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Business
May 9, 2021
deboer wetsuits partners with 8x IRONMAN and IRONMAN 70.3 Champion, Amelia Rose Watksinson
Stamford, CT, Release: May 10, 2021 - deboer wetsuits is thrilled to announce a partnership with Amelia Rose Watkinson. In an abbreviated 2020 race season Rose Watkinson was undefeated in Australia, taking titles at Ironman Cairns, Ironman 70.3 Sunshine Coast, and Hervey Bay 100. In 2021 Rose Watkinson has remained...
May 7, 2021
Adidas Raises Outlook, Sales Jump 156% in China
Adidas released first-quarter earnings Friday, reporting net income of $605 million with revenue growing 27% for the first three months of the year.Footwear sales increased 31%; sales in China grew 156% and E-commerce sales rose another 43%, after a 35% uptick in the same quarter last year. Front Office Sports
May 7, 2021
USA Cycling’s Statement on the Delay of Announcing the 2021 Marathon Mountain Bike National Championships
COLORADO SPRINGS, Colo. – During preparations to announce the date and location for the 2021 USA Cycling Marathon Mountain Bike National Championship, USA Cycling learned of an anti-transgender bill being considered in the host state’s legislature. This legislation would have barred transgender youth from participating in school sports consistent with...
May 6, 2021
Fox Factory Delivers Record First Quarter Sales of $281.1 Million
Sales increased 52.5% to $281.1 million, compared to $184.4 million in the same period last fiscal year. Gross margin increased 410 basis points to 34.8%, compared to 30.7% in the same period last fiscal year. Yahoo! Finance
May 6, 2021
Orbea to move US operations to Boulder
After nearly 15 years in Little Rock, Arkansas, Orbea is moving its U.S. offices and operations to Boulder this month. Orbea said Boulder's central location will help provide better dealer support and customer care, and the region offers a pool of talent. Bicycle Retailer
May 6, 2021
Stages Cycling Introduces Power Meter for Latest Cannondale™ SI Cranks
(Boulder, CO) StagesⓇ Cycling adds to their already impressive line of Stages Power Meters for any bike, any drivetrain and any rider with the latest model for use with Cannondale’s SI cranks. Stages has offered its single-side left power technology for Cannondale SI crank models since 2014, which features Cannondale’s...
May 6, 2021
IOC and Pfizer strike vaccine deal for Tokyo 2020 athletes
The British Olympic Association has been handed a boost in its bid to vaccinate all its athletes and support staff prior to the start of the Olympic Games in Tokyo in less than 12 weeks’ time. Under a deal struck between the International Olympic Committee and pharmaceutical giant Pfizer, vaccines...
May 6, 2021
Peloton Sales Rise, But Treadmill Recall Looms
Peloton’s sales rose 141% in its fiscal Q3, bringing revenue to $1.26 billion as the pandemic-fueled at-home fitness boom continued into the early months of 2021. But Peloton anticipates $165 million in fiscal Q4 losses related to the recall of its two treadmills. Front Office Sports
May 6, 2021
ShowcasedUTMB Group and The IRONMAN Group partner to launch the ground-breaking UTMB® World Series
UTMB Group – a major player in trail running which has led the sport’s development for the last 18 years – has joined forces with The IRONMAN Group to boost the sport’s international development and, together, will launch the world’s ultimate trail-running circuit: the UTMB® World Series. From as early...
May 6, 2021
Science in Sport extend partnership with INEOS Grenadiers and launch new campaign, “Progression is our Obsession”
The success of the partnership has been achieved through a collaborative and insight led approach to Performance Solutions, including nutritionist recruitment, tailored fuelling plans and bespoke product development based on the needs of the team and individual riders. This approach has made the partnership the longest and most successful performance...
May 6, 2021
Vincent Luis to Star In Multi-Part Documentary Series with Super League Triathlon
Super League Triathlon has announced it is making a multi-part documentary series with Vincent Luis chronicling his attempt to create history in 2021. ‘Invincible’ will follow the World and Super League champion with SLT’s film crews given exclusive access to the biggest year in his career. Luis is attempting to...
May 6, 2021
deboer wetsuits partners with Holly Lawrence, Ironman 70.3 World Champion
Stamford, CT, May 6, 2021. deboer wetsuits is thrilled to announce a partnership with Holly Lawrence. Lawrence is among the most dominant athletes racing Ironman 70.3 and middle distance triathlon. A winner of the 2016 Ironman 70.3 World Championship, and runner-up in 2019, Lawrence has a wealth of experience and...
