News Topics
-
June 17, 2020
Sporting goods sales surge 88%
Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, although things remained well below spending levels seen during the same period a year ago, the National Retail Federation said. Sporting goods, however, was a bright spot, up 88.2 percent month-over-month...
-
June 16, 2020
Bike market skyrockets, with sales up 75% in April
U.S. cycling sales through all retail channels grew 75% in April to a total of about $1 billion in retail sales for the month, according to The NPD Group. NPD said April was the first month since NPD began tracking the cycling market that sales have reached $1 billion in...
-
June 16, 2020
How one rider got Strava to remove racially offensive segment names
Californian Nehemiah Brown pushed Strava to remove segments in his area that had racially insensitive names. Now, Brown is holding a ride to raise funds for the Equal Justice Initiative. Read more on VeloNews.
-
June 16, 2020
Former Wigwam CEO sues sock maker for breach of contract after sudden termination in April
The former CEO of Wigwam Mills, Inc. is suing the company for failing to follow the termination procedures outlined in his contract after he said he was fired without cause in April. The lawsuit comes weeks after the century-old sock-making company laid off 121 of its 142 employees because of "unforeseen adverse circumstances" related to...
-
June 16, 2020
Fitbit introduces ready for work solution to help employers manage workplace health and safety during the COVID-19 pandemic
Fitbit’s Ready for Work solution gives employees access to key health metrics from their Fitbit device along with exposure, symptom and temperature logging, all within an easy-to-use Daily Check-In feature that provides employees with guidance on whether to go into the workplace.
-
June 15, 2020
The Psychology of Racing Alone
Time trials and virtual races present unique challenges and require new psychological tactics. Here's how to mentally master them on PodiumRunner.
-
June 15, 2020
Spartan Race holds first mass participation event since COVID-19 began
Spartan Race put on its first obstacle race since early March on Saturday in Jacksonville, Florida. Spartan, had cancelled 22 events to date, losing millions during the 2020 pandemic. A smaller event with their Trail Series on June 12 had just under 150 participants, and on June 13, their 5K obstacle race had 1,253...
-
June 15, 2020
After backlash, Ironman ‘pauses’ Women For Tri Facebook group
Thousands of members left the Women for Tri Facebook group and board members stepped down from their admin roles in response to disputes over posts about #blacklivesmatter. Read more on Triathlete.
-
June 15, 2020
24 Hour Fitness declares bankruptcy, citing “devastating” coronavirus hit
24 Hour Fitness has filed for bankruptcy protection, marking the second national gym chain to go under since the coronavirus pandemic erupted across the U.S (Gold's Gym filed for bankruptcy last month). The bankruptcy comes one day after the company said it will permanently close 100 locations nationwide. Read more on CNBC.
-
June 11, 2020
Lululemon earnings miss despite online surge but CEO upbeat on new normal
Lululemon earnings tumbled to 22 cents a share with revenue down 17% to $652 million. E-commerce revenue jumped 68% to $352 million. Digital sales accounted for 54% of total revenue. Read more on IBD.
-
June 11, 2020
A single session of exercise alters 9,815 molecules in our blood
The extensive molecular changes that occur during and after working out underscore how consequential activity is for our bodies and health. Read more in New York Times.
-
June 11, 2020
Under Armour makes a mask for athletes to use when working out
Designed with three layers, the UA Sportsmask, which is a reusable and water-resistant performance face mask, was made with breathability in mind. The mask was also designed to reduce the spread of respiratory droplets by the wearer. Read more on Footwear News.
-
June 10, 2020
Trek, Specialized move to boost diversity
Two of cycling’s biggest brands — Trek and Specialized — vow to promote diversity in the cycling community. Read more on VeloNews about how they are contributing and what Trek has to say about its police bike program.
-
June 10, 2020
Emerald Holding, Inc. to receive $400 million convertible preferred stock infusion led by Onex
Onex Corporation announced an agreement with Emerald Holding, Inc. a leading operator of business-to-business trade shows in the U.S., on a $400 million convertible participating preferred equity investment led by Onex Partners V, Onex' $7.2 billion fund. Onex Partners has been a significant shareholder of the Company since 2013. Emerald...
-
June 10, 2020
CrossFit CEO steps down after release of controversial Zoom call
Greg Glassman stepped down as CEO of CrossFit shortly after a report said the founder of the fitness company made several controversial statements during a private Zoom call with gym owners. Glassman's statements on Zoom were reportedly made just hours before he sent a tweet that appeared to make light of...
-
June 9, 2020
High-carb diet outperforms low-carb in endurance study
Australian researchers confirmed results of a previous trial finding that endurance athletes seem to train and race best on high-carb diets. Read more on PodiumRunner.
-
June 9, 2020
Outdoor Retailer announces June virtual event
A virtual, three-day business, networking and educational event, it will include live programming that will run from July 21-23, 2020, and online tools will be available to registered exhibitors and attendees throughout the summer, said Emerald Expositions. Read more on Inside Outdoor.
-
June 9, 2020
24 Hour Fitness starts to reopen, but S&P downgrades debt rating and potential bankruptcy looms
Gym giant 24 Hour Fitness Worldwide has nearly four million members for its 440 clubs in 14 states, but the coronavirus has been a crippling blow for the chain since it announced the closing of all of its clubs on March 16. Franchises recently reopened in Dallas and Houston, and...
-
June 8, 2020
Why we can’t (or won’t) let Lance Armstrong go
The recent ESPN 30 for 30 documentary highlights why we're still fascinated by Lance Armstrong. Read more on Triathlon Magazine.
-
June 8, 2020
Reebok ends partnership with CrossFit after CEO’s comment on George Floyd
In addition to Reebok ending its partnership, other CrossFit affiliates such as CrossFit Magnus, Petworth Fitness, Rogue and NoBull announced that they would also be ending their affiliations with the company. Read more on CBS Sports.
-
June 8, 2020
Fuji Bikes suspend sale of American police bikes used in ‘violent tactics’ during protests as Trek faces criticism
Fuji said seeing its bicycles deployed in this manner during the George Floyd protests went against their intended use. Read more on Cycling Weekly.
-
June 8, 2020
The Power List: The 50 most influential people in cycling
Here is this year's list of the riders, managers, agents, and stakeholders who pull the strings of the sport according to Cycling News.
-
June 8, 2020
USA Cycling offers cost cuts for event organizers
Governing body to provide support to events incurring costs to meet health and safety guidelines. Read more on VeloNews.
-
June 4, 2020
Tokyo weighs scaled-back olympics, says governor
Tokyo 2020 officials are looking at ways to scale back next year's postponed Olympics, the city's governor said Thursday, amid reports the opening ceremony could be streamlined and spectator numbers cut. Read more on Barron's.
-
June 4, 2020
Black leaders in the running community talk brands, mental health, safety, and more
Amid anguish across the country, runners opened discussions and made their miles more meaningful on Global Running Day this year. Read more on Women's Running.