Americans’ activity trends are skewing in the right directions as participation hit an all-time high while inactivity levels are at record lows, according to SFIA’s 2026 Topline Participation Report.

The Giant Bicycle parent reported TWD 60,254.0 million ($1,933.7 mm) in 2025 revenues, down 15% from TWD 71,278.8 million, and net income declined 43% to TWD 723.3 million ($23.2 mm) against TWD 1,264.0 million.

Net income attributable to shareholders improved 13% last year to TWD 2,749.5 million ($88.2 mm) from TWD 2,430.2 million, on 14% higher revenues of 54,329.0 million ($1,743.5 mm) from TWD 47,785.4 million, incorporating a full year of Bowflex ownership.

Merida Industry, Taiwan’s second-largest bicycle manufacturer behind Giant, bounced back in the final quarter as its bottom line swung to a profit of TWD 1,200.2 million ($39.8 mm) against a loss of TWD 699.1 million, despite revenues declining 10% to TWD 26,757.2 million ($858.7 mm), down from TWD 29,633.1 million.

S&P Global said improved operating performance and reduced leverage led it to upgrade WWW’s issuer credit rating to B+ from B, and also raise its debt level ratings by one notch.

ESCA’s board appointed Patrick Griffin as its new president and CEO, effective Mar. 5.

The Big a filed suit in OR district court against Sole Retriever, a sneaker-focused website that notifies its paying subscribers about footwear releases and availability, and its principal, Harris Monoson, accusing them of stealing designs.