News Topics
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September 19, 2024
Giant officially takes ownership of Stages
Giant Bicycles announced Thursday that it has taken full ownership of Stages Cycling via its indoor cycling subsidiary SPIA after a judge overseeing Stages’ bankruptcy approved the purchase agreement. This comes five months on from the Taiwanese bike manufacturer suing Stages for US$14 million, based on unpaid invoices and products;...
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September 19, 2024
Fitness On Demand Partners with Motosumo to Expand Cycling Options
Fitness On Demand has announced a new partnership with Motosumo, a company that uses smartphone technology to turn any stationary bike into a platform for live, interactive cycling classes. The collaboration will allow users to access live and on-demand classes through Fitness On Demand’s platform, making interactive cycling more accessible...
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September 19, 2024
‘No correlation between price and protection’ – 30 helmets ranked for safety by new study
There is no correlation between the price of a helmet and its protection level, according to a new study from Imperial College London, published on Thursday. Researchers tested 30 of the most popular adult helmets on the market, all medium sized, based on a combination of in-lab testing, data from major retailers, and...
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September 18, 2024
New HFA Report Saw Global Fitness Participation Reaching New Milestones
The Health & Fitness Association (HFA) reports that the global fitness industry reached new milestones in 2023 as more people embrace health and fitness across key regions. According to the data collected by the HFA and published in its 2024 HFA Global Report, several established markets reported record membership levels and fitness...
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September 17, 2024
IRONMAN sued by TriBike Transport
Litigation is currently underway in a lawsuit between IRONMAN and former bike shipping specialist TriBike Transport. The lawsuit was originally filed by TriBike Transport on March 25, 2024, and is ongoing. In its suit TriBike Transport is claiming breach of contract against IRONMAN, claiming that the international event series did not meet certain...
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September 17, 2024
Triathlete Matt Hanson on partnering with AI coaching platform Humango
You can’t have a discussion about sports technology today without including athletes in that conversation. Their partnerships, investments and endorsements help fuel the space – they have emerged as major stakeholders in the sports tech ecosystem. The Athlete's Voice series highlights the athletes leading the way and the projects and...
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September 16, 2024
Strava introduces Metro academic research initiative
Strava, the digital platform for athletes that now boasts more than 125 million users, has launched the Metro for Academic Researchers Programme. This programme is specifically designed for college and university students, as well as academic researchers, to support projects that aim to enhance biking and pedestrian infrastructure in both urban...
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September 16, 2024
Hoka Parent Deckers Brands to Execute Six-for-One Forward Stock Split
Deckers Brands, the parent of the Ugg, Hoka, Teva, Koolaburra, and Ahnu, reported that during its annual meeting held on September 9, 2024, the company’s stockholders approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of its common stock. Deckers said it filed...
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September 16, 2024
Lolë acquires cycling and sports brands owned by Louis Garneau Sports
Athletic wear brand Lolë has announced the acquisition of Louis Garneau Sports, a known company in the field of cycling and sports equipment with three brands: Garneau, Sugoi and Sombrio. The company said in a release that the strategic acquisition marks an important step in Lolë's expansion and strengthens its...
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September 13, 2024
The downfall of run clubs? How capitalism has hijacked the community
A few months back, the New York Times branded running clubs the latest substitute for dating apps, capturing a growing trend that gained momentum as the pandemic upended our social lives. Run clubs offer people a way to connect in the real world, away from the confines of our phones. But the...