PRODUCT NEWS
Want to stay up to date on the latest press releases and news about products in the running, cycling and triathlon industries? Scroll below to view all endurance sports product news.
August 18, 2021
US Bicycle Route System expands with 2,903 miles of new cycling trails
In total, 18 new bicycle routes have been added to the national system, which measures 2,903 miles spread across California, Indiana, Ohio, Utah and Washington. NY Post
August 17, 2021
Peloton is starting to repair the touchscreens on its recalled treadmills
Loosened screws were causing the screen to fall from some of the treadmills that were available in the U.K. and Canada. About 1,000 had been sold in the United States, but the company was preparing for a bigger launch on its home turf that has since been postponed. CNBC
August 12, 2021
Authentic Brands to Acquire Reebok for $2.5B
ABG reportedly made an offer in May to acquire Reebok for $1 billion but withdrew its bid two months later due to adidas’ demands that ABG operate the brand as a standalone business. Now, ABG will pay more than double its initial bid for the footwear and clothing company. FOS
August 11, 2021
Runners wearing Nike ‘super shoes’ dominated in the Olympics, taking more than 60% of podium spots
Nike has led the way in creating "super spikes" — track shoes that help athletes run faster.Many brands have their own super spikes, but Nike runners wearing the Vaporfly shoes took most podium spots at the Olympics. Insider
August 7, 2021
Garmin Adds New ‘Adventure Race’ Activity Profile: An Explainer
While scanning through the list of beta firmware updates posted this week, a new ‘Adventure Race’ activity profile designed for races that prohibit GPS navigation during the race. This means that some races require competitors to do their own orienteering, old-school style with maps and compass, rather than depend on...
July 28, 2021
Garmin Q2 Earnings and Revenues Beat Estimates
Garmin posted revenues of $1.33 billion for the quarter ended June 2021, surpassing the Zacks Consensus Estimate by 23.87%. This compares to year-ago revenues of $869.87 million. The company has topped consensus revenue estimates four times over the last four quarters. Yahoo Finance
July 28, 2021
Athleta Launches AthletaWell, an Immersive Digital Platform for Women
As part of the new initiative, Athleta is also partnering with obé Fitness, a digital fitness platform with a focus on bringing entertainment, pop culture and design to fitness. Athleta recently participated in its latest funding round. BW
July 27, 2021
Fabletics launches resale program
Fabletics is the latest retailer to delve into resale as the trend proves to be attractive to sustainability-minded consumers. And, like many other apparel retailers, Fabletics is partnering with ThredUp's resale-as-a-service platform to power the logistics. RetailDive
July 22, 2021
The Trouble With Bike (and All Outdoor) Apparel
This documentary is an interesting look into the manufacturing process and how a brand that cares about profits and the environment figures out how to have the best of both. Adventure Journal
July 22, 2021
Zone7 Raises $8 Million In Series A Round To Expand Artificial Intelligence Platform For Predicting Sports Injury Risks
Zone7’s system analyzes data that teams collect on athletes when they’re practicing, playing in games, working out and even sleeping. It then produces reports on each player’s fitness and other variables, forecasts their injury risk and suggests ways in which so-called “operators” such as coaches and medical personnel can help....