News Topics
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June 11, 2020
Lululemon earnings miss despite online surge but CEO upbeat on new normal
Lululemon earnings tumbled to 22 cents a share with revenue down 17% to $652 million. E-commerce revenue jumped 68% to $352 million. Digital sales accounted for 54% of total revenue. Read more on IBD.
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June 11, 2020
A single session of exercise alters 9,815 molecules in our blood
The extensive molecular changes that occur during and after working out underscore how consequential activity is for our bodies and health. Read more in New York Times.
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June 11, 2020
Under Armour makes a mask for athletes to use when working out
Designed with three layers, the UA Sportsmask, which is a reusable and water-resistant performance face mask, was made with breathability in mind. The mask was also designed to reduce the spread of respiratory droplets by the wearer. Read more on Footwear News.
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June 10, 2020
Trek, Specialized move to boost diversity
Two of cycling’s biggest brands — Trek and Specialized — vow to promote diversity in the cycling community. Read more on VeloNews about how they are contributing and what Trek has to say about its police bike program.
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June 10, 2020
Emerald Holding, Inc. to receive $400 million convertible preferred stock infusion led by Onex
Onex Corporation announced an agreement with Emerald Holding, Inc. a leading operator of business-to-business trade shows in the U.S., on a $400 million convertible participating preferred equity investment led by Onex Partners V, Onex' $7.2 billion fund. Onex Partners has been a significant shareholder of the Company since 2013. Emerald...
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June 10, 2020
CrossFit CEO steps down after release of controversial Zoom call
Greg Glassman stepped down as CEO of CrossFit shortly after a report said the founder of the fitness company made several controversial statements during a private Zoom call with gym owners. Glassman's statements on Zoom were reportedly made just hours before he sent a tweet that appeared to make light of...
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June 9, 2020
High-carb diet outperforms low-carb in endurance study
Australian researchers confirmed results of a previous trial finding that endurance athletes seem to train and race best on high-carb diets. Read more on PodiumRunner.
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June 9, 2020
Outdoor Retailer announces June virtual event
A virtual, three-day business, networking and educational event, it will include live programming that will run from July 21-23, 2020, and online tools will be available to registered exhibitors and attendees throughout the summer, said Emerald Expositions. Read more on Inside Outdoor.
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June 9, 2020
24 Hour Fitness starts to reopen, but S&P downgrades debt rating and potential bankruptcy looms
Gym giant 24 Hour Fitness Worldwide has nearly four million members for its 440 clubs in 14 states, but the coronavirus has been a crippling blow for the chain since it announced the closing of all of its clubs on March 16. Franchises recently reopened in Dallas and Houston, and...
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June 8, 2020
Why we can’t (or won’t) let Lance Armstrong go
The recent ESPN 30 for 30 documentary highlights why we're still fascinated by Lance Armstrong. Read more on Triathlon Magazine.
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