Industry News
Industry News Archive for dates of Thursday, February 5, 2015 thru Wednesday, February 18, 2015
- Lance Armstrong pleads guilty to careless driving in Aspen 02/18/2015 usatoday.com - Lance Armstrong pleaded guilty to careless driving for hitting two parked cars with his SUV in Aspen, a crash his girlfriend originally tried to take the blame for, a prosecutor confirmed Wednesday.
- Dorel names Adam Ingrao vice president of key accounts 02/18/2015 bicycleretailer.com - Dorel Sports has promoted Adam Ingrao to the position of vice president of key accounts. Ingrao will be responsible for product assortment, sales and marketing across the sporting goods channel in North...
- Zappos.com Signs on as Title Sponsor of San Francisco’s Bay to Breakers Race 02/18/2015 sportsonesource.com - Zappos.com signed on as the title sponsor of the San Francisco footrace, Bay to Breakers. The event will be renamed Zappos.com Bay to Breakers during the brand’s multi-year partnership with the...
- Skechers Honored at The Footwear Industry Awards 02/18/2015 sportsonesource.com - Skechers USA, Inc. was named Footwear Brand of the Year and Fashion Footwear Brand of the Year at The Footwear Industry Awards. Skechers was also highly commended in the Sports Brand...
- Fitness segment drives Garmin gains in fiscal 2014 02/18/2015 triathlonbusiness.com - Garmin announced results for the company’s fiscal year and quarter ended 27 December 2014. Garmin’s fitness division posted revenue growth of 70% in the quarter, confirming the strength of its product portfolio...
- L’Eroica comes to California 02/18/2015 bikeradar.com - L’Eroica, Tuscany's famed gran fondo completed on vintage bikes and in retro clothing, is coming to California this spring.
- Mavic sales up 16 percent in final months of 2014 02/17/2015 bicycleretailer.com - Mavic’s worldwide sales were up 16 percent in the final months of 2014, capping an 8 percent increase for the year in Amer Sports’ cycling division.
- Bikes vs. Cars: The Deadly War Nobody’s Winning 02/17/2015 outsideonline.com - Liability lawyer and former professional bike racer Megan Hottman spends her working hours representing cyclists who've been injured by reckless drivers. But, she finds that although bike riders are part of the...
- The hunt for equal Kona slots 02/17/2015 slowtwitch.com - There is a strong push to increase the number of female pros qualifying for Kona to 50, bringing the women’s field up to parity with the men.
- Pro triathlete Lewis Elliot ties up with Maxim 02/17/2015 triathlonbusiness.com - US pro triathlete Lewis Elliot has partnered with Maxim Sports Nutrition to achieve his goal of standing on the podium at the IRONMAN World Championships.
- Lucy Gossage teams up with CEP Compression 02/17/2015 triathlonbusiness.com - CEP Compression has confirmed its support of top IRONMAN triathlete Lucy Gossage, who is the latest athlete to join the apparel brand’s high performance CEPro team of athletes. Lucy Gossage’s new partnership...
- Black Diamond to invest $7.7M, add 160 jobs in Utah 02/16/2015 bicycleretailer.com - Black Diamond Equipment, which owns the protective gear brand POC, plans to add as many as 160 jobs and make capital investment of up to $7.7 million at its new facility in...
- Rapha and Bradley Wiggins team up on clothing line and sponsorship 02/16/2015 bicycleretailer.com - Former Tour de France winner Sir Bradley Wiggins will work with the Rapha clothing brand on a new line of clothes following Wiggins' departure from Team Sky this spring. Wiggins plans to...
- UPDATED: Armstrong loses SCA case, ordered to pay $10 million 02/16/2015 velonews.competitor.com - A Texas arbitration panel has ordered Lance Armstrong to pay $10 million to SCA Promotions following a protracted legal battle. The award is believed to be the largest assessed against an individual...
- Asics Global Revenues Hit $2.99BB in Transitional FY14 02/16/2015 sportsonesource.com - Asics reported net income of ¥22,285 million ($188 mm) in the nine-month fiscal year ended Dec. 31 on annual revenues of ¥354.05 billion ($2.99 bn).
- No Lansing Marathon in 2015; race on hiatus, organizer says 02/16/2015 mlive.com - Organizers for the Lansing Marathon announced that there would be no races in 2015, which would have been the fourth year for the event.
