News
NEWBURY PARK, Calif. (BRAIN) — After initially being unavailable to comment to BRAIN, Giant Group and Orbea each now say they have halted business in Russia due to the country's invasion of Ukraine.
(BRAIN) — European motorcycle equipment manufacturer 2Ride Group acquired California-based bike and moto protective gear brand Troy Lee Designs from SBJ Capital. 2Ride Group's majority owner, Eurazeo, is France's largest private equity fund.
BEVERLY, Mass. (BRAIN) — Parlee Cycles has sold out of T-shirts created to promote solidarity with Ukraine and to aid in humanitarian relief efforts in the war-torn country.
(BRAIN) — Two European cycling industry associations started a campaign to reduce plastic and eliminate unnecessary packaging.
Recently published U.S. patent applications show that Tektro – a brand known mainly for its brakes – has been working on electronic derailleurs and shifters.
(BRAIN) — Brompton Electric issued a recall Monday on all of its e-bikes to replace the front mudguard stay to increase tire clearance and a more secure latch to prevent excessive battery bag movement that can result in disconnections.
COLUMBIA FALLS, Mont. (BRAIN) — Moving away from the Kickstarter era, many bike startups are running campaigns that award supporters with a stake in their company, rather than just a discounted product.
TAIPEI, Taiwan (BRAIN) — More than 13,500 people attended the four-day in-person TAIPEI Cycle trade show for the Asian industry that ended Saturday.
SEATTLE (BRAIN) — Kona Bicycles, cheerfully independent for a third of a century, is now part of an Ohio-based outdoor sports group, Kent Outdoors. For about a year, Kent, a long time family-run business, has been in the hands of Boston-based private equity firm, Seawall Capital.
MILAN (BRAIN) — PIrelli announced Thursday that it would halt its operations in Russia except for security tasks.
WASHINGTON (BRAIN) — Specialized Bicycle Components notified the Consumer Product Safety Commission that it is expanding the Sirrus model bike recall because of a fall and injury hazard regarding the alloy cranks.
MILAN, Italy (BRAIN) — Most bike suppliers tell BRAIN they have stopped doing business in Russia following the country’s invasion of Ukraine. The decision to end business there is due to the difficulty of operating under banking sanctions and the voluntary decision by some shipping companies to stop delivering in Russia. Or a happy coincidence of both.
MORGAN HILL, Calif. (BRAIN) — Specialized founder Mike Sinyard has appointed former Dyson executive Scott Maguire as CEO of the company; Sinyard steps into a new role as "Founder, Chairman and Chief Rider Advocate" 48 years after founding the company.
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