News Topics
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February 8, 2024
Under Armour North America Sales Fall 12 Percent in Fiscal Q3
Under Armour, Inc. saw fiscal third quarter net sales slide 6.0 percent, or 7 percent in currency-neutral (CN) terms, to $1.49 billion in the period ended December 31. Gross margin increased 100 basis points to 45.2 percent of sales, said to be driven primarily by supply chain benefits related to...
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February 7, 2024
SRAM AXS Battery Solar Charging Could be Coming to your Fender & Bottle Cage
A recent patent from SRAM, published February 6th 2024, details a new method for charging of AXS batteries. A solar array, integrated with front and rear fenders, as well as a bottle cage, could be used to charge a spare AXS battery while on the move, and just need to...
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February 7, 2024
How Fitbit Wants AI to Help You Reach Your Fitness Goals
Fitbit Labs, an upcoming program, will use AI to provide deeper health insights, such as answering questions about why your run may have been harder today than it was yesterday. Fitbit thinks there's big potential for AI to help people set more realistic health aspirations. cnet
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February 7, 2024
The Rise of Indie Running Brands
Indie brands are typically independently owned, small to mid-size running companies with aesthetically distinctive (and sometimes disruptive) product offerings and a very social media savvy, direct-to-consumer business model. Why are indie brands thriving, and what does it say about the future of the running industry? Trail Running
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February 7, 2024
100 Highest-Paid Athletes in the World
Sportico recently released its list of the world’s 100 Highest-Paid Athletes in 2023, with Cristiano Ronaldo leading the way with $275 million in earnings. Two other footballers joined him in the top five, Lionel Messi ($130 million) and Kylian Mbappé ($125 million), as well as Spanish golfer John Rahm ($203...
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February 6, 2024
Train Fitness: Powering Your Workout With AI
Train Fitness is capitalizing on the importance of physical health. The company is addressing the $21.8 billion global virtual fitness market through AI-powered wearable fitness trackers. Using AI to analyze motion data from Apple Watches, Train Fitness can identify, track, and derive expert-level analysis of a user’s workouts, offering real-time coaching to...
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February 6, 2024
Kenyan runner gets four-year ban for sending doppelgänger to take drug test
The former indoor 600m world record holder, Michael Saruni of Kenya, was handed a four-year ban on Feb. 1, by the Anti-Doping Association of Kenya (ADAK) for sending a friend to impersonate him during a drug test at the 2022 Kenyan Trials for the 2022 World Championships. According to the ADAK...
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February 5, 2024
Cyclist sues Shimano and Trek for $2 million after brake lever “impaled” foot-long wound in thigh
A cyclist in the United States is suing Trek and Shimano for $2 million in damages after he was left with a foot-long gash and "permanent numbness" in his thigh after he was allegedly "impaled" by a brake lever as he lost balance trying to avoid a crash. Timothy Lynch brought...
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February 5, 2024
New Balance kicks off resale program
An athletic footwear giant is the latest entrant into the booming resale market. New Balance is launching its new resale program, “Reconsidered,” on Monday, Feb. 5, 2024. Through a dedicated section of the New Balance website, customers can view and shop for pre-owned shoes, including consumer returns and cosmetically imperfect...
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February 3, 2024
Will the U.S. Have Three Men in the Olympic Marathon?
The U.S. Olympic Marathon Trials are usually straightforward—the top three women and men finishers constitute the U.S. team for that summer’s Olympic Marathon. By now, you’ve probably heard that wasn’t the case on the men’s side at the 2024 Trials, held on February 3 in Orlando, Florida. Only two U.S....
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February 3, 2024
Fiona O’Keeffe sets record, wins Olympic trials in her marathon debut
O'Keeffe turned in a stunning and blistering performance at the U.S. Olympic marathon trials in Orlando, crossing the finish line in 2:22:10 to not only win her marathon debut but break the event record. She finished nearly 32 seconds ahead of runner-up Emily Sisson, effectively pulverizing a deep and talented...
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February 1, 2024
Salomon Owner Amer Sports Raises $1.37 Billion in U.S. IPO
Amer Sports, Inc. raised $1.37 billion its U.S. initial public offering (IPO), a total that fell short of its projected $1.8 billion. The Finnish company, which owns the Salomon, Arc’Teryx, Wilson, Peak Performance and Atomic brands, sold 105 million ordinary shares for $13 each. The company previously anticipated offering 100 million ordinary...
