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Industry News

Industry News Archive for dates of Saturday, November 15, 2014 thru Friday, November 28, 2014
  • Southern California Bicyclist under new ownership 11/28/2014  bicycleretailer.com - Southern California Bicyclist, a regional, bimonthly publication, has a new owner. Christopher Reynolds has acquired the magazine from longtime owner and founder Will Decker.
  • UCI announces 5th doping case linked to Astana 11/26/2014  usatoday.com - The International Cycling Union has provisionally suspended Kazakh rider Artur Fedosseyev in the fifth doping case linked to the Astana team. The 15th placer tested positive for an anabolic steroid on Aug....
  • Running Specialty Group Boosts Lineup with Run Colorado 11/26/2014  businesswire.com - The Running Specialty Group (RSG) announced the addition of Run Colorado to its national community of specialty retail shops.
  • Bicycle Friendly Communities now in all 50 US states 11/26/2014  triathlonbusiness.com - The League of American Bicyclists has confirmed 55 new and renewing Bicycle Friendly Communities (BFC).
  • Steve Hed, aerodynamics pioneer and industry-news icon, dies at 59 11/26/2014  velonews.competitor.com - Steve Hed, a relentless tinkerer whose innovations in aerodynamics and wheel design set industry-news trends for three decades, died Wednesday. He was 59.
  • GoPro Developing Line of Consumer Drones 11/26/2014  online.wsj.com - GoPro Inc. is developing its own line of consumer drones to expand from its core business of making wearable video cameras popular with surfers and other sports enthusiasts, according to people familiar...
  • Why Running Keeps Your Brain Healthy as You Age 11/25/2014  runnersworld.com - New research indicates that people who run more than 15.3 miles per week earlier in life have a 40 percent lower risk of Alzheimer’s disease mortality.
  • Top cycling teams unite under 1 umbrella 11/25/2014  usatoday.com - Eleven of the world's leading cycling teams have united to form Velon, a business venture that they hope will rejuvenate the sport in the wake of doping scandals, haphazard management and questions...
  • Dahon moves to larger factory, looks to double production 11/25/2014  bicycleretailer.com - With a goal of doubling annual production to 1 million bikes, folding-bike maker Dahon has relocated to a larger factory in the Songgand district of Shenzhen, China.
  • Scott Sports USA will be the official goggle, pole, helmet and bike sponsor of Utah’s Deer Valley Resort 11/25/2014  bicycleretailer.com - Scotts Sports USA is becoming a year-round sponsor of the nearby Deer Valley Resort, home to many bike-related events. In a multi-year agreement, Deer Valley is now considered "the home resort" for...
  • Trek doubles Wisconsin distribution space 11/25/2014  bikebiz.com - Trek – which has been manufacturing bicycles in Waterloo, Wisconsin since 1976 – is to move its distribution centre in the same state to a site double the size.
  • Under Armour Senior Advisor Steps Down 11/25/2014  sportsonesource.com - Under Armour said Byron K. Adams Jr. has left his post as Under Armour Inc.'s senior advisor to Chairman and CEO Kevin Plank, effective Friday, according to a filing with the...
  • Turkey Trots by the Numbers 11/25/2014  running.competitor.com - Turkey Trots, which have ties to food banks, homeless shelters and other related charity programs, are often used by families to get their children involved in charitable activities. Here's a glimpse into...
  • Zain Bahrain sponsors Challenge Bahrain 11/24/2014  triathlonbusiness.com - Zain Bahrain, a leading mobile and data services operator, is sponsoring Challenge Bahrain, the new Challenge Family international triathlon held in the Kingdom of Bahrain on 6 December 2014.
  • Gonzalo García de Salazar is new manager at Orbea USA 11/24/2014  triathlonbusiness.com - Orbea USA is now a US subsidiary of Spanish company Orbea; and, with a new organizational structure, is embarking on a new project. García de Salazar will now be in charge of...
