Day: February 18, 2019

Feb 18 2019

Why You Should Have A Gun While BikingWhy You Should Have A Gun While Biking

A pre-requisite that must not be missed! Those who love biking will tell you what a phenomenal experience it is to be able to enjoy the wilderness as if the

Zwift plans to offer its own hardware following $450 million investment
LONG BEACH, Calif. (BRAIN) — Zwift has raised a $450 million minority investment from a group led by the investment firm KKR, bringing the virtual cycling brand to a valuation of over $1 billion. The company said that among other things it will use the investment to bring out its own hardware, such as an […]
REI sells corporate campus to Facebook for $390 million
SEATTLE (BRAIN) — REI Co-op completed the sale of its new corporate office complex to Facebook for $390 million on Monday. The 400,000-square-foot complex is located in Bellevue, Washington, on about six acres. Site developer Wright Runstad & Company and Shorenstein Properties also purchased an undeveloped two-acre portion of the property. Plans were announced for […]
Calling all retailers: SNEWS invites retailers to weigh in on the outdoor sports and bike industry
BOULDER, Colo. (BRAIN) — SNEWS, a Pocket Outdoor Media title that covers the outdoor industry, is conducting its annual survey of outdoor sports retailers, including bike retailers. Participants in the online survey are eligible to win a $500 gift card. In this short survey, retailers have an opportunity to comment anonymously on the best and worst […]
REI to sell corporate office, move more toward regional locations, remote work
SEATTLE (BRAIN) — REI Co-op will sell its newly completed corporate office in Bellevue, Washington, and intends to transition to regional locations while giving employees more remote working options. REI made the announcement Wednesday as it enters its fifth month of its entire headquarter's staff working remotely because of the COVID-19 pandemic. Plans were announced […]
Administration extends tariff exclusions for Chinese kids bikes
Kids bikes from China will get a break from the trade war tariffs until Dec. 31, but some other products will see an extra 25% tariff again starting midnight Friday.WASHINGTON (BRAIN) — The Trump administration has extended tariff exclusions it earlier granted to importers of most kids bikes and a few other bike products from China. […]
Mellow Johnny's ends sales of police bikes
Citing crowd-control concerns, the Austin location cancels police contract.AUSTIN, Texas (BRAIN) — Mellow Johnny’s Bike Shop Austin no longer will sell bicycles to the Austin Police Department because of concerns over officers using them to control Black Lives Matter protesters. The Austin Police Department has for months used bicycles to block protesters from roadways, according […]
No relief in sight as bike imports can't match demand
As retail sales increased by double or triple digits, bike imports were up just 3% through June.BOULDER, Colo. (BRAIN) — Bike imports are up significantly in recent months, according to U.S. Department of Commerce figures released Wednesday. But importers are still struggling to make up for reduced shipments earlier in the year combined with unprecedented […]
California retailers threatened with lawsuits over their websites' accessibility
ARCATA, Calif. (BRAIN) — At least 15 bike shops in California have received emails and letters from a law firm threatening suits over their websites' compliance with the Americans with Disabilities Act and a California statute. The law firm, representing a blind woman from California, said in the letters that it would seek statutory damages […]
Ride for Racial Justice Announces Ride and Fundraising Event in Boulder
BOULDER, Colo. (July 23, 2020) – Ride for Racial Justice today announces its second ride-event to rally support in the fight against systemic racism in the sport of cycling and beyond. The full-day event on August 2, 2020, seeks to engage in meaningful conversations and celebrate diversity through the freedom of the bicycle while raising […]
Black Lives Matter movement puts Black-owned police bike brand in 'awkward position'
Editor's note: A version of this story ran in the July issue of BRAIN. FRAMINGHAM, Mass. (BRAIN) — In the middle of a pandemic, in the middle of a national discussion about the role of police departments in systemic racism, in the middle of an industry-wide debate about what some call the "abhorrent" misuse of police bikes […]