News Topics
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June 12, 2021
Chinese official found dead and five arrested during probe into marathon deaths
He was identified as Jingtai County Communist Party Secretary Li Zuobi. Last Friday, the Gansu provincial government handed down punishments to 27 officials, posthumously exempting Li but sacking his deputy, Zhang Wenling. Two other lower-ranking officials were detained, while the others were given administrative punishments, demotions, warnings and demerits. News4
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June 11, 2021
Wearables Connecting Athletes to Fans
Wearables, which have become popular with the world’s top athletes, produce a wellspring of data that companies can leverage in any number of ways. Wearable makers appeal to both athletes and fans, sometimes even connecting them. Front Office Sports
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June 11, 2021
SIGNA Sports United To Go Public By Merging With A SPAC
SIGNA Sports United (SSU), the sports eCommerce retailer and technology company, has struck a deal to combine with publicly-traded special purpose acquisition company (SPAC) Yucaipa Acquisition Corporation (YAC). The deal also encompasses the purchase of eCommerce bike retailer WiggleCRC Group. PYMNTS.com
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June 11, 2021
Shimano forced to shut Malaysia component factory in latest blow to the supply chain
Shimano's factory in Malaysia will be completely closed until at least June 14 due to an official COVID-19 mandate. Since June 1, the factory had been allowed to operate at 60% capacity. Bicycle Retailer
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June 10, 2021
Olympics: 8,500 athletes qualified, 80% to be vaccinated by games: IOC
The IOC said 75 percent of prospective Olympic and Paralympic Village residents have either already been vaccinated or are scheduled to be vaccinated, with the figure set to rise to over 80 percent when the games start. The village officially opens on July 14. Kyodo News
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June 9, 2021
The Best Type of Exercise? A Blood Test Holds Clues
a fascinating new study of more than 650 men and women suggests that the levels of certain proteins in our bloodstreams might foretell whether and how we will respond to various exercise regimens. NYT (paywall)
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June 8, 2021
Top swimmers unionise in bid for improved athlete rights
Several of the world’s top swimmers have formally established a new independent representative body in a bid to improve athlete rights in the sport and give competitors a greater say in governance matters. SportsPro
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June 8, 2021
Sporting Goods Giants Continue Seeing Record Numbers
Academy Sports reported its Q1 earnings Tuesday, highlighting a recent string of record-breaking quarters in the sporting goods industry. The company saw its highest-ever gross margin, increasing 89.2% to $563.7 million. Net sales jumped 39.1% year-over-year to $1.58 billion. But Academy Sports isn’t the only sporting goods store trending upward. Front Office...
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June 8, 2021
Hashimoto insists Tokyo 2020 will go ahead as 10,000 volunteers quit over COVID-19
It has been reported that 10,000 of the 80,000 volunteers for the Games have quit, largely because of coronavirus fears. However, Tokyo 2020 President Seiko Hashimoto insists this year’s Olympic and Paralympic Games will take place as planned - unless the majority of teams are unable to travel to Japan...
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June 7, 2021
The Great U.S. Bicycle Shortage
A boom demand, a trade war, and pandemic have combined for major price inflation in the bicycle business. With demand high and supply low, prices for bikes and parts can be 15-25% higher than usual. Front Office Sports
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