News Topics
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January 28, 2026
Alpkit secures new investment to keep business running
Alpkit, the British outdoor brand that owns Sonder Bikes, has publicly announced it has completed a pre-pack sale to a new investor, after entering administration earlier this week. In a statement, the company said the move will secure the business long-term, allow it to retain all 194 jobs, and keep...
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January 28, 2026
Inaugural Gravel & Adventure Bike Expo attracts 5,000 visitors
The inaugural Gravel & Adventure Bike Expo concluded on the second weekend of January, with more than 5,000 visitors and 120 exhibitors attending. The event joined the Adventure Travel Show, a UK event for off-the-beaten-track travel, for the first time. Brands exhibited their latest bikes and equipment, alongside a number of adventure...
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January 27, 2026
Garmin may have just accidentally leaked its Whoop competitor early
The long-rumored screenless Garmin looks set to debut sooner rather than later, with a ‘CIRQA Smart Band’ appearing on several of the fitness-tracking giant’s official websites. A since-removed product page for the CIRQA on Garmin’s regional sites appeared on the brand’s US, Canada, and Brazil platforms earlier today (26 January). While the pages were...
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January 27, 2026
Alpkit enters administration having “faced incredible challenges over the last three years”
Alpkit has entered administration after three difficult years, and is in talks with a new owner and investment partner in an attempt to secure the bicycle and outdoors brand’s future. In a letter sent to shareholders via the investment platform Crowdcube, Alpkit CEO and co-founder David Hanney writes: “It is...
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January 27, 2026
Grand Slam Track Made Just $1.8M While Racking Up $40M in Debt
The bankrupt running league Grand Slam Track revealed in new court filings that its debts have reached $40 million, and that it made less than $2 million in revenue last year when it launched with three track meets. The new filings offer the most complete financial picture of the league...
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January 27, 2026
Life Electric Vehicles set to acquire Rad Power Bikes for $13.2 million
Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 bankruptcy protection last month. Based in Deerfield Beach, Florida, Life EV agreed to acquire Rad Power's assets for $13,276,102...
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January 26, 2026
Wearables Enter the Spotlight at Australian Open Amid Whoop Controversy
Top players Jannik Sinner, Carlos Alcaraz and Aryna Sabalenka were ordered to remove their Whoop bands before matches. Whoop, in response, says athletes have a “fundamental right” to track their data while competing Health and fitness wearable maker Whoop is at the center of a controversy making waves at the...
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January 26, 2026
RIA Welcomes New Board Members and Names New Executive Team
The Running Industry Association (RIA) has elected four new members to its Board of Directors (Board), comprised of retailers, brands and associate (non-endemic) members. Members voted to appoint three new retail members and one new brand member to fill the open seats on the Board and serve three-year terms. RIA...
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January 26, 2026
Can a radical new AI smart camera make cycling safer?
Helmet cameras (or bicycle-mounted cameras) are nothing new. They've become an essential element of city cycling in a world where it seems like every car, truck and bus driver loves to hate cyclists. But now a new start-up, Luna Systems, is attempting to take bicycle cameras to the next level,...
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January 26, 2026
Nike slashes 775 jobs in US to speed up automation, boost profit
Nike is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation. The cuts will primarily impact distribution center roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, the...
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