News Topics
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September 27, 2021
NordicTrack-owner iFIT targets valuation of nearly $7 bln in U.S. IPO
IFIT Health & Fitness Inc, owner of the NordicTrack fitness brand, is looking to raise as much as $646.15 million through a U.S. initial public offering, valuing the company at $6.61 billion, according to a regulatory filing on Monday. Reuters
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September 27, 2021
Illinois runner wins marathon after bicyclist mistakenly takes race leaders off course
An Illinois man unexpectedly won the Quad Cities Marathon this weekend when the two runners who had far outpaced him were disqualified after being diverted off the course by a race volunteer bicyclist. AP
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September 27, 2021
Sea Otter Europe draws to a close with 45,000 visitors
The fifth edition of the Sea Otter Europe Costa Brava-Girona Bike Show closed its doors yesterday, exceeding the organisers’ best forecasts with around 45,000 visitors. Larger spaces, together with distancing between exhibitors and pre-booked tickets for visitors, helped keep capacity limitations in the expo zone and race areas ‘under control’,...
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September 27, 2021
Specialized buys McLain Cycle & Fitness, other purchases rumored
After 44 years in business, Bob and Kris McLain have sold McLain Cycle & Fitness to Specialized Bicycle Components. Specialized has not confirmed the purchase and has declined to comment on this or other recent retail acquisitions. But industry sources tell BRAIN the company has purchased, or is close to...
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September 26, 2021
Study: do ultra-endurance events harm your long-term health?
Ultras rarely result in serious acute health problems, but research shows they may have a negative impact over time. Canadian Running
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September 24, 2021
Boston Marathon to test travellers with mixed COVID vaccine doses
A Canadian-based marathoner who requested anonymity has been informed by the B.A.A. that runners arriving at the Boston Marathon expo next month must provide proof that they have been fully vaccinated against COVID-19, or be tested onsite. Runners who received doses from different vaccine brands (which a significant number of...
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September 23, 2021
Nike Misses Q1 Revenue Estimates, Shares Fall
Overall, the athletic giant on Thursday reported growth, with revenues for the quarter at $12.2 billion, up 16% year over year. However, this fell short of estimates of $12.46 billion in revenues from a survey of analysts. Net income was $1.9 billion, up 23% year over year, with diluted earnings per...
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September 23, 2021
Colnago Becomes First Cycling Manufacturer To Adopt Digital Product Passport Powered By Blockchain
Beginning with the bike that will be raced by 2020 and 2021 Tour de France champion, Tadej Pogačar this coming Sunday at the 2021 UCI Road Racing World Championship in Belgium, Colnago will integrate blockchain technology into its new bicycles. As the first manufacturer to link its physical products to a virtual, distributed...
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September 23, 2021
Lululemon becomes official outfitter for Team Canada in new eight-year deal
The Canadian Olympic Committee has signed a new deal with lululemon, as the Vancouver-based apparel brand best known for its stretchy pants has become the official outfitter for Team Canada’s Olympic and Paralympic teams. National Post
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September 23, 2021
Why aren’t more big bike firms tracking their environmental impact?
Trek, one of the world’s biggest bicycle brands, recently released its sustainability report for 2021. Remarkably, this appears to be the first time a major bike company has published such a document. While some other manufacturers make broad sustainability pledges or tout their success in reducing packaging waste, Trek’s report...
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