News Topics
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October 1, 2024
Japanese sponsors Toyota, Bridgestone and Panasonic end Olympic contracts
TOKYO (AP) — The International Olympic Committee’s three major Japanese sponsors — Toyota, Panasonic and Bridgestone — are terminating their contracts. This leaves the IOC without a Japanese sponsor with the focus now expected to shift to the Middle East and India for new sponsorship income. AP News
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September 30, 2024
No Witnesses or Video of Muriel Furrer’s Fatal Zürich Worlds Crash
Authorities are continuing to investigate the tragic death of Swiss junior cyclist Muriel Furrer, who died from injuries following a crash during the UCI Road World Championships in Zurich. Furrer, 18, suffered a severe traumatic brain injury after falling during the women’s junior road race on Thursday, September 26. According to initial findings from the...
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September 30, 2024
Have information about motor doping in cycling? The UCI will now pay you
People with information about potential motor doping in cycling can now receive a financial reward from the UCI, after the world governing body stepped up its efforts in combatting the risk that it described as posing “a significant threat… to the integrity standards of the sport.” Cycling Weekly
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September 27, 2024
Garmin Eyes Wearables as the Future of Healthcare
At the 10th annual Garmin Health Summit held this week in Prague, Garmin pointed to a future where fitness trackers and smartwatches are an integral part of global healthcare systems, with doctors having access to patients’ information like sleep and heart rate data to inform better treatment plans, and health...
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September 26, 2024
The Pro’s Closet will close in October
The Pro’s Closet — which started out of its founder’s VW bus, evolved into an eBay store, and became a used bike and component e-commerce giant — will close in October after 18 years. TPC issued a short news release Thursday announcing the decision. Like a lot of companies in...
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September 26, 2024
Lululemon ends partnership with ultrarunner Camille Herron
Canadian athleisure brand Lululemon has ended its partnership with American ultrarunner Camille Herron after she and her husband, Conor Holt, were implicated in a Wikipedia editing scandal. On Monday, we reported on the couple’s history of making pro-Herron edits to her Wikipedia page while editing the pages of other ultrarunners (including Courtney Dauwalter and Kilian Jornet) to remove or...
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September 25, 2024
Connected fitness tech unicorn EGYM snaps $200M at over $1B valuation
Munich-based EGYM, which specialises in connected fitness equipment and personalised training tech, has secured nearly $200 million in growth capital. The investment came from L Catterton, a global consumer-focused investment firm, and Meritech Capital, a Silicon Valley technology-focused venture firm. This round boosts the company’s valuation to over $1 billion. This...
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September 25, 2024
The Pro’s Closet may be in deep trouble
As the days shorten in the northern hemisphere, many bike shops put items that haven’t yet sold on clearance. But at online retailer The Pro’s Closet, which specializes in certified used bikes and gear and liquidating new, prior-year product, this is no normal end-of-season closeout section. For one thing, virtually...
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September 25, 2024
Is Google Fitbit in trouble? Website shutdown revitalizes concern about the brand’s future
9to5Google spotted that Fitbit.com, the official website for the popular brand of wearable fitness trackers, is not long for this world. At the top of the page is a new message stating that the site's functions will move to the Google Store on Oct. 1. Google bought Fitbit for $2.1 billion in 2019...
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September 25, 2024
A Data-Driven Environmental Scan of the Trail and Ultra Coaching Industry
This month, we dig into trends in the growing industry of professional trail and ultra coaching. How many coaches are there? What proportion of runners use their services? Are there trends in the types of services that coaches offer? These questions can be challenging to answer. As small business operators,...
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