News

Posted July 26, 2023

OLNEY, Ill. (BRAIN) — Magura USA is offering free online tech training for dealer mechanics as well as OE brands and distributors. For shops, the training can lead to stores being labeled as Magura Service Centers, which are promoted on the brand’s dealer locator.

Posted July 26, 2023

SAN FRANCISCO (BRAIN) — Lyft is listening to purchase and investor offers for its e-bike and e-scooter bikeshare division, according to a blog post on its website on Monday.

Posted July 25, 2023
Now it's up to the CPSC to decide — and if any other bike regs should be updated.

WASHINGTON (BRAIN) — A 60-day comment period ended Monday, giving interested people an opportunity to weigh in on whether federal bicycle safety requirements – in particular a requirement that sidewalk bikes have coaster brakes —  are outdated.

Posted July 25, 2023

OSAKA, Japan (BRAIN) — Shimano says interest in bicycles globally continues as a long-term trend, but that macro-economic conditions and industry inventory levels contributed to a 17.7% decline in sales in its bike business in the second quarter this year, compared to the same period last year.

Posted July 24, 2023
Deadline was Monday to submit public comments online.
Getty Images

WASHINGTON — The last time the Consumer Product Safety Commission took an in-depth look at its bicycle safety regulations, it was the mid-1970s and the industry was just emerging from that decade's bike boom. The agency had only been launched in 1972.

Posted July 24, 2023

DERBYSHIRE, U.K. (BRAIN) — British apparel brand Rab, which entered the bike apparel market earlier this year, is introducing a new hangtag for its apparel and sleeping bags showing the product's recycled content, fluorocarbon status and production information.

Posted July 24, 2023

SEATTLE (BRAIN) — Outdoor brand Outdoor Reseach plans to enter the mountain bike apparel market next spring with an eight-piece line called the Freewheel MTB Collection.

Ahead of that launch, OR is a "Principle-Level" sponsor of Crankworx Whistler 2023, the mountain bike festival opening Friday.

Posted July 24, 2023

SACRAMENTO, Calif. (BRAIN) — A California lawmaker has introduced a bill that would make it illegal for kids under 12 to operate an e-bike. It also would require e-bike riders who don't have driver's licenses to take an online test and have state-issued identification.

Posted July 21, 2023

BERLIN (BRAIN) — Former Accell Group CEO Anthonie "Ton" Anbeek will join the board of Signa Sports United next April.

Posted July 21, 2023
The division includes the bike brands Bell, Giro and Fox Racing. Vista confirms plans for split later this year
Eric Nyman

ANOKA, Minn. (BRAIN) — Vista Outdoor has appointed former Hasbro COO Eric Nyman as CEO of its Outdoor Products segment, a business unit that includes the cycling brands Bell, Giro, Fox Racing and QuietKat, as well as CamelBak.

Posted July 21, 2023

STOCKHOLM (BRAIN) — Helmet technology company MIPS was fined SEK 1.7 million ($163,660) after CEO Max Strandwitz disclosed insider information regarding the bike market during an interview in a financial publication.

Posted July 20, 2023
Xinerter helmet.

WASHINGTON (BRAIN) — The Consumer Product Safety Commission issued consumer warnings to stop using two Chinese sellers' bike helmets that failed to meet federal safety standards.

Posted July 20, 2023

STOCKHOLM (BRAIN) — Continuing decreased bike helmet demand contributed to MIPS' net sales declining 51% year-over-year in the second quarter.

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