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No profit required? Peloton files for IPO

Making its play to be ‘the Netflix of exercise’, indoor training platform Peloton has filed for an initial public offering (IPO). In its filing...

Official opening of Silverstone Sports Engineering Hub

The Silverstone Sports Engineering Hub (SSEH) in South Northamptonshire, England, will have an official opening on Tuesday 10 September. SSEH was awarded £2 million of...
Shimano 105 cassette

Operating income drop in first half of 2019 for Shimano

For the first half of fiscal 2019, Shimano’s bicycle components division saw net sales increase 4.1% to ¥143.6 billion (US$1.3 billion). Although, with increased...

First half 2019 sales and profit uplift for Accell Group

Leading European bicycle company Accell Group has announced that total group net turnover grew by 7.4% to €682.6 million in the first half of...

Strong revenue growth in SiS half year trading update

Science in Sport (SiS), has announced its pre-close trading update for the six months ended 30 June 2019. Group revenue for the six month period...
Nike Air Society - photo credit Nike

Digital and consumer-direct give NIKE full year revenue a +7% boost...

NIKE has reported financial results for its fiscal 2019 fourth quarter and full financial year ended May 31, 2019. Fourth quarter revenue increased to...
Nike Air Society - photo credit Nike

Direct-to-consumer continues to drive NIKE revenue growth in fiscal Q3 2019

NIKE has reported financial results for its fiscal 2019 third quarter ended February 28, 2019. Overall revenues for NIKE increased 7% to US$9.6 billion, up...

Strong double-digit revenue growth for Science in Sport in 2018

Premium performance nutrition company, Science in Sport (SiS) has announced its audited final results for the year ended 31 December 2018. SiS saw a...
Accell Group logo

Accell Group says ‘Lead Global. Win Local’ strategy starting to pay...

Accell Group, a leading European bicycle company with well-known brands such as Diamondback, Haibike, Koga and Raleigh, has announced that its ‘Lead Global. Win...

Emerging markets and direct-to-consumer are key growth areas for ASICS EMEA

During 2018, ASICS reported strong growth in key strategic areas. Although consolidated net sales in EMEA (Europe, Middle East & Africa) declined by 3%,...