- Trek named presenting sponsor of Bicycle Times Adventure Fest 02/13/2015 bicycleretailer.com - Trek will be the presenting sponsor of the inaugural Bicycle Times Adventure Fest, a bike festival planned for October in Central Pennsylvania, produced by Rotating Mass Media.
- Osprey expands Colorado headquarters, prepares Utah distribution center 02/13/2015 bicycleretailer.com - Osprey Packs, Inc.. plans to expand its headquarters in Cortez, Colo., as the company also is completing its new distribution center in Ogden, Utah, which will open in mid-April with a...
- SRAM recalls Zipp 88 hubs 02/13/2015 velonews.competitor.com - SRAM has recalled about 12,000 Zipp 88 hubs after reports of hub flange ring failures.
- Jimmy Riccitello Named Head Referee for IRONMAN 02/13/2015 ironman.com - Jimmy Riccitello takes on a new global role as Head Referee for IRONMAN. He is a former professional triathlete who was renowned during his racing days as one of the sport's best...
- Shimano sales jump 23 percent in 2014 02/12/2015 bicycleretailer.com - Shimano pocketed an extra $518.7 million last year as sales hit $2.8 billion (333.168 billion yen), with most of the increase coming from the company's cycling division.
- Wearing Compression Socks Post-Marathon Improves Recovery 02/12/2015 runnersworld.com - Two weeks post-race, compression group's performance improved by 2.6 percent, while control group's performance declined.
- Shimano sales jump 23 percent in 2014 02/12/2015 bicycleretailer.com - Shimano pocketed an extra $518.7 million last year as sales hit $2.8 billion (333.168 billion yen), with most of the increase coming from the company's cycling division.
- Nordstrom Names Girls on the Run as New Nonprofit Partner 02/12/2015 sportsonesource.com - Nordstrom has selected a new beneficiary organization to partner with through July 2015: Girls on the Run which teaches valuable life skills through a fun and engaging curriculum centered on interactive lessons...
- Jarden Outdoor Swings Into the Black on Modest Q4 Sales Gains 02/12/2015 sportsonesource.com - Jarden Outdoor Solutions, which owns Coleman, Marmot, Rawlings and two dozen other outdoor and athletic brands, moved solidly into the black on nearly flat sales in the fourth quarter.
- Thule Group Says Exchange Rates Erased Q4 Growth 02/12/2015 sportsonesource.com - The Thule Group AG reported sales from continuing operations grew 5.6 percent to SEK 976 million ($131 mm) during the fourth quarter ended Dec. 31, but declined 3.3 percent in currency...
- Skechers Q4 Profits Leap 02/12/2015 sportsonesource.com - Skechers USA, Inc. reported sales for the fourth quarter of 2014 were $569.7 million, gain of 26.4 percent.
- City of Philadelphia Changing Production Company For Annual Bicycling Race 02/11/2015 philadelphia.cbslocal.com - Just four months before the annual Philadelphia International Cycling Classic, the city is switching gears and rolling out a new producer to run the event. Sources say Liberty Sports Development, the...
- Philadelphia shifts gears, names new director for annual pro bike race 02/11/2015 m.bizjournals.com - Philadelphia is renaming its annual professional bike race the "Philadelphia International Cycling Classic," and bringing in G4 Productions to run it.
- USADA chief Tygart rejects Armstrong ‘witch hunt’ claim 02/11/2015 velonews.competitor.com - The U.S. anti-doping chief Wednesday dismissed accusations of a “witch hunt” against Lance Armstrong and said he was delighted with reforms aimed at cleaning up cycling.
- SKECHERS Announces Fourth Quarter and Fiscal Year 2014 Financial Results 02/11/2015 businesswire.com - SKECHERS USA, Inc. announced financial results for the fourth quarter and fiscal year ended December 31, 2014. Net sales for the fourth quarter of 2014 were $569.7 million compared to $450.7 million...
- How Do Your Eating Habits Stack Up? 02/11/2015 runnersworld.com - Part of the fun of running is comparing yourself to other people. If you'd like to go beyond PRs and compare your eating habits to those of the general populace, this review...
