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March 5, 2020
Hyperice acquires NormaTec
Performance technology company Hyperice announced Thursday it has acquired NormaTec, the creator of the popular pneumatic compression systems. Terms of the deal were not immediately made available, but Hyperice CEO Jim Huether told CNBC with the acquisition, he expects the company’s gross revenue to “more than double within 18 months.”...
March 5, 2020
Pro cycling teams left scrambling as races cancelled due to coronavirus pandemic
Pro cycling teams across the globe are scrambling to deal with a growing coronavirus crisis, one that is already putting the pinch on the international racing calendar. The UAE Tour was stopped in its tracks, and three teams remain in quarantine. On Thursday, RCS Sport canceled Strade Bianche, the first major European race to be affected...
March 5, 2020
Dirt Rag’s parent files for Chapter 7 bankruptcy protection
Rotating Mass Media, Ltd., the parent of Dirt Rag, filed a petition for Chapter 7 bankruptcy on Thursday. Dirt Rag announced in late January that it was shutting down its magazine and website, as well as its Dirt Fest and Adventure Fest mountain bike festivals. Dirt Rag would have celebrated...
March 5, 2020
In debt for $32 million, Garneau files for creditor protection
Louis Garneau, the Quebecois sporting equipment manufacturer, is in $32-million worth of debt and has filed for creditor protection under the Bankruptcy and Insolvency Act. The company also announced the “temporary” layoffs of 66 employees at its offices in St-Augustin, Que. Read more on Triathlon Magazine.
March 4, 2020
Can short bouts of running lengthen lives?
A systematic review and meta-analysis in the British Journal of Sports Medicine of 14 observational studies has considered whether running — and what “dose” of running — affects the risk for death from any cause, and from cardiovascular health problems or cancer. The researchers looked at pooled data from just over 230,000 participants who were...
March 4, 2020
ASO is looking to revive the women’s Tour de France
A.S.O. edged back slowly into women’s racing in 2014, with La Course by the Tour de France. But they now appear motivated to organize a full stage race, although the actual length has yet to be defined. While the women’s race will not be held during the Tour de France,...
March 4, 2020
Cycling team manager threatens hunger strike over coronavirus quarantine in UAE
A manager of a French professional cycling team, who has been in quarantine in an Abu Dhabi hotel due to coronavirus concerns, threatened to go on hunger strike on Tuesday if authorities do not allow his team to leave the United Arab Emirates. Read more on Reuters.
March 4, 2020
Nike unveils the official uniforms for the 2020 Summer Olympics—and they’re completely sustainable
Ahead of the Olympic games in Tokyo this summer, Nike revealed a new collection that spotlights sustainable materials. The innovative fabrics include polyester made from recycled plastic bottles and nylon, as well as rubber and yarn waste from Nike factories. Check them out on Forbes.
March 4, 2020
Fox Factory’s Q4 sales climb 18.5 percent
Sales for the fourth quarter of fiscal 2019 were $185.9 million, an increase of 18.5 percent as compared to sales of $156.8 million in the fourth quarter of fiscal 2018. This increase in sales reflects a 24.2 percent increase in Powered Vehicles Group sales and an 11.3 percent increase in...
March 3, 2020
Sea Otter Classic to ‘monitor’ coronavirus situation, announce schedule decision soon
Organizers of next month’s Sea Otter Classic bike festival said Tuesday they are keeping a close eye on the COVID-19 virus outbreak and will make an announcement about the event’s 2020 edition in the next few days. Separately, organizers of the North America Handmade Bicycle Show announced that event would be postponed from...
March 3, 2020
Hoka One One ventures into apparel with sustainable performance and lifestyle options
The Deckers Brands company revealed its debut apparel line, a 27-piece collection geared to the needs of all athletes. The apparel ranges from $12 to $250 and is only available online. Read more on Footwear News.
March 2, 2020
Determined runners defy ban on Paris Half-Marathon
Several hundred determined athletes defied a government-ordered ban on large public gatherings to run Paris's half-marathon on Sunday (44,000 would have been expected had the event been held). French Health Minister Olivier Veran announced the ban on Saturday after a special cabinet meeting which also outlawed any indoor events of...
March 2, 2020
Nike, Columbia deep clean campuses as coronavirus reaches Oregon
On the heels of the first known coronavirus case in Oregon, Nike and Columbia are taking early action to help prevent the spread. Both businesses conducted deep cleans of their facilities over the weekend. Read more on The Oregonian.
