News Topics
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July 14, 2021
34% of professional riders receive no salary, says Cyclists’ Alliance 2021 Rider Survey
Every year The Cyclists' Alliance carries out a rider survey to provide hard data on the current ‘status quo’ of professional women's cycling. With regards to salaries, the survey found that 86% of riders surveyed this year think that salaries for women’s professional cycling are too low for the level...
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July 13, 2021
ACSM / Anthem American Fitness Index to Reveal 2021 Fittest Cities
The American College of Sports Medicine and the Anthem Foundation published its annual American Fitness Index ranking the nation’s 100 most populous cities by 34 variables of personal health behaviors, outcomes and community indicators such as air quality and walkability. Find out how your city rated here.
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July 13, 2021
Marathons Are Back: Why Races Are Key for Brands Looking to Extend the COVID-19 Running Boom
With COVID-19 forcing people to find ways outside of the gym to stay fit, leading running brands have forged bonds with new runners and strengthened relationships with the experienced. As the world opens back up, the key to securing them all for the long haul might be in races. Footwear...
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July 13, 2021
What will happen to athletes who test positive for COVID-19 at the Olympics?
The International Olympic Committee (IOC), along with the respective International Federations, has developed the Tokyo 2020 Sport-Specific Regulations (SSR) to determine how any confirmed COVID-19 cases will be handled at the Games. Can you guess what they will do? Canadian Running Mag
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July 13, 2021
As Virus Cases Speed Up, Seoul Tells Gym Users to Slow Down
Treadmills can go no faster than a brisk walk, and songs must fall below 120 beats per minute, under new regulations that confused some exercisers in South Korea. “It seems weird to me,” one said. NYT
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July 13, 2021
F45 Training Reveals More About IPO In Revised Filing
In a revised S-1 form filed with the Securities and Exchange Commission for its initial public offering (IPO), F45 Training, Austin, Texas, revealed that it expects to sell 20.3 million shares to the public at $15 to $17 per share. If all goes as planned, the company could be valued at $1.45...
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July 12, 2021
ASICS Launches NFT ‘Digital Footwear’ at Auction This Week
Another wave of the future — digital footwear — is here. ASICS’ new footwear collection isn’t actually footwear at all … it’s a massive 189-piece collection of nine ASICS digital footwear products. And all the products will be up for grabs via NFT. GearJunkie
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July 12, 2021
Athletes more likely than non-athletes to have irregular heartbeats
Researchers analyzed 13 studies between 1990 and December 2020 which examined the health of athletes who took part in sports including cycling, running, swimming, Nordic skiing, orienteering, rowing, football, rugby and netball. The studies included data on 70,478 participants. Researchers found the risk of atrial fibrillation was 2.46 times higher among...
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July 12, 2021
Shimano to invest nearly $300M in Singapore and Japan factories
An Asian news source is reporting that Shimano plans to invest $179 million to build a new plant in Singapore that will open next year. According to the report Shimano also decided to invest another $118 million in its factories in Osaka and Yamaguchi, Japan, to expand production capacity. BRAIN
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July 8, 2021
Michael Avenatti sentenced to 2.5 years in prison for attempting to extort Nike
A federal judge on Thursday sentenced celebrity lawyer turned criminal defendant Michael Avenatti to 30 months in prison for attempting to extort millions of dollars from Nike. Avenatti, who rose to fame as Stormy Daniels' lawyer, was convicted in February 2020 of three counts for threatening to publicly accuse the sportswear company...
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July 8, 2021
Adidas auction of Reebok takes a hit as key bidder Authentic Brands drops out
A key bidder has dropped out of the auction for Reebok, making it more likely that German-based Adidas will take an even bigger hit on its disastrous, 15-year stint as the owner of the struggling sneaker brand, The Post has learned.
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July 8, 2021
Asobi Ventures acquires majority stake in Cinelli and Columbus brands
Asobi Ventures has acquired a majority share in Gruppo Srl, the parent company of Italian bicycle manufacturer Cinelli and tube manufacturer Columbus. In partnership with Austin, TX-based Asobi Ventures, Cinelli and Columbus plan to expand their footprint with bike dealers globally while building on the foundations it has established in...
