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Business
May 11, 2021
USA Triathlon, Elk Grove Village Present 4 Star Endurance With Entrepreneur/Business Plan of the Year Award
COLORADO SPRINGS, Colo. — USA Triathlon and Elk Grove Village, an Illinois municipality and the organization’s Exclusive Entrepreneur Community, today announced that 4 Star Endurance, LLC, has been named as the first-ever recipient of the Elk Grove Village-USA Triathlon Entrepreneur/Business Plan of the Year Award. The inaugural award is one...
May 11, 2021
Jaybird Announces Partnership With U.S. Soccer Champion, Kelley O’Hara
PARK CITY, Utah — May 11, 2021 — Jaybird, a leader in wireless headphones for outdoor sports and fitness enthusiasts, today announced its partnership with professional U.S. soccer player, Kelley O’Hara. The two-time FIFA Women’s World Cup champion and Olympic gold medalist currently plays for the Washington Spirit in the...
May 11, 2021
Sun Valley Company Announces Pete Sonntag as Vice President and General Manager
Sun Valley, ID, (May 11, 2021)- Sun Valley Company announces the appointment of Pete Sonntag as Vice President and General Manager of Sun Valley Resort, effective June 7, 2021, reporting into Bruce Fery, CEO of Grand America Hotels & Resorts. In his new role, Sonntag will be responsible for all day-to-day...
May 11, 2021
Snowbasin Resort Announces Summer 2021 Schedule with Outdoor Fun for the Entire Family
Huntsville, UTAH (May 11, 2021) –Snowbasin Resort announced its summer 2021 schedule today with a lineup of fun for the entire family with outdoor adventures, mountain top dining and an outdoor concert series. The resort will officially kick off the summer season on June 12 with lift served hiking and...
May 10, 2021
TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science
TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire
May 10, 2021
As Nike Sales Fall in China, Competitors Cash In
Sportswear competitors Anta and Li Ning are seeing record sales and both are reportedly in the running to buy Reebok from adidas. Front Office News
May 10, 2021
Dorel Sports sees Q1 revenue increase by 43.6%
Dorel Sports has delivered its eighth consecutive quarter of revenue growth, with first-quarter revenue increasing to $270.3 million – an increase of $82.1 million or 43.6% from $188.2 million last year. bikebiz
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...
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