News Topics
July 22, 2021
Sea Otter Australia postponed to 2022 due to COVID
Is this 2020 all over again? Sea Otter Australia has been postponed from its 2021 dates to September 29, 2021 to October 3 2022 due to the current COVID threat. Note from Sea Otter: Unfortunately, after carefully monitoring the evolution of the current coronavirus threat, it has become clear that...
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
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 21, 2021
Triathlons Have a Diversity Problem: Here’s Who’s Fixing It
Black athletes make up less than 1% of triathletes in the U.S. and Canada. One woman is ready to change that statistic. GearJunkie
July 21, 2021
Lifting Weights? Your Fat Cells Would Like to Have a Word
We all know that lifting weights can build up our muscles. But by changing the inner workings of cells, weight training may also shrink fat, according to an enlightening new study of the molecular underpinnings of resistance exercise. NYT
July 21, 2021
A Hot Fitness Trend Among Olympians: Blood Flow Restriction
Some athletes in Tokyo are indulging in a trendy technique to enhance the effects of training and stimulate recovery. NYT
July 21, 2021
Tech company TCS renews NYC Marathon rights and will spend $280 million on race sponsorships
TCS has retained New York City Marathon title rights and plans to spend up to $40 million annually until 2029 on global race sponsorships. The India-based firm also has become the new title sponsor of the London Marathon. CNBC