August 14, 2024

Cybersecurity flaws could derail high-profile cycling races

High-end bicycles used for high-profile road races such as the Tour de France are vulnerable to cybersecurity attacks targeting the bike's wireless gear shifting system. In recent years, bicycle manufacturers have adopted wireless gear-shifting technology, which gives riders better control over changing gears. The technology is not vulnerable to the...

August 14, 2024

Bike Matrix compatibility index bags $2 million industry investment

Following a successful showing at Eurobike 2024 where it picked up an award, B2B parts compatibility solution Bike Matrix has secured NZ$2 million seed investment from within the industry. The Bike Matrix compatibility index allows users to “select a bike and see what fits” and is designed to simplify life for...

August 14, 2024

Asics Is Growing its Presence in the Crucial Run Specialty Channel in North America

Asics reported results for the first half of the year that showed solid growth across several regions and channels, including in the crucial North American run specialty channel. According to the Japan-based athletic brand, net sales for the first six months of 2024 increased 18 percent to 342 billion yen driven by...

August 14, 2024

Are Athletes Born or Made? A New Study Reveals Which Fitness Traits Are Primarily Genetic

Iran elementary school cross country for the first time when I was in third grade. The main thing I remember about our practices was that we spent a lot of time trying to touch our toes, and I was terrible at it. Years later, that would become a reassuring memory,...

August 13, 2024

Paris Olympics Average 30.7M Viewers on NBCU, Biggest Since 1994

According to the final ratings tally for the 2024 Summer Olympics, the NBCU platforms averaged 30.7 million viewers per day, a composite figure that includes the live coverage in the afternoons (2-5 p.m. ET) and the traditional primetime windows. That combined delivery marked an 82% improvement compared to the long-delayed Tokyo...

August 13, 2024

Infographic – Tour de France Femmes avec Zwift 2024

Now underway, the third edition of the Tour de France Femmes avec Zwift runs from August 12-18, 2024, and event organiser A.S.O., has released an infographic showcasing the elite women’s race. This year’s Tour de France Femmes avec Zwift will be more accessible, with enhanced TV coverage and more than 22 hours...

August 13, 2024

Google Fitbit, Peloton announce fitness content partnership

Google's (GOOGL.O), opens new tab Fitbit has partnered with Peloton Interactive (PTON.O), opens new tab to give its premium users access to the exercise equipment maker's fitness content, starting early September, the companies said on Tuesday. As part of the deal, Fitbit premium members based in the U.S., UK, Canada and Australia would...

August 13, 2024

Federer’s On Brand Continues Surge, Challenging Sportswear Giants

On, the upstart sportswear company backed by Roger Federer, posted another strong quarter of sales, further solidifying its place as a threat to legacy brands. The Swiss brand founded in 2010 announced Q2 sales of $657 million on Tuesday, a 27.8% increase over last year, and saw a slight gross profit margin uptick to...

August 12, 2024

Hapana Raises $17 Million to Fuel Growth Across Fitness Markets

Hapana, a software-as-a-service (SaaS) platform used by fitness brands worldwide, has raised $17 million in a funding round led by Australian venture capital firms OIF Ventures and Bailador. The funding will support Hapana’s plans to expand its presence in the Asia-Pacific (APAC) region and the United States, as well as...

August 12, 2024

Giant Group revenue down 13% in half

Giant Group announced that its first-half revenues were NT$37.23 billion ($1.147 billion), a 12.6% decline from the same period last year. The company said that due to profit growth in China, its gross margin rate fore the period was 21.3% and net profit after tax was NT$1.67 billion, a decrease...