Industry News

Industry News Archive for dates of Wednesday, October 25, 2017 thru Tuesday, November 7, 2017
  • Olympic Marathon Gold Medalist Gets 4-Year Ban for Doping 11/07/2017  runnersworld.com - The 2016 Rio Olympics women’s marathon champion will not have the opportunity to defend her title at the 2020 Games. Jemima Sumgong was handed a four-year suspension from competition on Monday from...
  • Chinese cycling team kicked out race after rider attacks Swiss rivals 11/07/2017  channelnewsasia.com - A Chinese rider with the local Keyi Look team faces severe punishment after attacking members of the Swiss national team at the Tour of Hainan in extraordinary scenes.
  • Triathlon Olympic Champion Gwen Jorgensen Switches To The Marathon For 2020 11/07/2017  flotrack.org - Future prospects for the New York City Marathon got even more exciting as reigning Olympic triathlon champion Gwen Jorgensen officially announced her intent to focus on the 26.2-mile race for the next...
  • Chinese giant Wanda takes first big step in cycling 11/07/2017  velonews.com - Wanda Sports, the Chinese multi-million dollar giant linked to ASO and RCS Sport takeovers, made its first big step in cycling with its Tour of Guangxi last month.
  • BikeExchange recruits Mark Watkin as Global CEO 11/07/2017  cyclingindustry.news - Online cycling marketplace BikeExchange has recruited Mark Watkin to the role of Global CEO. Mark worked for George Patterson Y&R Melbourne for nearly seven years before his appointment as Managing Director at...
  • Kill Cliff: The New On Course Recovery Drink for Tough Mudder 11/07/2017  obstacleracingmedia.com - Tough Mudder, Inc. and KILL CLIFF have partnered to provide KILL CLIFF’s clean label endurance and recovery sports beverages for the 2018 and 2019 US event seasons. KILL CLIFFwill be the official...
  • Spartan Race Forges New Partnership with 24-Hour Fitness 11/07/2017  mudrunguide.com - 24-Hour Fitness becomes the official sponsor and training gym for 26 Spartan Race events throughout the USA. 24-Hour Fitness will offer its members the Spartan “SGX” small group training at over 420...
  • Philly Bike Expo attracts record exhibitor and attendance count 11/06/2017  bicycleretailer.com - The Philly Bike Expo attracted a record number of exhibitors and attendees, organizers said, and the show's first attempt at trade-only hours attracted about 150 registered industry members, including retailers and suppliers....
  • Flanagan scores stunning victory in New York City marathon 11/06/2017  reuters.com - Shalane Flanagan became the first American woman to win the New York City Marathon in 40 years when she claimed a dominant victory over Kenyan three-times champion Mary Keitany.
  • Nine Interesting Numbers About NYC Marathon History 11/06/2017  running.competitor.com - Running Competitor looks back at some of the more interesting numbers that surround the 2017 New York City Marathon.
  • Hoka One One steps up as sponsor of The National Running Show 11/06/2017  endurancebusiness.com - The National Running Show has secured one of the biggest names in running, Hoka One One, as a sponsor for the inaugural show, which takes place on January 20-21, 2018 at Birmingham’s...
  • Jim Felt departing Felt Bicycles 11/06/2017  bicycleretailer.com - Felt Bicycles founder and long-time head of sports marketing Jim Felt will be departing the company he founded in partnership with Bill Duehring, the company. Jim Felt recently had taken part in...
  • The Running Bubble Has Popped. (You Couldn’t Hear It in New York.) 11/05/2017  nytimes.com - The New York City Marathon has far fewer spots available than runners who want to participate. Many other road races throughout the country, however, are seeing a decline in participation.
  • Brian Cookson announces intent to develop women’s team 11/05/2017  cyclingnews.com - Former UCI president Brian Cookson is planning to develop a professional women's team by 2019. The 66-year-old Briton, who lost his bid for re-election to the top post at cycling's governing body...
  • Here’s the damage being lazy for 2 weeks can do to your body 11/05/2017  health24.com - Just two weeks of drastically reducing your physical activity can hurt your body, according to preliminary research presented at the European Congress on Obesity. Scientists noticed significant changes in participants’ body compositions,...
  • If you’re not 3.5% down you’re bucking the trend, Trek CEO tells IBDs 11/03/2017  bikebiz.com - Cycle retail is currently suffering from a downturn globally. BikeBiz estimates that UK bike shop closures are now at their highest rate since the 1960s, and 2017 will see 1 million fewer...
  • Asics Sales Slides 4.4 Percent In North America In Q3 11/03/2017  sgbonline.com - Asics America Group (AAG)’s earnings in the three month period ended September 30 fell 22 percent to ¥782 million ($6.9 mm). Sales were down 4.4 percent to ¥26.6 billion ($234 mm).
  • Dorel bike division’s Q3 revenue down 18% 11/02/2017  bicycleretailer.com - Dorel Industries reported that third-quarter revenue in the division housing, its mass-market and IBD bikes businesses plunged 18 percent. Third-quarter revenue totaled $205.5 million, down $45.2 million from $250.7 million a year...
