News Topics
May 21, 2024
Kona founders buy back the brand; Kona Bikes returns to rider-owned and operated roots
Just a month after Kent Outdoors abruptly stalled Kona’s operations at the Sea Otter Classic, announced job cuts and the sale of the 36-year-old brand, the future has taken a surprising but optimistic turn. The brand has been bought back by its original founders, Dan Gerhard and Jake Heilbron, who promise to...
May 21, 2024
Peloton Taking Out $1B Loan as Part of Refinancing Effort
On Monday, Peloton announced that it intends to enter into a series of financial transactions including a $1 billion, five-year loan, the issuance of $275 million in convertible senior notes and a $100 million, five-year revolving credit facility. In total, Peloton will get around $1.4 billion in new credit from the transactions. The...
May 21, 2024
Time goes slower during a workout for everyone, new research says
Led by Andrew Edwards, a professor at Canterbury Christ Church University, a team of researchers set out to further understand the relationship between physical activity and our internal clocks. Neuroscience News reported that 33 participants completed time perception tasks before, during and after an exercise task, which involved cycling under various conditions, ranging from...
May 17, 2024
Nike Could Be Losing Its Lead in Online Running Shoe Traffic, Similarweb Data Shows
Nike is falling behind running shoe competitors when it comes to website traffic growth. Between March 2022 and March 2024, traffic to Nike.com’s running shoe category has declined steadily, according to web traffic data complied by Similarweb. Whereas the Swoosh’s running segment had double the amount of traffic of its competitors in...
May 17, 2024
Life Time Makes App Available to Non-Members in Fitness Content Play
Life Time, the luxury athletic country club operator that’s in expansion mode, has made its app free to non-members, so anyone can access Life Time’s premium wellness offerings, including on-demand fitness classes. Life Time app users can access barre, boxing, cardio, cycle, dance, strength and yoga classes, training videos, nutrition...
May 16, 2024
Strava Announces Family Plan, Dark Mode, AI Cheat Finder
Strava has just announced a slate of updates at their annual Camp Strava event, where they show off a bunch of newness. This year’s event is the first time new CEO, Michael Martin, is at the helm, after starting back in January – and he appears very keen to say ‘there’s a...
May 15, 2024
Olympic triathlete Taylor Knibb wins US cycling time trial to earn spot in Paris in a second sport
Olympic triathlete Taylor Knibb stunned even herself by winning the women’s time trial at the U.S. road cycling championships. Now, she will have the opportunity to compete in two different sports at this year’s Paris Games. That means that Knibb will contest the time trial and road race in Paris...
May 15, 2024
What Was Triathlon Like 40 Years Ago?
At its core, triathlon has remained unchanged through the years – it’s still a swim, bike, and run. But not everything has stayed the same – there have been massive changes to fueling, training, gear, and technology since tri’s earliest iterations in the 1980s. It’s easy to romanticize the “good...
May 14, 2024
French Olympic marathon hopeful facing possible suspension for doping violation
Parisian marathoner Mehdi Frère, 27, might lose his chance to represent his country on his home soil in this summer’s highly anticipated Olympic Games following reports that he missed three scheduled doping tests. Frère’s potential disqualification and the risk of a two-year suspension came as a major blow for the Frenchman...
May 14, 2024
EXEC: Giant Group Sees Improving Bike Picture as April Shipments Close to Flat
The Giant Group reported a sharp moderation of sales declines in April 2024 as shipments dipped just 1.75 percent year-over-year to NT$6.91 billion. The decline was the smallest year-over-year decrease in sales since April 2023, when sales grew 20.3 percent to NT$7.03 billion. January 2024 sales were down 17.7 percent, February sales were...