May 7, 2020

Sporting goods, home fitness, and cycling sales surge in the U.S., reports The NPD Group

As U.S. consumers tackle ways to keep themselves and their families busy, active, and fit during this time of social distancing, sports and home fitness equipment as well as children’s and adult leisure bicycles have seen double- and triple-digit sales increases, according to retail sales data from The NPD Group. Read...

May 7, 2020

USA Triathlon Launches Safe Return to Multisport Initiative

COLORADO SPRINGS, Colo.— USA Triathlon today announced its Safe Return to Multisport initiative, a comprehensive and multi-pronged approach that will outline racing and training guidelines and recommendations for the multisport community to manage the effects of the COVID-19 pandemic. The first two documents in the series, “USA Triathlon Safe Return...

May 6, 2020

Peloton Q3 earnings show huge revenue and membership spikes

Peloton bested Wall Street's high expectations, delivering a huge quarterly earnings report Wednesday that showed revenues climbing 66%. The company posted total revenues of $524.6 million for the quarter, besting estimates of $488.5 million. Total members grew from 2.0 million in Q2 to 2.6 million in Q3, a 30% quarter-over-quarter increase....

May 6, 2020

Fitbit swings to profit in Q1 but misses estimates

Revenue dropped by 31% due to weakness in pricing and devices sold. The company sold 2.2 million devices, down 26% year-over-year, due to the introduction of one new product in the latest quarter compared to three new products last year. The average selling price decreased by 11% year-over-year to $81 per...

May 6, 2020

Running on empty: Coronavirus has changed the course for races big and small

The race organizations staging running events are having to grapple with postponements and cancellations to a point where they may not be able to ever come back at full strength. Check out this interesting article and stats on ESPN.

May 6, 2020

BibBoards Inc. Inducts Ed Zuckerberg to advisory board

San Ramon, CA, USA – BibBoards Inc. is an innovative company that was established in 2017 to manufacture fasteners—BibBoards®—is a smart and environmental-friendly replacement for safety pins. Currently, in the wake of Coronavirus pandemic, after customer feedback, the company decided to share with consumers how to use BibBoards® as “4Ears”to...

May 5, 2020

Hutchinson Tires Releases New Gravel Tire: The Touareg

MONTARGIS, FRANCE, May 5th, 2020 — Hutchinson Tires (manufacturing bicycle tires since 1890) is proud to release The Touareg - the latest addition to their gravel/cyclocross range. Whether you're racing or planning an epic adventure, Hutchinson’s goal was to develop a gravel tire with maximum versatility. Merging the best of...

May 4, 2020

International Triathlon Union forecasting loss of at least $1 million in 2020

The International Triathlon Union (ITU) is expecting a loss of up to $1.4 million in 2020 as a result of the coronavirus crisis, but the organisation will not ask for an advance on its Tokyo 2020 payment from the International Olympic Committee (IOC). Read how much money they typically get...

May 4, 2020

Gold’s Gym files for Chapter 11 bankruptcy protection amid coronavirus closings

Gold's Gym filed for Chapter 11 bankruptcy protection Monday as the coronavirus pandemic wreaks havoc on the company's business. The bankruptcy is intended to help the company shed leases. Gold’s Gym will has nearly 700 locations, including about 63 company-owned and operated. Read more on USA Today.

May 4, 2020

Event cancellations plague Emerald’s Q1 performance

Because of numerous event cancellations due to the COVID-19 pandemic, Emerald Holding Inc.—the operator of Outdoor Retailer, Surf Expo and other trade shows—reported revenue for the first quarter declined 27.4 percent to $99.7 million. Read more on SGBMedia.

May 4, 2020

iFit Interactive Fitness Donates One Million Masks to State of Utah

(Logan, UT) - May 4, 2020 — iFit, the leader in interactive connected fitness technology, announces the donation of one million medical-grade surgical masks to the State of Utah. “We’re proud to have iFit Interactive Fitness headquartered in Utah, and I sincerely appreciate iFit’s ability and desire to be part...

May 4, 2020

Documenting the Anthropocene

This Fall/Winter ’20, icebreaker has created a collection in partnership with artist Justin Brice Guariglia. The New Zealand-based apparel brand, a leader in sustainable clothing, is celebrating its 25th anniversary in 2020. The brand believes that nature provides the answers, and for 25 years has developed clothing based on natural fibers...

May 4, 2020

PhytoLyte™: A Premium ‘Brain Boosting’ Hydration Workhorse

Scottsdale, Arizona-( May 4, 2020) – MOXiLIFE™ Nutrition introduces a recently discovered ‘brain boosting’ bonus to PhytoLyte™  Watermelon Cucumber drink for both male and female Ironman triathletes and more specifically for expecting female athletes. The research shows the nutrient; choline, not only enhances and optimizes cellular hydration, it is also...

