Industry News
Industry News Archive for dates of Tuesday, July 14, 2020 thru Monday, July 27, 2020
- Garmin confirms cyber attack as fitness tracking systems come back online 07/27/2020 theverge.com - Garmin on Monday confirmed that it was the victim of a cyber attack on July 23 that led to a significant outage for the company’s popular fitness tracking services. After downtime that...
- Incoming CrossFit CEO Eric Roza has signed a contract to buy 100% of the fitness company from controversial founder Greg Glassman 07/25/2020 businessinsider.com - Roza, the owner of the affiliate gym CrossFit Sanitas in Boulder, Colorado, is partnering with private equity firm Berkshire Partners in acquiring CrossFit. on Business Insider.
- Arrive Outdoors, the gear rental platform for outdoor adventures, raises $4.75 million 07/23/2020 techcrunch.com - The company allows users to choose gear on an a la carte basis, or choose a pre-packaged kit of items, and reserve their gear for free. The equipment is shipped in a...
- Outdoor Retailer announces 2020 Inspiration Award winners 07/23/2020 snewsnet.com - The organizers of Outdoor Retailer presented the annual Inspiration Awards to industry leaders in six categories: individual, manufacturer, retailer, nonprofit organization, youth, and a new category called #weareCommunity, meant to highlight exceptional...
- Majority Of Americans Don’t Plan To Renew Gym Memberships Post-COVID-19 07/23/2020 sgbonline.com - According to a survey from TD Ameritrade, 59% of Americans don’t plan to renew their gym memberships after the pandemic is over. As reported by CNBC, the survey showed 56% of those...
- Nike Announces Major Reorganization, Job Cuts 07/22/2020 shop-eat-surf.com - NIKE, Inc. announced a series of senior leadership changes supporting the company’s Consumer Direct Acceleration. Amy Montagne becomes VP/GM, Men’s, Whitney Malkiel becomes VP/GM, Women’s and McCallester Dowers becomes VP/GM, Kids. Carl...
- Mavic saved by French investment group 07/22/2020 velonews.com - After months of deliberations, courts in Grenoble have awarded investment group Bourrelier the ownership of historic French cycling brand Mavic SAS. 105 jobs were saved by the takeover as the new owners...
- Inside the Pikes Peak Apex’s plan to race during the coronavirus pandemic 07/22/2020 velonews.com - Pikes Peak Apex organizers in Colorado Springs reveal their game plan to hold the mass-participant mountain bike stage race amid the coronavirus pandemic. The key, they say, is thinning masses of participants...
- Taking Down John Muir: Sierra Club Faces Founder’s ‘Racist’ History 07/22/2020 gearjunkie.com - The 128-year-old environmental advocacy organization acknowledged it had ’caused significant and immeasurable harm’ throughout its history. on GearJunkie.
- REI Faces Staff Backlash Over Response to Covid-19 Cases 07/19/2020 nytimes.com - Employees at REI stores in states like Arizona and Texas took to social media to say that their store managers had not properly informed them about colleagues who had tested positive. on...
- How to Pitch and Freelance for Outside Magazine 07/17/2020 outsideonline.com - The publisher of stories about adventure sports, gear, travel, fitness, health, culture, and the environment is always on the lookout for reporting, essays, service pieces, and cultural criticism focused on the outdoor...
- World Surf League cancels 2020 season 07/17/2020 surfertoday.com - The World Surf League announced the cancellation of the 2020 Championship Tour and Qualifying Series seasons due to the Covid-19 pandemic. As a result, WSL is planning to kick off the 2021...
- Why some retailers are growing while others are shrinking 07/17/2020 snewsnet.com - A critical factor in the success and struggle of businesses during the pandemic has been the somewhat vague definition of the word "essential," used to classify which retailers were allowed to remain...
- Fox drops offer to acquire Mavic, but about 13 potential buyers remain 07/17/2020 bicycleretailer.com - The thirteen other groups include include several with ties to the bike industry. The Badger is still in the hunt, but French administrators will decide on the winning bid this month. on...
- A New Theory on Exercise’s Anti-Cancer Effect 07/16/2020 outsideonline.com - The ability to sustain a high rate of energy burn for a prolonged period of time may help ward off cancer, according to a new study. on Outside.
- Why the Name of a Major Gravel Event Is Being Changed 07/15/2020 outsideonline.com - Why the Name of a Major Gravel Event Is Being Changed. The event team of the Dirty Kanza was confronted about the problematic nature of the name of the race, which some...
- Your Fitness Tracker Might Be Able to Predict COVID-19 07/15/2020 outsideonline.com - The pandemic is prompting activity-tracking companies to pivot from personal to public health. on Outside.
- This New Cycling Route Takes You Through Some of America’s Most Beautiful National Parks 07/14/2020 travelandleisure.com - A new 1,287-mile bike route now connects Montana to Minnesota, winding through mountains and prairies while taking riders from Yellowstone National Park — America’s first national park — to the Mississippi River...
- Yeti Cycles Eliminates ‘Tribe’ From Its Community Name, Marketing 07/14/2020 gearjunkie.com - For decades, Yeti Cycles has used the word ‘tribe’ to define fellow Yeti bike riders. That ends on July 14, following a #NotYourTribe Change.org petition that started circulating last week asking Yeti to eliminate...
