NEWBURY PARK, Calif. (BRAIN) Giant Bicycles says it is aware of a fraudulent website mimicking its U.S. domain and has started the process of eliminating it by notifying the Federal Trade Commission, which investigates online scams in the U.S., and the brand's global legal team in Taiwan.Allen Needle, Giant's risk manager, told BRAIN on Friday retailers also will be notified
BLOOMINGTON, Minn. (BRAIN) Distributor Quality Bicycle Products and retailer The Pro's Closet each announced workforce reductions this week. Each cited the industry's inventory challenges as a cause.QBP said it reduced its workforce by 5% on Wednesday. The distributor said the layoffs affected multiple departments at the company's U.S. facilities and its U.S. and Canadian