Latest Sports Breaking News
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May 6, 2021
Fox Factory Delivers Record First Quarter Sales of $281.1 Million
Sales increased 52.5% to $281.1 million, compared to $184.4 million in the same period last fiscal year. Gross margin increased 410 basis points to 34.8%, compared to 30.7% in the same period last fiscal year. Yahoo! Finance
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May 6, 2021
Orbea to move US operations to Boulder
After nearly 15 years in Little Rock, Arkansas, Orbea is moving its U.S. offices and operations to Boulder this month. Orbea said Boulder's central location will help provide better dealer support and customer care, and the region offers a pool of talent. Bicycle Retailer
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May 6, 2021
Peloton Sales Rise, But Treadmill Recall Looms
Peloton’s sales rose 141% in its fiscal Q3, bringing revenue to $1.26 billion as the pandemic-fueled at-home fitness boom continued into the early months of 2021. But Peloton anticipates $165 million in fiscal Q4 losses related to the recall of its two treadmills. Front Office Sports
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May 5, 2021
Sports Illustrated’s Fittest 50 2021
Each year Sports Illustrated accepts the challenge and ranks the best-conditioned athletes in the world. See the list of athletes who made the cut below and read all about each of them on Sports Illustrated. Fittest Women: Maggie Steffens, Water Polo Sara Hall, Marathon Kyra Condie, Sport Climbing Kendall Coyne Schofield,...
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May 5, 2021
Adidas launches Reebok auction, China row may dent Asian interest
Adidas has launched the sale of its Reebok brand in an auction which risks being affected by a political row over possible forced labour in China's western Xinjiang region. Adidas bought the U.S. fitness label for $3.8 billion in 2006 to help compete with arch-rival Nike, but its sluggish performance led...
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May 5, 2021
Peloton’s Bad Day Explained: Recall of Tread and Security Leak Discovered
The company announced yesterday they’re recalling Tread/Tread+ treadmills, due to safety issues (which led to the death of one child). Additionally, a story ran on TechCrunch, which outlined how security researchers had stumbled into a bug that allowed some activity and profile details to be seen for private profiles. DC Rainmaker
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May 5, 2021
2021 Boston Marathon Cutoff Time Set at 7:47 Below Qualifying Time
In total, 23,824 applications were received by the Friday, April 23 registration deadline. A total of 14,609 athletes applied with a qualifying time equal to or faster than 7 minutes, 47 seconds under their respective qualifying standard or applied through the early registration period for consecutive runners. The B.A.A. was unable to accept 9,215 qualifiers...
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May 4, 2021
Zoomo raises $12 million to bolster ‘e-bikes for businesses’ model
The newest round of funding follows an $11 million Series A raise announced in August 2020, led by the CEFC. Cumulatively, Zoomo has raised $26 million in the past 24 months. Zoomo will use the funds to invest in the development and production of the brand’s next-generation vehicle offerings as well...
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May 3, 2021
Fast growing running shoe company ON Running targets autumn IPO: sources
Shoe firm ON Running, backed by Swiss tennis star Roger Federer, is preparing for a U.S. stock market listing as early as this autumn in a deal valuing the firm at about $5 billion, people close to the matter said. Reuters
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May 1, 2021
IRONMAN St. George: IRONMAN confirms death of participant during triathlon
A participant died during the first part of the IRONMAN St. George 70.3 course Saturday, just over an hour after the race had officially concluded. The assistant personnel overseeing the 1.3-mile swim course noticed the participant, whose name, age, gender of the athlete and other information were not disclosed, was...
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April 30, 2021
ESW May 14, 2021 Weekly News Report
AWARDS USA Triathlon, Elk Grove Village Present 4 Star Endurance With Entrepreneur/Business Plan of the Year Award ESW USA Triathlon Announces Winners of 2020 Multisport Awards Presented by Wahoo Fitness ESW BUSINESS USA Cycling releases details of Inclusion Conference ESW TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science Businesswire Credit Union Cherry Blossom...
