News Topics
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February 12, 2025
EXEC: Shimano Inc. Sees 2024 Sales Decline on Soft Bike and Fishing Demand
Shimano reported that demand for bikes and fishing tackle continued to be weak in 2024, resulting in net sales decreasing 4.9 percent year-over-year. While the strong interest in bikes continued as a long-term trend, Shimano said retail sales of completed bicycles were weak, and market inventories remained high. SGB
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February 11, 2025
4 disqualified runners did not intentionally swap bibs, say Hong Kong marathon organisers
Four mainland Chinese runners who were disqualified from the 2025 Standard Chartered Hong Kong Marathon did not deliberately swap their bibs, the event’s organisers have said. Hong Kong Free Press
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February 10, 2025
Nike shuts down Bowerman TC pro team
It might be the worst-kept secret in professional running: Nike’s professional athlete group Bowerman Track Club Elite has come to an end. Running Magazine
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February 10, 2025
Sweat-Tech Wearable Epicore Biosystems Raises $26M
Epicore Biosystems, known for its sweat-sensing wearables, has secured $26 million in a Series B led by the Steele Foundation for Hope (SFFH). Athletech News
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February 10, 2025
How Much Exercise You Need to Offset Sitting All Day, According to Science
Is It possible to to exercise your way out of the risk of these health issues: back pain, cardiovascular disease, diabetes, obesity, and premature death? very well health
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February 6, 2025
Brooks Says It Was the Top ‘Adult Performance Running Shoe Brand’ in US in 2024, Led Specialty Channel in Q4
According to the Seattle-based performance running brand Brooks, reported revenue was up 9 percent year-over-year, fueled by growth in every region and channel. This outcome marked eight consecutive years of growth for the running brand, which delivered a 13 percent compound annual growth rate over that horizon. FN
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February 6, 2025
Vuori to Add U.S. Warehouse Due to U.S. Trade Tensions with Mexico
Fallout from the tariffs imbroglio has already led to delayed spring shipments for Vuori, one of the hottest brands in the market. The Encinitas, California-based brand recently told retailers that it will be opening a second distribution center in the United States after current trade tensions between the U.S. and Mexico...
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February 6, 2025
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour, Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the quarter with an 8 percent decline in the North America region. Revenue was down 6 percent to $1.4 billion (down 6 percent...
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February 5, 2025
Non-electric bike imports increased 17% last year
After steep declines in 2022 and 2023, the number of non-electric bikes imported last year increased 16.7% to 11.1 million units, according to import statistics released Wednesday. Bicycle Retailer
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February 4, 2025
The Price of Drug Testing in Triathlon
How much time and money is required for drug testing in triathlon? It’s hard to know. Not because it’s hard to quantify, but because multiple organizations are oddly tight-lipped about getting into the details. triathlete
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