No products in the cart.
News Topics
April 6, 2020
Getting the most out of your virtual race
With opportunities to come together restricted, runners are turning to virtual races and learning how to strive and compete alone. Check out new approaches both in the lead up to the race and in the race itself to get the most out of a virtual event in Podium Runner.
April 6, 2020
ASICS releases spikeless spikes
The idea behind the shoe is to reduce contact time with the ground, because the more time spent on the ground, the more power lost. ASICS says that losing the spikes does two things: it promotes power and makes them one of the lightest sprinting shoes on the market. Read...
April 6, 2020
Emerald Holdings event cancellations totaled $116M in revenue last year
Emerald Holding Inc. said the 23 events it has canceled to date—including Outdoor Retailer Summer Market, which was scrapped last week—accounted for approximately $116 million of 2019 revenue. Emerald ended the first quarter of 2020 with $50 million in cash and total liquidity of $150 million, including $100 million in borrowing...
April 6, 2020
What bike shops are open during the COVID-19 response?
Portland Design Works and Chris King Precision Components have collaborated to publish an interactive map showing the hours and current status for more than a thousand retailers in the U.S. during the COVID-19 pandemic. Read more on Bicycle Retailer.
April 6, 2020
Peloton halts live classes as employee tests positive for COVID-19
Peloton Interactive Inc said on Monday it would pause live production of its exercise videos at its New York and London studios through April 30 after an employee at its New York City-based production studio has tested positive for COVID-19. However, it would continue to add new, pre-recorded content on its...
April 2, 2020
Out of Business: Trust Performance goes under during pandemic shutdowns
A perfect storm of collapsing financial markets and manufacturing delays just put this bicycle fork manufacturer out of business. Read more on GearJunkie.
April 2, 2020
Penske Media to launch sports business publication Sportico
Penske Media Corp. announced it will launch Sportico, a digital content platform focusing on sports industry news, data, information, strategy, leadership and live media. Sportico joins the PMC portfolio, which also includes titles such as Footwear News, WWD, Variety and Rolling Stone. Read more on Footwear News.
April 2, 2020
Outdoor Retailer Summer Market cancelled
The nation's largest outdoor trade show, previously scheduled for June 23-25 in Denver, has been called off. Read more on SNEWS.
April 1, 2020
Boston Marathon offering refunds for first time
Race organizers say anyone who was entered in the 124th edition of the race this month can still run on the rescheduled date, Sept. 14. But if they can’t make it, they can have their money back. More than 30,000 runners had signed up for the world’s most prestigious 26.2-mile run...
April 1, 2020
Retail landlords inundated with requests for rent relief
The Lamy Group, an international financial management consulting firm specializing in retail and commercial real estate, has evaluated rent relief for retail landlords for decades, but this is the largest number of tenant requests Lamy has seen coming in such a short period, even including the 2008 economic downturn. Read more...
April 1, 2020
Adidas revokes decision to withhold rent payments in Germany
Adidas apologized Wednesday for saying it would defer paying rent for stores in Germany that were forced to close by coronavirus lockdowns after facing wide criticism on social media. Adidas had been seeking to take advantage of Germany’s new eviction freeze law. Read more on SGB Media.
April 1, 2020
Pro teams ask UCI for financial flexibility amid coronavirus shutdown
Professional teams across the peloton are battening down the hatches to try to weather the coronavirus shutdown, and they’re asking the UCI for help. Read more on VeloNews.
April 1, 2020
The UCI suspends cycling events through June 1
The UCI decided that this extension would apply to all cycling disciplines and all categories of riders. The governing body will continue to work on a framework for the international racing calendar, based on its exchanges with the stakeholders, and plans to give priority to the three grands tours, and the...
March 31, 2020
A race director answers participant questions about COVID-19 cancellations
With race after race getting cancelled due to the Coronavirus pandemic, triathletes and runners are left with a lot of questions. A top race director provides some answers. Read more on Triathlete.
March 31, 2020
September could be a blockbuster month for racing
Track meets and road races rescheduled from spring will join events already slated for September to create an overloaded race calendar for runners and fans. Read more on Podium Runner.
March 30, 2020
New Balance will make protective face mask prototypes in its Massachusetts factory amid the coronavirus crisis
New Balance has created some of its most coveted sneakers in its Lawrence, Mass., manufacturing facility. Now, the company is preparing to produce face masks. See their prototype on Footwear News.
March 30, 2020
U.S. Olympic orgs to lose more than $120M in revenue, data shows
The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis. At least one has already started layoffs, and others are desperate to stay solvent. Some are expecting a major downturn in membership dues, and others are reeling...
March 30, 2020
New dates for Tokyo Olympics clash with 2021 Tour de France
Earlier this month the International Olympic Committee (IOC) confirmed that the 2020 Olympics would be postponed by a year because of the coronavirus outbreak, with Japan now set to host from July 23 to August 8, 2021. With the 2021 Tour de France scheduled to run from July 2-25, it’s going...
March 27, 2020
Citizens are reporting runners who ‘double run’ in the UK
With isolation on the rise and lockdown in effect, British runners have been taking to the streets twice a day to run. However, right now, doubling is technically in violation of the government lockdown rules, which only allow leaving the home for exercise once a day. According to the BBC, neighborhood watch...
March 27, 2020
USA Cycling expecting 30 percent revenue shortfall in 2020
Governing body to reduce staff by 15 percent and furlough a further 25 percent as revenues expected to plummet. Read more on VeloNews.
March 26, 2020
How running led the charge to postpone the Olympics
You know things are bad when the athletes and USATF are on the same page. Read more on Outside.
March 26, 2020
Small Business Relief Tracker: Funding, grants and resources for business owners grappling with coronavirus
In an effort to help business owners find financial relief, we’ve rounded up all of the government agencies, private companies and nonprofit organizations that are extending support. Read more on Forbes.
March 26, 2020
Lululemon’s Q4 earnings top estimates on online sales surge
Lululemon Athletica Inc. reported net earnings rose 36.4 percent and slightly exceeded Wall Street’s targets. Same-store sales soared 20 percent, lifted by a 41 percent hike in online sales. Net revenue was $1.4 billion, an increase of 20 percent compared to the fourth quarter of fiscal 2018. Wall Street’s consensus estimate...
March 25, 2020
On a lighter note: Mum sets up epic obstacle course for her kids in quarantine.
One mum has come up with a genius idea, sharing on her Facebook page just exactly how she plans to keep her toddler busy, with an elaborate obstacle course. Read more on Kidspot.
March 25, 2020
Tokyo 2020 sponsors will retain rights in 2021, says Bach
A number of the IOC’s TOP sponsorship contracts are set to expire at the end of 2020, including those with General Electric, Procter & Gamble and Dow, and their status had been thrown into doubt by the decision to delay the Games amid the ongoing coronavirus pandemic. However, Thomas Bach, president...
Follow us on