May 5, 2021
Fitbit CEO James Park Shares His Health and Fitness Habits
At 44, tech heavyweight James Park took his body and his workout to the next level—10 minutes at a time. Men's Health
May 5, 2021
Decathlon Promotes Innovation and Sustainability for 2021 Camping, Hiking, Outdoor Gear Collections
SAN FRANCISCO (May 5, 2021) — Just in time for summer adventures, Decathlon, the world’s largest sporting goods retailer, delivers new gear lines featuring innovative, sustainable technology at wallet-friendly prices that set the brand apart from others in the outdoors space. The brand’s customer-oriented approach shines through in the new...
May 5, 2021
Adidas launches Reebok auction, China row may dent Asian interest
Adidas has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's western Xinjiang region. Adidas bought the U.S. fitness label for $3.8 billion in 2006 to help compete with arch-rival Nike, but its sluggish performance led...
May 5, 2021
Oura Brings In $100M in Funding
Oura Health announced Tuesday that it has raised $100 million in Series C funding, bringing the company’s total funds to $148.3 million. The wearable fitness manufacturer produces the Oura Ring, a sleep and activity tracker you can slide on your finger. More than 500,000 have been sold. Front Office News
May 5, 2021
Saucony Gives Tribute to Moms This Mother’s Day with Brand Film: ‘The Marathon That Never Ends’
WALTHAM, Mass.– May 5, 2021— Global performance running lifestyle brand Saucony has announced today the launch of a new film in honor of Mother’s Day, which helps to raise awareness of the disproportionate burnout of mothers, an issue that has intensified since the start of the COVID-19 pandemic. In its...
May 4, 2021
ClassPass, Fitness Tech Firm MindBody Eye Merger, IPO
ClassPass and Mindbody, which provide technology to fitness companies worldwide, have been discussing a merger, Bloomberg reported, citing unnamed sources. ClassPass, works as a subscription-based business, allowing users to book workouts at fitness studios and other locations. In January 2020, ClassPass said its valuation was above $1 billion since it had gotten $285...
May 4, 2021
Under Armour Rallies in Q1
The company’s Q1 2021 earnings show a major bounce back from this time last year. Sales rose 35% year-over-year, bringing revenue to $1.26 billion. Online sales led the charge with 69% growth, and the company had an overall profit of $77.8 million. Front Office Sports
May 4, 2021
BikeFlights Provides Best On-Time Delivery of Shipments
PORTLAND, OR (May 4, 2021) - During the peak shipping periods of what may have been the most challenging shipping year to date, BikeFlights.com, a bicycle shipping service and bike box supplier, reported the best on-time delivery performance for its bikes, wheels and gear shipments. “Like most companies, we’ve had...
May 4, 2021
Zoomo raises $12 million to bolster ‘e-bikes for businesses’ model
The newest round of funding follows an $11 million Series A raise announced in August 2020, led by the CEFC. Cumulatively, Zoomo has raised $26 million in the past 24 months. Zoomo will use the funds to invest in the development and production of the brand’s next-generation vehicle offerings as well...
May 3, 2021
Brompton Bicycle Expands Product Lineup at REI with Addition of Folding Electric Bike
NEW YORK (May 3, 2021) – Brompton, the London-based manufacturer of the iconic Brompton folding bike, has expanded its product line offering in select REI stores across the U.S. today with the addition of the Brompton Electric to its in-store inventory. Along with the brand’s traditional folding bike, the Brompton...
May 3, 2021
Fast growing running shoe company ON Running targets autumn IPO: sources
Shoe firm ON Running, backed by Swiss tennis star Roger Federer, is preparing for a U.S. stock market listing as early as this autumn in a deal valuing the firm at about $5 billion, people close to the matter said. Reuters
April 30, 2021
Emerald Holding Sees Steep Q1 Revenue Drop
Emerald Holding Inc. reported revenues tumbled 87% as results continue to be negatively impacted by event cancellations due to the pandemic. Emerald is actively pursuing collection of the remaining unpaid amounts of filed insurance claims for its canceled and impacted 2020 events. To date, Emerald has submitted $167 million in...
April 30, 2021
KINeSYS Sunscreen Sponsors ‘For the Long Run’ Podcast
Vancouver, Canada; 30 April 2021. During the month of May KINeSYS Performance Sunscreen is sponsoring the ‘For the Long Run’ podcast, hosted by ultrarunner Jonathan Levitt. KINeSYS is a sunscreen designed specifically for active people and their community includes many runners, both professional athletes and keen enthusiasts. Skin Cancer Awareness Month...
