News Topics
February 14, 2023
Shimano’s Sales Climb 15 Percent In Year, Topping Guidance
Shimano reported that net income rose 10.6 percent on a 15.1 percent revenue gain in its year ended December 31. Both earnings and sales easily topped the company’s guidance. Sales are expected to decline 20 percent in the current year. Sales increased 15.1 percent from the previous year to ¥628,909...
February 13, 2023
Outside Is Launching a New Dynamic Paywall
Starting today all users will be able to view a limited number of articles across Outside Online each month—and soon to be rolled out on all of its sites—means readers no longer find certain stories blocked as premium only. It will also mean they need to at least register for...
February 13, 2023
Morning Workouts May be Better for Burning Fat, Study Finds
In the study, published February 13 in the journal Proceedings of the National Academy of Sciences (PNAS), researchers studied the fat (adipose) tissue of mice after a session of high-intensity exercise performed during the early active phase and early rest phase of their daily cycle. Healthline
February 13, 2023
Strava’s CEO Resigns: Company Begins Search for New KOM
Strava’s CEO, Michael Horvath, has resigned, saying that “I have decided that Strava needs a CEO with the experience and skills to help us make the most of this next chapter”. The company says that “the search for Strava’s next CEO is underway”. While not listed in the letter, I’ve...
February 13, 2023
Top 10 Healthiest Cities in America in 2023
The Mindbody + ClassPass annual Wellness Index ranks the health of the 50 most populous US cities. The rankings are based on a variety of factors, including how much residents exercise, how stressed they feel, the amount of rest they get, how many of them smoke, and how much alcohol...
February 10, 2023
Mark Sutton to depart CyclingIndustry.News, Jonathon Harker moves to Editor role
Mark leaves the role having established the brand in 2016 as a trade-focused website that has since drawn monthly audiences of up to 100,000 unique users through a combination of daily news, recruitment and podcasts with industry leaders. With the online presence established the title grew with the addition of...
February 10, 2023
Adidas Expects Breakup With Yeezy to Cost Over $1B
Adidas’ separation from Yeezy, formerly known as Kanye West, may have a bigger fallout than initially anticipated. The sportswear company revealed Thursday it’s expected to lose $1.3 billion in revenue and nearly $534 million in operating profit this year after ending the relationship with the rapper in October over his...
February 9, 2023
Parlee Cycles files for Chapter 11 bankruptcy protection
Custom carbon frame maker Parlee Cycles Inc. filed for Chapter 11 bankruptcy protection on Monday and will continue operations during the process. A balance sheet in its filing showed Parlee's liabilities totaled $4.4 million and total assets totaled $2.6 million at the end of January. BRAIN
February 9, 2023
Fox Racing Enters MTB Footwear Category
Fox Racing, the global leader in motorcycle and mountain bike safety equipment and apparel, has entered the mountain bike shoe category. With the launch of the Union shoe series, Fox now offers both mountain bike and motocross riders head-to-toe protection and apparel. Shop Eat Surf
February 8, 2023
Adidas Unveils 2023 Boston Marathon Celebration Jacket
With just over two months until the 127th Boston Marathon on April 15, Adidas unveils this year’s version of the jacket, with a design focused on sustainability and minimal environmental impact. However, not all runners are pleased with the announcement. Believe in the Run