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THE INSIDE TRACK

🚲 Giant Group posted a Q1 net loss of NT$200 million as consolidated revenue fell 25.7% year-over-year to NT$12.5 billion, hit by tough prior-year comparisons, softer OEM demand, and a one-time NT$80M WRO-related charge, though gross margin improved 180 basis points to 19.6% on stronger premium product mix.

👟 On Holding reported record Q1 net sales of 831.9 million Swiss francs, up 14.5% year-over-year, with net income surging 82.2%, apparel jumping 45%, and Asia-Pacific growing 44%, all while navigating back-to-back CEO transitions in a single year.

🧱 Lego has launched its first-ever road bike for adults, the 1,015-piece Icons Road Bike (set 11380), featuring a fully working drivetrain with freewheel, a removable bottle and rear light, and a smart trainer-style display stand, available to pre-order for $129.99 with delivery starting in June 2026.

🏥 Strava has added Physical Therapy as a dedicated activity type, joining 50+ supported activities on the platform, allowing the company's 195 million users across 185 countries to log rehab and prehab sessions as intentional, structured training alongside traditional workouts.

PRESS RELEASES

EVENTS

The sold-out 2026 Virginia Beach 10 Miler & 5K presented by Sentara drew more than 6,500 runners on May 9, including a record-setting contingent of 1,000 Girls on the Run participants, with a post-race festival featuring cold brews from Commonwealth Brewing Company and post-race meals from Lifestyle Meals. J&A Racing

The 20th Denver Colfax Marathon, presented by Cigna Healthcare, is set to be Denver's largest running event ever with more than 27,000 expected participants across eight races on May 15-17, with the half marathon and urban 10-miler already sold out, a "WOW at Every Mile" experience featuring over 40 entertainment attractions along the marathon and half marathon courses, and more than $175,000 to be awarded to local charities. Denver Colfax Marathon

Reigning T100 world champion Hayden Wilde faces his toughest challenge yet at the Sokin San Francisco T100 Triathlon on June 6, with six of the top 10 ranked men lined up on the iconic Escape From Alcatraz course, including last year's winner Rico Bogen, PTO No. 2 Jelle Geens, and American contender Morgan Pearson. Professional Triathletes Organisation

The 14th Michelob Ultra GFNY World Championship NYC and 3rd Gran Premio New York City take place this Sunday, May 17, drawing riders from more than 90 countries on a 137km course starting on the George Washington Bridge, with approximately 120 professional riders from 20 teams launching 10 minutes ahead of the mass field in the UCI-sanctioned pro race. GFNY

UK fitness movement Beats and Bands, founded by fitness creator Gina Obeng and backed by an official partnership with Red Bull, is transforming Craven Cottage, home of Fulham FC, into an immersive workout-and-party arena on June 7 for its biggest event yet, featuring live musicians and DJs, a signature high-energy workout session, and interactive brand activations. Beats and Bands

PRODUCTS & SERVICES

Garmin launched the Forerunner 70 ($249.99) and Forerunner 170 ($299.99), purpose-built running smartwatches with 1.2-inch AMOLED displays, advanced training features including running dynamics and training readiness powered by the Garmin Human Performance Lab, and battery life of up to 13 and 10 days respectively, with the Forerunner 170 adding Garmin Pay and music storage. Garmin

Zoot Sports has officially launched the Ellie Salthouse Florescence Collection, a limited-edition line of men's and women's triathlon and run apparel co-created with 26-time middle-distance champion Ellie Salthouse, spanning P1x Race Suits, LTD Tri Aero Race Suits, cycling kits, tri tanks, and tri shorts engineered for training and race day. Zoot Sports

Race Director University has reduced its Level I certification from $399 to $249 and Level II from $499 to $349 through May 31 (promo code BPROOF150), positioning the "Bulletproof Your Career" promotion as a direct response to AI-driven workforce displacement, with certification credentialing holders to pitch corporations and charities as independent event producers. Race Director University

RunSignup has launched Timer Workshop Wednesdays, a new small-group live training series beginning in June for RaceDay Certified Timers, with each session limited to 10 participants and focused on a single specific timing scenario, followed by the option to book a 1-on-1 follow-up with the RaceDay team. RunSignup

Capriroso has launched Public V1 on the Apple App Store, bringing its Biological Intelligence Engine to cyclists and runners with adaptive training generation, recovery-aware progression, nutrition guidance, integrations with Garmin, Oura, Hammerhead, and Wahoo, and a foundational women's physiology framework including hormone-cycle awareness and postpartum-informed training. Capriroso

SPONSORSHIPS

Biofreeze has been named the Official Pain Relief Partner of Bay to Breakers 2026, with a Cooling Crew staffing a Pain Relief Zone at Mile 5 of the iconic 12K San Francisco footrace on May 17, which is expecting 30,000 participants at the finish inside Golden Gate Park. Biofreeze

Supertri has named Maurten, the performance nutrition company known for its patented Hydrogel technology, as the Official Nutrition Partner of Supertri Blenheim Palace 2026, with every athlete at the UK's biggest triathlon receiving a Maurten race pack at the June 6-7 event. Supertri

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