Latest Sports Breaking News
April 18, 2025
Revel Bikes Closes Down Just Days After Debuting New Rides
Colorado-based Revel Bikes is going out of business, a sales manager for the company confirmed to GearJunkie on Friday. The news comes just days after Revel debuted three new bicycles at Sea Otter, one of the bike industry’s biggest annual events. Gear Junkie
April 17, 2025
Trek tells retailers of immediate price increases
Trek and Electra retailers were informed Thursday by email that bike prices for most models will rise immediately because of the 10% tariff surcharge announced April 2, increasing costs "to a level that needs to be addressed." Bicycle Retailer
April 17, 2025
Strava to Acquire Runna Running Training App
Strava, the app for active consumers, announced that it has entered into a definitive agreement to acquire Runna, a UK-based tech company developing personalized running training plans and coaching. SGB Media
April 16, 2025
Specialized announces pricing strategy to account for increased tariffs
Specialized Bicycles informed retailers that it will list a 10% additional tariff surcharge on a separate line item on B2B invoices for the new Turbo Levo 4 e-MTBs ordered after May 1. Orders shipped before that date will not include the surcharge. BRAIN
April 14, 2025
Canyon reduces US workforce, but not because of recent tariff increases
Canyon Bicycles has laid off an undisclosed number of employees in the U.S., part of an "an ongoing process" and not tied to changing tariff policy. Canyon is employing a "shifting gears roadmap" to strengthen its D2C presence, drive swifter product development, and grow new markets. BRAIN
April 10, 2025
Guardian Bikes Powers American Comeback with Nation’s First High-Volume Bicycle Frame Manufacturing Plant
Guardian Bikes, the nation's leading direct-to-consumer kids' bike brand, has announced a $19 million financing with JPMorganChase to launch the first large-scale bicycle frame manufacturing operation in the United States. PRN
April 8, 2025
Brooks and Disney Team Up on Colorful Running Collection Featuring Ghost Max 2 and Adrenaline GTS 24 Sneakers
Brooks and Disney have joined forces add a bit of magic to the runningexperience with the limited-edition Brooks x runDisney collection.
April 8, 2025
Interactive Strength Inc. (NASDAQ “TRNR”) Signs Binding Agreement to Acquire Wattbike, a $15M+, Omni-Channel, Connected, Indoor- Performance-Bike Business
Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or the "Company"), maker of innovative specialty fitness equipment under the CLMBR and FORME brands, today announced it has signed a binding transaction agreement to acquire Wattbike. Yahoo Finance
April 7, 2025
At Boston Marathon, authorities will be watching ‘broad set’ of potential targets
At this year’s Boston Marathon, 12 years after the deadly marathon bombing, law enforcement will be watching “a broad set of potential soft targets for an attack,” according to a bulletin obtained by ABC News. Daily Dodge
April 3, 2025
Borealis Fat Bikes suspends bike purchases due to tariffs
Borealis Fat Bikes said it is temporarily suspending inventory purchases for the 2025-2026 season because of the Trump administration's tariff policies. Borealis Founder and CEO Steve Kaczmarek said "responsible planning" is impossible in the current climate. "With the recent tariffs, there is little definition or stability, even following President Trump's...
