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Industry News

Bicycling Contributes $3.67 Billion to U.S. Economy

  • Ron 

New federal data from the U.S. Bureau of Economic Analysis shows bicycling contributed $3.67 billion to the U.S. economy in 2024, highlighting the bike industry’s growing role within the $1.26 trillion outdoor recreation economy.

EF Pro Cycling Launches Search for Strategic Partner

  • Ron 

EF (Education First) is launching an unprecedented and unique opportunity, opening the first naming rights for EF Pro Cycling to an additional partner ready to shape the next era of professional cycling together with EF.

YT Industries founder Markus Flossman

Markus Flossmann Revives YT Industries

  • Ron 

YT Industries is back after founder Markus Flossmann has repurchased the brand and plans to leading it into a new era under the newly established YOUNG TALENT INDUSTRIES GmbH.

Hammerhead Karoo 2

SRAM acquires Hammerhead

  • Ron 

SRAM today announced that they have acquired cycling technology company Hammerhead, maker of the Karoo 2 cycling computer. Hammerhead will join SRAM’s portfolio of brands and will continue to develop new products under the new ownership model.

Kitsbow moves to employee-owned model

  • Ron 

Kitsbow, maker of premium cycling clothing and accessories, has moved to an employee-owned model with the assistance of a group of local North Carolina investors.

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