  • Fox Factory hits new highs in the cycling division as Q3 surges 8.8% 11/02/2017  cyclingindustry.news - Following a busy month of distribution reshuffles, Fox Factory has announced a record quarter of sales in Q3, with bike division sales up 8.8%. Made up of Fox, Marzocchi, Race Face and...
  • Spartan Race Launches Age Group Rankings and 2018 North American Championship 11/02/2017  mudrunguide.com - Spartan announced the addition of Age Group categories to its 2018 obstacle racing season. Competitors across six age groups can now measure their performance on a level playing field with the opportunity...
  • The NYC Tri Killed Its Lottery System—Now You Can Just Sign Up! 11/02/2017  triathlete.com - After eight years of random drawings to select participants, Life Time is opening up the iconic New York City Triathlon to triathletes ready to pay the entry fee.
  • Portland retailer Velotech acquires Trisports.com 11/01/2017  bicycleretailer.com - Velotech, Inc., which owns the multi-channel retailer Western Bikeworks and e-commerce site BikeTiresDirect.com, has acquired the TriSports.com brand and has relaunched it in place of its current triathlon brick-and-mortar store and e-commerce...
  • Smiling Makes You a More Efficient Runner 11/01/2017  outsideonline.com - A new study in the journal Psychology of Sport and Exercise from Noel Brick and his colleagues at Ulster University explored the positive effect of smiling during a race. A hard effort...
  • Two Under Armour Execs Leaving Company 11/01/2017  sgbonline.com - Under Armour confirmed that Andy Donkin, its chief marketing officer, and Pamela Catlett, senior vice president and general manager of women’s and youth categories, will exit the company at the end of...
  • Garmin Q3 revenue up 3% on strong outdoor sales 11/01/2017  bicycleretailer.com - Garmin on Wednesday reported a 3 percent increase in third-quarter revenue to $743 million, but the company's fitness segment — which includes cycling products — saw sales decline 12 percent during the...
  • Enduro racer Lauren Gregg joins Fuji Bikes as mountain bike marketing manager 11/01/2017  bicycleretailer.com - Lauren Gregg has joined Fuji Bikes as the brand's mountain bike marketing manager. She will be leading Fuji's mountain bike marketing including advertising, and sponsorship. She will also work closely with the...
  • Strava Creates ‘Heatmap’ of Athlete Playgrounds 11/01/2017  insideoutdoor.com - Strava unveils their Global Heatmap, an interactive data visualization featuring more than 1 billion activities from Strava athletes across the globe, incorporating a wide variety of year-round land and water activities. Created...
  • Under Armour Exiting Fitness Trackers 11/01/2017  sgbonline.com - Under Armour will stop making fitness trackers and focus on software, according to a report in the Wall Street Journal. Under Armour will still sell its fitness tracker, heart-rate strap and smart...
  • GoPro’s Q3 Sales Jump 37 Percent 11/01/2017  sgbonline.com - GoPro Inc. reported revenue in the third quarter was $330 million, up 37 percent year-over-year,;gross margins were approximately 40 percent; and adjusted EBITDA was $36 million, up $109 million year-over-year.
  • Police ramping up New York City Marathon security after deadly truck attack 11/01/2017  abcnews.go.com - The New York City Marathon is upping its security ahead of Sunday's race, following the truck ramming attack that killed eight in lower Manhattan on Tuesday afternoon. With over 51,000 runners...
  • 16th Annual Nevis Triathlon confirms Unit Nutrition as main sponsor 11/01/2017  endurancebusiness.com - Following the passing of hurricanes Irma, José and Maria, the Nevis Tourism Authority has confirmed that the 16th annual Nevis Triathlon will go ahead on Saturday Nov. 11, with new nutrition brand,...
  • Mo Farah is Leaving Coach Alberto Salazar and the Oregon Project 11/01/2017  runnersworld.com - Mo Farah, the four-time Olympic champion for Great Britain, announced on his social media channels that he has departed the Oregon Project and will no longer be coached by Alberto Salazar, ending...
  • Fitbit Posts $113 Million Loss in Q3 Earnings Report 11/01/2017  inc.com - Fitbit Inc. reported a third-quarter loss of $113.4 million, after reporting a profit in the same period a year earlier. The San Francisco-based company said it had a loss of 48 cents...
  • Fitbit Posts $113 Million Loss in Q3 Earnings Report 11/01/2017  bloomberg.com - Lululemon Athletica Inc., facing increased competition from rival athletic-apparel companies, has dropped a case in which it accused Under Armour Inc. of infringing patents for the designs of sports bras. Lululemon claimed...
  • Under Armour’s Shares Crash On Slashed Outlook 10/31/2017  sgbonline.com - Shares of Under Armour fell $3.89, or 23.7 percent, to $12.52, on Tuesday after the company significantly reduced its outlook for the year due to further erosion in its U.S. business and...
  • Under Armour Again Cuts Guidance On North American Weakness 10/31/2017  sgbonline.com - Under Armour said it now expects sales for the year to rise in the low single digits, compared to a previous forecast of growth of 9-11 percent. Q2 revenues came in...
