News Topics
-
October 29, 2020
Harley-Davidson unveils a gorgeous new electric bike called Serial 1
The stunning new electric bike that it says will go on sale in March 2021 - and the motorcycle manufacturer is also spinning out its e-bike division as a separate company, called Serial 1 Cycle. Read more on The Verge.
-
October 29, 2020
Wall Street suddenly loves bike companies thanks to cycling boom
In October, Canyon, a high end, direct-to-consumer bike brand, announced that it was in talks with private equity and buyout firms. A sale could bring in $592 million and start a trend. Find out what other companies are making waves here.
-
October 29, 2020
Lululemon Wants to Achieve Full Pay Equity for Gender and Race by 2022
The athletic apparel and accessories chain announced today that it has developed a long-term strategy to become a more equitable business through inclusion and diversity, as well as minimize its environmental impact. It set 12 ambitious goals, which involve commitments to invest $75 million into wellbeing programs by 2025, expand...
-
October 29, 2020
Hoka Drives Stellar Quarter for Deckers Brands
Deckers Brands posted a monster quarter with sales rising 14% in constant currency, driven by 83% growth in its running brand Hoka One One. The brand, which has been on a tear for quite some time, increased 83% to $143 million. Nearly every brand in the company portfolio grew during the...
-
October 28, 2020
Whoop, maker of the fitness tracker that pro athletes love, is now valued at $1.2 billion
Some of the biggest names in sports are investing in the wearable company Whoop amid a global pandemic. The fitness tracking company announced it closed a $100 million financing round. Whoop is the fitness tracker of choice for a number of pro athletes, now used to help monitor potential symptoms...
-
October 28, 2020
Shimano’s Earnings Climb In Nine Months
Shimano Inc. reported earnings rose 10.4% in the nine months ended September 30 despite a 2.0% dip in sales. Earnings reached ¥47,231 million, up from ¥42,799 million a year ago. Sales were ¥264,174 million against ¥269,523 million. Operating income increased 7.7% to ¥54,300 million and ordinary income increased 5.7% to...
-
October 28, 2020
How to Run a Race in a Time of Surging Coronavirus
Runners registered for races must decide whether they feel comfortable racing in-person and, if so, how they can best protect ourselves and other runners. To learn more and gather cautions and reassurance about racing safely, New York Times spoke with race officials and infection-control researchers. This is what they had...
-
October 28, 2020
Next year’s Boston Marathon will be postponed, BAA announces, with eye toward Fall 2021 date
The marathon will not be held on its traditional Patriots' Day date in 2021, but the org is aiming to reschedule the race later in the year. Massachusetts' reopening plan, which prohibits road races until the state can enter Phase 4, is cited as one of the reasons for the...
-
October 27, 2020
Triathlon Apparel Brand HUUB Secures Pre-Launch £575,000 Crowdfunding After 681% Sales Lift
The British triathlon apparel brand secured the investment in a 48-hour private launch ahead of the public release of a crowdfunding campaign on Oct. 28. HUUB had set a minimum target of £250,000 on the Crowdcube platform and blew past this within hours. Read more on Forbes.
-
October 27, 2020
The Cyclists’ Alliance: Women’s cycling faced unique set of challenges due to COVID-19
A new survey conducted by advocacy group The Cyclists' Alliance shows inequity in medical support for women's teams. Read more on VeloNews.
-
October 27, 2020
Coronavirus’s Toll on Marathons and Other Races: A 95% Drop
Last Sunday’s four-mile race in New York’s Central Park had no runners bunched shoulder-to-shoulder, no cowbell-clanging spectators. This race used to draw about 5,000 runners, but on Sunday, it capped at 300. This is what recovery looks like in the road-race industry. Read more on The Wall Street Journal.
-
October 26, 2020
2021 Running USA Industry Conference cancelled
Running USA made the difficult decision to cancel its 2021 Industry Conference, which was previously set for February 2021 in New Orleans. All registered attendees have received communications with their follow-on options laid-out. Read more on Endurance.Biz.
-
October 26, 2020
Women Are Better Runners Than Men [2020 Analysis]
An analysis that covers 2,348,505 marathon results achieved during the 2009-2019 period sought to see the differences in pace throughout a marathon between women and men. The data has shown that women are 18.33% better at keeping an even pace than men. They burn out less in the 2nd half...
