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February 6, 2020
Skechers stock soars after Q4 sales beat forecasts, brand warns of coronavirus impact
Shares for Skechers USA Inc. surged in after-hours trading on Thursday after the shoemaker posted fourth-quarter sales that blew past expectations. In its financial report for the period ended Dec. 31, Skechers logged revenues that rose 23.1% to $1.33 billion, compared with analysts’ predictions of $1.25 billion. Earnings per share were in line...
February 6, 2020
Ford develops jacket that displays emojis to communicate with drivers
Ford has released details of a prototype jacket that can display a series of emojis via an integrated LED panel. By indicating the feelings and intentions of a cyclist, Ford claims the jacket could help to “ease tensions” between drivers and cyclists, potentially reducing accidents. See what the jacket looks like on...
February 5, 2020
Nike, Adidas say coronavirus will hurt business in China
Nike Inc. closed about half of its company-owned stores in China as a result of the coronavirus outbreak, which it expects to have a material impact on operations in the country. Rival brand Adidas AG followed suit Wednesday, saying it has closed a significant number of stores in China and franchisees are doing likewise. Read more...
February 5, 2020
Tokyo Olympics organizers look on anxiously as coronavirus menaces the Games
Japan's Olympic organizers knew that hosting the Games in July would mean hot weather for athletes and spectators. They were not expecting a major epidemic to force them to take everyone's temperature upon entering the venues. Read more on Washington Post.
February 5, 2020
Pioneer sells cycle sports business to Shimano
Cycling power meter specialist Pioneer has signed an agreement to transfer its cycle sports business to Shimano. Shimano plans to develop products, web services and applications using the Pioneer Cycle Sports assets and make Shimano services available to customers who currently use Pioneer’s Cyclo-Sphere web services, PC tool, and smartphone applications. Read more...
February 5, 2020
Peloton Raises Guidance After Cruising To Q2 Beat
In just its second quarterly earnings report since going public, Peloton Interactive Inc. notched impressive earnings and revenue beat as the company grew its number of connected fitness subscribers 96 percent to 712,005 and its total members to more than 2 million. Read what the earnings look like on SGBMedia.
February 4, 2020
Peloton and Flywheel Sports settle litigation cases
Indoor cycling business Peloton has settled its patent infringement case against Flywheel Sports, with Flywheel simultaneously dropping a separate counter proceeding at the U.S. Patent and Trademark office. Within the court documents, Flywheel made the admission that Peloton’s patents were indeed valid and enforceable. The patents relate to Peloton’s “at home”, “remote streaming” and...
February 3, 2020
Nike Vaporfly shoes won’t be banned from Olympics
After helping smash marathon records, Nike’s controversial sneaker can still be used by athletes in Tokyo Games. However, track and field’s world governing body on Friday moved to curb the future escalation of running-shoe technology pioneered by Nike’s Vaporflys. The new regulations issued by World Athletics would restrict the thickness of a...
February 3, 2020
Jeep teases fat e-bike in Super Bowl ad.
Jeep showed an upcoming e-bike model Sunday in a Super Bowl ad featuring Bill Murray. Seen briefly ridden by Murray, the fat-tired bike already has its own website. Read more about it on Bicycle Retailer.
January 30, 2020
Asics Ventures invests in smart shoe technology
Asics Corporation announced that its investment subsidiary Asics Ventures Corporation invested in a Japanese startup, No New Folk Studio Inc., the developer of sensing solution Orphe Track which measures and analyses foot movement. Asics, in conjunction with No New Folk Studio, developed a smart running shoe that gives runners real-time...
January 30, 2020
Hoka One One drives parent Deckers Brands to Q3 earnings, sales beat
For the period ended Dec. 31, the company posted Q3 earnings of $7.41 per share, surpassing consensus bets of $6.55 a share. Sales also jumped 7.4% to $938.74 million, compared with Wall Street estimates of $900.43 million. Hoka One One — which outshone sister labels Ugg, Teva and Sanuk — reported sales...
January 29, 2020
24,500 runners attend National Running Show Birmingham 2020
The National Running Show Birmingham in partnership with Children with Cancer UK took place on Saturday 25th and Sunday 26th January 2020. The organizing team reported that the UK show attracted ‘more than 24,500 runners. Read Endurance Business to find out more about the speakers, new trail running section and sustainability...