  • U.S. Bicycling Hall of Fame Announces Four 2017 Inductees 10/31/2017  usacycling.org - The U.S. Bicycling Hall of Fame will induct four legends of American cycling in ceremonies being held Nov 11. The inductees are Roy Knickman (Modern Road & Track Competitor), Lawrence Malone (Off-Road...
  • Eight dead in New York City bike path attack 10/31/2017  velonews.com - According to the New York Police Department’s official Twitter account, the driver entered the path a few blocks north of Chambers Street. NYPD said the driver went south, hitting “multiple” people. Police...
  • Sutton reportedly accepts role at Chinese Cycling Association 10/30/2017  insidethegames.biz - Former British Cycling technical director Shane Sutton has reportedly signed a contract with the Chinese Cycling Association. The Australian is due to be part of China’s coaching team for the International Cycling...
  • Polar opens API for third party developers 10/30/2017  bicycleretailer.com - Polar has opened an application programming interface for developers who want to create links between Polar's devices and platforms and other systems. Polar said the AccessLink API offers opportunities for orgs such...
  • Brooks Running Returns to Double-Digit Growth In Q3 10/30/2017  sgbonline.com - Brooks Running Company reported an 11 percent increase in third-quarter revenue year over year, led by a 14-percent increase in global footwear sales. Success of the company’s footwear business in the third...
  • Skechers Claims Shareholder Lawsuits Without Merit 10/30/2017  sgbonline.com - The lawsuit alleges that, between April 23 and October 22, 2015, the company made materially false statements or omissions of material fact about the anticipated performance of its domestic wholesale business segment...
  • ITU President, Marisol Casado, appointed member of the IOC Coordination Commission for Paris 2024 10/30/2017  triathlon.org - The International Triathlon Union (ITU) announced that President and IOC Member, Mrs. Marisol Casado, has been appointed member of the Coordination Commission for the Olympic Games in Paris 2024.
  • Thule Group sales up 8.5% in recent quarter 10/27/2017  bicycleretailer.com - Thule Group announced that its net sales were up 6.9 percent in its third quarter, the period from July through September. Adjusted for exchange rate fluctuations, sales rose 8.5 percent, to 1,385...
  • TYR Sport Adds Olympian Ross Murdoch To Athlete Roster 10/26/2017  sgbonline.com - TYR Sport welcomed Olympian and two-time World Championship medalist Ross Murdoch to its roster of sponsored athletes. The breaststroke champion joins a growing roster of standout swimmers including 12-time Olympic medalist Ryan...
  • Amgen Tour of California announces stages and host cities for 2018 races 10/26/2017  latimes.com - The 2018 Amgen Tour of California cycling race will start in Long Beach and work its way up to Sacramento through seven stages next spring, event organizer AEG Sports announced. The 13th...
  • Mavic/Enve sales down 10% in first three quarters 10/26/2017  bicycleretailer.com - Sales in Amer Sports' cycling division, which comprises Mavic and Enve, were down 10 percent through the first nine months of the company's fiscal year, and down 8 percent in the third...
  • ‘Fat but Fit’? The Controversy Continues 10/26/2017  nytimes.com - Can you be fit and healthy, even if you’re overweight? And will working out, despite the extra pounds, reduce your risk of a heart attack? The idea that you can be “fat...
  • League of American Bicyclists releases 2017 Bicycle Friendly State Ranking 10/26/2017  endurancebusiness.com - The League of American Bicyclists has released its 2017 Bicycle Friendly State ranking. Washington led the US state rankings, as it has each year since 2008, while Minnesota comes in again at...
  • Turkey Trots in 2017 10/26/2017  runnersworld.com - For many around the country, Thanksgiving is also synonymous with another ritual: the annual turkey trot. Thinking about which one to join?
  • Congratulations! You’ve Entered the Worst Race Ever! 10/25/2017  runnersworld.com - What you would have to do to throw the Worst Race of All Time? Runner's World reveals a seven-step guide, which they guarantee will lead to an unfortunate, unforgettable event.
  • eBay names BicycleBlueBook.com its Sporting Goods Seller of the Year 10/25/2017  bicycleretailer.com - BicycleBlueBook.com was named eBay's 2017 Sporting Goods Seller of the Year at eBay's recent Top Seller Summit in San Jose. BicycleBlueBook.com was recognized for its rapid growth in selling used bicycles on...
  • 4iiii Innovations in official partnership with Cycling Canada 10/25/2017  endurancebusiness.com - 4iiii Innovations and Cycling Canada have formed an exclusive sponsor and supplier relationship that will provide 4iiii PRECISION Powermeters and Viiiiva Heartrate Monitors to Canada’s national cycling team athletes in all Olympic...
  • Nike Sees Mid-Teens EPS Growth Over Next Five Years 10/25/2017  sgbonline.com - Nike officials said they expected earnings per share to grow in the mid-teens on high-single-digit revenue growth over the next five years. The company had already set a target of $50 billion...

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