News Topics
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December 11, 2022
Ironman Triathlon discontinues Alaska race after just 1 year
Nearly as quickly as it arrived, the Ironman Alaska triathlon race has been discontinued. The inaugural race was held Aug. 7 in Juneau, but it won’t return for a second running, Ironman announced Friday. ADN
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December 9, 2022
Nike’s 50th anniversary: How the swoosh has changed running forever
Fifty years after the birth of Nike, it's impossible to imagine the running world without it. From record-breaking shoes to Olympic kit, via running crews and online ads, the swoosh is everywhere. And yet, implausible though it now seems, the Nike story began, unpromisingly, with a piece of college homework....
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December 9, 2022
Rad Power Bikes suffers a third round of layoffs
North America's largest e-bike company, Rad Power Bikes (opens in new tab), is currently conducting its third round of layoffs in a year filled with lawsuits, manufacturing defects, layoffs and a market downturn. Cycling Weekly
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December 8, 2022
2-Minute Bursts of Movement Can Have Big Health Benefits
A new study confirms that you don’t have to do a hard workout to reap the longevity rewards of exercise. NYT (Paywall)
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December 8, 2022
Lululemon Lifts Outlook As Q3 Comps Surge 22 Percent
Lululemon Athletica, Inc. again raised its outlook for sales and earnings for the year after reporting third-quarter results that topped guidance. Comparable sales in the quarter increased by 22 percent, or 25 percent on a constant dollar basis. Sales of $1.9 billion exceeded guidance in the range of $1.780 billion to $1.805 billion. EPS of $2.00...
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December 8, 2022
Former Hydro Flask CEO to Lead Puffin Drinkwear
Puffin Drinkwear, makers of personality-infused apparel for your drink to wear, announced that Scott Allan is being brought on as interim CEO starting immediately. Allan led Hydro Flask initially as President & CEO and following its acquisition by Helen of Troy, as SVP & Global GM. SES
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December 8, 2022
How one race is trying to zero out emissions
Bikes are thought of as a green mode of transportation, but a bike race and all the vehicles around it can almost at first glance seem like the antithesis of sustainability. The cycling community is starting to take its environmental impacts and carbon footprint seriously. Velo News
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December 7, 2022
Anta Exploring Amer Sports IPO
Anta Sports Products, Ltd., the Chinese sports equipment corporation headquartered in Jinjiang, is reportedly holding preliminary talks with investment banks for an IPO of Amer Sports that could raise about U.S.$1 billion or more, according to Bloomberg. Amer Sports, headquartered in Finland, is the parent of Salomon, Arc’teryx, Peak Performance, Atomic, Suunto,...
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December 7, 2022
Cyclist Gwen Inglis’ family awarded $353 million verdict in civil lawsuit against driver
Michael Inglis, the husband of late cyclist Gwen Inglis, was awarded a $353 million verdict in the civil lawsuit against Ryan Montoya, the driver who struck and killed her on May 16, 2021. Montoya pled guilty to vehicular homicide-driving under the influence last April and was sentenced to eight years...
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December 7, 2022
Kenya looks to criminalise doping in athletics
The east African country avoided a sanction by governing body World Athletics - despite having 55 athletes serving suspensions - last week after committing to spend $25m over the next five years to combat doping. Sports minister Ababu Namwamba hopes to fast track amendments to legislation and crack down on...