48.8% over the same period.
FORT MILL, S.C. (BRAIN) — Continental Tire has named Quality Bicycle Products its "Preferred Distributor in the US and Canada," and the German tire company said QBP, which has been selling Continental products for more than a decade, will begin carrying a wider selection this fall.
PARK CITY, Utah (BRAIN) — Signa Sports United has closed its U.S. offices, which included operations for the Vitus and Nukeproof bike brands and the Hotlines wholesale distribution business, all based in Park City.
PARK CITY, Utah (BRAIN) — Lost Paddle Events will produce two e-bike events next year: a second edition of its (e)revolution Denver show in late May preceded by a new outdoor trade/consumer show in Orange County, California, in April.
COSTA MESA, Calif. (BRAIN) — Selle Royal Group is now the sole owner of distributor Highway 2; the Italy-based group previously owned 50% of Highway 2 in partnership with Continental Tire.
BENTONVILLE, Ark. (BRAIN) — The Consumer Product Safety Commission will consider regulating micromobility devices, including e-bikes, but don't expect anything final to come before 2025.
BERLIN (BRAIN) — E-commerce giant Signa Sports United says it is taking legal steps after a holding company terminated a 150 million euro equity commitment.
BENTONVILLE, Ark. (BRAIN) — A new federal study of micromobility injuries and deaths found that injuries associated with all micromobility devices increased nearly 21% in 2022 from 2021.
Staying small and lean seems to work, at least for some non-aligned dealers.
(BRAIN) — Vista Outdoor, which is planning on spinning off its outdoor sports business unit into a separate company this year, will sell off its shooting sports businesses first in a $1.91 billion deal with Czechoslovak Group a.s. ("CSG").
SEATTLE (BRAIN) — REI Co-op announced in an email to employees that it is cutting about 275 jobs in a restructuring of store roles — including the elimination of the sales leads — and revamping scheduling.
WATERLOO, Wis. (BRAIN) — Trek Bicycle's Red Barn Refresh program's e-commerce site is live, offering used road, mountain, electric, and kids bikes in the industry's first trade-in program.
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