Business

July 28, 2021

Velocity Cycling App Expands Industry Leadership Team

Highland Park, Illinois, July 28, 2021 - Vision Quest Velocity LLC, a performance driven cycling app, has added Dr. Allen Lim, Dr. Kevin Sprouse, Robby Ketchell and Dr. Phil Skiba to its thought-leadership team. They join Velocity founder and former professional cyclist Robbie Ventura and INSCYD GmbH founder Sebastian Weber in...

July 28, 2021

Showcased

The Best Event Survey Tools and the Questions to Ask

Without customer feedback, event marketing is a shot in the dark. If you want to make sure your strategies are working, you need to ask your event participants about their opinions. Check out these recommendations for the best survey platforms and the essential questions you need before, during and after...

July 28, 2021

Mayweather Boxing + Fitness Hosts Grand Opening at Newest Locations At Victory Park & Highland Park, Dallas, TX.

WHAT:          Mayweather Boxing + Fitness is hosting the Grand Openings of its two newest locations in Dallas, TX, Victory Park & Highland Park. Both locations represent two of the many highly anticipated openings the franchise has planned for this year. Boxing classes, giveaways and other Grand Opening activities will be...

July 28, 2021

Garmin Q2 Earnings and Revenues Beat Estimates

Garmin posted revenues of $1.33 billion for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 23.87%. This compares to year-ago revenues of $869.87 million. The company has topped consensus revenue estimates four times over the last four quarters. Yahoo Finance

July 28, 2021

Feisty Media Launches Menopause Summit to Disrupt and Transform the Conversation Around Menopause.

Victoria, BC— July 28, 2021. Feisty Media is producing a hybrid conference focused on helping active, performance-minded women thrive during their menopausal years. The Feisty Menopause Summit will combine presentations from knowledgeable educators with a fun, feisty vibe, ultimately building a community of women who are ready to change the...

July 28, 2021

Supersapiens Bolsters Executive Team with Industry Leaders Howard Zisser and Robby Ketchell

ATLANTA, 28 July 2021– Supersapiens, the world’s imminent energy management system for performance athletes, powered by Abbott’s Libre Sense Glucose Sport Biosensor, welcomes world-renowned experts Howard Zisser, MD, and Robby Ketchell. The US-based company recently finished its most recent funding round attracting more than $13.5 million from around the world...

July 27, 2021

Hyperice Enters the Mental Wellness Space With Acquisition of Core; Creates a New Mind Technology Division to Evolve Hyperice’s Focus Beyond Physical Wellness

IRVINE, Calif.--(BUSINESS WIRE)--Hyperice, the industry leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, today announced the acquisition of Core, a mental wellness company that invented the first meditation training device and app of its kind. The acquisition highlights Hyperice’s commitment to mental wellness as...

July 27, 2021

Asics Invests In Insole Maker

Asics has taken an unspecified stake in healthcare startup, Japan HealthCare Co., Ltd., which makes custom insoles working from photos of feet taken by smartphone. SGBMedia

July 27, 2021

Velocity Indoor Cycling App Announces Partnerships with Sebastian Weber and INSCYD

Highland Park, Illinois, July 27, 2021 - Vision Quest Velocity LLC, a performance-driven cycling app, has added Sebastian Weber of INSCYD GmbH, to join founder and former professional cyclist Robbie Ventura as Metabolic Integration and Training Consultant.  The addition of Weber and the partnership with INSCYD brings together state-of-the-art metabolic...

July 27, 2021

National Forest Foundation and U.S. Forest Service Finalize 20-Year Master Stewardship Agreement

Missoula, MT (July 27, 2021)- The National Forest Foundation (NFF), a congressionally-chartered nonprofit, finalized a 20-year Master Stewardship Agreement (MSA) with the U.S. Forest Service, Tahoe National Forest (TNF), and Lake Tahoe Basin Management Unit (LTBMU). This is the first 20-year MSA between the NFF and the Forest Service, and...

July 27, 2021

Shimano earnings up; bike division not impacted by part shortages

Shimano only briefly mentioned the global bicycle part shortages in a typically terse first-half financial results announcement, which reported that sales in its bicycle product division were up 73.4% in the first half of its fiscal year, compared to the same period in 2020. Operating income in the bicycle division...

July 27, 2021

USA Cycling Inclusion Conference Slated for September 10-11, 2021

July 27, 2021 (COLORADO SPRINGS, CO) - USA Cycling, in conjunction with industry partners, sports advocates, and inclusivity experts, have set September 10 and 11 for the inaugural Cycling Inclusion Conference. The target audience for the conference is cycling industry representatives, with a view to educate, inform and collectively stand...

