News Topics
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December 15, 2021
Apple, Amazon Vie for Piece of Growing Wearable Tech Market
The fitness wearables market is poised for huge growth over the next seven years — and companies and investors are taking notice. Separate reports from Grand View Research and Fortune Business Insights placed the fitness wearable market at $34.6 billion and $36.3 billion, respectively. Fortune predicted compound annual growth of...
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December 15, 2021
Shimano gets fake clearance website taken down
Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site. Shimano warned the public about the site in October. Bicycle Retailer
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December 14, 2021
How long does it take to get out of running shape?
Most runners worry that if they break, all of their training will go to waste, but a 2008 study in the Journal of Physiology suggests that what changes is the body’s ability to consume and process oxygen. In only two weeks of inactivity, your body loses the ability to consume and process oxygen...
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December 14, 2021
World Triathlon sanctions Russian Triathlon Federation
World Triathlon’s Executive Board has decided to sanction the Russian Triathlon Federation due to… ‘the significant number of doping cases in Russia.’ The sanction will be effective for one year, and World Triathlon will review quarterly that necessary measures are being followed. Endurance Biz
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December 14, 2021
Nike Evaluating $1B in Media Spending
Nike is reportedly conducting a full review of its media accounts, inviting a host of major ad and media agencies to compete for their portion of around $1 billion. The process, which Nike hasn’t conducted at this scale in more than 10 years, is only just beginning and is expected...
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December 13, 2021
Paris to hold ‘most accessible’ opening ceremony of 2024 Olympics on River Seine
The opening ceremony of the Paris Olympics on July 26, 2024, will be held on the River Seine, organisers announced on Monday, breaking the long-held Summer Games tradition of a stadium procession of athletes and officials. France24
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December 13, 2021
Report: To Sustain the Cycling Boom, U.S. Must Build Up American Bike Manufacturing
America’s Covid-induced cycling boom is being stifled by massive over-reliance on overseas bike manufacturers — and the nation needs to follow Europe’s example and re-shore this essential industry to achieve social and environmental impacts far beyond the shelves of local bike shops, a new report argues. Streetsblog USA
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December 13, 2021
Salt Lake City outlines projected budget of $2.2 billion for Winter Olympics
Salt Lake City-Utah Bid Committee President and chief executive Fraser Bullock said the budget has been calculated in 2030 dollars, an estimated 24% inflation on present day figures. The figure consists of a $1.75 billion (£1.3 billion/€1.5 billion) operational budget for the Games, with a further $200 million (£151 million/€177...
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December 10, 2021
Lululemon Revenue Up Despite Mirror’s Struggles
Lululemon reported third-quarter earnings Thursday, posting a 30% year-over-year net revenue increase to $1.5 billion. Net income jumped from $143.6 million to $187.8 million. Revenue in North America rose 28%, and international revenue increased 40%. The athleisure company saw total sales increase 27%, opening 18 new stores during the quarter...
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December 9, 2021
Study says trail running doesn’t decrease your risk for injuries
Recently a group of researchers compared the shock-absorbing forces on dirt and gravel with paved surfaces and found that while there are plenty of benefits to trail running, reducing injury risk isn’t one of them. Canadian Running
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