Biking

Norgren to Introduce Ergonomically-Advanced Electric Bike Repair Stands at (e)revolution

Retrieved on: 
Thursday, June 1, 2023

The Norgren Electric Bike Repair Stand allows bikes to be lifted directly from the floor to the desired work height by means of an electric actuator activated by simply pressing a wired hand switch.

Key Points: 
  • The Norgren Electric Bike Repair Stand allows bikes to be lifted directly from the floor to the desired work height by means of an electric actuator activated by simply pressing a wired hand switch.
  • “Norgren is proud to present our innovative solutions to the challenges faced by the rapidly growing e-bike industry,” said Ken Chung, director of Product Management at Norgren.
  • The Electric Bike Repair Stand is Norgren’s first offering in the field of bikes and e-bikes.
  • IMI, Norgren, Bahr Modultechnik, Bimba, Buschjost, FAS, Herion, Kloehn and Maxseal are registered trademarks of IMI and Norgren companies.

Bowflex Parent, Nautilus, Inc. Reports Fourth Quarter and Full Year Fiscal 2023 Results

Retrieved on: 
Tuesday, May 23, 2023

Bowflex Parent, Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 fourth quarter and year ended March 31, 2023.

Key Points: 
  • Bowflex Parent, Nautilus, Inc. (NYSE: NLS) today reported its unaudited operating results for the fiscal 2023 fourth quarter and year ended March 31, 2023.
  • Fiscal Fourth Quarter Ended March 31, 2023 Compared to Fiscal Fourth Quarter Ended March 31, 2022
    Net sales were $68.4 million, compared to $119.7 million, a decline of 42.9% versus last year.
  • The decrease in trade receivables was primarily driven by lower sales in the fourth quarter of fiscal 2023.
  • As noted in the pre-announcement of results for the fourth quarter of fiscal 2023, as of May 2, 2023, cash and restricted cash was $19 million while total borrowings were $18 million.

Corpay Cross-Border Announced as World Triathlon’s Official Foreign Exchange Payments Supplier

Retrieved on: 
Thursday, May 11, 2023

Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with World Triathlon, the worldwide governing body of international triathlon and its related multi-sports to become their Official Foreign Exchange (FX) Payments Supplier.

Key Points: 
  • Corpay1, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has entered into an agreement with World Triathlon, the worldwide governing body of international triathlon and its related multi-sports to become their Official Foreign Exchange (FX) Payments Supplier.
  • As part of this partnership, Corpay Cross-Border has also been named an Official World Triathlon Supplier and Official Event Supplier.
  • Additionally, Corpay Cross-Border’s award-winning platform will enable eligible companies to manage their global payments from a single point of access.
  • "The team at Corpay Cross-Border is very honoured to be named the Official FX Payments Supplier for World Triathlon" said Brad Loder, Vice President, Cross-Border Marketing, Corpay Cross-Border Solutions.

Rave the Day Away with Glowbal Glow Rides at CycleBar

Retrieved on: 
Tuesday, May 9, 2023

CycleBar , the world’s largest indoor cycling franchise with over 280 studios, announced today a Glowbal Rave Ride on May 11 across studios in the United States, Canada and Australia.

Key Points: 
  • CycleBar , the world’s largest indoor cycling franchise with over 280 studios, announced today a Glowbal Rave Ride on May 11 across studios in the United States, Canada and Australia.
  • CELSIUS Essential Energy, the official energy drink of CycleBar, is teaming up with dozens of CycleBar locations to sponsor live DJ rides in the United States.
  • View the full release here: https://www.businesswire.com/news/home/20230509005403/en/
    Throughout the entire day on May 11, select CycleBar studios will be hosting these out-of-this-world, live music-driven rides, fueled by CELSIUS in the U.S.
  • This Glowbal Rave Ride is not the first time CycleBar has coordinated a concurrent event across its many studios.

Bowflex Parent, Nautilus, Inc. Announces Actions to Enhance Its Balance Sheet, Including the Sale of Non-Core Assets for $13 Million  

Retrieved on: 
Tuesday, May 2, 2023

Bowflex parent, Nautilus, Inc. (NYSE: NLS) (the “Company”) today announced actions to enhance its balance sheet, including the sale of non-core assets.

Key Points: 
  • Bowflex parent, Nautilus, Inc. (NYSE: NLS) (the “Company”) today announced actions to enhance its balance sheet, including the sale of non-core assets.
  • The Company has completed the sale of non-core assets for approximately $13 million in cash as part of its ongoing comprehensive strategic review.
  • As of today, the Company’s cash, cash equivalents, and restricted cash balance is about $19 million and borrowings are about $18 million.
  • This compares to cash, cash equivalents, and restricted cash balance of about $16 million and borrowings of about $61 million as of December 31, 2022.