July 27, 2021

Elite Launches the Rizer

FONTANIVA, ITALY — Elite is proud to release the latest addition to their indoor cycling ecosystem: the RIZER. Elite’s gradient simulator with steering is designed to give cyclists the most immersive riding experience as they work every muscle on their trainer and blast the world’s steepest climbs. MAIN FEATURES Inclines...

July 26, 2021

Velocity Indoor Cycling App Secures $3.4 Million in Seed Funding

Highland Park, Illinois, July 26, 2021 - Vision Quest Velocity LLC, an early-stage virtual cycling start-up, announced it has raised $3.4M in seed round funding. The investment round was led by strategic financial partners. Velocity will leverage the more than 20 years of experience and knowledge from Vision Quest Coaching...

July 25, 2021

iFIT Acquires 29029, the Premium Ultra-Endurance Event and Community That Brings the Experience of Climbing Mount Everest to its Members Around the World

(LOGAN, Utah) iFIT, a global leader in connected fitness software, content, and equipment, today announced that it has acquired 29029, the company that created the category of endurance hiking events. 29029 delivers the experience of climbing Mount Everest to its members and provides the ultra-endurance experience to athletes at all...

July 23, 2021

Obé Fitness, Nets $15 Million in New Investment as Samsung Next, Athleta and Actress-Comedian Tiffany Haddish bet on Home-Fitness

Even as people return to the gym, digital fitness businesses like Obé think they can expand. Its Disney tie-ins help. Athletech News

July 23, 2021

Senate E-BIKE Act Would Offer Tax Credit for Electric Bicycle Purchases

BOULDER, COLO. (Jul. 23, 2021) —PeopleForBikes applauds the timely introduction of legislation in the U.S. Senate to offer an electric bicycle tax credit, helping more people easily get out on two wheels. The Electric Bicycle Incentive Kickstart for the Environment (E-BIKE) Act (S. 2420), led by Senators Brian Schatz (D-HI)...

July 22, 2021

SEC Halts Alleged Ongoing Offering Fraud Involving Cycling Companies

Arrested: Samuel Mancini managed and controlled Outdoor Capital Partners LLC (OCP), which he purported to be a venture capital and private equity firm, and promised investors that he was raising $20 million, including $5 million of his own money, for OCP Italia to invest solely in acquiring controlling interests in...

July 22, 2021

Zone7 Raises $8 Million In Series A Round To Expand Artificial Intelligence Platform For Predicting Sports Injury Risks

Zone7’s system analyzes data that teams collect on athletes when they’re practicing, playing in games, working out and even sleeping. It then produces reports on each player’s fitness and other variables, forecasts their injury risk and suggests ways in which so-called “operators” such as coaches and medical personnel can help....

July 22, 2021

Portland Design Works is Officially Certified Climate Neutral

PORTLAND, OR (July 22, 2021) — Portland Design Works, creators of gear for everyday cycling, is proud to announce that the company is now officially Climate Neutral Certified. “We believe that we can make a change toward more sustainability within the bicycle industry. We are small but mighty, and proud...

July 22, 2021

Janus Cycle Group — owner of Merlin and Dean — sold to former real estate executive

Titanium bike and component manufacturer Janus Cycle Group announced Thursday it sold all company assets to Phil Joseph, a former real estate executive. Joseph, an avid cyclist, purchased 100% ownership stake in the assets, which include Merlin Metalworks, Dean Titanium, Knight Composites, Ionic Bikes, and Rossin Bikes. BRAIN

July 22, 2021

Skechers Reveals Strong Q2 Earnings on Wholesale Boom

The company announced record quarterly sales of $1.66 billion, an increase of 127.3% year-over-year, and 31.7% over the second quarter of 2019. BW

July 22, 2021

Strava opening new office in Dublin

The leading social platform for athletes and the largest sports community in the world reports that it now has over 88 million athletes. The brand’s international expansion comes at a high-momentum moment for Strava as its global community continues to grow rapidly, adding 2 million athletes every month. In addition...

July 22, 2021

Ultra-Trail Harricana du Canada™ and The North Face extend their partnership for three years

La Malbaie – The Ultra-Trail Harricana du Canada™ is proud to announce that The North Face Canada has confirmed its partnership as the presenter of the event for the next three years (2021-2022-2023). The company, which specializes in sports clothing and accessories, mainly oriented towards mountain activities and trail running,...

July 22, 2021

Outside Announces New Hire, Senior Content Producer for Nutrition and Cooking, Biju Thomas

Boulder, Colorado — July 22, 2021 — Outside, Inc., the world’s leading creator of active & healthy lifestyle content, events, and experiences, announced Biju Thomas, chef, entrepreneur, cyclist, and food industry pro, has joined the Outside, Inc. team as Senior Content Producer for Nutrition and Cooking. Thomas will have a...