News Topics
November 2, 2022
Triathlete pair launch new translation agency for cycling industry
A duo of triathletes have launched an industry-first translation agency for the endurance sports sector. Based in Warsaw, Poland, Endurance Translations is a new venture by Michal Glowacki and Gosia Glowacka, who have 15 years of translation experience and six-plus years competing in triathlons. Bike Biz
November 1, 2022
Wasserman Adds Providence Equity as Investor; Redbird, Madrone Cash Out
Sports and entertainment talent representative Wasserman has taken on private equity firm Providence Equity as an equity investor. Providence, which counts Learfield and The Chernin Group. Sportico
November 1, 2022
Golden Ticket Controversy At This Year’s Javelina Jundred
Last weekend’s hyper-competitive race in Arizona’s Sonoran desert drew top talent, record-breaking paces, and confusion around nonbinary award categories. Trailrunner
October 31, 2022
Thule reports ‘rapidly declining’ demand for bike-related products in third quarter
Thule Group has published its interim report for July to September 2022, reporting a 23% decline in third-quarter sales year-on-year. Net sales for the quarter amounted to SEK 2,139m. Adjusted for exchange rate fluctuations, sales declined 29.4%. Net sales for the first nine months of the year amounted to SEK...
October 31, 2022
British Cycling chief steps down three weeks after controversial Shell deal
Brian Facer has stepped down with immediate effect as chief executive of British Cycling, three weeks after the organisation announced a partnership with Shell UK that was fiercely criticised by environmental groups. In a statement released yesterdayon Monday, the national governing body for road and track cycling said the decision had been...
October 31, 2022
Layoffs Occur at Mindbody, ClassPass
For the second time in two years, Mindbody has implemented staff layoffs at Mindbody, and this time it also included employees at ClassPass, which Mindbody acquired in October 2021. The software and experience technology platform company did not share how many people were laid off, but those who were laid...
October 31, 2022
Kitzuma temporarily suspends delivery service
Kitzuma Cycling Logistics suspended its delivery service for the fall and winter and laid off most of its driver network in reaction to slowing demand for its door-to-door bike shipping business. Bicycle Retailer
October 27, 2022
Fitness Drives Apple to Record Quarter
Apple reported record fourth-quarter revenue of $90.1 billion — an 8% increase year-over-year — for the period ending Sept. 24. The tech giant’s wearables segment, which includes its fitness watches, posted $9.6 billion in revenue compared to Wall Street estimates of $8.8 billion. FOS
October 27, 2022
Tech startup Body Rocket seeking US investment following £430,000 UK and EU raise
Tech startup Body Rocket is seeking US investment following a successful £430,000 UK and EU raise. Body Rocket is creating the ‘world’s first’ device to provide real-time aerodynamic drag force measurement for cyclists and triathletes, with the accuracy of a wind tunnel. The patented technology (UK only and USA applied-for)...
October 27, 2022
The Difference Between Zero-Sugar and Electrolyte Sports Drinks
Sugar-free sports drinks are made with artificial sweeteners, such as sucralose, and are generally lower in calories and carbohydrates than regular sports drinks. However, this doesn’t mean they’re completely void of electrolytes. Outside Online