- Hy-Vee pulls the plug on triathlon 02/11/2015 slowtwitch.com - The popular and rich purse Hy-Vee Triathlon will not take place in 2015 according to the Des Moines Register Hy-Vee. Hy-Vee had sent out a letter to race participants to inform them...
- Mavic promotes Chad Moore to global brand manager 02/10/2015 bicycleretailer.com - Chad Moore, the current marketing director for Mavic in North America, will relocate to Mavic's headquarters in Annecy, France, in June to take on the role of global brand manager.
- Online Registration 02/10/2015 slowtwitch.com - Why some events succeed and others fail fascinates writer and racer Dan Empfield. But after years of observation, he concluded that it’s the totality of the social, cultural and athletic experience that...
- Aqua Sphere UK expands team 02/10/2015 triathlonbusiness.com - Reporting another year of double digit growth for its award winning goggles, swimwear, triathlon wetsuits and accessories, Aqua Sphere is further expanding its UK team with the appointment of Stacey Langlois as...
- Mavic’s North American Marketing Director Headed to Annency 02/10/2015 sportsonesource.com - Chad Moore, current marketing director for Mavic in North America, will relocate to Mavic headquarters in Annecy, France in June to take on the role of global brand manager. He will also...
- The Debate Over Running While High 02/09/2015 wsj.com - The grueling sport of ultramarathon running has fostered a clandestine mingling of two seemingly opposite camps: endurance jocks and potheads. WSJ's Kevin Helliker discusses with Tanya Rivero.
- World’s First Underground Bike Park Opens 02/09/2015 outsideonline.com - The world’s only subterranean bike park, located in a former limestone mine 100 feet below Louisville, Kentucky, opened for business on Monday. The Louisville Mega Cavern offers mountain bikers 320,000 square feet...
- The Finish Line Hires Chief Omnichannel Officer 02/09/2015 sportsonesource.com - The Finish Line, Inc. hired Imran Jooma has joined the company as chief omnichannel officer and executive vice president.
- 0.0-Mile Run in Philly Unites Runners and Non-Runners 02/07/2015 runnersworld.com - About 375 bib-wearing participants toed the start (and finish) line of the inaugural Philly 0.0 Instant Gratification Run last Friday, Feb 6, many with beers in hand, most in street clothes. The...
- Hoka One One Signs On As Title Sponsor of Northern Arizona Elite 02/06/2015 running.competitor.com - In a blockbuster deal announced Friday, Hoka One One has signed on as a multi-year title sponsor of Northern Arizona Elite, a post-collegiate training group based in Flagstaff, Ariz.
- Accell Group hires chief supply chain officer 02/06/2015 bicycleretailer.com - Accell Group N.V., parent of SBS, Raleigh, Diamondback, Currie and Redline in the U.S. and a slew of European brands, will appoint Jeroen Both to its board of directors as chief...
- Time Inc. UK Acquires UK Cycling Events 02/05/2015 marketwatch.com - Time Inc. (UK) Ltd announces the acquisition of UK Cycling Events (UKCE), the UK’s leading provider of premium cycling events. Time Inc. UK’s cycling portfolio include Cycle Sport, Cycling Active, Cycling Fitness,...
- GoPro’s Q4 Revenues and Margins Soar 02/05/2015 sportsonesource.com - GoPro, Inc. reported revenue soared 75.4 percent and gross margin 600 basis points in the fourth quarter ended Dec. 31, 2014 after shipping as many cameras as in all of 2012.
- Dakine Hires Akimbo Communications 02/05/2015 sportsonesource.com - Dakine has hired Akimbo Communications to oversee media relations. Akimbo will collaborate with the brand to communicate its stories, new initiatives, and promote its extensive collections of apparel and accessories for snow,...
- Runner Detained at Security Checkpoint Files Lawsuit 02/05/2015 runnersworld.com - Philadelphia runner Roger Vanderklok filed a lawsuit last week against the TSA, the Philadelphia Police Department, and the Department of Homeland Security after he got stopped at a security checkpoint as he...
- Announcing The Best Bodies In Triathlon Winners 02/05/2015 triathlon.competitor.com - The Best Bodies in Triathlon contest touted the best bodies in the sport—and the hard work that goes into creating them, hoping to inspire triathletes looking to achieve fitness goals in 2015....
