News Topics
September 27, 2024
Garmin Eyes Wearables as the Future of Healthcare
At the 10th annual Garmin Health Summit held this week in Prague, Garmin pointed to a future where fitness trackers and smartwatches are an integral part of global healthcare systems, with doctors having access to patients’ information like sleep and heart rate data to inform better treatment plans, and health...
September 26, 2024
The Pro’s Closet will close in October
The Pro’s Closet — which started out of its founder’s VW bus, evolved into an eBay store, and became a used bike and component e-commerce giant — will close in October after 18 years. TPC issued a short news release Thursday announcing the decision. Like a lot of companies in...
September 26, 2024
Lululemon ends partnership with ultrarunner Camille Herron
Canadian athleisure brand Lululemon has ended its partnership with American ultrarunner Camille Herron after she and her husband, Conor Holt, were implicated in a Wikipedia editing scandal. On Monday, we reported on the couple’s history of making pro-Herron edits to her Wikipedia page while editing the pages of other ultrarunners (including Courtney Dauwalter and Kilian Jornet) to remove or...
September 25, 2024
Connected fitness tech unicorn EGYM snaps $200M at over $1B valuation
Munich-based EGYM, which specialises in connected fitness equipment and personalised training tech, has secured nearly $200 million in growth capital. The investment came from L Catterton, a global consumer-focused investment firm, and Meritech Capital, a Silicon Valley technology-focused venture firm. This round boosts the company’s valuation to over $1 billion. This...
September 25, 2024
The Pro’s Closet may be in deep trouble
As the days shorten in the northern hemisphere, many bike shops put items that haven’t yet sold on clearance. But at online retailer The Pro’s Closet, which specializes in certified used bikes and gear and liquidating new, prior-year product, this is no normal end-of-season closeout section. For one thing, virtually...
September 25, 2024
Is Google Fitbit in trouble? Website shutdown revitalizes concern about the brand’s future
9to5Google spotted that Fitbit.com, the official website for the popular brand of wearable fitness trackers, is not long for this world. At the top of the page is a new message stating that the site's functions will move to the Google Store on Oct. 1. Google bought Fitbit for $2.1 billion in 2019...
September 25, 2024
A Data-Driven Environmental Scan of the Trail and Ultra Coaching Industry
This month, we dig into trends in the growing industry of professional trail and ultra coaching. How many coaches are there? What proportion of runners use their services? Are there trends in the types of services that coaches offer? These questions can be challenging to answer. As small business operators,...
September 25, 2024
Boston man faces $5K fine, drone forfeiture for flight over marathon
A Boston man is facing serious legal consequences after flying a DJI Mavic drone dangerously close to the Boston Marathon finish line in April, prompting a dramatic mid-air interception by law enforcement. The drone, which sparked concerns about public safety, was seized just minutes before the first race finishers crossed...
September 24, 2024
2025 Boston Marathon cut-off time rises to nearly seven minutes
On Tuesday, the Boston Athletic Association (B.A.A.) officially revealed the cut-off time for the 129th Boston Marathon, set for Monday, April 21, 2025. The cut-off time required to secure a spot in the race has risen to six minutes and 51 seconds (6:51), meaning only those who exceeded their qualifying...
September 23, 2024
Bicycle Transit Systems to Acquire BCycle from Trek
Trek’s bike share operator, Bicycle Transit Systems, Inc., announced that it signed a definitive agreement to acquire BCycle from Trek. The acquisition will make Bicycle Transit Systems North America’s only docked bike share company with fully integrated end-to-end operations and allow it to expand mobility options in cities nationwide with...