News Topics
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May 26, 2022
Shimano Forces Hammerhead to Remove All Di2 Related Functionality From Karoo
Effective next Thursday, Hammerhead will remove all Di2 functionality from the Hammerhead Karoo series, via firmware update. This is at the request/demand of Shimano, who according to Hammerhead, now sees them as a competitor. This means all Di2-related functionality including Di2 battery status, gear indicators, page changes via Di2 hood...
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May 26, 2022
BikeExchange CEO resigns as company announces plans to raise capital
BikeExchange, a global online listing platform that hosts thousands of brands and retailers, recently announced that Mark Watkin, global CEO, has resigned immediately. Watkin will stay on with the company, following five years of service, until a replacement has been found. Bikebiz
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May 25, 2022
Wall Street Reacts To Under Armour CEO Transition
Effective June 1, Frisk will step down but stay as an advisor to support the transition through September 1, 2022. Under Armour’s board has initiated a search for his replacement. During his tenure, Under Armour’s revenues increased by $704 million, and its operating margin expanded to 9.3 percent from a...
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May 25, 2022
Fugitive wanted in killing of elite cyclist traveled to New York City, authorities say
Kaitlin Marie Armstrong, the woman suspected of fatally shooting elite cyclist Anna Moriah "Mo" Wilson in Texas, is believed to have traveled to New York City after the killing, authorities said Wednesday. Armstrong, 34, is accused in the May 11 shooting of Wilson -- who had previously dated Armstrong's boyfriend...
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May 25, 2022
Gravity sportswear brand Omorpho secures 6 million US dollar investment
Premium fitness brand Omorpho, co-founded by former Nike executive Stefan Olander and Ben Williams, to revolutionise training with micro-weighted sportswear, has raised 6 million US dollar seed funding at a 26 million US dollar valuation. Fashion United
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May 25, 2022
Strava reaches 100 million athletes milestone
Strava, the leading social platform for athletes and the largest sports community in the world, has announced that more than 100 million athletes have joined the platform. The company reports that… ‘the number of Strava athletes has grown tremendously, doubling in size in just the last two years.’ Since Strava’s...
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May 25, 2022
More cyclists are being killed by cars. Advocates say U.S. streets are the problem
Amid a sharp increase in fatalities and serious injuries among cyclists hit by cars and trucks, some cycling advocates say there's often a disconnect between efforts to encourage more biking and ensuring the safety of bicyclists who are using streets that are primarily designed to move cars and trucks through...
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May 24, 2022
Harley-Davidson made an electric mountain bike without front or rear suspension
Harley-Davidson's Serial 1 brand unveiled its latest ebike model on Tuesday, and it's something of a head-scratcher. The company describes the Bash/Mtn as a mountain bike, but unless you have the technical skills to go under-biking, you probably don’t want to take its newest ebike on anything but the most...
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May 24, 2022
Can Exercise Help Make Therapy More Effective? A Pair of Studies Suggests It Might
For many people, exercise is a whole lot more than just a way to make physical progress. And if you’ve been running for awhile, you’ve probably read about (or experienced) the many ways exercise can benefit your mental health. It doesn’t take all day to reap the benefits of a...
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May 24, 2022
Adidas Unveils Revamped Portland HQ as Employees Return to the Office in a Hybrid Capacity
The Germany-based brand on Tuesday said it has completed a 220,000 square-foot expansion of its headquarters in Portland, Ore. The project, which began in 2018, includes an additional three buildings on campus, a new gym, cafes, parking space and a soccer pitch. In total, Adidas said it now offers 525,000...