News Topics
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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.
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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.
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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.
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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....
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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.
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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,...
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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...
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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....
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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.
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February 18, 2020
Why we run, according to Strava
Strava surveyed over 25,000 runners about why they run. The survey explored common themes and patterns in motivation across a mosaic of people spanning the globe and uncovered five types of runners based on the benefits that a person values and the extent that they run in social settings like groups or races. Read...
