Latest Pro Cycling News
May 6, 2021
Orbea to move US operations to Boulder
After nearly 15 years in Little Rock, Arkansas, Orbea is moving its U.S. offices and operations to Boulder this month. Orbea said Boulder's central location will help provide better dealer support and customer care, and the region offers a pool of talent. Bicycle Retailer
May 6, 2021
Peloton Sales Rise, But Treadmill Recall Looms
Peloton’s sales rose 141% in its fiscal Q3, bringing revenue to $1.26 billion as the pandemic-fueled at-home fitness boom continued into the early months of 2021. But Peloton anticipates $165 million in fiscal Q4 losses related to the recall of its two treadmills. Front Office Sports
May 5, 2021
Sports Illustrated’s Fittest 50 2021
Each year Sports Illustrated accepts the challenge and ranks the best-conditioned athletes in the world. See the list of athletes who made the cut below and read all about each of them on Sports Illustrated. Fittest Women: Maggie Steffens, Water Polo Sara Hall, Marathon Kyra Condie, Sport Climbing Kendall Coyne Schofield,...
May 5, 2021
Peloton’s Bad Day Explained: Recall of Tread and Security Leak Discovered
The company announced yesterday they’re recalling Tread/Tread+ treadmills, due to safety issues (which led to the death of one child). Additionally, a story ran on TechCrunch, which outlined how security researchers had stumbled into a bug that allowed some activity and profile details to be seen for private profiles. DC Rainmaker
May 4, 2021
Zoomo raises $12 million to bolster ‘e-bikes for businesses’ model
The newest round of funding follows an $11 million Series A raise announced in August 2020, led by the CEFC. Cumulatively, Zoomo has raised $26 million in the past 24 months. Zoomo will use the funds to invest in the development and production of the brand’s next-generation vehicle offerings as well...
April 30, 2021
ESW May 14, 2021 Weekly News Report
AWARDS USA Triathlon, Elk Grove Village Present 4 Star Endurance With Entrepreneur/Business Plan of the Year Award ESW USA Triathlon Announces Winners of 2020 Multisport Awards Presented by Wahoo Fitness ESW BUSINESS USA Cycling releases details of Inclusion Conference ESW TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science Businesswire Credit Union Cherry Blossom...
April 29, 2021
The Startup that Makes Fitness a Video Game
The gaming craze and at-home fitness come together in Ergatta’s rowing machine. The connected rowing company gamifies workouts, with its machine effectively acting as a controller, allowing people to race and compete on a screen as they work out. Front Office Sports
April 29, 2021
Shimano bike division rides ‘wave of COVID’ to 76% sales growth in Q1
Shimano sales in its bike division were up 76.3% in the first quarter, compared to the same period last year; operating income in the division was up 170%. Net sales for the quarter were 103,757 million yen ($952 million) in the bike division, and operating income was 27,730 million yen....
April 29, 2021
Tour of Utah to Return in 2022 with Medalist Sports
The Larry H. Miller Tour of Utah has entered into a licensing agreement with Medalist Sports to operate the professional cycling stage race and the Tour of Utah Ultimate Challenge, a non-competitive gran-fondo-style endurance event for amateur riders. Also, due to the Covid-19 pandemic, both events are postponed in 2021, with...
April 29, 2021
British Cycling joins social media boycott to protest online abuse towards athletes
Organisations from across the sporting world are banding together this weekend to fall silent on social media, to raise awareness of online racism and abuse directed towards professional sportspeople. Cycling Weekly
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