News Topics
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January 10, 2023
adidas to Combine Canadian And US Business Units In Major Organizational Shift
“Historically, these teams have operated separately as two individual markets. Therefore, this restructure will enable more speed and cohesion across the entire North American market. The implementation of these changes has started and will conclude by the spring. Business operations will be mainly based out of our U.S. headquarters in...
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January 9, 2023
More Prize Money Is Flowing Into Trail Running. What Does That Mean for the Sport?
Run Rabbit Run is one of the rare American trail races that offers a relatively large prize purse, and for a decade, it’s been the largest in the sport. Hughes earned $15,000 for winning the women’s race and split another $5,000 with Arizona trail runner Peter Mortimer (who placed 12th...
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January 9, 2023
Porsche eBike Performance begins recruitment drive
Porsche eBike Performance GmbH has begun 2023 just as the wider Porsche business moved in 2022. With regards to eBikes; at a significant pace. Now formally established as a business unit, the organisation is expanding. That means new hires, to build out on the organisational capabilities, and enhance capacity. Cycling...
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January 9, 2023
Xponential Fitness Expects To Meet, Or Exceed, Full-Year Guidance
The company expects to meet or exceed the high end of the previously provided full-year 2022 outlook. North American system-wide sales of $1.03 billion, exceeding the high end of the guidance range of $995.0 million to $1.005 billion, and an increase of 46 percent as compared to full year 2021. SGB...
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January 9, 2023
Lululemon Shares Drop After Weak Q4 Guidance
The Vancouver, British Columbia-based brand now projects Q4 net revenue to be between $2.660 billion to $2.700 billion, compared to a previously outlined range of $2.605 billion and $2.655 billion. Q4 diluted earnings per share are expected to be between $4.22 and $4.27, tighter and lower than the previously outlined...
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January 9, 2023
Global Medalists, National Record Holders, Olympians and Paralympians Among 127th Boston Marathon Women’s Field
The Boston Athletic Association (B.A.A.) proudly announced today the women’s professional field for the 127th Boston Marathon, featuring decorated Open, Wheelchair and Para Athletics Division athletes from 18 countries. Among the field are global medalists, national record holders, Olympians and Paralympians, as well as five Boston Marathon champions. BAA
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January 5, 2023
Pickleball Soars to 37M Players in U.S.
Pickleball is coming off of its best year yet. The sport, which exploded in popularity during the pandemic, saw more than 36.5 million people in the U.S. play between August 2021 and August 2022, according to a report by the Association of Pickleball Professionals. Before the report, around 5 million people played pickleball....
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January 5, 2023
Italian distance runner given 36-year ban from racing
Italian distance runner Alessandro Braconi of Pallanza, Italy, will not be eligible to compete until 2058 after receiving a ban of 36 years for the use/attempted use, possession, and trafficking/attempted trafficking of a prohibited substance. This follows his provisional suspension after a positive drug test in March 2022. Canadian Running
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January 4, 2023
Active Lifestyle Stocks Face Turbulence In 2022
The majority of stocks in the active lifestyle space took it on the chin in 2022 as broader stock markets in the U.S. saw their worst performance since the 2008 financial crisis. All three of the major averages suffered their worst year since 2008 and snapped a three-year win streak....
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January 4, 2023
The best fitness kit at CES 2023: next-gen smartwatches, sleep trackers, cycling and more
CES 2023, the annual Las Vegas technology convention happening right now, is showing off TVs, automotive stuff, smart home tech, and many other innovations which often never see the light of day. Health tech also plays a big part on the event floor, with a whole zone of the convention...
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