News Topics
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February 26, 2024
Noah Lyles signs record-setting contract with Adidas
The world 100m and 200m champion, Noah Lyles, has signed a record-setting deal with Adidas that will run through the L.A. 2028 Olympics. The exact dollar figures have not been disclosed, but it has been dubbed the richest contract in track and field since the retirement of Usain Bolt. Running Magazine
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February 26, 2024
UCI hands out suspensions after Cynisca Cycling found guilty of participating ‘in a fraud’
The UCI has suspended members of Cynisca Cycling after the team disguised a mechanic as a rider in an effort to gain entry to last year's Argenta Classic. American team Cynisca were missing one of their five riders due to illness for the road race in Belgium. Mechanic Moira Barrett dressed as...
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February 25, 2024
Peloton May Partner With Other Marathons + Content For “Performance Athletes” + Marathon Training – Peloton Buddy
In the latest Peloton earnings call, CEO Barry McCarthy discussed plans to cater towards “performance athletes” with marathon-focused content and new partnerships. McCarthy shared the company’s plans to provide special content centered around performance athletes, specifically those training for marathons. A significant part of this strategy involves strategic partnerships with...
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February 24, 2024
Peter Sagan undergoes heart procedure after experiencing ‘tachycardic episode’
Peter Sagan underwent an ablation procedure at a hospital in Ancona, Italy, after his heart rate exceeded 200 bpm during a race near Valencia last weekend. Further tests were carried out on Sagan earlier this week which revealed he had experienced episodes of tachycardia during extreme exercise. An ablation, which is...
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February 23, 2024
Strava is adding dog step counts and fitness rankings to its app
Strava has partnered with Fi, a smart dog collar maker that uses GPS, GLONASS, and GALILEO simultaneously — similar to a Garmin watch — to track your dog's accurate real-time location, broadcasting it via LTE-M cellular. The collar's main purpose is to ensure you can find your dog at all times, but...
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February 23, 2024
Merrell Expects DD Decline in 2024; Return to Growth in H2
Merrell brand parent company Wolverine Worldwide (WWW) outlined progress and planning for some of its top brands when discussing fourth-quarter and full-year results, pointing to the outdoor footwear brand as a key contributor. Wolverine’s CEO Chris Hufnagel said the Merrell brand will have the opportunity to work more closely with...
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February 22, 2024
Fox Factory sales down 9% in 2023
Fox Factory revenues in its Speciality Sports Group, which includes its bike-related brands, were down 43% in the company’s 2023 fiscal year, a decline the company attributed to “channel inventory recalibration” and “lower end consumer demand.” The decline in the SSG revenue came despite the inclusion of $16.8 million in...
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February 22, 2024
Apple Secures Hydration Patent, Smart Ring Rumors Heat Up
As Apple continues to push into the health and wellness space, new intellectual property filings and reports speculate that the tech giant might be moving into the hydration-tracking and smart ring markets. Apple recently filed a patent for a “wearable device with perspiration measuring capabilities” for its Apple Watches. The solution would...
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February 21, 2024
This Is Your Endurance on Cannabis
As marijuana laws have been loosened in jurisdictions around the world, there’s been lots of discussion and debate about whether it’s a performance-enhancer. It is still a banned substance for athletes, but new research is chipping away at the idea that it makes you faster. Outside
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February 21, 2024
State Farm, Rad Power Bikes settle lawsuit over e-bike fire
The lawsuit in U.S. District Court for the Eastern District of Pennsylvania was dismissed with prejudice after it was filed Oct. 4, 2022, claiming damages were in excess of $250,000. The lawsuit alleged design, manufacturing, and component defects; use and/or handling instruction and/or warnings defects; and/or a failure to warn...
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February 20, 2024
Why Runners Should Drink Pickle Juice
A number of studies have confirmed that pickle brine might be more effective than sports drinks at treating muscle cramps. One study from the Department of Health, Nutrition, and Exercise Science at North Dakota State University found that athletes who drank the brine noticed the cramps were gone within 85...
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February 20, 2024
Giant Group Reports Moderating Sales Decline in January
The Giant Group reported monthly revenues for January 2024 declined 17.7 percent to NT$4.79 billion, representing the third straight month of moderating declines and the smallest decline since June 2023 when company revenues declined 13.5 percent. The Giant Group reports financials in New Taiwan Dollar (NT$). SGB Media
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February 18, 2024
Cranberries may boost running performance, Canadian study reveals
Beyond their reputation as a Thanksgiving side dish, cranberries are emerging as potential game-changers for athletes seeking a performance boost. A recent study out of Montreal’s Concordia University delved into the impact of cranberry extract on runners’ time-trial performance and lactate response after exercise, with exciting results. Here’s what you...
