April 30, 2021

Emerald Holding Sees Steep Q1 Revenue Drop

Emerald Holding Inc. reported revenues tumbled 87% as results continue to be negatively impacted by event cancellations due to the pandemic. Emerald is actively pursuing collection of the remaining unpaid amounts of filed insurance claims for its canceled and impacted 2020 events. To date, Emerald has submitted $167 million in...

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

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

April 28, 2021

Garmin’s Q1 Revenues Advance 25 Percent

Garmin Ltd. reported sales grew 25 percent in the first quarter ended March 27, led by gains of  38 percent in its Fitness segment, 46 percent in Outdoor and 28 percent in its Marine segment. Total revenue of $1.07 billion, a 25 percent increase over the prior-year quarter led by...

April 27, 2021

Brooks Is Still Beating Nike in Women’s Performance Running — and the Gap Is Getting Wider

Matt Powell, senior sports industry adviser with The NPD Group Inc., reported  that Brooks was the largest women’s performance running shoe brand for Q1 2021. He cited data from the NPD retail tracking service, revealing a Q1 sales increase of 88% for Brooks over its mark for the same period in...

April 26, 2021

PTO taps IMG to help secure international broadcast deals

The IMG agency has been appointed to assist in distributing the global media rights to events organised by the Professional Triathletes Organisation (PTO). The three-year deal will initially focus on delivering global coverage and broadcast partnerships for this year’s Collins Cup, which will see 12-person squads from the US, Europe...

April 25, 2021

Outpouring of Support for Daniela Ryf as the World Champ Opens Up About Her Sexuality

In a sweeping interview, Ryf talks about loving a woman, splitting with her coach, and finding a new direction. Triathlete

April 22, 2021

Peloton Spiraling Over Treadmill Safety

The connected fitness company is in hot water over injuries and a death related to its Tread+ treadmill. Following reports of 39 incidents, one fatal, related to the Tread+, the Consumer Product Safety Commission released a warning saying that the product is not safe for homes with children or pets....