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Industry News

Industry News Archive for dates of Monday, April 17, 2017 thru Sunday, April 30, 2017
  • Brownlees to launch new tri centre in Leeds 04/27/2017  220triathlon.com - On February 28, Alistair and Jonny Brownlee will open The Brownlee Centre, a new £5m University of Leeds sports facility. It will be a new National Elite Training Centre for Triathlon.
  • Under Armour shares surge 10% on smaller-than-expected loss 04/27/2017  cnbc.com - Under Armour reported it swung to a net loss of $2.3 million, or a penny per share, for the first quarter, from a profit of $19.2 million, or 4 cents per share, a year earlier. Sales climbed nearly seven percent to $1.12 billion from $1.05 billion a year earlier, boosted by increases in wholesale and direct-to-consumer revenues.
  • Sports Direct plunges $101 million into Eastern Mountain Sports to gain U.S. foothold 04/26/2017  cyclingindustry.news - UK retail giant Sports Direct has bought Eastern Mountain Sports for $101 million, giving owner Mike Ashley a foothold in the U.S. market. Already operating 700 stores around the globe, Ashley will add around 50 more stores, as well as a U.S. e-commerce platform.
  • Women’s Versus Men’s Pay In Trail And Ultrarunning 04/26/2017  irunfar.com - Gender inequality is one of the longest-standing debates the human race has endured. As with most sports, the fields of trail and ultrarunning are not exempted from this battle of the genders.
  • ITU President, Marisol Casado, appointed to four IOC Commissions 04/26/2017  triathlonbusiness.com - The International Triathlon Union has announced ITU President and International Olympic Committee member, Marisol Casado, has been appointed to four of IOC Commissions. She will serve on the Women and Sport, Olympic Solidarity, Public Affairs and Social Development Through Sport and Evaluation for the Games of the XXXIII Olympiad Commissions.
  • Krys renews with the Tour de France 04/26/2017  sportspromedia.com - Optician Krys will be a sponsor of cycling’s Tour de France for a further three years. The French company will continue to be the official opticians of the sport’s most prestigious multi-stage road race and a member of the Club Tour de France.
  • Livestrong revenue dropped again in 2015, trending up now 04/26/2017  usatoday.com - The Livestrong cancer charity saw a fundraising and contributions nosedive in 2015 for a third straight year after founder Lance Armstrong's performance-enhancing drug scandal. Despite this, donations are rising over the last year, including the first $1 million pledge of the decade, and patient services have expanded.
  • The World’s Fastest Marathoners (and Marathons) 04/26/2017  runnersworld.com - Here is a listing of the fastest courses for men and women, as well as the 10 fastest marathoners in history on record-eligible courses, and the progression of the world records over the last 28 years.
  • Newton Running’s Danny Abshire’s Exits In Reorganization 04/25/2017  sgbonline.com - Newton Running’s co-founder Danny Abshire has exited the company and Jerry Lee, the company’s other co-founder and original investor, has returned as the firm’s company’s CEO and primary shareholder as part of a reorganization.
  • 15 Social Media Accounts Every Runner Should Follow 04/25/2017  runnersworld.com - Social media can be a distraction and a time drain, but it can also be a source of inspiration and motivation. The right accounts can help you see that others understand and commiserate with your struggles, as well as inspire you to train harder, run better, and be stronger.
  • Shimano bike component sales nearly flat in first quarter 04/25/2017  bicycleretailer.com - Shimano's bike-related sales were down 0.9 percent in the first quarter compared with the same period last year, while operating income in the segment was down 3.2 percent.
  • Accell appoints interim CEO as turnover to date mirrors 2016 04/25/2017  cyclingindustry.news - The Accell Group has announced the appointment of Hielke Sybesma, current CFO of the group to the role of interim CEO, replacing the outgoing René Tekens. Tekens remains as an advisor.
  • Run Specialty’s Digital Disconnection 04/25/2017  sgbonline.com - Run specialty continues to face the task of reaching out to today’s increasingly digital consumer. Trained to offer personalized service at the store level, many stores are forced to make an awkward shift toward engaging the consumer - who now wants to interact and purchase online.
  • Boardman Bikes lets Brownlees go as investment focus shifts to Performance Centre 04/24/2017  cyclingindustry.news - Boardman Bikes has issued a press statement outlining a slimming of its supported professional athlete roster in favour of allocating funds to making “everyone faster”. Announcing that the brand will separate from triathlon stars Alistair and Jonathan Brownlee, the firm said that the money saved will be reallocated toward product R&D and the brand’s soon to launch Evesham Performance Centre.
  • Mike Unger named as USA Swimming’s Interim CEO 04/24/2017  triathlonbusiness.com - National swimming governing body, USA Swimming, has announced that Mike Unger, ‘USA Swimming Chief Operating Officer and a dedicated employee since 1993’, has been named Interim CEO for the 400,000-member organisation.
  • Newton Running Reorganizes Without Its Original Visionary 04/24/2017  runnersworld.com - The company promises to return to its focus on serious runners who want to run more efficiently.
  • Local Athlete Dies during IRONMAN in the Woodlands 04/22/2017  abc13.com - Local athlete Glen Bruemmer died while competing in the Ironman triathlon in The Woodlands on Saturday morning. An experienced triathlete, he died during the swimming portion of the event in Lake Woodlands.
  • Brownlees Aboard Scott Thru 2020 04/21/2017  slowtwitch.com - The British duo of Jonny and Alistair Brownlee are moving from British bike maker Boardman to Scott bicycles. The deal between Scott and the Brownlees also includes Scott helmets and cycling shoes as well as Syncros handlebars, seat posts and stems.
