Giant Group buys minority share in Stages Cycling in $20 million deal
Giant Group acquires 32.5 percent of Portland-based Stages in bid to expand its presence in the indoor cycling market.
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QBP recalls about 9,000 Salsa and Whiskey carbon handlebars
The handlebars were sold from January 2018 through August 2022.
Layoffs affect about 15% of staff at Strava
The layoffs come as several other companies in the tech and cycling industries have announced staff cuts.
Specialized to ship bikes direct to consumers starting Tuesday
Five ways to buy a bike from Specialized begin on Tuesday, including buying online and having an assembled bike delivered to your door.
Cervélo’s parent company Pon agrees to buy Cannondale’s parent group Dorel Sports for $810 million
Cannondale, Schwinn, and GT to join up with Cervélo, Santa Cruz, and Gazelle.
SRAM sues Princeton CarbonWorks over wheel shape
SRAM claims that PCW is infringing on its patent for a rim shape inspired by a humpback whale flipper.
Transportation Secretary Pete Buttigieg to address League of American Bicyclists
U.S. Transportation Secretary Pete Buttigieg will address the League of American Bicyclists' annual National Bike Summit on Wednesday.
Man sues Trek for $5 million over Bontrager WaveCel helmet safety claims
Claims that WaveCel is "up to" 48 times more effective than its competitors is "false, deceptive and misleading," lawsuit claims.