News Topics
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June 29, 2021
Gympass Emerges Stronger Out Of The Pandemic, Doubles Valuation To $2.2B
The company announced Tuesday that it has closed on a $220 million round, at more than double its last valuation of $1 billion in June 2019. The corporate wellness platform is now valued at $2.2 billion with SoftBank, General Atlantic, Moore Strategic Ventures, Kaszek and Valor Capital Group investing in this funding round. TechCrunch
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June 28, 2021
Amazon’s Growing Fitness Ambitions
Amazon is looking for a Head of Fitness Programming to join its Halo team — the group leading the company’s new wave of fitness services. Halo, a fitness band and subscription service, made its debut last August. The device helps users assess their overall health and movement; the subscription offers hundreds of exercise, sleep,...
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June 28, 2021
Fitness companies back in business with IPOs
The last week has seen a number of companies in the fitness industry making comebacks with public offerings or announcing intent to do so: Pure Barre parent Xponential Fitness seeks IPO likely valuing firm at some $1.3B Seeking Alpha Beachbody went public via a three-way business combination with Peloton competitor...
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June 27, 2021
Tokyo 2020 eye tighter rules on arrivals after Ugandan COVID-19 positives
A nine-member group from Uganda arrived on June 18, with a team coach testing positive on arrival at Narita International Airport, despite reportedly being fully vaccinated with the AstraZeneca vaccine and testing negative before he landed. The individual was later found to have tested positive for the Delta variant of COVID-19,...
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June 26, 2021
Tour de France organisers aim to sue spectator who caused mass stage 1 crash
The Tour de France spectator who caused a massive crash on stage 1 could be facing legal action from the race organisers. Race deputy director Pierre-Yves Thouault said they are suing this woman so that the tiny minority of people who do this don't spoil the show for everyone. Cycling...
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June 26, 2021
Emily Sisson, after missing marathon team, 483 days later wins Olympic Trials 10,000m
Emily Sisson won the U.S. Olympic Track and Field Trials 10,000m on Saturday, 483 days after starting the marathon trials as favorite and dropping out by mile 22. NBC Sports
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June 26, 2021
Police looking for spectator who sparked chaotic Tour de France crash
French police are looking for a spectator who sent dozens of elite cyclists crashing in a massive pileup on the first day of the Tour de France during the weekend. On Saturday, German cyclist Tony Martin was sent tumbling at high speed when he rode straight into a cardboard sign being held...
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June 24, 2021
A Fit for Every Body: REI Co-op Announces Expanded Apparel Sizing
The retailer will soon offer up to women’s size 20 in a core group of activities. Yoga, hiking, snow sports, running, fitness, swimming, and cycling are at the top of the list. Not only will it offer gear in a wider range of sizes, but it will also commit to...
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June 24, 2021
Teenaged phenom Hobbs Kessler turns pro, signs with Adidas
Only 18, the American U20 1,500m record holder will still attend Northern Arizona University, but he won't compete as a collegiate athlete. Canadian Running American record holder Hobbs Kessler has announced that he is turning pro and signing with Adidas. The 18-year-old from Ann Arbor, Mich., has had an incredible season,...
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June 24, 2021
NIKE Reports Huge Revenue Gains in Latest Financial Results
Fourth quarter reported revenues were $12.3 billion, up 96 percent compared to prior year and increasing 21 percent compared to the fourth quarter of 2019. Full year reported revenues increased 19 percent to $44.5 billion. Businesswire
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June 23, 2021
For fun: An Olympic Runner and Pro Cyclist Squared Off in a Fitness Challenge
A new video on The Running Channel amps up the rivalry between runners and cyclists as it sets out to determine once and for all who are the most formidable athletes. In the video, middle-distance runner Andy Baddeley, who represented Britain at the Beijing Olympics in 2008, challenge road racing...