May 3, 2020

TrainingPeaks Announces the 2020 Endurance Coaching Summit Will Be Hosted Virtually and Free to Attend

Boulder, Colo., May 3, 2020 — TrainingPeaks, a global leader in providing smart and effective digital training solutions for athletes and coaches, today announced that the 2020 Endurance Coaching Summit (ECS) will be hosted virtually this year, and is completely free. The Endurance Coaching Summit returns on Nov 17th-19th for...

May 1, 2020

Challenge Family partners with Blerter

Blerter and CHALLENGE FAMILY are pleased to announce that they will be partnering to increase awareness and adoption of best practice operational standards for triathlons that are part of the legendary CHALLENGE FAMILY global series, with Blerter's leading event delivery platform for sports - strengthening franchise operational readiness and continuing CHALLENGE FAMILY's long tradition of delivering world class...

May 1, 2020

Team Evergreen to present the Co2uT in 2020

EVERGREEN, COLO. May 1, 2020 — Team Evergreen Cycling and Desert Gravel are teaming up to present the inaugural Co2uT gravel race, scheduled for October 10th, 2020.  This unique “Desert Gravel” event starts and ends in Fruita, CO, and travels around and across the Colorado-Utah borderlands. Taking advantage of all...

April 30, 2020

Electrolit Donates Over Half a Million Dollars of Hydration Beverages to Frontline COVID-19 Workers

CERRITOS, Calif. (April 30, 2020) – The makers of Electrolit – the preferred, premium hydration beverage made from pharmaceutical quality grade ingredients – announced today that they have donated over $570k in hydration beverages to frontline COVID-19 workers. The donation will be distributed to hospitals throughout New York, California and...

April 30, 2020

Wanda Sports’ 2019 revenues reach US$1.15bn

Wanda Sports Group’s (WSG) total revenues for 2019 fell to US$1.15 billion, representing an annual decrease of nine per cent compared to the previous year. WSG chief executive Hengming Yang used the annual filing to express his confidence that the events and marketing agency can weather the impact of the ongoing coronavirus pandemic, citing...

April 30, 2020

Alta Cycling Group Provides Support for Retail Partners

KENT, Wash., April 30, 2020 — The COVID-19 crisis and ensuing recession continues to be a challenge that’s evolving week-by-week, making a challenging time even more of a struggle for Independent Bicycle Dealers (IBD’s). The leadership of Alta Cycling Group, a premier cycling company and owner of the Diamondback and...

April 30, 2020

Gran Fondo National Series and The Sufferfest Launch Virtual Qualification for USA Cycling Gran Fondo National Championship

(Gettysburg, PA – April 30, 2020) – In order to provide more opportunities for cyclists to qualify to compete in the 2020 USA Cycling Gran Fondo National Championship, the organizers of the Gran Fondo National Series partnered with the industry leader of Indoor Training, Wahoo & The Sufferfest, to launch...

April 29, 2020

An Ironman Sale Is Pending Amid Coronavirus. Can Its Racing Mojo Endure?

Wanda Sports Group, announced that it would sell IRONMAN to Advance, owner of the media company Condé Nast, for a reported $730 million. The deal is scheduled to close next month. That leaves IRONMAN in an awkward purgatory, during which the seller wants to spend as little money as possible and...

April 29, 2020

American Pacific Group acquires SaltStick

American Pacific Group, a San Francisco-based private equity firm, in partnership with Joe Falsetti of Dana Holdings, has acquired SaltStick, an electrolyte replenishment supplement with a strong following among endurance athletes for in-competition and training activities. Read more on Private Equity Wire.

April 29, 2020

Garmin reports strong revenue and operating income growth for first quarter 2020

Garmin Ltd. announced results for the first quarter ended March 28, 2020. Total revenue of $856 million, a 12% increase, with fitness, marine, outdoor and aviation collectively increasing 17% over the prior year quarter. The company is withdrawing its fiscal 2020 guidance due to the rapid and unpredictable economic changes caused...

April 29, 2020

First Responders Fueled by GU Energy Labs Donations

Berkeley, Calif. — April 29, 2020 — GU Energy Labs has donated more than 65,000 product packages to more than 175 hospitals, medical care facilities, fire departments, police departments and other first responders across the country that are going above and beyond to keep our community safe and save lives...

April 29, 2020

The German Cycling Classic ESCHBORN-FRANKFURT Goes Virtual with ROUVY

Frankfurt, Germany / April 29, 2020 - ROUVY and GFR announce a virtual version of ESCHBORN-FRANKFURT to take place on May 1, 2020. Thanks to the 1:1 simulations by ROUVY, the professionals and amateurs alike can now ride on a shorter 40km-loop of ESCHBORN-FRANKFURT. Nathanael Bank, Project Manager of ESCHBORN-FRANKFURT, sees...