  • Is Running Good For The Planet? Many Events Are Going Green 04/21/2017  running.competitor.com - With all the sweat and fresh air, running feels like a healthy activity. But with all of the litter and traffic or damage to wild trails caused by races, how beneficial is running for the planet?
  • When Athletes Dope, Not All Sports Are Created Equal 04/21/2017  outsideonline.com - Why does the use of banned substances seem to be a greater ethical weight for some athletic disciplines, like running and cycling, than for others?
  • Boulbol and Sims form new PR agency, Simbol. First client: Wolf Tooth 04/20/2017  bicycleretailer.com - Industry veterans Nic Sims and Scot Boulbol have formed a new PR/marketing agency, called Simbol Communications. The company's first client is Wolf Tooth Components.
  • Skechers Hits Historic Financial Milestone in Q1 04/20/2017  footwearnews.com - With help from its booming international business, Skechers USA Inc. has kicked off fiscal year 2017 on a high note. The casual footwear maker announced that it logged its first billion-dollar quarter in Q1, with sales advancing 9.6 percent to hit $1.07 billion — which also topped market watchers’ bets for sales of $1.06 billion.
  • Study Finds: Running Is Contagious 04/20/2017  gearjunkie.com - More than one million runners, 217 million miles, and five years of study reveal runners influence each other’s habits. And they’re competitive about it.
  • Hershey to sponsor USATF 2017 National Junior Olympic Track & Field Championships 04/19/2017  usatf.org - Adding a new element to its partnership with USATF, The Hershey Company will be the title sponsor of the 2017 USATF Hershey National Junior Olympic Track & Field Championships. Taking place July 24-30 in Lawrence, Kansas, the Junior Olympics is USATF’s largest single event, with up to 10,000 youth athletes participating each year.
  • Spartan Race Kicks Off U.S. Championship Series with Live Streaming Race Day 04/19/2017  mudrunguide.com - This year in addition to filmed for NBC Sports, Spartan Race will be hosting live coverage of the event on their Facebook, YouTube, and Spartan.com website during the race Saturday.
  • Honey Stinger Adds Sales And Marketing Hires 04/19/2017  sgbonline.com - Patrick Leslie will fill the role of east coast regional account manager for grocery; Erin Ross will manage inside grocery sales; Abbie Durkee will become the new N. Calif. field representative; Shannon Grasser will manage eCommerce, promotional and athletic program sales; Mac Kelly will manage sales for collegiate and high school athletic programs and Kirsten Tidik will become a seasonal marketing event representative.
  • Sports Direct Purchases 7.9 Percent In Finish Line 04/19/2017  sgbonline.com - Sports Direct, which earlier this year agreed to purchase Eastern Mountain Sports and Bob’s Stores in bankruptcy proceedings, has acquired a 7.9 percent stake in The Finish Line Inc., according to a regulatory filing.
  • Mike Ferrentino joins Uncommon Communications 04/19/2017  bicycleretailer.com - Mike Ferrentino has joined Uncommon Communications, a Colorado-based public relations and marketing strategy company. Ferrentino is the former marketing head of Santa Cruz Bicycles and longtime contributing editor for Bike magazine.
  • Strava for iPhone now features running & cycling Club Events 04/18/2017  9to5mac.com - Strava has a new version of its iPhone app out that includes a major new feature: access to Club Events for runners and cyclists without using the web. Strava says club administrators now have the ability to create events right from the Strava app and post event details with other club members.
  • Sena hires Chris Clarke to lead new cycling division 04/18/2017  bicycleretailer.com - Sena, which is preparing to release a Bluetooth-integrated cycling helmet, has hired bike industry veteran Chris Clark to lead its new cycling division. The company has previously offered Bluetooth-connected products in the motorsports, action sports, and outdoor activities market.
  • Pivot Cycles and Utah Cycling League announce multi-year partnership. 04/18/2017  bikebiz.com - As the founding sponsor of the Arizona Interscholastic Cycling League, Pivot Cycles has expanded its support of youth racing. The brand will now act as a platinum-level sponsor of the Utah High School Cycling League for 2017 and 2018. Pivot will supply a number of bikes to the league and will also set up and staff – with the support of their Utah dealer Go-Ride – a Pivot Chill Zone at every race event.
  • Adidas apologizes for email congratulating runners on ‘surviving’ Boston Marathon 04/18/2017  usatoday.com - Adidas said it was "incredibly sorry" after the company sent a tone-deaf email to Boston Marathon participants on the day after the 2017 Marathon. The email's subject line read: "Congrats, you survived the Boston Marathon!" - four years after bombs exploded at the finish line at the 2013 Boston Marathon, killing three people and injuring more than 260.
  • Silipos Announces Partnership with Running Room 04/18/2017  broadwayworld.com - Silipos announced a new partnership with Running Room, Canada's largest running and walking retailer with 117 stores. Running Room will offer a group of products from Silipos Active, a line with focus on the outdoor, active lifestyle, designed to prevent and relieve pain associated with a variety of common ailments.
  • Garmin To Title Sponsor Kansas City Marathon 04/17/2017  sgbonline.com - The Kansas City Marathon announced that Garmin International Inc. will serve as the race’s new title sponsor. The race, scheduled for October 21, will be branded “The Kansas City Marathon presented by Garmin” – and will feature significant integration of the Garmin brand, its products and its inspirational Beat Yesterday campaign.

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