News Topics
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August 23, 2022
Dick’s Sporting Goods boosts 2022 outlook after second-quarter earnings top estimates
Dick’s Sporting Goods on Tuesday reported quarterly earnings and revenue that topped analysts’ expectations and boosted its financial outlook for the year. The sporting goods retailer said it now expects comparable store sales for 2022 to decline between 6% to 2%. It had previously forecast the figure to be down...
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August 23, 2022
Usain Bolt Files Trademark for Victory Pose
Usain Bolt has just filed a trademark for his signature victory pose. The pose in question was first made known to the masses during his record-breaking run at the 2008 Olympics in Beijing. Yahoo Life
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August 22, 2022
Adidas Initiates CEO Transition
Adidas AG’s Supervisory Board announced that it has initiated a CEO transition. Kasper Rorsted, CEO of Adidas, and the Supervisory Board have mutually agreed upon that Rorsted will hand over the CEO position during the course of 2023. The search for a successor has started. SGB Media
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August 19, 2022
Olympic Mountain Bike Silver Medalist Tests Positive for Doping
Swiss anti-doping officials provisionally suspended Mathias Flückiger after the successful cyclist tested positive for a cattle growth hormone substance called Zeranol. Flückiger’s suspension comes just ahead of the UCI European MTB World Championships. It results from a test sample collected on June 5. Gear Junkie
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August 19, 2022
Endurance sports make a life-changing update for nonbinary athletes
The origins of the movement by endurance race organizations to add a nonbinary category is uncertain, but for Life Time, it started with a conversation in early 2020, just before the pandemic hit. The event producer didn’t make an official announcement about the new race division but simply worked it...
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August 19, 2022
Mancini sentencing delayed to November
Cycling industry investor Samuel Mancini, who was originally scheduled to be sentenced Aug. 17 after pleading guilty to one count of securities fraud, will now be sentenced on Nov. 17. Mancini was the director of a Denver-based fund that planned to invest in several well-known Italian cycling brands. He was...
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August 18, 2022
Leadville was an unassuming, old mining town — until COVID brought the deep-pocketed tourists
The influx of newcomers to Leadville has infused the city and county with new tax dollars, but created a housing crisis and worker shortage. The Colorado Sun
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August 18, 2022
Nike And Adidas Settle Flyknit Infringement Lawsuit
Nike filed paperwork with the U.S. District Court in Portland, OR, to settle its patent infringement lawsuit against Adidas over the alleged use of Nike’s knitted footwear technology. Nike charged Adidas had stolen its “game-changing” Flyknit technology to craft one-piece knitted uppers for sneakers that use fewer materials and generate...
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August 18, 2022
PushPress Secures $11 Million in Series A Funding Led by Altos Ventures
PushPress, Inc., a trailblazing fitness studio management software company, announced it has successfully raised $11 million in Series A funding led by Altos Ventures, with participation from Mucker Capital. Founded in 2013, PushPress is on a mission to make gym management the easiest part of running a fitness business through...
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August 16, 2022
Focusing on diversity and inclusion, gravel bike racing welcomes all to this sport
Gravel racing, known to embrace all, regardless of race, gender, weight or age, is steadily becoming the most welcoming sport. npr
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