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February 18, 2024
Cougar attacks 5 cyclists in Washington, with one woman hospitalized
A cougar attacked a group of five cyclists on a trail in Washington on Saturday afternoon, sending a woman to the hospital, officials said. The bikers were on a trail northeast of Fall City, located about 25 miles east of Seattle, when they were attacked around 12:50 p.m. local time,...
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February 16, 2024
Ownership of IRONMAN is More Than the Legal Status
IRONMAN is a personal touchstone and for this reason there are no owners of it. There are only temporary custodians of a cultural institution who’ve been granted the privilege of husbanding the brand while they remain in charge. The new custodian has more than a responsibility. He has an opportunity....
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February 15, 2024
Beleaguered New York City Triathlon Cancels 2024 Event. Organizers Tell Us Why.
In a fairly surprising move, Supertri (formerly Super League Triathlon), the new owners of the New York City Triathlon as of 2023, announced this week that the 2024 edition would be canceled before registration even opened. One of the reasons is because the date falls on the fifth weekend in...
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February 15, 2024
Nike Is Laying Off 2% of Workforce as Company Works to ‘Right-Size’ Organization
After months of speculation, Nike confirmed late Thursday that it is laying off 2 percent of its workforce. The move comes after the athletic giant revealed in December that it was taking steps to “streamline” the organization and would look to save up to $2 billion in costs over the...
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February 14, 2024
Research: Tai chi may be better at reducing blood pressure than aerobic exercise
A new study finds that tai chi is better than conventional aerobic exercise at lowering blood pressure in middle-aged people with prehypertension. Tai chi is a traditional form of Chinese martial arts, and it's known to increase flexibility and improve balance. New research suggests it may be better than more...
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February 13, 2024
Shimano Inc. Confirms California Lawsuit Plaintiffs Seek Class Action Status
Shimano, Inc. confirmed the earlier reporting by the Nikkei Online Edition that a lawsuit was filed in the U.S. claiming damages related to bonded 11-speed Hollowtech II road cranksets sold in the U.S. The company said the lawsuit was filed in The U.S. District Court in California against its subsidiary, Shimano North...
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February 13, 2024
Shimano annual sales down 30% in bike division
Shimano announced full-year 2023 sales in its bicycle division of 364,679 million yen ($2.42 billion) on Tuesday, a 29.5% decrease from the year before. Operating income in the division was down 55%, to 65,251 million yen. Forth-quarter sales in the bike division totaled 75,236 million yen, compared to 132,782 million...
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February 13, 2024
Brooks Global Sales Were Up 5% to $1.2 Billion in 2023
https://footwearnews.com/business/earnings/brooks-2023-sales-billion-revenues-1203590268/
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February 12, 2024
Marathon World Record-Holder Kelvin Kiptum Dies in Car Crash
Marathon world record-holder Kelvin Kiptum, who was set to be a superstar of long-distance running and was a top contender for gold at the Olympics in Paris this year, was killed along with his coach in a car crash in Kenya. Their vehicle was the only one involved in the...
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February 12, 2024
After Years of Relying on Help From Salomon for Its Shoes, Arc’Teryx is Stepping Out on Its Own
Since introducing footwear in 2015, performance outdoor equipment company Arc’Teryx has relied on the insights and expertise of fellow Amer Sports brand Salomon. That is about to change. Starting with the spring 2024 season, Arc’teryx is now designing and creating its own footwear collection entirely in-house. FN
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February 9, 2024
Las Vegas to welcome the world’s largest indoor track
Las Vegas is about to get one of the most impressive indoor sports venues in the world. The Z Athlete Village, which is planned to span more than 390,000 square feet (3.6 hectares), will be the largest indoor track and field arena ever built, and will have track athletes and...
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February 9, 2024
Asics Reports Strong Net Sales, Profits in 2023, But Expects Slowdown in North America This Year
Asics said it reported record sales and profits for 2023, but expects to see a slowdown in North America in 2024. According to the Japan-based athletic brand, net sales in fiscal year 2023 increased 17.7 percent to 570.4 billion yen. Gross profit was up 23.3 percent to 296.9 yen. Net income...