News Topics
January 19, 2022
Kona Bicycles sold to Ohio outdoor group
Kona Bicycles has been acquired by Kent Outdoors, a Ohio-based company that was known until Wednesday as Kent Water Sports. Kent Outdoors owns several outdoor sports and watersport brands, including the Arbor snowboard brand. Kent Outdoors is no relation to Kent International, the New Jersey-based mass market bicycle brand. Bicycle...
January 19, 2022
SRAM acquires Hammerhead, maker of the Karoo 2 cycling computer
SRAM has today announced Hammerhead will join its portfolio of brands, with a transaction which completed on December 30, 2021. Hammerhead will continue to develop its award-winning Karoo 2 cycling GPS computer line, and will remain a stand-alone brand within the SRAM portfolio, allowing the brand to continue to build...
January 18, 2022
Peloton hires McKinsey to review cost structure; cycle maker may cut jobs, close stores
Peloton is working with management consulting group McKinsey & Co. to review its cost structure and potentially eliminate some jobs, CNBC has learned. The possible job cuts were discussed in a recent call with members of Peloton’s management team, according to a recording obtained by CNBC. The apparel division, which has...
January 17, 2022
Sports Illustrated’s Fittest 50 2022
Each year Sports Illustrated accepts the challenge and ranks the best-conditioned athletes in the world, consulting the expertise of trainers, exercise physiologists and performance experts with experience across the college, pro and Olympic levels of sports. The panel evaluates athletes on the following criteria: performances over the last 12+ months; demands and risks...
January 14, 2022
Study says wearing a mask while running decreases performance
Should you wear a mask when running? New research published in the Journal of Sports Medicine says that wearing a cloth face mask significantly affects performance while running. Same research suggests one must consider modifying the intensity and time of one’s run when wearing a cloth face mask. Running Magazine
January 13, 2022
FitLab Raises $15M, Acquires Fitplan, Ragnar, and Electric
An integrated operating company of performance lifestyle brands, FitLab raised $15M in Series A funding. The funding fuels FitLab's integrated fitness platform. Adding to its new growth capital, the company has acquired digital fitness app Fitplan, adventure running series Ragnar, and action sports brand Electric. Fitt Insider
January 13, 2022
10 Amazing and Evidence-Supported Health Benefits of Running
Running can give you a longer life, better sleep, enhanced immunity, improved moods, and more—it’s even good for your knees and lower back. When you become a runner, it changes your life, in more ways than you may know. Podium Runner
January 13, 2022
Report: Trek to buy Spokes Etc. retail chain
Trek Bicycle is buying the Washington, D.C.-are retail chain Spokes, Etc., according to a local news report. Bicycle Retailer
January 12, 2022
Fitness Tech Company Myzone Hits $102M Valuation After BGF Investment
Myzone, the manufacturer of wearable fitness tracking technology, has secured a $17.2 million investment from BGF, the UK’s growth capital investor, with tech entrepreneur Vin Murria OBE, who also joins as Non-Executive Chair. Designed to engage and motivate people to be more physically active, Myzone is used in worldwide health...
January 12, 2022
10 of the most memorable finish line crossings
For most runners, crossing the finish line is simply a relief. Often, we barely have the energy to lift our arms in celebration, much less do anything more energetic. For certain runners, though, crossing the finishing tape in a different manner has become the defining moment of their race. Sometimes...