January 27, 2020
Hong Kong Marathon cancelled because of coronavirus
Hong Kong leader Carrie Lam Cheng Yuet-ngor has declared the highest level of emergency in response to the outbreak, raising it from the previous state of "serious", leading to the race on February 9 being abandoned. The event had already attracted a full quota of 74,000 participants who were due to...
January 23, 2020
UCI steps up anti-doping enforcement in women’s peloton
The UCI is stepping up its anti-doping efforts in the women’s peloton by carrying out testing at all Women’s WorldTour events and during training camps. Cycling’s international governing body is also increasing the number of riders who must register their whereabouts for testing and upping the amount of money it takes...
January 23, 2020
It will cost you $30,000 to ride with Lance Armstrong for a week
Lance Armstrong and George Hincapie will host a cycling holiday this year, in which 12 guests will pay $30,000 for five days of riding on the Spanish island of Mallorca. The trip is named 'The Move Mallorca 2020', borrowing the name of Armstrong's cycling podcast, and is listed on the website...
January 23, 2020
Runner who accused Canepa of cheating at Tor found guilty of defamation
Paolo Rossi, the 2014 Tor des Géants participant who accused 2012 and 2013 champion Francesca Canepa of accepting a ride in the middle of the race, has been found guilty of defaming her in an Italian court, and must pay her €15,000 in compensation as well as a €2,500 fine. Read what transpired...
January 22, 2020
John Hancock announces 2020 Boston Marathon elite team
The 2020 Boston Marathon elite field has won more than 230 international marathons and includes 16 Boston Marathon champions, Olympic and Paralympic medalists, World Record holders, World Champions and Abbott World Marathon Majors Series champions. Check out their site to see who made the cut.
January 21, 2020
More Than Half of Polyester in Adidas’ Sneakers Will Be Recycled This Year
Adidas has achieved a major milestone on the sustainability front. The sportswear giant has announced that more than half of the polyester used in its products this year will come from recycled plastic waste. It also shared plans to use only recycled polyester starting in 2024. Further, the Three Stripes expects to produce...
January 20, 2020
Can Running’s Most Controversial Website Really Change?
For anyone seeking a comprehensive overview of the global distance running scene, it’s hard to think of a better resource than LetsRun.com. But just as LetsRun has established itself as a reliable go-to for the track and field-obsessed, the site’s message boards can read like the online id of high-mileage frat bros. As a...
January 20, 2020
USA Cycling has its eye on gravel
Last week, officials from the national governing body met with representatives from some of gravel cycling’s biggest events in Bentonville, Arkansas. The goal of the meeting was to create an official dialogue between USAC and the racing scene that has, thus far, grown up outside of the national governing body’s umbrella of influence....
January 16, 2020
How Fitbits can help predict flu outbreaks
A study in the United States has found that heart rate and sleep data from wearable fitness tracker watches can predict and alert public health officials to real-time outbreaks of flu more accurately than current surveillance methods. The study used data from more than 47,000 Fitbit users in five U.S. states....
January 16, 2020
The best running technology from CES 2020
Didn't get to the Consumer Electronics Show last week? Check out Runner's World. Check out the best running technology according to Runner's World.
January 16, 2020
Spartan co-founder Will Dean concedes to bankruptcy process
Will Dean filed a Notice of Consent To Order For Relief And Appointment of a Chapter 11 Trustee. The motion states that he “…will cooperate with the trustee to preserve value for the creditors” and that the Board “consents to a sale of the business to Spartan Race Holdings. Inc.,...
January 15, 2020
Nike shoes that have revolutionized marathon times unlikely to be banned
The World Athletics working group investigating the Nike shoes which have revolutionized marathon times is still deliberating over what limits to place on the carbon plate and foam technology and is unlikely to implement a wholesale ban according to The Guardian. As things stand, the group’s emphasis appears more on putting limits to...
January 13, 2020
Spartan Pushes Tough Mudder Toward Chapter 11
The saga continues with Tough Mudder, its co-founder, the companies it owes money to, and Spartan, who wants to acquire them. Spartan has filed a statement in support of an emergency motion of petitioning creditors to appoint a Chapter 11 trustee. Read more on MudRunGuide.
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