News Topics
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May 12, 2021
Big Sneaker, Small Footprint: Adidas, Allbirds Collab on Lowest Carbon Emission Shoe
After a 12-month collaboration, rival brands adidas and Allbirds today unveiled what they see as the future of sustainable shoe design. The FUTURECRAFT.FOOTPRINT, a limited-run proof-of-concept shoe, produces an estimated 2.94 kg of carbon per pair. That makes it both brands’ first sub-3kg carbon footprint shoes, and less than half that...
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May 11, 2021
Nautilus Rides Home Fitness Boom To Record Results
Nautilus Inc. delivered record-breaking results for the second straight quarter to produce the highest revenue quarter in the company’s 35-year history. In the quarter ended March 31, revenue was up 120 percent to $206 million. In February, Nautilus provided guidance calling for growth of 55 percent to 75 percent. SGB Media
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May 11, 2021
Outside’s 2021 Summer Buyer’s Guide
Every year, Outside dedicates two whole magazines to gear. That's 40-plus Reviewers. 340 Products. Months of testing on rivers, trails, summits, and patios. See their picks for running, cycling and fitness gear at the link.
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May 11, 2021
Trail Running Has a Harassment Problem. These Women Are Here to Stop It.
After years of hearing about and experiencing harassment in running—including a tipping-point incident involving one of their own—a group of female leaders have come together to end gender-based violence in the trail and ultra running community. Runner's World
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May 10, 2021
This is How US Triathletes Qualify for the Tokyo Olympics
The final auto-selection event for the U.S. Olympic Triathlon Team is this week in Yokohama. Here’s what you need to know. Team USA
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May 10, 2021
TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science
TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire
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May 10, 2021
As Nike Sales Fall in China, Competitors Cash In
Sportswear competitors Anta and Li Ning are seeing record sales and both are reportedly in the running to buy Reebok from adidas. Front Office News
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May 10, 2021
Dorel Sports sees Q1 revenue increase by 43.6%
Dorel Sports has delivered its eighth consecutive quarter of revenue growth, with first-quarter revenue increasing to $270.3 million – an increase of $82.1 million or 43.6% from $188.2 million last year. bikebiz
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May 9, 2021
Brazilian Olympic Committee transports 20 tonnes of sports equipment and PPE to Tokyo
The Brazilian Olympic Committee has now sent the last of 20 containers of sports equipment and COVID-19 protection materials to Japan ahead of the Tokyo 2020 Games' scheduled opening on July 23. Transported were 68,000 disposable masks, 12,500 disposable shoe covers, 400 alcohol sprays and 250 aprons, among other products....
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May 7, 2021
Adidas Raises Outlook, Sales Jump 156% in China
Adidas released first-quarter earnings Friday, reporting net income of $605 million with revenue growing 27% for the first three months of the year.Footwear sales increased 31%; sales in China grew 156% and E-commerce sales rose another 43%, after a 35% uptick in the same quarter last year. Front Office Sports