News Topics
February 9, 2023
Parlee Cycles files for Chapter 11 bankruptcy protection
Custom carbon frame maker Parlee Cycles Inc. filed for Chapter 11 bankruptcy protection on Monday and will continue operations during the process. A balance sheet in its filing showed Parlee's liabilities totaled $4.4 million and total assets totaled $2.6 million at the end of January. BRAIN
February 9, 2023
Fox Racing Enters MTB Footwear Category
Fox Racing, the global leader in motorcycle and mountain bike safety equipment and apparel, has entered the mountain bike shoe category. With the launch of the Union shoe series, Fox now offers both mountain bike and motocross riders head-to-toe protection and apparel. Shop Eat Surf
February 8, 2023
Adidas Unveils 2023 Boston Marathon Celebration Jacket
With just over two months until the 127th Boston Marathon on April 15, Adidas unveils this year’s version of the jacket, with a design focused on sustainability and minimal environmental impact. However, not all runners are pleased with the announcement. Believe in the Run
February 8, 2023
Pace-tuned run shoe start-up Vimazi aiming to secure US$1m in funding
Pacific Northwest based running shoe start-up Vimazi opened its most recent funding round for US$1 million in preferred stock this week. By engineering its shoes according to the pace of the runner, Vimazi’s pace-tuned technology claims to provide more shock absorption with less energy loss than other brands. Endurance.biz
February 8, 2023
Under Armour Beat Expectations in Q3 — And Footwear Was a Major Growth Driver
The Baltimore-based brand reported revenues of $1.6 billion, up 3% over last year. Net income was $122 million and adjusted diluted earnings per share was $0.16. Both earnings and revenues exceeded the expectations of analysts surveyed by Yahoo Finance. Yahoo Sports
February 7, 2023
Duo Jailed For Robbing British Cycling Star Cavendish At Knifepoint
Two men were jailed on Tuesday for robbing British cycling star Mark Cavendish and his wife Peta of their high-value watches in a knifepoint attack at their home in 2021. The pair broke into the property about 40 kilometres (25 miles) northeast of London in the early hours of November...
February 7, 2023
‘A movie that should have been made long ago’: New film celebrates cycling’s first Black World Champion
The list of trailblazing African Americans in athletics is long, and while the achievements of many competitors of color —like Jesse Owens, Jackie Robinson and Bill Russell— are well documented and celebrated today, others have fallen into obscurity. One such athlete is Major Taylor, cycling’s first Black World Champion and...
February 7, 2023
Ironman follows World Triathlon lead with super-shoe ban
Last December we reported that World Triathlon was banning super shoes like the ones Gustav Iden wore to win last October’s Ironman World Championship – now we’ve learned that Ironman will be following suit. Iden was one of a number of pros wearing shoes that will no longer be legal...
February 5, 2023
Zwift Continues to Level Up With $620M Investment
The company isn’t turning a profit yet, co-founder Eric Min told Bloomberg, but it recently raised $620 million in funding from investors including Amazon’s Alex Fund, KKR and Co., and Permira Holdings. FOS
February 4, 2023
If the Ironman World Championship Doesn’t Happen in Kona, Did It Even Happen?
The iconic one-day world championship event has outgrown the small town on the island of Hawaii. But will triathletes follow the race outside of Kona? NYT (PAYWALL)