News Topics
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May 23, 2023
Netflix Tour de France TV show Unchained set to get second season
Netflix's Tour de France documentary series, Unchained, is to return for a second series, with filming at the 2023 Tour, Cycling Weekly understands. Cameras are expected to follow teams in the build up to the biggest race of the year and then at the event itself, as they did last...
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May 23, 2023
Dick’s SG Posts 5.3 Percent Comp Sales Growth In Q1; EPS Up 38 Percent
Dick’s Sporting Goods reported net sales for the fiscal first quarter* rose 5.3 percent to $2.84 billion from $2.70 billion in the prior-year Q1 period. Comparable store sales grew 3.4 percent, partially reversing the 8.4 percent comp store sales decline in the year-ago period. Net income increased 17 percent to...
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May 22, 2023
G.O.A.T. Fuel closes funding round, eyes nationwide distribution
The Jerry Rice-backed energy drink company G.O.A.T. Fuel has closed a $5 million seed funding round co-led by venture firms Stage 1 Fund and Morrison Seger Venture Capital Partners. The company has now raised a total of $12 million since launching in 2020, and intends to use its newly acquired...
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May 22, 2023
Will ‘Superfood Powders’ Actually Make You Healthier?
You’ve probably noticed ads for these “superfood powders” scattered across social media or on your favorite podcast. Athletic Greens, Daily Greens, Supergreens — mix just one scoop of these multivitamin powders into a glass of water or a shake, their marketing typically says, and you can get all of the...
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May 22, 2023
Why Is YouTube Obsessed with Running Marathons on Zero Training?
Last year, Nate Buchanan of Kara and Nate, which boasts 3.5 million subscribers, documented himself running 26.2 miles from the city of Marathon to Athens, Greece, without training. Natacha Oceane, 1.62 million subscribers, has two separate videos of her running a 50K as well as twenty-four hours without training. As...
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May 19, 2023
Just one run changes how your brain reacts to food, new study shows
Going out for just one run can curb your appetite while also heightening your response to food cues in parts of your brain, according to a new study published in the journal Human Brain Mapping. Running Mag
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May 19, 2023
Giant Group reports 9.6% drop in sales for Q1
The Giant Group has reported a 9.6% drop in sales for Q1, citing inventory levels in the European and North American markets as well as the higher year-on-year comparison base as the reason. The Taiwanese company’s sales in Europe and North America were impacted by higher inventories of entry-level and...
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May 18, 2023
Strava and Nike tie-up to reach 300+ million athletes worldwide
Strava has today announced a partnership with Nike that will, for the first time, give members the ability to track and share their activity, inspiration and community across both company’s platforms. Later this summer, millions of Nike Run Club and Nike Training Club users will be able to upload their...
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May 18, 2023
Lululemon Makes Minority Investment in Samsara Eco
Announced Thursday, the athleticwear brand made a minority investment in Australian start-up Samsara Eco, a company that has a patented enzymatic process which breaks down high-performance nylon and polyester polymer blends for use as new fibers. Details were not disclosed but Lululemon is the first equity apparel partner in Samsara...
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May 17, 2023
New film follows a Wisconsin ultra runner’s quest on the Pacific Crest Trail
Ultra runner Timothy Olson set a world record when he ran 2,650 miles on the Pacific Crest Trail in 2021. The Amherst, Wisconsin, native's journey along the way was documented by a film crew. It took an average of 50 miles a day for 52 consecutive days. The "Mirage" film...
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May 17, 2023
When too much exercise is bad for your heart
A growing body of science, including a new report of the health of almost 1,000 longtime runners, cyclists, swimmers and triathletes, finds that years of heavy endurance training and competition may contribute to an increased chance of developing atrial fibrillation, especially in men. The Washington Post
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May 17, 2023
Wahoo Fitness Founder Buys Company Back from Banks
Wahoo’s business was doing well pre-pandemic, and then as the pandemic set in, their business exploded with sales. Like most indoor training companies, they couldn’t make stuff fast enough. Though, prices didn’t rise – they stayed as-is. Enter Rhone Equity in June 2021, with an agreement to take a majority...
