News Topics
January 31, 2026
Peloton Cuts 11% of Staff in Cost-Cutting Push, Spokesperson Says
Peloton Interactive has cut 11% of its employees as it aims to reduce costs amid turnaround efforts, a spokesperson for the company said on Friday. Widespread layoffs would mark another major move under CEO Peter Stern, who took charge of the fitness products maker last year and has revamped its product lineup and hiked prices across hardware and...
January 29, 2026
Deckers Racks Up Record Revenue in Q3 as ‘Significant Global Demand’ for Ugg and Hoka Continues
Shares for Deckers Brands soared over 10 percent on Thursday after the market close following the footwear company’s latest earnings report. The Goleta, Calif.-based company reported net sales in the third quarter of fiscal 2026 increased 7.1 percent to $1.96 billion compared to $1.83 billion the same time last year. Net income for the...
January 29, 2026
Adidas achieves record sales in 2025, plans $1.2 billon share buyback
Adidas on Thursday said it would launch a share buyback of up to 1 billion euros ($1.2 billion) on the back of record 2025 sales that the German sportswear maker said benefited from stable prices in the face of U.S. tariffs. Adidas in October had warned of widespread discounting among...
January 29, 2026
Google Maps now lets you access Gemini while walking and cycling
Google announced on Thursday that Google Maps users can now access Gemini hands-free while walking and cycling. The update comes a few months after Google Maps rolled out its Gemini-powered hands-free, conversational driving experience. The announcement marks Google’s ongoing efforts to plug Gemini into more parts of people’s everyday lives, while shifting Google...
January 28, 2026
Strava is deleting millions of users’ activities
Strava is back defending the honour of its users, but with a much warmer reception this time. That’s because the social fitness platform is deleting users activities. Millions of them. Anything that’s incorrectly tagged or improperly cropped. Gone. Straight to jail. Deleted and removed from leaderboards. The new policy, which Reddit commenters...
January 28, 2026
Proposed New Hampshire Legislation Would Require ALL Bike Owners to Pay Registration Fees
The New Hampshire state motto may be “Live Free or Die,” but House Bill 1703 (HB1703) would make the state’s bike owners “pay fee or get fined.” This news comes a little over a week after New Jersey passed a new law requiring all e-bike owners to be licensed, registered, and insured....
January 28, 2026
Alpkit secures new investment to keep business running
Alpkit, the British outdoor brand that owns Sonder Bikes, has publicly announced it has completed a pre-pack sale to a new investor, after entering administration earlier this week. In a statement, the company said the move will secure the business long-term, allow it to retain all 194 jobs, and keep...
January 28, 2026
Inaugural Gravel & Adventure Bike Expo attracts 5,000 visitors
The inaugural Gravel & Adventure Bike Expo concluded on the second weekend of January, with more than 5,000 visitors and 120 exhibitors attending. The event joined the Adventure Travel Show, a UK event for off-the-beaten-track travel, for the first time. Brands exhibited their latest bikes and equipment, alongside a number of adventure...
January 27, 2026
Garmin may have just accidentally leaked its Whoop competitor early
The long-rumored screenless Garmin looks set to debut sooner rather than later, with a ‘CIRQA Smart Band’ appearing on several of the fitness-tracking giant’s official websites. A since-removed product page for the CIRQA on Garmin’s regional sites appeared on the brand’s US, Canada, and Brazil platforms earlier today (26 January). While the pages were...
January 27, 2026
Alpkit enters administration having “faced incredible challenges over the last three years”
Alpkit has entered administration after three difficult years, and is in talks with a new owner and investment partner in an attempt to secure the bicycle and outdoors brand’s future. In a letter sent to shareholders via the investment platform Crowdcube, Alpkit CEO and co-founder David Hanney writes: “It is...
