Industry News

Industry News Archive for dates of Wednesday, May 8, 2019 thru Tuesday, May 21, 2019
  • This Stage Race Wants to Become the Women’s Tour de France 05/20/2019  bicycling.com - Organizers have announced plans to host the “Battle of the North,” a 10-day women’s stage race, starting in 2021. The race aims to join the Women’s World Tour and cover three countries...
  • Fox Racing Appoints Jeff McGuane As CEO 05/20/2019  sgbonline.com - Fox Racing, the maker of motocross and mountain bike gear and apparel, announced that Jeffrey McGuane will be joining Fox as chief executive officer, effective June 3. Paul Harrington, operating partner of...
  • A 22-year-old woman has died after collapsing during the Cleveland Marathon 05/20/2019  edition.cnn.com - Taylor Ceepo, 22, was pronounced dead on arrival at University Hospitals Cleveland Medical Center after collapsing at the Cleveland Marathon. Temperatures on race day were warm, reaching 80 degrees in the 9...
  • Specialized Bicycle announces US leadership changes 05/17/2019  bicycleretailer.com - Specialized Bicycle Components announced several U.S. leadership moves. GM Jeff McGuane will leave Specialized to be CEO position of Fox Racing. Sam Benedict, GM of US mountain biking, will lead Marketing and...
  • Nike and the Problem with Pro Running Contracts 05/17/2019  outsideonline.com - Thanks to non-disclosure agreements, female athletes are often not permitted to publicly discuss the specifics of their contracts. This mandate of secrecy often serves to perpetuate a situation where athletes get...
  • Tour of California: What riders and directors think of the controversial jury decision 05/16/2019  velonews.com - Many of the riders and team directors at the Amgen Tour of California disagree with the UCI race jury’s decision to neutralize the final 3.4 kilometers of racing. The move negated the...
  • Riders pulled from Giro d’Italia and Tour of California as UCI publishes names linked to blood doping scandal 05/15/2019  cyclingweekly.com - The Austrian blood doping scandal has hit the Giro d’Italia and the Tour of California as the UCI has published four names believed to be connected with the case. The UCI said...
  • Chicago Marathon Breaks Charity Record at 2018 Race 05/15/2019  runnersworld.com - The Chicago Marathon raised an event record for charity funds at the 2018 race. The Charity Program, which consisted of more than 11,000 runners raising money for local, national, and global charities,...
  • There Might Finally Be a Cure for Overtraining 05/15/2019  outsideonline.com - Figuring out how to reap the benefits of functional overreaching without tipping over the edge is one of the great challenges of training. Some athletes resort to ketone drinks as an endurance...
  • Spartan and CRAFT Sportswear to Launch First-In-Sport High Performance Obstacle Course Racing Footwear 05/14/2019  mudrunguide.com - Spartan, the world’s largest obstacle course race (OCR) and endurance brand and CRAFT Sportswear, a performance apparel and footwear brand have created the Spartan RD PRO by CRAFT, an OCR shoe...
  • REI Wants to Buy Your Used Bike 05/14/2019  gearjunkie.com - REI wants to make it easier to sell your old bike. For the next 3 months, the co-op will pilot a bike buyback program in partnership with The Pro’s Closet, a leading...
  • Nike loves promoting women athletes — but apparently not if they get pregnant 05/13/2019  vox.com - This weekend, athlete Alysia Montaño — known during the 2014 Olympics as “the pregnant runner” — participated in a video calling out Nike for what she points out is a hypocritical disconnect...
  • Cannondale Driving Rebound For Dorel Sports 05/13/2019  sgbonline.com - Dorel Industries said its Dorel Sports’ segment showed recovery in the first quarter. Dorel Sports includes Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse. Revenue in the Dorel Sports segment in the first...
  • Wolverine World Wide Tops Guidance In Q1 05/13/2019  sgbonline.com - Wolverine World Wide reported earnings in the first quarter were down slightly on an adjusted basis but exceeded guidance as its top-five brands, including Merrell and Saucony. Reported revenue of $523.4 million...
  • The rights to the LA Marathon will be owned by a Boston charity 05/10/2019  bostonglobe.com - Businessman Frank McCourt is moving the Los Angeles Marathon to ownership to Boston. He is donating the organization that runs the marathon and affiliated events to a family foundation overseen by a...
  • Darrell Denny exits Emerald Expositions 05/10/2019  snewsnet.com - Darrell Denny is leaving his post as executive vice president of Emerald Expositions after the company underwent a restructuring. Denny led the sports and e-commerce trade shows, such as Outdoor Retailer and...
  • British Cycling and Bikmo complete new insurance partnership 05/09/2019  endurancebusiness.com - Award-winning cycle insurance company Bikmo has been unveiled as the official provider of bike insurance to British Cycling members. It will focus on providing 365-day worldwide cover for accidental damage and theft...
  • CEO: Vista Outdoor may hold onto Bell and Giro for years 05/09/2019  bicycleretailer.com - Vista Outdoor, Inc. is continuing to back away from its previously announced plans to sell off its Bell and Giro businesses. The company’s CEO told investors on Thursday that Vista planned to...
  • NIKE, Inc. Declares $0.22 Quarterly Dividend 05/09/2019  businesswire.com - NIKE, Inc. announced that its BOD has declared a quarterly cash dividend of $0.22 per share on the company’s outstanding Class A and Class B Common Stock payable on July 1, 2019...
  • GoPro’s Q1 Revenues Climb 20 Percent 05/09/2019  sgbonline.com - GoPro Inc.’s revenues topped Wall Street’s targets, driven by strong demand for its new range of cheaper action cameras from flagship brand, Hero. Revenue for Q1 2019 was $243 million, up 20%...
  • Saucony Promotes Joe Toth To VP Of U.S. Sales 05/08/2019  sgbonline.com - Saucony, a division of Wolverine Worldwide, Inc., announced the promotion of Joe Toth to the position of VP of U.S. sales. Toth was formerly GMr of Saucony Canada. Saucony also announced the...

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