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May 16, 2023
Brompton secures £19 million investment and will use money to ‘be more ambitious’
Brompton, the iconic British folding bike company, has secured £19 million in investment from BGF. The bike manufacturer's accounts, published on Companies House earlier this year, show that turnover increased 40% to £106.9m ($128.7m) in the year up to 31 March 2022, up from £76.1m ($91.6m) Yahoo Sports
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May 16, 2023
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped analyst targets. Strength was seen across regions, channels and product groups. Sales of CHF 420.2 million ($470mm) topped Wall Street’s consensus target of CHF 382.3...
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May 16, 2023
U.S. senator under fire for allegedly using campaign money for destination marathons
When Sinema participated in the 2022 Boston Marathon, she took pride in sharing her accomplishment on social media. However, The Daily Beast revealed that Sinema received over $16,000 in campaign contributions from a few donors in Massachusetts in April 2022, some of whom contributed at the maximum allowable level of...
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May 15, 2023
New Suit Comes for Nike’s ‘Misleading’ Sustainability Marketing
In a complaint filed Wednesday in a District Court in Missouri, plaintiff Maria Guadalupe Ellis claimed that Nike uses “deceptive and misleading” statements when marketing its sustainability collection. Specifically, the suit claims that Nike “deceives consumers into believing that they are receiving products that are ‘sustainable,’ ‘made with recycled fibers,”...
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May 15, 2023
Garmin launches eBike-specific rear light radar, while Q1 financials are steady
Garmin’s Varia eRTL615 is its first rearview radar and tail light specifically designed for eBike riders. A battery-free design, the Varia eRTL615 plugs into a compatible eBike and can help detect approaching vehicles with visual and audible alerts when paired with selected Garmin devices (including Garmin smartwatches and Edge cycling...
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May 15, 2023
The Speed Project: The secret ‘Fight Club’-style race between Los Angeles and Las Vegas
It has no website, no "register here" button, no rules, no official route, no spectators and, until a week before, no official start date. It's a "Fight Club" of the running world created in the mould of its founder. Before he found marathon running after moving to Los Angeles in...
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May 15, 2023
Giant and Stages end investment negotiations
Giant had filed a notice in January saying its board had agreed to invest a total of about $20 million in Stages, which has manufactured stationary bikes for Stages in the past. The January statement said the board approved the purchase of 32.5% of Stages Cycling Inc. common stock for $6.5...
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May 12, 2023
Toronto Marathon slammed for cars driving through the race course and medals being stolen at the finish line
Dozens of Toronto Marathon participants are expressing concerns about the way the races played out, a lack of water and medical personnel available for runners, and a finish line that was, at best, disorganized, and at worst unsafe for volunteers and participants alike. The Star
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May 11, 2023
Why tall, leggy people run faster in the heat
If you are a marathon runner in search of a personal best, your body shape could be just as important as your training, analysis suggests. A study of 170 Ironman contestants found tall, leggy runners performed better in warm climates, while shorter, stockier people had the upper hand in colder...
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May 11, 2023
Peloton Recalling More Than 2 Million Bikes Over Fall Risk — See If Your Bike Is Included
Peloton has recalled over two million bikes and urged customers to discontinue using the product over safety concerns. On Thursday, the Consumer Product Safety Commission reported the recall of approximately 2.2 million bikes, specifically the Model PL01. Peloton received 35 reports concerning the recalled model, sold online and in Dick's...
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May 10, 2023
Asics Corp. Posts 35 Percent Jump In Q1 FX Neutral Sales; Profits Surge 87 Percent
Asics Corporation reported that net sales jumped 44.6 percent year-over-year to ¥152.2 billion ($1.15 bn) in the first quarter ended March 31, and increased 35.0 percent year-over-year excluding foreign exchange effects. Profit attributable to owners of the parent company increased 86.9 percent to ¥16,310 million ($122.8 mm) mainly due to...
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May 9, 2023
The future of e-bike drives: No chain, no belt, no wear?
In 2023, Eurobike will showcase a variety of new product innovation possibilities, some of which that were inconceivable until recently. The series hybrid is one of them. Whilst not a new idea, its consistent implementation on the bicycle has only recently been addressed: Replacing a drivetrain made of chainring, chain...
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May 9, 2023
Under Armour Swings To Fiscal Q4 Profit On Footwear Growth; Inventory Up 44 Percent
Under Armour reported that revenue for the fiscal fourth quarter was up 7.5 percent to $1.40 billion (+10 percent currency-neutral) in the period ended March 31. Gross margin declined 310 basis points to 43.4 percent of sales in the period, driven primarily by higher promotions, mix impacts related to higher...