News Topics
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March 27, 2023
Bank of America signs on as new Boston Marathon sponsor
The Boston Marathon has agreed to a 10-year sponsorship deal with Bank of America that organizers hope will allow the world’s oldest and most prestigious annual 26.2-mile road race to grow over the next decade while maintaining its historic character. Financial terms of the deal announced Monday were not disclosed....
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March 24, 2023
Life Isn’t Fair. He Didn’t Want This Race to Be, Either.
Gary Cantrell, the mastermind behind the Barkley Marathons, is in a race of his own: against time. The convoy of minivans and U-Hauls eased down a narrow, winding two-lane street in northeastern Tennessee. It passed circles of razor wire, a prison and a cemetery to reach its destination: a race...
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March 23, 2023
Time Bicycles unveils plans for carbon frame factory in South Carolina
Time Bicycles announced plans Thursday for the nation's largest carbon fiber bicycle manufacturing facility after acquiring a 140,000 square-foot factory in nearby Landrum. Karklins said renovations to the factory will begin next month at the factory that sits on 30 acres and is the former home of Bommer Industries, a...
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March 21, 2023
Nike Q3 Earnings Beat Expectations, Wholesale Revenue Up 18%
Nike reported better-than-expected results for the third quarter — despite recent inventory excesses and challenges in China. The athletic giant reported Q3 revenues of $12.4 billion, up 14% from the same time last year and ahead of expectations from analysts surveyed by Yahoo. Net income was $1.2 billion, down 11%...
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March 21, 2023
Nationwide E-Bike Tax Credit Bill Returns to Congress
The Electric Bicycle Incentive Kickstart for the Environment Act first arrived in Congress in 2021. Like most bills that come to America’s legislative chambers, it never passed into law. But five politicians and bike industry advocates hope that 2023 will be the year Americans get tax credits for buying electric bicycles....
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March 21, 2023
Largest Strava art on record set by French velociraptor
Between October 30th and November 5th last year, four French friends took on the challenge of designing a velociraptor on Strava extending no less than 1,025 km by bike. The activity can be found on Strava – and this week it was officially recognised by Strava as setting the record...
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March 21, 2023
On’s Revenues Surge 92 Percent In Fourth Quarter
On Holding AG significantly decreased its loss in the fourth quarter ended December 31 as sales vaulted 91.9 percent. For the current year, the Swiss running brand predicts sales will grow 39 percent. On finished the 2022 financial year on a high note and with a further record net sales...
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March 21, 2023
Cycling kit industry branded ‘deeply broken’ as yet another brand closes down
The American apparel manufacturer from North Carolina today announced that it will cease operations in April, following an unsuccessful round of community financing. CEO David Billstrom explained that the recent WeFunder community financing campaign fell short, raising only 50% of the brand’s one-million dollar target. Cycling Weekly
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March 20, 2023
New Research Provides Guidelines for Pregnant Runners Returning to Sport
In October 2022, the researchers’ findings on maximizing recovery in the postpartum period were published in the International Journal of Sports & Physical Therapy. The first of its kind study shares a rehabilitation model that assesses the full spectrum of pregnancy to postpartum with safe exercise progressions aimed to reduce...
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March 20, 2023
Rack Attack Announces the Acquisition of Two New Stores in Calgary
Rack Attack, a leading retailer of car racks, bike racks, rooftop tents, overlanding, and other outdoor gear, has announced the acquisition of two new stores in Calgary, previously owned by Racks Unlimited. After the acquisitions, Rack Attack has a total of 38 stores in North America, further solidifying its position...
