News Topics
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April 8, 2022
Cycling-British cycling suspend transgender participation policy
British Cycling said on Friday that it has suspended its Transgender and Non-binary Participation Policy with immediate effect. Transgender cyclist Emily Bridges said last week that she had provided British Cycling and governing body UCI with evidence that she was eligible to compete at the National Omnium Championships and was...
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April 7, 2022
Cycling investment group director Samuel Mancini pleads guilty to securities fraud
Samuel Mancini, the director of a Denver-based fund that planned to invest in several well-known cycling brands, has pleaded guilty to one count of securities fraud. Mancini, arrested last July, could be sentenced to up to 20 years in prison and hit with a $5 million fine for the one...
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April 7, 2022
Cycling investment group director Samuel Mancini pleads guilty to securities fraud
Samuel Mancini, the director of a Denver-based fund that planned to invest in several well-known cycling brands, has pleaded guilty to one count of securities fraud. Mancini, arrested last July, could be sentenced to up to 20 years in prison and hit with a $5 million fine for the one count....
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April 7, 2022
UCI confirms it is monitoring the progress of Sonny Colbrelli
Last week, Colbrelli was fitted with an internal defibrillator by Italian doctors after he suffered cardiac arrest moments after crossing the finish line of the opening stage of the Volta a Catalunya on March 21. Velo News
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April 6, 2022
Boston Marathon excludes runners residing in Russia, Belarus
Athletes from Russia and Belarus previously accepted to compete in this year's Boston Marathon who are currently residing in either country will no longer be allowed to participate, the Boston Athletic Association announced Wednesday. The exclusion from the world's oldest annual marathon also extends to athletes previously accepted into the...
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April 6, 2022
New study says high cushioned shoes improve exercise performance
Results indicate that a high cushioned shoe may not only improve your recovery but also benefit your performance in the absence of muscle damage. Canadian Running Magazine
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April 6, 2022
IFit Withdraws IPO Following Postponement In October
NordicTrack brand owner iFit Health & Fitness Inc. is scrapping its plans for an already postponed initial public offering, according to a filing with the Securities and Exchange Commission on Wednesday. MarketWatch
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April 6, 2022
Teens Rank Nike and Lululemon Among Their Top Brands
The majority of the 7,100 teens across 44 states who responded to Piper Sandler’s 43rd semi-annual spending survey this spring voted for Nike as their top footwear and apparel brand. In apparel, Nike garnered 30% of the vote, followed by American Eagle at 7%, and Lululemon at 5%. Nike’s share...
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April 5, 2022
Flexia Raises $4 Million In Funding Round
Flexia, the at-home Pilates start-up, announced a $4 million seed round led by ADvantage, an early-stage VC fund investing in tech companies involved in sports, fitness, health, and gaming. Other strategic investors in the round include Phoenix Capital Ventures, Techstars, and Calm Ventures. SGB Media
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April 5, 2022
Lululemon Taps Adidas, Nike Veterans for Key Footwear Roles as Brand’s New Shoe Biz Threatens Industry Giants
Lululemon announced the appointments of Simon Atkins to the role of SVP of footwear and Phil Dickinson to the role of SVP and global creative director. Atkins joins Lululemon after a 25-year stint at Adidas, where he most recently served as SVP and GM of global basketball and U.S. sports....
