ASE, owner of Performance Bicycle and ASI, files for Chapter 11 | Bicycle Retailer and Industry News

CHAPEL HILL, N.C. (BRAIN) — Advanced Sport Enterprises, the 2-year-old company that is parent to the Performance Bicycle retail chain, Bike Nashbar and distributor ASI, filed for Chapter 11 bankruptcy protection Friday morning. The move is likely to lead to the closure of at least 40 Performance stores in the coming months; the chain currently has 104 locations.

Source: ASE, owner of Performance Bicycle and ASI, files for Chapter 11 | Bicycle Retailer and Industry News

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Tern improves its already awesome folding Vektron and SUV-like GSD cargo bikes | Electrek

We’re here at Interbike and between bombing Northstar Mountain on any mountain bike we can get our hands on and speeding around the test track on powerful new e-bikes. We stopped by Tern to s…

Source: Tern improves its already awesome folding Vektron and SUV-like GSD cargo bikes | Electrek