Bicycle Retailer & Industry News
WEBMerida buys shares in German distributor for $19 million. MAGSTADT, Germany (BRAIN) — Taiwan bike maker Merida Industry Co. Ltd. has acquired an additional 39% stake in Merida & Centurion Germany GmbH from its founder, Wolfgang Renner, for 17.3 million euros ($19.05 million). Merida already owned a 51% share in the distributor.
A 2024 Cyclist Buyer's Guide to America's Best Bicycle Insurance
WEBGAITHERSBURG, Md., Jan. 3, 2024 /PRNewswire/ -- BikeInsure, an insurtech company specializing in bicycle insurance for cyclists in the United States, has released a 2024 Cyclist Buyer's Guide to America's Best Bike Insurance. Today's cyclists need separate bike insurance to protect their new or used bicycles and eBikes from riding, transit, or theft risks.
Upcoming Events | Bicycle Retailer and Industry News
WEB16 hours ago · Date: Tuesday, November 5, 2024 to Thursday, November 7, 2024. The Organizers of the battery industry’s most established networking event announced that the 19th Battery Experts Forum will once again take place at the Darmstadtium Science and Congress Center in Darmstadt from November 5th to 7th, 2024. As part of the networking event, the Who ...
News | Bicycle Retailer and Industry News
WEB5 days ago · Merida buys shares in German distributor for $19 million. MAGSTADT, Germany (BRAIN) — Taiwan bike maker Merida Industry Co. Ltd. has acquired an additional 39% stake in Merida & Centurion Germany GmbH from its founder, Wolfgang Renner, for 17.3 million euros ($19.05 million). Merida …
The new owner of Wiggle and Chain Reaction goes public, plans …
WEBDec 15, 2021 · NEW YORK (BRAIN) — After a merger with Signa Sports United — which calls itself "the hidden champion of sports e-commerce" — well-known bike e-commerce sites Wiggle and Chain Reaction are part of a publicly-traded retail group with about $1.8 billion in annual sales, much of it in the bike segment.
We visit Decathlon's first US 'superstore' - Bicycle Retailer and ...
WEBApr 23, 2019 · Decathlon has adopted its business model to work in 48 wildly different countries on five continents in some 1,600 stores — but is just starting in the U.S. With global bike sales estimated at $2.2 billion in 2018, it is arguably the world's largest bicycle retailer on a revenue-basis, moving some 4.5 million bikes annually, and outfitting more cyclists in its private-label
Bikeshare restructuring plan leads to layoffs, operational changes …
WEBSep 5, 2024 · SAN FRANCISCO (BRAIN) — Bikeshare company Lyft announced a restructuring plan that includes laying off about 1% of its workforce — affecting about 30 employees — and no longer operating standalone dockless bikes and scooters.Lyft said the restructuring plan, included in an SEC filing on Wednesday, will improve its adjusted EBITDA by about $20 million by the end of next year.
No longer with Trek, Gary Fisher is having fun being Gary Fisher at ...
WEBJul 17, 2022 · FRANKFURT (BRAIN) — Some 29 years after selling his bicycle company to Trek and going to work for the Wisconsin brand, Gary Fisher has now been separated from the company since March. At Eurobike, Fisher said he's enjoying being an independent entity again."We parted ways ... so now Gary is going out and doing some Gary things," Fisher told BRAIN, suggesting a theme for this
2023 Bicycle industry events calendar
WEBDec 1, 2022 · 13-15 NYC Bike Expo, New York City. 19-21 Electrify Expo, Long Beach, Calif. 19 National Bike to Work Day. 21 GFNY World Championship, New York City. 21-23 NSGA Management Conference, Nashville. 25-28 Bentonville Bike Festival, Ark. 26-29 Mad Gravel Racing and Cycling Festival Elizabeth, Colo. 28 BWR Vancouver.
Walmart introduces Ozark Trail brand of mountain bikes
WEBApr 3, 2023 · Walmart has used the Ozark Trail brand on outdoor gear for decades, but this is the first time it's been used on bikes. The line includes 24-, 27.5-, and 29-inch wheel size bikes available in-store and online through Walmart.com. The most expensive model is $398 for the 29er, and the 27.5 model is $298. The 24-inch youth model is $198.