  • Amy Begley Named Coach of Atlanta Track Club 11/24/2014  runningnetwork.com - Atlanta Track Club announced that it has hired Amy Begley, a 2008 US Olympian, as the first full-time head coach in the Club’s 50-year history.
  • Moab bans electric MTBs 11/21/2014  bikebiz.com - The Moab Bureau of Land Management has prohibited electric mountain bikes from its MTB trails. Moab is one of America's most iconic MTB riding areas, world-famous for the dotted "Slickrock" trail.
  • Astana announces new sponsor for women’s team 11/21/2014  velonews.competitor.com - Olympic time trial champion and former world time trial champion Zulfia Zabirova will join forces with Maurizio Fabretto to launch Astana’s new women’s cycling team in 2015.
  • Cost threatens to pull Ironman out of Coeur d’Alene 11/21/2014  krem.com - The Coeur d'Alene Chambers of Commerce is considering ending its sponsorship with the Ironman race after either the 2016 or 2017 race. The Chamber officials said it is becoming too expensive to...
  • Finish Line Unveils Tech Store in The Mall at Millenia 11/21/2014  sportsonesource.com - The Finish Line, Inc. announced the grand opening of its newly revamped store within The Mall at Millenia in Orlando to include an enhanced in-store experience and the addition of the latest...
  • In the News: Moab BLM bans electric bikes on non-motorized trails 11/21/2014  velonews.competitor.com - The Moab field office of the Bureau of Land Management (BLM) has posted updated guidelines to their website putting electric-powered bicycles in the same category as gas-powered vehicles, effectively banning them from...
  • CABDA officially relaunches its annual trade show 11/21/2014  bicycleretailer.com - It’s official. The Chicagoland Area Bicycle Dealers Association (CABDA) is launching a trade show and is booking exhibition space for the Feb. 4-5 midweek expo, which will be held across the street...
  • Trek to Occupy Much Larger Distribution Center in 2015 11/21/2014  sportsonesource.com - Trek Bicycle will be expanding its Wisconsin distribution capabilities in 2015 with a move from its existing global distribution center in Oconomowoc to a new 250,000-square-foot facility in Johnson Creek.
  • Older Runners Walk Like People Decades Younger 11/21/2014  runnersworld.com - New research published in PLoS ONE found that seniors who run several times a week expend the same amount of energy as a typical person in their 20s. Meanwhile, seniors who walk...
  • IRONMAN joins Life Time Fitness in 2015 Commit to Tri campaign 11/21/2014  triathlonbusiness.com - IRONMAN will join Life Time Fitness in a ‘Commit to Tri’ campaign in 2015. The new campaign expands upon Life Time Fitness’ quest to inspire one million workouts across the US during...
  • NIKE, Inc. Announces 17 Percent Increase in Quarterly Dividend 11/20/2014  businesswire.com - NIKE, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.28 per share on the Company’s outstanding Class A and Class B Common Stock.
  • Fitbit Data to Be Submitted as Court Evidence 11/20/2014  outsideonline.com - A personal trainer in Canada will attempt to use data from her Fitbit activity tracker as evidence for a personal injury claim, and hopes to demonstrate that since her injury, her...
  • INVESTOR NEWS DETAILS 11/20/2014  investors.nike.com - NIKE announced that it has declared a quarterly cash dividend of $0.28 per share on the Company’s outstanding Class A and Class B Common Stock, payable on January 5, 2015 to shareholders...
  • SRAM steps up as co-title sponsor of top women’s team 11/20/2014  bicycleretailer.com - SRAM is stepping up to become the co-title sponsor of the women's team formerly known as Specialized-Lululemon. This is SRAM's first venture into title sponsorship on the road.
  • Eurobike launching ‘Media Days’ this summer 11/20/2014  bikebiz.com - Eurobike is launching a series of exclusive Media Days, to run June 30th to July 2nd next year in Kirchberg, Tirol.
  • Nike Launches Its First Store Devoted to Women 11/20/2014  sportsonesource.com - Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or...