-
October 26, 2020
Thule rides bike boom to 45% growth in Q3
Sales for the third quarter ending in September were SEK 2,436 million ($278 million), up from SEK 1,682 million ($192.1 million) from the third quarter 2019. The COVID-19 pandemic caused Thule's sales to decrease 4.9% in the first quarter and 11.6% in the second quarter. Read more on Bicycle Retailer.
-
October 26, 2020
Giro d’Italia stage 19 shortened by 100km after riders refuse to race full course.
The refusal was due to the length of the planned 258km in dreary conditions, coming after a tough week of mountainous racing in cold weather and before a tough final test up the Sestriere tomorrow. Read more on Cycling Weekly.
-
October 25, 2020
Los Angeles Marathon Rescheduled For May
The 36th edition of the marathon had been scheduled to run March 21 and the LA Big 5K for March 20. The McCourt Foundation also announced Tuesday format changes to two other races it operates: The 2021 Rose Bowl 5K will be run Jan. 16-17 and the Rose Bowl Half-Marathon...
-
October 22, 2020
Is Adidas Selling Reebok?
The German sportswear giant is reportedly looking to sell the athletic brand and could decide in the next few months whether to move forward with the process. An internal review is said to be in the early stages, while Germany’s Manager Magazin indicated that Adidas plans to complete the sale...
-
October 21, 2020
Canyon Bicycles Draws Takeover Interest From Carlyle, KKR.
Canyon Bicycles GmbH has drawn takeover interest from private equity giants. Investors are looking to capitalize on renewed enthusiasm for one of Europe’s favorite pastimes. The bike maker is working with bankers at Robert W. Baird & Co. on a sale that could fetch more than 500 million euros ($592...
-
October 21, 2020
Run Show USA landing in Boston in January 2022
Raccoon Events, the company behind the award-winning National Running Show in the UK, has announced it will be expanding its flagship event into the USA. The first in a series of Run Show USA events will take place in Boston, MA, at the Hynes Convention Center on January 29-30, 2022....
-
October 21, 2020
Courtney Dauwalter Runs 283.3 Miles, Setting Big Dog’s Backyard Ultra Records
This year’s Big Dog’s Backyard Ultra was held a little differently due to COVID-19 - conducted in groups organized by country. Courtney Dauwalter was the last runner standing, becoming the second woman ever to win at Big Dog’s Backyard Ultra. Dauwalter ran for an impressive 283.3 miles in 68 laps...
-
October 20, 2020
Impacts of COVID-19 on professional athletes: study by Strava and Stanford University
To better understand the challenges professional athletes have faced, Strava partnered with Stanford University for a study of 131 professional athletes in the US. The new study shows the mental, physical and financial effects the pandemic has had on the athletic community. Check out the results on Endurance.biz.
-
October 20, 2020
Former pro cyclist Bradley Wiggins liquidates businesses with debts of over £1m
Two of Bradley Wiggins’s companies are being wound up with debts in excess of £1m and look set to leave creditors hundreds of thousands of pounds out of pocket. Read more on Cycling Weekly.
-
October 20, 2020
Bike thefts spike across U.S. as cycling becomes more popular
From March 1 to September 21, New Yorkers filed 4,477 complaints related to stolen bicycles, including electric bicycles. That's up nearly 28%, from 3,507 complaints over the same period a year earlier. An uptick in theft has occurred in other cities across the U.S., too. Bicycle makers also recognize theft is an...
-
October 19, 2020
After 50 hours, 9 runners remain in Big’s Backyard Ultra
With 50 laps and more than 330K under their belts, nine runners are still on their feet at Big’s Backyard Ultra. Belgium, Sweden and the U.S. each have two runners left, and Mexico has three. All participants are running in their respective countries. Read more on Canadian Trail Running.
-
October 19, 2020
YogaWorks Files For Bankruptcy, To Closes All Studios
YogaWorks has filed for Chapter 11 bankruptcy protection but will continue to offer its digital and live-stream content. Serene Investment Management has agreed to acquire the YogaWorks digital and education business and intellectual property. YogaWorks Live and MyYogaWorks, as well as its teacher training and workshop departments will continue operation,...