News Topics
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May 9, 2025
Canadian Entrepreneurs Save This Iconic MTB Brand
From GT hitting tough times, Rocky Mountain Bicycles restructuring to avoid bankruptcy, Light and Motion shutting down, Ignite Components closing, and Revel Bikes announcing its recent turbulence, the industry has a clear trend of negativity. BIKE MAG
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May 9, 2025
Fox Factory sees growth in bike-product sales, but it’s ‘too early for a victory lap’
Fox Factory saw first-quarter year-over-year sales growth across its three divisions, including a 6.6% increase in sales in its Speciality Sports Group, which contains its bicycle and baseball/softball brands. Bicycle Retailer
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May 8, 2025
Saucony, Merrell Drive Revenue Growth at Wolverine Worldwide
Merrell and Saucony were the standouts among the Wolverine brands. However, like other publicly traded companies, Wolverine withdrew its full year guidance due to tariffs and the uncertain economic climate. SHOPeatSURF
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May 8, 2025
Life Time Group Holdings, Inc. (LTH) Tops Q1 Earnings and Revenue EstimatesLife Time Group Holdings, Inc. (LTH) Tops Q1 Earnings and Revenue Estimates
Life Time Group Holdings, Inc. (LTH) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.27 per share. yahoo finance
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May 8, 2025
Peloton Raises Full-Year Mid-Point Guide for Key Metrics, Revenue and Adjusted EBITDA
In a May 8 letter to investors, Peloton Interactive President and CEO Peter Stern said the company delivered at the high end of, or exceeded, guidance on its key financial metrics while continuing to execute on FY 2025 operating goals. SGB MEDIA
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May 7, 2025
Strava data shows slower average finish times at 2025 London Marathon
New insights from Strava show that finishers at this year’s TCS London Marathon were, on average, slower than in 2024 – with over half of runners experiencing a significant slowdown in the second half of the race. endurance.biz
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May 7, 2025
More Companies Adding Service Fees, Raising Prices, Citing Tariffs
Last month we reported on Specialized adding a line-item charge on certain bikes, passing direct price increases to consumers. Trek, that same week, increased prices on their bikes across the board, in response to tariffs. SLOW WITCH
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May 6, 2025
Rotor closes US office, cites tariff situation
Rotor America, Inc, the North American subsidiary of Spanish bike part manufacturer Rotor Bike Components, has announced they will be closing their doors effective June 15. Bicycle Retailer
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May 6, 2025
Oura Invests in Metabolic Health with New “Meals” & “Glucose” Features
Oura launched two highly anticipated metabolic features, Meals and Glucose, as part of its ongoing effort to personalize health tracking and empower users to better manage metabolic health. ATHLETECH NEWS
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May 6, 2025
Wahoo Fitness Adds Tariff Surcharge to TRACKR Radar
Today, Wahoo Fitness opened up shipping on their three newest products: The Wahoo BOLT 3, Wahoo ROAM 3, and Wahoo TRACKR Radar. DC RAINMAKER
