News Topics
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February 6, 2026
Peloton Shares Crash 23%
Peloton shares crashed 23% to an 18-month low after disappointing Q2 2026 earnings, missing revenue expectations amid declining membership and ongoing post-pandemic demand slump. The article explores whether this could finally trigger an Apple acquisition to bolster Fitness+, plus hardware and subscriber synergies—while noting Apple may wait for an even...
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February 6, 2026
Tandem Group reports “robust performance” for bicycles
Ahead of its full year results being published in late March, Tandem Group has reported a trading statement for full year 2025, including details of how its cycling arm fared. Bicycle performance was robust, finishing 37.6% ahead of the prior year and outperforming broader sector trends, the group noted. CYCLING...
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February 5, 2026
Head Group Acquires Le Col Cycling Apparel Brand
Austria-based Head Group has acquired British cycling apparel brand Le Col from Puma Growth Partners. The company said the investment continues Head’s expansion of its sportswear and apparel division based in Milan, Italy. Terms of the deal were not disclosed. Le Col was founded in 2011 by former professional cyclist...
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February 5, 2026
Peloton Sees Fiscal Q2 Revenue Fall Short of Guidance; Net Loss Wider than Expected
Peloton Interactive, Inc. (PTON) has reported that in its fiscal second-quarter, Total Revenue amounted to $657 million for the period ended December 31, a decrease of $17 million, or 3 percent year-over-year, primarily driven by lower-than-expected Connected Fitness Product sales to existing members. Revenue came in $8 million below the...
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February 5, 2026
Major Cycling Event Canceled Over ICE Presence in Minneapolis
A major cycling event in Minneapolis has been canceled in the wake of ongoing protests against ICE. Quality Bicycle Products (QPB), one of the country’s biggest bike distributors, had planned to host an in-house trade show called Frostbike at the end of February. But because “current enforcement activities make it unsafe...
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February 5, 2026
Nike faces federal probe over allegations of discrimination against white workers
The federal agency for protecting workers' civil rights revealed Wednesday that it is investigating sportswear giant Nike for allegedly discriminating against white employees through its diversity policies. The Equal Employment Opportunity Commission disclosed the investigation in a motion filed in Missouri federal court demanding that Nike fully comply with a...
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February 5, 2026
Brooks Racks Up 9th Year of Revenue Gains as Running Market Continues to Dominate
Brooks Running is touting its ninth consecutive year of growth in 2025. The Seattle-based athletic brand said Thursday that it achieved another record-breaking year of global revenue, with sales increasing 16 percent year-over-year. The private company did not disclose dollar amounts in its latest report. By region, Brooks noted that North America saw...
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February 5, 2026
Function Sues Rival Lab-Testing Startup Superpower, Alleging False Marketing
Function Health has filed a false advertising lawsuit against Superpower, accusing the rival lab-testing startup of overstating what its membership includes and running comparative marketing that Function says misleads consumers about both companies’ offerings. The complaint, filed January 26 in the U.S. District Court for the Central District of California,...
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February 5, 2026
Whoop wins a key US court ruling against copycat wearables
Whoop might have just secured a big win against brands selling similar faceless health trackers in the U.S. Traditionally, when it comes to fitness bands (not to be confused with smartwatches) Whoop is usually the first name that comes to mind. However, due to its high pricing and the nature of the market,...
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February 4, 2026
Accell Group sells Nishiki to Turkish bike manufacturer
Turkish manufacturer Kron Bicycle has acquired Nishiki from Accell Group, taking over the brand that Accell picked up via a Finnish distributor in 2009. Kron said Nishiki will plug into its production and supply chain while keeping its own "brand DNA." Founded in 2004, Kron distributes across 81 Turkish provinces...
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