Latest Sports Breaking News
October 24, 2023
Shimano’s Sales Tumble 20 Percent In Nine Months On Cycling Weakness
Shimano Inc.’s sales tumbled 19.8 percent in the nine months as sales in its Bicycle Components segment dropped 24.8 percent with the decline tied to high inventories in the IBD channel. The Japanese-based company nonetheless slightly raised its outlook for the year as orders in the back half weren’t as...
October 24, 2023
Running Store Distance Lets Customers Steal — If They Can Outrun Its Security Guard
Running store Distance is allowing customers to steal products from its shelves — with a catch. On Sept. 13, the brand posted a sign outside of its store in Paris, which proclaimed “Rob It To Get It” as part of its latest campaign. Customers were allowed to steal items in-store...
October 20, 2023
Lost Paddle plans two (e)revolution shows for 2024
Lost Paddle Events will produce two e-bike events next year: a second edition of its (e)revolution Denver show in late May preceded by a new outdoor trade/consumer show in Orange County, California, in April. The California event will be held at Irvine's Great Park, a 500-acre venue with off-road and...
October 19, 2023
Wiggle future in doubt as business set to file for self administration
The parent Signa Sports United, whose largest shareholder is Signa International Sports Holding, is facing down the prospect of losing a €150 million financial commitment, on which just €7 million has thus far been drawn to support the network of companies’ trading activities. The ultimate source of the funding withdrawal...
October 18, 2023
Human Powered Health set to grow women’s team in ‘scope, size, capability’ for 2024
Following the demise of its men’s team, Human Powered Health is going all in on its women’s squad for 2024. Over the summer, the U.S.-registered squad looked destined to be demoted from the Women’s WorldTour at the end of the season, but some changes in the top tier gave the...
October 7, 2023
Runners outraged after local Ontario marathon ran out of water
A marathon in Ontario’s picturesque Prince Edward County is under scrutiny following a severe water shortage in 24 C weather, which left 600 runners searching for answers. Despite assuring on their website that water stations would be available every two kilometres during the second half of the marathon, some runners were shocked...
October 5, 2023
Runners outraged after local Ontario marathon ran out of water
A marathon in Ontario’s picturesque Prince Edward County is under scrutiny following a severe water shortage in 24 C weather, which left 600 runners searching for answers. Despite assuring on their website that water stations would be available every two kilometres during the second half of the marathon, some runners were shocked...
October 4, 2023
On Announces its Three Year Financial Outlook, Confirming its Ongoing Commitment to Combine Strong Growth with Increasing Profitability
Swiss performance sportswear brand On (NYSE: ONON) will today, October 4, 2023, host an Investor Day at On Labs in Zurich, Switzerland. Two years after the Company’s IPO and following the successful execution on the growth strategies presented during the listing process, the Company is providing an update on its...
October 4, 2023
Mancini victims eager to see ‘justice done’
Victims of what prosecutors call a “Ponzi-like” scheme to buy several Italian cycling brands are asking a judge to release pre-sentencing materials for Samuel Mancini, who has pleaded guilty to securities fraud in the case. Mancini pleaded guilty in April 2022, but a sentencing hearing has been repeatedly postponed and...
October 4, 2023
Runner accused of cheating in Cardiff half marathon
A runner is alleged to have cheated in the Cardiff Half Marathon. Sion Daniels of Llanelli AC was seen at the finish line celebrating a time of one hour, seven minutes and 40 seconds. But organisers said he removed his chip and submitted a false GPS recorded file which included...