March 2, 2020
Sorry, hard core athletes, those electrolytes don’t help as much as you may think
Ultramarathoners and other endurance runners take note: You can't rely on electrolyte sports drinks and supplements to keep essential salt levels in balance and prevent illness during and after these grueling races, according to a new study. Read all about the study on CNN.com.
February 27, 2020
Peloton and NMPA agree to settle copyright infringement lawsuit
Peloton and The National Music Publishers' Association (NMPA), the trade association representing all American music publishers and their songwriting partners, announced that they have reached an agreement to “fully settled the litigation brought last year by 14 NMPA members.” It was also announced that Peloton and the trade association entered into a joint...
February 27, 2020
UAE Tour halted after two coronavirus cases confirmed at the race
Teams at the UAE Tour have been informed that the race has been cancelled after two Italians at the race have tested positive for coronavirus. The entire race is staying at hotels on Yas Island, just outside of Abu Dhabi and race officials have asked everyone to stay in their hotel rooms under lockdown....
February 26, 2020
Court approves sale of Tough Mudder to Spartan Race – Tough Mudder Virginia to be first 2020 event.
Judge Sontchi of the The Bankruptcy Court of Delaware, approved the sale of Tough Mudder to Spartan Race. Kyle McLaughlin has been reinstated as CEO and Tough Mudder updated their US website to include eight Tough Mudder event weekends. Read more about the verdict on Obstacle Racing Media.
February 25, 2020
IOC member casts doubt on postponing or moving Tokyo Games
Dick Pound, the longest-serving member of the IOC, estimates there’s a three-month window to decide the fate of the Tokyo Olympics, which are being threatened by the fast-spreading virus from China. Read more on Associated Press about the timelines and backup plan.
February 25, 2020
Britain’s cycling team to lose top sponsor after Tokyo Games
The governing body of British cycling will lose its main sponsor after the Tokyo Olympics, potentially harming the long-term strength of the country’s top-performing sport at recent games. HSBC has decided to exercise a break clause midway through the eight-year partnership. Read more on the Associated Press.
February 24, 2020
Spartan offers relief for cancelled Tough Mudder events
Spartan offers relief for cancelled Tough Mudder events. According to Spartan Race's CEO Joe Desena, Tough Mudder tickets for any event not held will be transferable to any other Tough Mudder event in 20/21. Additionally, registrants will also receive two Spartan open entries of any distance, anywhere in the world....
February 24, 2020
Brooks Sports Sees 3.5 Percent Revenue Gain In 2019
Brooks Sports saw sales climb 3.5 percent in 2019 despite the opening of a new distribution center that presented logistical challenges, according to the annual report of the running brand’s parent, Berkshire Hathaway. Read more on SGB Media.
February 20, 2020
Fitbit earnings show worst holiday sales performance since IPO amid Google acquisition
Fitbit Inc. holiday sales declined more than 12% to the lowest fourth-quarter total for the company since it went public amid an acquisition attempt by Alphabet Inc. according to an earnings report released Thursday afternoon. Fitbit reported fourth-quarter losses of $120.8 million, or 46 cents a share, on sales of $502.1 million,...
February 20, 2020
Men’s winner of El Paso Marathon disqualified and banned after organizers say he cheated; apology issued
Organizers of the El Paso Marathon said Wednesday they were stripping this year's men's winner of his title and banning him from future races after it was discovered he cheated. Joe Morales was declared the marathon winner this past Sunday, but officials said it's now been determined that another runner was...
February 19, 2020
Super cushioned running shoes are all the rage, but aren’t foolproof
Anyone who runs or spectates at races has probably noticed that stacked, generously cushioned running shoes have become almost ubiquitous. But running in those thickly cushioned shoes could affect a runner’s form in sometimes surprising ways, according to a series of new studies of maximalist running shoes and recreational athletes....
February 19, 2020
Garmin’s Q4 beats expectations on strong fitness growth
Garmin Ltd. reported fourth-quarter earnings that beat expectations and provided an upbeat outlook for 2020. All of Garmin’s business segments beat expectations, led by Fitness, up 34 percent; Marine and Aviation, both up 22 percent; and Outdoor, up 16 percent. See the earnings on SGB Media.
