News
DUBAI, United Arab Emirates (BRAIN) — A newly opened bike shop is now the UAE's exclusive Cannondale distributor.
The Cyclery in Dubai was opened by the Emsons Group, a family-owned business with roots in the UAE for more than 100 years.
WASHINGTON (BRAIN) — Importers will be able to bring in many bicycle products from China for an extra nine months without paying Section 301 tariffs that the Trump administration imposed starting in 2018.
WILMINGTON, Del. (BRAIN) — A bankruptcy court is auctioning the remaining assets of CleverTraining, an e-commerce site that once offered cycling, triathlon and other endurance sports gear. Also being auctioned are the assets of Olympia Sports, the former Northeast sporting goods retailer.
WASHINGTON (BRAIN) — The Consumer Product Safety Commission is working with Gyroor, a Chinese e-bike maker, to recall about 3,000 Gyroor C3 e-bikes because the battery packs can ignite.
BOULDER, Colo. (BRAIN) — For our December magazine edition, we asked our State of Retail panel members: What plans and predictions do you have for your business in 2023?
A Q&A with Claudia Wasko, head of Bosch eBike Systems in North America.
PARK CITY, Utah (BRAIN) — Bingham Cyclery, a 60-year-old Salt Lake City retail mainstay, is opening a location in Park City to serve a growing e-bike market.
It's Bingham's fifth location and its first in Summit County. It will stock e-bikes exclusively.
VERONA, Italy (BRAIN) — An Italian investment group, UTurn Investments, has made an investment in component and bike brand 3T. René Wiertz and Gérard Vroomen will remain shareholders and managers.
The company said it has sales of 20 million euros ($21.2 million) per year and an EBITA of 5 million euros.
BREMBRATE, Italy (BRAIN) — A private equity investment company announced it will acquire a majority stake in Vittoria. The transaction is expected to close early next year.
Here's what to expect during the long, dark winter ahead.
WESTMINSTER, Md. (BRAIN) — White's Bicycles owner Bradley White was killed when his shop caught fire early Monday morning. He was 55.
KINGSFORD, Mich. (BRAIN) — Steven Pringle, the owner and operator of Build a Bicycle and Bicycle Therapy in Michigan's Upper Peninsula, died Nov. 23 in an auto accident in Florida. Pringle was driving to deliver free bikes to kids who were displaced by Hurricane Ian.
SEATTLE (BRAIN) — Rad Power Bikes had another round of layoffs following two previous cuts this year. The direct-to-consumer brand did not say how many employees were let go.
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