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July 8, 2021
Olympics host city Tokyo bans spectators amid COVID-19 emergency
The Olympics will take place without spectators in host city Tokyo, organisers said on Thursday, as a resurgent coronavirus forced Japan to declare a state of emergency in the capital that will run throughout the Games. Organizers were still uncertain how much revenue would be lost due to the absence of spectators,...
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July 7, 2021
X2 Performance, a manufacturer of sports drinks and supplements, raised $16 million
Giants running back Saquon Barkley has joined Bucs linebacker Lavonte David and the NBA’s Kawhi Leonard as an investor in X2 Performance, the makers of non-carbonated energy drinks. Barkley’s investment comes as part of a $16 million Series D raise, led by previous investor L Catterton. The company started in...
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July 7, 2021
Japan to Declare State of Emergency 16 Days Ahead of Tokyo Olympics
Officials from the Japanese government, the International Olympic Committee, and Tokyo organizers will meet Thursday or Friday to discuss how to proceed with spectators at the Games. Women's Running
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July 7, 2021
SoulCycle Thrives As People Return ‘In Droves’
Equinox’s SoulCycle is reaping the benefits of renewed interest in in-person fitness experiences. In May, the company said New York’s new membership sales had increased 55%. By then, all fitness centers nationwide had reached 83% of their January 2020 traffic levels. Front Office News
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July 7, 2021
Fitbits Detect Lasting Changes After Covid-19
Some people recovering from a coronavirus infection had an elevated heart rate for months, according to a new study. NYT
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July 6, 2021
Tokyo 2020 ask fans to stay away from marathons and race walking in Sapporo
Organizers claimed that the move was necessary in order to reduce the risk of COVID-19 infections. Sapporo is the capital of Japan's northernmost island Hokkaido, which remains under state of emergency measures because of coronavirus. Inside the Games
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July 6, 2021
Boilermaker Road Race to require vaccination proof
The 15K presented by Excellus BlueCross BlueShield will have a capacity of 12,000 and the Utica National 5K will have a capacity of 4,000. All registered runners must be vaccinated by September 22nd, 2021 in order to participate. Road Race Management
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July 5, 2021
Soul Cap: Afro swimming cap Olympic rejection could be reconsidered after backlash
Soul Cap, which makes caps to fit over and protect dreadlocks, afros, weaves, braids, and thick and curly hair, said FINA, the water sports world governing body, had told them the hats aren't suitable because they don't follow "the natural form of the head". The comments sparked criticism from many...
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July 5, 2021
What’s Next for Peloton After a Rocky, Record-Setting Year
Peloton has beaten earnings estimates every quarter of 2021 so far. However, product issues and a crowded market pose new threats. Front Office Sports
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July 2, 2021
Is marijuana a performance-enhancing drug? The best evidence says no
Weed isn't going to help you win the Olympic Gold. One of America’s top sprinters, Sha’Carri Richardson, won the women’s 100-meter event at the U.S. track and field trials in June. She was set to make her Olympic debut in Tokyo this month, but tested positive for marijuana following her...
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July 1, 2021
Ridepanda receives $3.75 million in financing from four investors
E-commerce company Ridepanda announced it received a combined $3.75 million in financing from investors to help meet demand for its electric vehicles, which include e-bikes. In addition to e-bikes, Ridepanda offers e-mopeds and e-scooters with financing, extended warranties, and customer services, including assembly at home or at a nearby shop. BRAIN
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July 1, 2021
Rwandan marathon runner thrown off Tokyo 2020 team for breaking COVID-19 rules
Rwandan marathon runner Félicien Muhitira has been thrown off the country's team for the delayed Olympic Games in Tokyo after breaching COVID-19 rules at a training camp. The Rwanda National Olympic and Sports Committee (RNOSC) said Muhitira had left the camp in at a hotel in Nyamata without the permission...
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July 1, 2021
Tour de France drops lawsuit after crash, probe still ongoing
The Tour de France has withdrawn a lawsuit against a spectator who caused a massive pile-up during the first stage of the race in northwest French region of Brittany but French police continue to investigate the incident. Local prosecutor Camille Miansoni told a news conference on Thursday that the probe was...