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April 29, 2021
The Startup that Makes Fitness a Video Game
The gaming craze and at-home fitness come together in Ergatta’s rowing machine. The connected rowing company gamifies workouts, with its machine effectively acting as a controller, allowing people to race and compete on a screen as they work out. Front Office Sports
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April 29, 2021
Shimano bike division rides ‘wave of COVID’ to 76% sales growth in Q1
Shimano sales in its bike division were up 76.3% in the first quarter, compared to the same period last year; operating income in the division was up 170%. Net sales for the quarter were 103,757 million yen ($952 million) in the bike division, and operating income was 27,730 million yen....
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April 29, 2021
Tour of Utah to Return in 2022 with Medalist Sports
The Larry H. Miller Tour of Utah has entered into a licensing agreement with Medalist Sports to operate the professional cycling stage race and the Tour of Utah Ultimate Challenge, a non-competitive gran-fondo-style endurance event for amateur riders. Also, due to the Covid-19 pandemic, both events are postponed in 2021, with...
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April 29, 2021
British Cycling joins social media boycott to protest online abuse towards athletes
Organisations from across the sporting world are banding together this weekend to fall silent on social media, to raise awareness of online racism and abuse directed towards professional sportspeople. Cycling Weekly
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April 28, 2021
Athletes to be tested daily for COVID-19 at Tokyo 2020 Olympics and Paralympics
Organisers of the postponed Tokyo 2020 Olympics and Paralympics have confirmed all athletes will be tested for COVID-19 daily as part of coronavirus countermeasures set to be in operation at the Games. Inside the Games
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April 27, 2021
How Perfectionism Leads to Athlete Burnout
Setting high goals is great, but how you deal with falling short determines how long you’re willing to keep chasing them. Outside
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April 27, 2021
New CDC Guidelines Say You Don’t Have to Wear a Mask When Running Outdoors
Yearning for a run without worrying about a mask? The time has come. According to new guidelines from the Centers for Disease Control (CDC), you don’t need to wear a mask outdoors if you’re walking, running, biking, or hiking on your own or with members of your household, whether you’re fully...
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April 27, 2021
Brooks Is Still Beating Nike in Women’s Performance Running — and the Gap Is Getting Wider
Matt Powell, senior sports industry adviser with The NPD Group Inc., reported that Brooks was the largest women’s performance running shoe brand for Q1 2021. He cited data from the NPD retail tracking service, revealing a Q1 sales increase of 88% for Brooks over its mark for the same period in...
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April 27, 2021
Olympians Are Not Allowed to Demonstrate, But Will They Anyway?
The International Olympic Committee (IOC) announced on April 21 that it would uphold its ban on peaceful demonstrations and protests, such as raising a fist or kneeling on the podium, at the Olympic Games. Athletes who do so in Tokyo will face sanctions, but how they will be reprimanded remains...
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April 26, 2021
Outerbike will hold 2 events this year
Outerbike announced it will hold two events this year and canceled four others this summer because of a demo bike shortage. Outerbike Moab will take place Oct. 1-3 and Outerbike Bentonville (Arkansas) Oct. 22-24. The previous events — Killington, Vermont (July 23-25), Crested Butte, Colorado (Aug. 13-15), Duluth, Minnesota (Aug....
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April 26, 2021
Pacer makes mid-race decision to run full marathon, wins in 2:11:00
Jake Smith started the race as a pacer, but after his planned exit point, he decided to keep running on a whim, and he carried on to the finish line far ahead of second place and well under the Olympic standard of 2:11:30. Canadian Running Magazine
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April 26, 2021
PTO taps IMG to help secure international broadcast deals
The IMG agency has been appointed to assist in distributing the global media rights to events organised by the Professional Triathletes Organisation (PTO). The three-year deal will initially focus on delivering global coverage and broadcast partnerships for this year’s Collins Cup, which will see 12-person squads from the US, Europe...
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April 25, 2021
Outpouring of Support for Daniela Ryf as the World Champ Opens Up About Her Sexuality
In a sweeping interview, Ryf talks about loving a woman, splitting with her coach, and finding a new direction. Triathlete
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April 22, 2021
Sales in the Americas fuels Thule’s 46% net sales gain in Q1
Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment. Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way. Bicycle Retailer