News
IRVINE, Calif. (BRAIN) — Hammerhead, the GPS cycling computer startup acquired by SRAM in January, says Shimano asked it to remove at least some Di2 functions from its Karoo 2 head units.
PITTSBURGH (BRAIN) — Dick's Sporting Goods reported first-quarter net sales decreased 7.5% year-over-year for the period ending April 30.
SYDNEY (BRAIN) — The Australian stock exchange has stopped trading BikeExchange’s stock at the company’s request. According to the stock exchange, the company requested the trading halt because of an expected announcement of “a material capital raising.”
ARLINGTON, Va. (BRAIN) — Conte's Bike Shop will open its eighth location in the District of Columbia region at the National Landing Amazon HQ2 offices early next year.
BOULDER, Colo. (BRAIN) — Outside Interactive, the parent company of Bicycle Retailer & Industry News, has cut its workforce by about 15%, eliminated two of its bike-related titles and reduced or eliminated several print magazines while continuing the titles online.
DANA POINT, Calif. (BRAIN) — The closing session at this year’s Bicycle Leadership Conference was not the flashiest or the best attended. But it probably was the most sobering 60 minutes of the two-day conference.
MILAN (BRAIN) — Asobi Ventures, an Austin, Texas, group that acquired a majority share in Gruppo Srl in 2021, has acquired the remaining shares. Gruppo Srl is the parent of Cinelli and Columbus.
DAYTON, Ohio (BRAIN) — Bruno Maier has been appointed president and COO of United Wheels Inc., the parent company of Huffy, Niner, Batch, VAAST and Royce Union. Claude Jordan, who has been CEO for four years, is retiring and will remain as a senior advisor during the transition.
IRVINE, Calif. (BRAIN) — The Centurion brand that includes road, mountain, and e-bikes is available for U.S. license, according to its licensor JMM Lee Properties.
Electric cargo bikes present the opportunity to transform last-mile deliveries in cities. Will the United States follow Europe’s lead?
FELIXSTOWE, England (BRAIN) — Merida Bikes reported the theft of 133 bikes on Thursday from a container at a Southampton port that was on its way to its logistics facility here.
SCHLITTERS, Austria (BRAIN) — E-bike brand Nox Cycles officially opened its new headquarters in the Austrian Alps on Friday, combining production, administration, warehouse, showroom, and an in-house demo center.
The cost of the facility was 3 million euros ($3.1 million).
MONTEREY, Calif. — Peter Arlein looked out at the swelling Friday crowd at the Sea Otter Classic last month and told a dirty truth.
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