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June 23, 2021
Bird launches new e-bike and Smart Bikeshare platform to meet demand for eco-friendly transportation
Bird has announced the addition of shared e-bikes to its fleet of micro-electric vehicles, as well as the launch of the Bird Bike. Bird currently operates e-scooters in more than 250 cities globally and will bring its shared bikes and Smart Bikeshare platform to select cities this year. BikeBiz
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June 23, 2021
UCI suspends Doltcini-Van Eyck manager Marc Bracke for three years in harassment case
Doltcini-Van Eyck general manager Marc Bracke has been handed a three-year suspension for violating the UCI’s code of ethics following an investigation into allegations of sexual harassment. VeloNews
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June 23, 2021
As Number of Gym Goers Rise, At-Home Fitness Wanes
ym chains like Planet Fitness, 24 Hour Fitness, and Orange Theory are seeing a long-awaited revival — partly at the expense of Peloton and other at-home brands. Front Office News
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June 22, 2021
NBC Sports will still broadcast the Tour de France this year. Here’s the full TV schedule
Here's how to watch the Tour de France broadcast in the United States and Canada. VeloNews
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June 22, 2021
Peloton reportedly venturing into wearables market with digital heart rate armband
Still-confidential details and images of the armband device, which were reviewed by Bloomberg, show that the band would come in two different sizes and pair wirelessly with Peloton’s cycles and treadmills, in addition to phones, tablets and televisions that use the company’s workout app. CNBC
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June 22, 2021
Transgender Athlete Chelsea Wolfe Says Goal Is To ‘Burn a US Flag’ at Olympic Podium
Chelsea Wolfe, a transgender BMX Freestyle rider, said in a since-deleted Facebook post that her goal was to "burn a US flag" at the Olympic podium, Fox News reported on Monday. Newsweek
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June 22, 2021
Peloton Using Corporate Wellness Plan to Gain New Users
The fitness company announced that it is rolling out a new corporate wellness program for businesses which will provide “employees access to innovative mental and physical resources,” including the Peloton app and discounts on Peloton hardware. Samsung and Wayfair are among the first companies to sign up for the program, gaining...
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June 22, 2021
Peloton threatens to brick customers’ $4,295 treadmills unless they pay up
The maker of the $4,295 Tread+ treadmill alerted customers that, going forward, they'll need to start forking over $39.99 per month if they want to keep using the exercise equipment they already own. Mashable
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June 21, 2021
Tokyo 2020 confirm up to 10,000 domestic fans to be allowed to attend events
Up to 10,000 domestic fans will be able to attend events at the delayed Olympic Games in Tokyo after organisers confirmed spectator caps for the event amid COVID-19 concerns. International spectators have already been barred from attending the Games, set to open on July 23. Inside the Games
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June 20, 2021
1,400 runners show up for Anchorage Mayor’s Marathon, along with a black bear that refused to share the trail
Runners were stopped twice and for up to for 30 minutes because a bear would not move. Eventually the course had to be rerouted. Anchorage Daily News
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June 19, 2021
Driver Rams Cyclists In Arizona Race, Critically Injuring 6
A driver in a pickup truck plowed into bicyclists during a community road race in Arizona on Saturday, critically injuring several riders before police chased the driver and shot him outside a nearby hardware store. npr
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June 18, 2021
Aging process is unstoppable, finds unprecedented study
An unprecedented study has now confirmed that we probably cannot slow the rate at which we get older because of biological constraints. The statistics confirmed, individuals live longer as health and living conditions improve which leads to increasing longevity across an entire population. Nevertheless, a steep rise in death rates,...
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June 17, 2021
Transgender athlete named as alternate to U.S. Olympic women’s BMX team
No openly male-to-female transgender athlete has ever competed on the women’s side in the Olympics, but Chelsea Wolfe is coming close. Wolfe was named last week as a reserve for the U.S. women’s BMX Freestyle Olympic team by USA Cycling, acting as an alternate for the two female freestylers selected...
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June 17, 2021
Tour de France to hold women’s cycling race in July 2022
A women's version of the Tour de France will be held in 2022 with a start on Paris' iconic Champs-Elysees boulevard after the conclusion of the men's race, organizers announced Thursday. The "Tour de France Femmes" aims to become a permanent fixture on the women's world tour cycling calendar after...
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