News Topics
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August 23, 2023
New York City Marathon changes pregnancy deferral policy – but it requires athletes to pay to defer
New York Road Runners (NYRR) – organisers of the New York City Marathon – updated the organisation’s pregnancy and postpartum cancellation policy in an attempt to become a ‘more diverse, equitable, inclusive, and socially responsible organisation’. It means that the New York City Marathon is now the fifth World Marathon Major to allow women...
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August 23, 2023
Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Pelotonon Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The company fell short of analysts’ earnings estimates but beat sales expectations. CNBC
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August 23, 2023
Gympass Hits $2.4B Valuation After Latest Funding Round
Gympass, a top corporate wellness platform, has raised $85 million in a Series F funding round at a valuation of $2.4 billion, an eye-watering number given the struggles of other fitness industry companies in the current economic environment. EQT Growth led the funding round, with participation from Neuberger Berman Group...
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August 22, 2023
Lotto Dstny sports director Allan Davis fired after sending “inappropriate” messages to women
Davis, who won the Tour Down Under and finished second at Milan-San Remo during his 14-year professional career, was removed from Lotto Dstny's Tour de France coaching team after the allegations came to light in June, a female Twitter user telling road.cc that several other women had contacted her with details of similar...
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August 22, 2023
Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
After a second quarter where profitability fell short, Dick’s Sporting Goods announced a business optimization program that involved laying off 250 employees at the corporate level, as first reported by Bloomberg Business. Dick’s said that the business optimization plan is intended to better align its talent, organization design, and spending....
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August 21, 2023
John McEnroe Tennis Academy partners with Evolution Optiks’ OcuRay for neuro fitness wearable
The John McEnroe Tennis Academy is partnering with the OcuRay division of Evolution Optkis on a vision training wearable to improve its athletes’ neuro fitness. The youth tennis players will use FalconFrames, lens-less glasses that track eye movement and use AI algorithms to detect impairments and help wearers train their vision...
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August 21, 2023
How This 52-Year-Old Crushed His First Ultra, One of the Hardest Races in the World
Ken Rideout had never slept in a tent, run with a backpack, or been in a race longer than 26.2 miles — but when the 52-year-old heard about the grueling Gobi March ultramarathon, something told him he could win it. Not only did Rideout win the Gobi March at 52, taking...
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August 20, 2023
Two men die in Ironman Cork competition in Ireland
Two men died during the swimming portion of an Ironman event in Ireland on Sunday, local authorities said. Irish broadcaster RTE said the two men, one in his mid-60s and one in his mid-40s, died in separate incidents during the 1.9 kilometer (1.2 mile) swimming portion of the competition. espn
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August 18, 2023
Saucony, ASICS Gaining on HOKA
HOKA’s sales grew from about $900 million to $1.4 billion from fiscal 2022 to 2023 and it’s still rocketing upward. The big movers are ASICS and Saucony and the moves are striking. Saucony has almost doubled its share, from 12 percent to 21 percent, in a 3-year span. HOKA’s lead...
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August 18, 2023
Running can help cut risk of 9 different cancers in men: study
In a study published in the British Journal of Sports Medicine, researchers analyzed the rates of cancer in a cohort of more than a million men in Sweden over an average period of 33 years, beginning at age 18. Using the results from fitness tests that were used to gauge...
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