  • South Sudanese Runner Hoping to Crowdfund His Way to 2016 Olympics 11/20/2014  runnersworld.com - Guor Mading Maker, a former “Lost Boy” of Sudan who made history by competing in the 2012 Olympic Games as an “Independent Athlete” under the Olympic flag, is hoping to represent South...
  • Challenge Taiwan restructures for 2015 11/20/2014  triathlonbusiness.com - Challenge Taiwan has announced new partnerships, alliances and team expansion to fuel further growth in Taiwan and internationally.
  • Can Races Get Prize Money Back After Winners Fail Drug Tests? 11/19/2014  runnersworld.com - If marathon winners have received their checks, and are subsequently given a competitive ban for using performance-enhancing drugs, would the event organizers be able to get the money back? Elite runners' contracts...
  • RSG Acquires Gribble’s Running Sports 11/19/2014  sportsonesource.com - The Running Specialty Group (RSG) has acquired Kansas City-based Garry Gribble’s Running Sports, which operates five locations and expands RSG’s national footprint to Kansas and Missouri.
  • Dick’s Sporting Goods reports increased net sales in Q3 11/18/2014  bicycleretailer.com - Dick's Sporting Goods has reported its earnings results for the third quarter, which ended on November 1. Dick's reported a consolidated net income of $49.2 million, or $0.41 per diluted share, down...
  • Accell Reports Strengthening Sales and Profitability 11/18/2014  sportsonesource.com - Accell Group NV, the Dutch company that sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, expects to book higher sales in all of its key markets in the second...
  • GoPro to Raise $100 Million in Secondary Offering 11/18/2014  sportsonesource.com - GoPro plans to raise $100 million in a secondary offering that will raise about $700 million for its current shareholders, including about $315 million for a trust controlled by founder...
  • More Than 150,000 Claims Filed in Vibram Class Action Suit 11/18/2014  runnersworld.com - After a buyer contested that the company deceived consumers by advertising that the footwear could reduce foot injuries and strengthen foot muscles even without scientific basis, Vibram agreed to settle the case...
  • Safeway Announces Co-Sponsorship Of UCI Level Cycling Team 11/18/2014  prnewswire.com - Safeway, Inc. is the the newest sponsor of the 2015 UCI Airgas - Safeway Cycling Team. The grocery retailer will share title sponsorship of the team with Airgas.
  • Slate Olson to join Specialized in 2015 11/17/2014  bicycleretailer.com - Slate Olson, who is currently Rapha's chief marketing officer, will relocate from London to California next year to join Specialized as vice president of global marketing in March.
  • Bill James appointed as Chair of Triathlon England 11/17/2014  triathlonbusiness.com - Bill James has been appointed as Chair of Triathlon England, taking over from Jem Lawson, who steps down after serving the maximum number of terms in post.
  • Badwater Ultra to Return to Death Valley 11/17/2014  outsideonline.com - The grueling Badwater Ultramarathon is returning to California’s Death Valley National Park after a year in exile. The 135-mile race will be held July 28 to 30, 2015 along its traditional route...
  • IRONMAN Arizona Enjoys Fastest Sellout in US History 11/17/2014  ironman.com - RONMAN Arizona continued its trend as one of the most popular triathlon events in the world with a record-setting sellout. For the first time at an American IRONMAN event, entries sold out...
  • Newton Running Achieves Certified B Corporation Status 11/17/2014  sportsonesource.com - Newton Running announced its certification as a B Corporation. The prestigious designation is awarded to companies that strive to solve social and environmental problems and meet higher standards of social and environmental...
  • Sport has reached ‘new heights’ says British Cycling 11/15/2014  road.cc - British Cycling’s annual report for 2013/14 reveals that membership is now at an all-time high having hit 100,000 last month. President Bob Howden says that events like the Tour de France and...
  • Tequila Patrón Named Official Spirit Sponsor Rock ‘n’ Roll Las Vegas 11/15/2014  runnersweb.com - The Rock 'n' Roll Marathon Series today announced Roca Patrón, the first line of tequilas from Patrón Spirits as the Official Spirits Sponsor & title partner of the Start Line Festival for...

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