News Topics
November 4, 2024
The Pro’s Closet returns under new ownership
The Pro’s Closet (TPC) is set to return under new ownership with Elshair Companies having acquired the TPC brand and its intellectual property. Elshair Companies is a private investment firm with more than 20 years of e-commerce expertise in founding, acquiring... BikeBiz
November 4, 2024
Running influencer enrages participants at New York City Marathon
Running influencer Matt Choi, 29, of Austin, Texas, ran the Sunday’s New York City Marathon, finishing in 2:57:15. But his participation drew some negative reactions from other runners and supporters, who took to Reddit to complain about the fact that he was accompanied by someone riding an ebike. Running Magazine
November 4, 2024
Peloton targets millennial men with first part of multiphase campaign
Peloton on Nov. 1 announced the launch of a new multi-phase campaign — its first from agency Special London — entitled “Find your push. Find your power,” Marketing Drive
November 2, 2024
Yamaha ending US e-bike sales
CYPRESS, Calif. (BRAIN) — Yamaha will stop wholesaling e-bikes in the U.S. market at the end of the year, the company told BRAIN on Friday. The company’s U.S. manager emphasized that Yamaha will continue to support retailers and end users with warranty service and parts “for years to come.” Bicycle...
November 1, 2024
ZIPP Owns The Wheel Count of Kona 2024
It’s that fun time of year again when we get to count up the results of the Kona count, share the data, and put our opinions next to it. Once again, Zipp owns the most significant piece of the wheel count pie. And they did it with very little help...
November 1, 2024
Ōura Acquires Sparta Science
Ōura, the parent company of the Oura Ring fitness wearable, has acquired Sparta Science, a performance analytics company. Sparta’s Trinsic software translates movement data into health insights, including strength, injury risk, and recovery status. By integrating the technology, Oura expects the insights will add a further level of support for...
October 31, 2024
Peloton Earnings Beat Expectations As It Still Loses Subscribers
Peloton reported it has 6.2 million members, a 3% drop from the previous quarter. The connected fitness company reported revenue for fiscal first-quarter 2025 of $586 million Thursday, lower than the previous quarter ($643.6 million) and the year-ago period ($595.5 million). Front Office Sports
October 30, 2024
Generational differences influence views on fitness, study finds
Generational differences can influence views on fitness, as evidenced by results of a new survey conducted by garagegymreviews.com among 2,000 Americans over the age of 18. The younger generations tend to exercise to boost their mental health, as 73% of Millennials (Generation Y) and 70% of Generation Z say they exercise...
October 30, 2024
REI now a Canyon authorized service partner
Canyon Bicycles is expanding its service partner network by adding 28 REI Co-op locations. The consumer-direct brand's network already includes 66 independent bike shops in the U.S. and scores of independent service partners in Europe. All service, including frame warranty and crash replacements, will be fulfilled at Southern California, Denver, and...
October 30, 2024
Garmin Ltd. Ups Guidance on Strong Double-Digit Q3 Growth in Fitness, Outdoor and Marine
Garmin Ltd. posted consolidated revenue of $1.59 billion for the third quarter ended September 28, a 24 percent increase compared to the prior-year third quarter. Revenue from the Fitness segment increased 31 percent to $463.9 million in the third quarter with growth across all categories led by strong demand for...