Industry News

Industry News Archive for dates of Wednesday, October 16, 2019 thru Tuesday, October 29, 2019
  • The Amgen Tour of California Cycling Road Race Put on Hiatus for 2020 10/29/2019  aegworldwide.com - Organizer AEG announced it would place the race on hold for 2020, and reevaluate whether there is a business model that will allow them to successfully relaunch the race in 2021.
  • Shimano component sales up over 6% through third quarter 10/29/2019  bicycleretailer.com - Shimano is reporting that sales in its bike division were up 6.3% in the first three quarters of this year, compared to the same period last year. In the bike division, sales...
  • This popular marathon has moved to a ballot entry system 10/29/2019  runnersworld.com - The move comes after many runners took to social media to vent their frustrations, after the site crashed due to the amount of runners trying to apply for this year’s spots. Dublin...
  • Google owner Alphabet in bid to buy Fitbit 10/28/2019  reuters.com - Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc, as it eyes a slice of the crowded market for fitness trackers and smartwatches.
  • Dick’s Sporting Goods claims former chief tech officer owes it half of his $1.5 million sign-on bonus 10/24/2019  pennrecord.com - Dick's Sporting Goods Inc., filed a suit against Paul Gaffney claiming breach of contract.
  • Vista Outdoor Names Pearl Izumi’s Chris Sword President of Bell/Giro 10/24/2019  bicycleretailer.com - Sword, who has been president of Shimano-owned Pearl Izumi for about two years, will become president of Vista Outdoor's Bell & Giro brands effective Oct. 30.
  • Asics Takes Equity Stake In Dreamers Fund 10/23/2019  sgbonline.com - Asics Corp. announced that its investment subsidiary Asics Ventures Corporation took an equity stake in Dreamers Fund, which invests primarily in early-stage startups in the U.S. Asics Ventures will be a limited...
  • International Sales Fueling Skechers’ Growth 10/23/2019  sgbonline.com - The company’s international sales increased 21.9%, or 25.7% on a constant currency basis, accounting for 58.8% of sales—the highest in the company’s 20 years of operation. Skechers’ branding is gaining traction in...
  • Virgin Money to exit as London Marathon title sponsor 10/23/2019  sportspromedia.com - The organisers of the London Marathon are on the lookout for a new title sponsor after financial services company Virgin Money chose not to renew its contract with the event after 2021.
  • WADA hopes to use artificial intelligence to catch dopers 10/22/2019  cyclingweekly.com - The World Anti-Doping Agency (WADA) is turning its eye to a new method of detecting who is using clandestine methods to gain an advantage – artificial intelligence. WADA and the Fonds de...
  • Shimano is working on ABS for bikes 10/22/2019  bikeradar.com - Shimano has filed a patent for an ABS system (anti-lock braking) for bikes, suggesting that the brand might release its own version of the technology in the near future.
  • Kevin Plank is stepping down as CEO of Under Armour 10/22/2019  businessinsider.com - Under Armour's founder, Kevin Plank, is stepping down from his role as CEO of the company after 23 years to take on the roles of executive chairman and brand chief at Under...
  • Spartan Race Bans Ameer Haroun 10/22/2019  obstacleracingmedia.com - Obstacle Racing Media released a story that detailed accusations of sexual harassment, bullying and rape against Ameer Haroun. In an unprecedented move in the obstacle racing industry, Spartan Race has banned Ameer...
  • The Reinvention of the Running Race 10/21/2019  outsideonline.com - Under Armour’s new underground race doesn’t have a starting line. It has four—and it’s breathing new life into running events.
  • #MeToo Hits OCR 10/21/2019  obstacleracingmedia.com - A shocking investigative report shines a light on some serious accusations against the administrator of Spartan 4-0, a popular Facebook group for obstacle racing enthusiasts. Firsthand accounts of inappropriate behavior and more...
  • Could potatoes be an alternative to energy gels? 10/21/2019  220triathlon.com - Scientists from the University of Illinois have found consuming potato puree during prolonged exercise works just as well as gels in sustaining blood glucose levels and boosting performance.
  • The First Step Toward a Women’s Red Bull Rampage 10/20/2019  outsideonline.com - At the inaugural Formation, hard-charging female mountain bikers hit big lines in Utah, with the hopes of starting an all-new event for women’s freeriding.
  • Those Superfast Nike Shoes Are Creating a Problem 10/19/2019  nytimes.com - The Tokyo Olympics are coming up fast, and the I.A.A.F. has appointed a technical committee to study the shoe question, and make a report in the next two months.
  • Former Under Armour Exec Levels New Accusations of Discrimination Against Brand and Then-Manager 10/18/2019  footwearnews.com - A former Under Armour Inc. executive, Leon Duncan, who is black, claimed that he was denied a promotion, paid less than a white subordinate and defamed following his termination at the Baltimore-based...
  • Giant “to sell 600,000 e-bikes this year” 10/18/2019  bikebiz.com - Giant expects to sell about 600,000 e-bikes this year, Bike Europe reports. The sales success comes while Giant is investing heavily in its second production facility in Europe, which is focused on...
  • Race Directors: Stop letting runners freeze at the start line 10/17/2019  runnersworld.com - This article from Runner’s World discusses the dilemma most runners have faced at the start line and how to best combat.
  • Runner who confessed to cheating in a half-marathon under suspicion again after Chicago race 10/16/2019  nydailynews.com - A runner who recently confessed to cheating at multiple races, including one where she rode a bike for part of the course, is under suspicion of course-cutting again this week after she...
  • IOC plan to move Tokyo Olympic 10/16/2019  reuters.com - The International Olympic Committee on Wednesday announced a plan to move the marathon and race walking at Tokyo 2020 to Japan’s northernmost island of Hokkaido from originally planned courses in the capital...
  • Strava announces app will no longer support Bluetooth and ANT+ 10/16/2019  cyclingweekly.com - Strava has announced its app will no longer support Bluetooth and ANT+ devices, which is bad news for anyone who records activities using their phone. The social media for athletes has informed...
  • Kind Acquires Better-For-You Snacking Company Creative Snacks 10/16/2019  sgbonline.com - Kind Healthy Snacks (Kind) announced the acquisition of Creative Snacks Co. Creative Snacks’ award-winning snack offerings feature premium ingredients and include almond and coconut nut clusters, trail mixes, granolas, and pretzels. This...
  • Asics Takes Stake In Pyrates Smart Fabrics 10/16/2019  sgbonline.com - Asics Corp. announced that Asics Ventures Corporation, its investment subsidiary, has taken an equity stake in Pyrates Smart Fabrics, a Spanish startup that develops and supplies advanced and responsible fabrics.

Submit Your Press Release

Get your news delivered to thousands of media contacts and industry insiders in the running, cycling and triathlon industries now.

Newsletter

Join ESW Today!

Join

Connect