News Topics
-
August 13, 2024
Federer’s On Brand Continues Surge, Challenging Sportswear Giants
On, the upstart sportswear company backed by Roger Federer, posted another strong quarter of sales, further solidifying its place as a threat to legacy brands. The Swiss brand founded in 2010 announced Q2 sales of $657 million on Tuesday, a 27.8% increase over last year, and saw a slight gross profit margin uptick to...
-
August 12, 2024
Hapana Raises $17 Million to Fuel Growth Across Fitness Markets
Hapana, a software-as-a-service (SaaS) platform used by fitness brands worldwide, has raised $17 million in a funding round led by Australian venture capital firms OIF Ventures and Bailador. The funding will support Hapana’s plans to expand its presence in the Asia-Pacific (APAC) region and the United States, as well as...
-
August 12, 2024
Giant Group revenue down 13% in half
Giant Group announced that its first-half revenues were NT$37.23 billion ($1.147 billion), a 12.6% decline from the same period last year. The company said that due to profit growth in China, its gross margin rate fore the period was 21.3% and net profit after tax was NT$1.67 billion, a decrease...
-
August 10, 2024
First Look: Action Bronson and New Balance Are Making Performance Running Sneakers Together
Action Bronson and New Balance have already had a big year together; the duo have released three different collaborative styles of the 1906R sneaker, and the rapper in June began teasing another upcoming drop. Now, we’re getting another look at the soon-to-be-released Action Bronson x New Balance Minimus Trail collab along with a first look at a performance running sneaker. Previewed Friday...
-
August 9, 2024
Questions Swirl After Athlete Drowns During CrossFit Games in Texas
Tragedy struck the CrossFit Games at Marine Creek Lake in Fort Worth on Thursday morning when 28-year-old Serbian athlete Lazar Đukić drowned during a competition. Dukic was participating in a run-swim event that included a 3.5-mile run followed by an 800m swim. But he went missing near the finish line around...
-
August 8, 2024
U.S. Track and Field Stars Reap Rewards (and Cash) in Paris
Team USA has been cashing in at the first Olympics with a new financial incentive for track and field athletes—and they may not be done yet. In Paris, governing body World Athletics is handing out a total of $2.4 million to winners of the 48 track and field events. That’s $50,000 per...
-
August 8, 2024
Top Marathon Racing Shoes of the Olympics
Today, no elite runner would toe the line without their super shoes, which are readily available to amateur runners, too—at a price. With the men’s and women’s 2024 Paris Olympic marathons slated for August 10 and 11, respectively, Outside Online tracked down the shoes that top athletes are expected to...
-
August 8, 2024
How Much Caffeine is Too Much Caffeine? Here’s What a Sports Nutrition Expert Says.
There’s no denying caffeine can take the edge off when things get dicey in a race. Many endurance athletes turn to the world’s most popular drug for a performance boost, and with a long list of caffeinated gels, beverages, and chews to choose from, a turbocharged buzz is only a swallow away....
-
August 8, 2024
The Process of Anti-Doping Protocols
Tomas Rodriguez Hernandez’s ongoing doping saga has ignited discussion amongst athletes — from age-groupers to professionals alike — about penalties, prior bad acts by athletes, and the merits of Rodriguez Hernandez’s public statement, where he blamed his positive test for clomifene on food contamination. Rodriguez Hernandez has opted for a...
-
August 7, 2024
EXEC: Saucony and Merrell Gaining Traction, But Remain Down Sharply in Q2
Wolverine Worldwide became one of the few companies in the outdoor space to hike its full-year guidance in recent months after seeing second-quarter results come in better than expected due to the margin benefits from its transformation plan and traction gained by its Saucony and Merrell brands. In the quarter...