Colbeck Capital Sponsors Children’s Tumor Foundation in 2023 TD Five Boro Bike Tour to Increase Awareness of and Fundraising for Foundation to End Neurofibromatosis

Retrieved on: 
Monday, May 1, 2023

Colbeck Capital Management (“Colbeck”) today announced its continued support of the Children’s Tumor Foundation (“CTF” or the “Foundation”) through its sponsorship of the NF Endurance Team in the upcoming TD Five Boro Bike Tour, presented by Bike New York.

Key Points: 
  • Colbeck Capital Management (“Colbeck”) today announced its continued support of the Children’s Tumor Foundation (“CTF” or the “Foundation”) through its sponsorship of the NF Endurance Team in the upcoming TD Five Boro Bike Tour, presented by Bike New York.
  • CTF is committed to events like TD Five Boro Bike Tour to promote awareness of and fundraising for its mission to end NF, a group of genetic conditions that causes tumors to form throughout the nervous system.
  • The tour also brings awareness to the need for safer biking accommodations throughout the city and promotes safe cycling practices for participants.
  • The 45th annual event requires preregistration to attend, and a portion of the registration cost is tax deductible as a charitable donation.

Castle Biosciences Collaborates with IMPACT Melanoma to Provide Free Sunscreen to Cyclists Participating in the Bike MS: Texas MS 150 2023 Cycling Event

Retrieved on: 
Friday, April 28, 2023

Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that it has teamed up with IMPACT Melanoma, one of the nation's leading non-profit organizations dedicated to melanoma prevention and early detection, as sunscreen sponsors of the Bike MS: Texas MS 150 2023 event, being held April 29-30 in Texas.

Key Points: 
  • Castle Biosciences, Inc. (Nasdaq: CSTL), a company improving health through innovative tests that guide patient care, today announced that it has teamed up with IMPACT Melanoma, one of the nation's leading non-profit organizations dedicated to melanoma prevention and early detection, as sunscreen sponsors of the Bike MS: Texas MS 150 2023 event, being held April 29-30 in Texas.
  • The Texas MS 150 is part of Bike MS, the largest charity cycling series in the country raising funds to fuel the National Multiple Sclerosis Society’s mission to cure multiple sclerosis (MS) while empowering people affected by MS to live their best lives.
  • As sunscreen sponsors of this year’s event, Castle and IMPACT Melanoma will provide sunscreen dispensers along the various cycle routes to College Station, Texas.
  • Castle is also sponsoring its own team of Texas MS 150 riders.

The Rossignol Group passes the milestone of €400 million in revenue with 28% growth and continues its all-season diversification and its commitment to a more responsible economic model

Retrieved on: 
Thursday, April 27, 2023

The Group also aims to develop one-third of its ski ranges within a circular economy approach by 2028.

Key Points: 
  • The Group also aims to develop one-third of its ski ranges within a circular economy approach by 2028.
  • The strong market recovery observed during the winter of 2021-2022 continued in the 2022–2023 season.
  • The main thrust of this plan is to reconcile qualitative growth, industrial performance and a more sustainable approach.
  • We have therefore passed the milestone of €400 million in revenue, in advance of our Ascension 2026 Strategic Plan.

China Olympic Sports Industry: Chengdu Tianfu Greenway International Cycling Race of China 2023 Ended Successfully

Retrieved on: 
Monday, April 17, 2023

The 2 stages of Chengdu Tianfu Greenway International Cycling Race of China 2023 ended successfully after the peloton crossing the finish line on 16th April.

Key Points: 
  • The 2 stages of Chengdu Tianfu Greenway International Cycling Race of China 2023 ended successfully after the peloton crossing the finish line on 16th April.
  • Thailand Roojai Online Insurance Team and China Hengxiang Cycling Team won the second and third place of Best Team respectively.
  • View the full release here: https://www.businesswire.com/news/home/20230417005443/en/
    In the opening ceremony, Chengdu was awarded as “China Cycling Sports Model City” by Chinese Cycling Association.
  • Chengdu Tianfu Greenway International Race of China 2023 is an another new “Name Card” for this sporting city.

DŌST Bikes Unveils its Upcoming Multi-Passenger Electric Cargo Bike - The Crate Cargo Cruiser

Retrieved on: 
Tuesday, April 4, 2023

Compact design and 24” x 3” Tires - Despite its impressive capacity, the Crate is still compact, about the same length as a regular city bike.

Key Points: 
  • Compact design and 24” x 3” Tires - Despite its impressive capacity, the Crate is still compact, about the same length as a regular city bike.
  • Dual Battery Compatible - The Crate just wouldn’t be a DŌST without its ability to add an optional Dual Battery System.
  • The Crate Cargo Cruiser will be offered in a traditional frame as well as a step-through model.
  • Additional information on current and upcoming DŌST products, as well as more information on dealer applications is available at www.dostbikes.com .