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February 1, 2024
Lululemon Reveals First Men’s Shoes, Including Its Debut Casual Lifestyle Sneaker
Lululemon has officially revealed its first footwear range for men, consisting of three different silhouettes that will be released this spring. Lululemon’s first men’s style to be released this year is its first casual sneaker called the Cityverse, which will be available starting on Feb. 13. Two additional running models, the Beyondfeel...
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February 1, 2024
Hoka and Ugg Help Deckers Achieve ‘Largest Quarter in History’ in Q3
Shares for Deckers Brands were up nearly 6 percent in after-hours trading on Thursday as the footwear company reported its largest quarter in history driven by its star Hoka and Ugg brands. The Goleta, Calif.-based footwear company reported net sales in the third quarter of 2024 increased 16 percent to...
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February 1, 2024
Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results
Peloton Interactive reported* that total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023, compared to the company’s guidance range of $715 million to $750 million. Connected Fitness segment revenue was $319.1 million in the quarter, down 16 percent from $381.4 million...
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January 31, 2024
What Does Red Bull’s 51% Stake in Bora-Hansgrohe’s Parent Company Mean for International Cycling?
Professional cycling almost saw two of its largest teams merge and compete, as on Soudal-Visma. The spark fizzled out in this deal, but come 2024, the face of cycling may just be undergoing its first major change. Energy drink and marketing mogul Austrian company Red Bull is all set to...
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January 31, 2024
Doping-approved “Enhanced Games” receives millions in financial backing
The man behind the doping-enthused Enhanced Games, Aron D’Souza, has revealed he received millions of dollars in financial backing for his entrepreneurial idea a year and a half before his first planned Games in the summer of 2025. In an interview with Sifted magazine, D’Souza revealed that he has teamed up with...
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January 30, 2024
First Olympic Esports Games could arrive in 2025
"Next year or 'by 2026 at the latest'," International Olympic Committee (IOC) President Thomas Bach told Xinhua Sports last Monday. That's the date being considered for the first Olympic Esports Games, which Japan is bidding to host and where "artificial intelligence will play an important role". The steps we have...
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January 30, 2024
Your Brain Doesn’t Want You to Exercise
If the benefits of physical activity were distilled into a pill, everyone would be on it. Studies show that moving improves nearly every aspect of health: boosting sleep, strength, and mental well-being while slashing the risk of chronic conditions and premature death. What’s more, studies show that exercise has a...
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January 30, 2024
Gympass Hits 2.6M Subscribers as Corporate Wellness Demand Grows
Gympass reached a staggering 2.6 million subscribers in the month of January, when many consumers typically turn towards wellness and fitness initiatives, and over 400 million cumulative employee check-ins across its partner network. The corporate wellness platform also reports that it grew its customer base to over 15,000 in 2023,...
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January 30, 2024
How to Watch: 2024 US Olympic Trials Marathon | Track and Field
Here's how to watch the 2024 US Olympic Trials Marathon on FloTrack. The 2024 US Olympic Trials Marathon starts on Feb 3, 2024. Video footage from the event will be archived and stored in a video library for FloTrack subscribers to watch for the duration of their subscription. Flotrack
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January 30, 2024
Improving fitness may be linked to a 35% lower risk of prostate cancer, study finds
Plenty of research has linked regular exercise to a lower risk of cancer, but a new study suggests that getting into better shape could reduce the risk of prostate cancer in particular, a diagnosis that around 113 out of every 100,000 men get every year in the U.S. The research,...
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January 30, 2024
U.S. Olympic Marathon Trials unveil huge prize pool
We are less than a week away from one of the most exciting pre-Olympic qualification events: the 2024 U.S. Olympic Marathon Trials (on Feb. 3). Not only will the top three men and women have the opportunity to represent Team USA in the marathon at the 2024 Paris Olympics, they...
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January 30, 2024
Miami Marathon finisher medals spark airport security concerns
Finishers of the 2024 Miami Marathon on Jan. 28 were warned, but still, hundreds of participants went home without their medals when the TSA (Transportation Security Administration, for Canadians) confiscated the medals, likening them to deadly ninja throwing stars. The 2024 medal is shaped like a golden sun with the...
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January 29, 2024
Ironman taps Equinox president as new CEO in effort to woo more type-A executives
Ironman Group said Monday that it has hired the president of the high-end gym chain Equinox, Scott DeRue, to be its next chief executive as the endurance sports event organizer navigates a drop in race participation a decade after its peak. DeRue, who joined Equinox in 2021 to help the...