Industry News

Industry News Archive for dates of Saturday, April 27, 2019 thru Friday, May 10, 2019
  • 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...
  • The Medics Keeping Ultrarunners Alive 05/07/2019  outsideonline.com - With more participants in ultramarathons, more competitors are experiencing the joy of hallucinations and other ailments. Exile Medics steps into a newly necessary role.
  • Best Bike Cities of 2019: Colorado Dominates, Small Towns Gain Ground 05/06/2019  gearjunkie.com - PeopleForBikes’ second-annual PlacesForBikes City Ratings provide a data-driven analysis that evaluates the safety, appeal, and infrastructure of bicycling in more than 500 communities and provides nationwide rankings. Some surprise cities (Lawrence, Kansas)...
  • Brooks Running Company and Marine Corps Marathon Organization Extend Decades-Long Partnership 05/06/2019  runnersweb.com - Brooks Running Company and Marine Corps Marathon Organization (MCMO) have agreed to extend their relationship for another five years. Under the agreement, which extends the partnership until 2024, Brooks will be...
  • Nurse Ineligible for Marathon Record Because Her Uniform Was Not a Dress 05/06/2019  runnersworld.com – On April 28, Nurse Jessica Anderson hoped to break the London Marathon record for running in a nurse’s uniform. She finished in 3:08:22, which was faster than the record, but did not...
  • Adidas Continues Hot Streak In Q1 05/03/2019  sgbonline.com - Adidas AG reported first-quarter earnings that topped Wall Street’s targets. Revenues grew 6.0% to €5.883 billion ($6.6 bn) as currency-neutral revenues rose 4%. Analysts on average were expecting €5.8 billion. Gross margin...
  • Training for first-time marathon ‘reverses’ aging of blood vessels 05/03/2019  sciencedaily.com - Fitness improved and heart rate dropped after training - both to a modest extent. Aortic stiffness and blood pressure changed more than fitness and heart rate. The study found that older and...
  • Brooks Running Company Opens New, World-Class Distribution Center for Faster Deliveries to Runners 05/03/2019  businesswire.com - Brooks Running Company announces the opening of a brand-new, world-class distribution center that allows it to deliver product to runners and retailers faster. Based in Whitestown, Ind., the facility serves as the...
  • Protesters voice their anger over Ineos sponsorship at Tour de Yorkshire 05/02/2019  cyclingweekly.com - Protesters have made their voices heard as Team Ineos sets off on their first race day after the official launch. Chemical company Ineos has attracted condemnation from environmentalists because of its business...
  • British Cycling Announces Partnership with Swift GO 05/02/2019  britishcycling.org.uk - Motorhome company Swift Go has entered into a long-term partnership with British Cycling to service the requirements of the Great Britain Cycling Team and British Cycling members. Swift Go will provide the...
  • SiS confirmed as exclusive nutrition provider to Team INEOS 05/02/2019  endurancebusiness.com - Science in Sport has announced that its SiS brand is the exclusive nutrition provider to Team INEOS, the UCI World Tour cycling team formerly known as Team Sky. The team will have...
  • London Marathon investigates reports runners were called ‘fat’ and ‘slow’ 05/02/2019  edition.cnn.com - The organizers of the London Marathon said Thursday they would investigate reports from a pacer that runners at the tail end of the 26.2-mile course were sprayed with cleaning fluid and hassled...
  • Under Armour’s Stock Is Jumping After It Beat Earnings Forecasts 05/02/2019  footwearnews.com - Under Armour — which is in the midst of an aggressive turnaround effort following a period of softening growth — announced that it reversed its year-ago losses to post Q1 profits of...
  • Emerald Expositions Q1 Earnings Sink 05/02/2019  sgbonline.com - Emerald Expositions Events Inc., the parent of Outdoor Retailer and a number of other trade shows, reported net income decreased 30.4% in the first quarter ended March 31 on a 3.4% ...
  • UCI and GoPro renew MTB partnership for two years 05/02/2019  endurancebusiness.com - The Union Cycliste Internationale (UCI) has announced the extension of its partnership with GoPro through 2019 and 2020. This two-year agreement will see GoPro continue its support of mountain bike as the...
  • First ÖTILLÖ SwimRun Series Event Approved on U.S. Soil 05/01/2019  triathlete.com - ÖTILLÖ, the European swim/run series that pushed the multisport spinoff into the mainstream, is looking to cross the Atlantic and officially set foot in the U.S. for the first time. Otillo received...
  • Fitbit’s Q1 Revenues Advance 10 Percent 05/01/2019  sgbonline.com - Fitbit Inc. slightly narrowed its loss in the first quarter to $38.1 million from $41 million a year ago as sales gained 9.7%. Revenues came in at $271.9 million. Fitbit expected revenues...
  • Garmin’s Q1 Revenues Expand 8 Percent 05/01/2019  sgbonline.com - Garmin reports operating earnings rose 6% in the first quarter on an 8% sales gain. Marine segment revenues led the growth, up 18%. Sales expanded 9% in Fitness and 7% in Outdoor....
  • Fox Factory bike-related sales up 13% in Q1 05/01/2019  bicycleretailer.com - Fox Factory's bicycle business, through the Fox suspension, Marzocchi suspension, RaceFace and Easton cycling brands, was up 12.7% in the first quarter this year. Fox's motorized-vehicle related sales were up by 34.1%....
  • Brooks Running Announces Partnership with International Front Runners 05/01/2019  businesswire.com - Brooks Running Company and International Front Runners, the global network of lesbian, gay, bisexual, transgender, queer (LGBTQ+) running clubs, announced a two-year partnership to promote inclusion in running. Together, the two orgs...
  • Jen Harned leaves Bell/Giro 04/30/2019  bicycleretailer.com - Jen Harned, who was president and general manager of the Bell and Giro brands for Vista Outdoor, has left the company. Harned had been involved with the Bell brand since becoming the...
  • Garmin Launches 5 New ‘Forerunner’ GPS Running Watches 04/30/2019  gearjunkie.com - Garmin’s new line brings integrated music capabilities, full-color mapping, and advanced training, safety, and tracking to its GPS running smartwatches. The five new watches will track runs, monitor stats, and crunch the...
  • Italian half-marathon organizers face backlash for banning Africans, reverse decision 04/30/2019  thegrio.com - The organizers of a half-marathon in Italy did an about face after previously announcing that they would not allow African runners to run in the May 5 race in the town of...
  • Gear Issue: Segmentation comes to gravel bicycles 04/29/2019  velonews.com - The gravel bike category is becoming increasingly fragmented: race bikes, all-road bikes, bikepacking bikes, and others. Is this segmentation driven by marketing, or need?
  • London Marathon respond to complaints about the use of plastic bottles at the race 04/29/2019  runnersworld.com - London Marathon organisers have today reassured runners that all of the plastic bottles from the race will be recycled, after photos were circulated of a sea of bottles before the clean up.

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