May 18, 2021

Why Is Nike Still Backing Alberto Salazar?

Would Nike really double down in defense of the most polarizing figure in professional running if they didn’t think he could clear his name? Conversely, if the Salazar brand is irredeemable, why doesn’t the Swoosh cut him loose? These are the underlying questions in Nike’s Big Bet, a new documentary which draws...

May 17, 2021

European equity fund acquires a third of Selle Royal Group

Selle Royal S.p.A., — which produces and markets saddles and accessories under the Selle Royal, Fizik, Crank Brothers, Brooks and PedalEd brands — has received a major investment from the Wisequity V Fund. The fund has acquired a one-third share in the company. Bicycle Retailer

May 17, 2021

Gwen Inglis, reigning cycling national road race champion, killed on a ride by suspected DUI driver

Gwen Inglis, one of Colorado’s foremost cyclists, was struck and killed on a training ride in Lakewood on Sunday morning by a driver who police suspect was intoxicated. Denver Post

May 17, 2021

New $3.3M Seed Pumps Up DeltaTrainer’s Platform

DeltaTrainer, a one-on-one remote personal training company, raised $3.3 million in a round of seed funding to boost development of its platform and wearable technology. The Pittsburgh-based company founded in 2018 provides fitness training based on tracking a user’s movements via Apple Watch motion analysis. Crunchbase

May 14, 2021

Authentic Brands Group Reportedly Offers $1B For Reebok

Adidas has been trying to offload Reebok since December. And now, Authentic Brands Group, owner of Sports Illustrated and athletic apparel and equipment brands like Airwalk, Prince Sports, Tapout, and Volcom, reportedly made an offer to buy Reebok for $1 billion. Front Office Sports

May 14, 2021

Petition to cancel Tokyo 2020 Olympics submitted with 350,000 signatures

The submission of the petition comes amid rising COVID-19 cases in Japan, while concerns over the fate of the Games have grown due to Japan's low vaccination rate, the spread of new variants and the state of emergency in place in Tokyo and other prefectures. Inside The Games

May 14, 2021

Japan expands coronavirus emergency ahead of Tokyo Olympics

Japan on Friday further expanded a coronavirus state of emergency from six areas, including Tokyo, to nine, as Prime Minister Yoshihide Suga repeated his determination to hold the Olympics in just over two months. Associated Press

May 13, 2021

Nike Reveals Details Into When Employees Will Return to HQ

The company said its plan is location-specific and includes a “3-2 flexible work model.” With this model, Nike said employees may work remotely up to two days a week. Nike said it expects employees to work from the office three days a week, however those plans are dependent upon local...

May 13, 2021

Japanese towns abandon plans to host Olympic athletes for Tokyo 2020

Dozens of Japanese towns have scrapped plans to host Olympic athletes prior to the upcoming Tokyo 2020 Games due to growing concerns over COVID-19 and local medical resources during the fourth wave of infections. Inside the Games

May 12, 2021

Asics Sees Q1 Sales Climb 25 Percent

Asics Corporation reported sales rose 24.8 percent in the first quarter. Sales in the North America region rose 20.1 percent on e-commerce gains and the region returned to profitability. Gross profit increased 32.3 percent due to the impact of the increase in net sales as well as a decrease in...

May 12, 2021

AI and a Brave New Running World

AI is the inevitable future of athletics posed to revolutionize the endurance sporting industry. PodiumRunner lays out where we are, and what we can expect to see in the coming years.

May 12, 2021

Merrell, Saucony Lead the Way for Wolverine Even as Overall Sales Fall Short of Expectations

For the three months ended April 3, revenues rose 16.3% to $510.7 million, compared with analysts’ expectations of $511.8 million. By brand, sales at Merrell improved nearly 25%, while Saucony surged close to 60%. Footwear News

May 12, 2021

Women’s Tour de France set for 2022 according to Tour director

The women's Tour de France is set to be revived next year after a 33-year absence. It will following the 2022 men's Tour which is scheduled to run from July 1-25. ESPN

May 12, 2021

Boston Marathon study finds younger, faster runners are at greater risk for heatstroke

Using data from four Boston Marathons, the researchers assessed which runners are more susceptible to the most serious type of heat injury. Canadian Running

May 12, 2021

Big Sneaker, Small Footprint: Adidas, Allbirds Collab on Lowest Carbon Emission Shoe

After a 12-month collaboration, rival brands adidas and Allbirds today unveiled what they see as the future of sustainable shoe design. The FUTURECRAFT.FOOTPRINT, a limited-run proof-of-concept shoe, produces an estimated 2.94 kg of carbon per pair. That makes it both brands’ first sub-3kg carbon footprint shoes, and less than half that...

May 11, 2021

Nautilus Rides Home Fitness Boom To Record Results

Nautilus Inc. delivered record-breaking results for the second straight quarter to produce the highest revenue quarter in the company’s 35-year history. In the quarter ended March 31, revenue was up 120 percent to $206 million. In February, Nautilus provided guidance calling for growth of 55 percent to 75 percent. SGB Media

May 11, 2021

Outside’s 2021 Summer Buyer’s Guide

Every year, Outside dedicates two whole magazines to gear. That's 40-plus Reviewers. 340 Products. Months of testing on rivers, trails, summits, and patios. See their picks for running, cycling and fitness gear at the link.

May 11, 2021

Trail Running Has a Harassment Problem. These Women Are Here to Stop It.

After years of hearing about and experiencing harassment in running—including a tipping-point incident involving one of their own—a group of female leaders have come together to end gender-based violence in the trail and ultra running community. Runner's World

May 10, 2021

This is How US Triathletes Qualify for the Tokyo Olympics

The final auto-selection event for the U.S. Olympic Triathlon Team is this week in Yokohama. Here’s what you need to know. Team USA

May 10, 2021

TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science

TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire

May 10, 2021

As Nike Sales Fall in China, Competitors Cash In

Sportswear competitors Anta and Li Ning are seeing record sales and both are reportedly in the running to buy Reebok from adidas. Front Office News

May 10, 2021

Dorel Sports sees Q1 revenue increase by 43.6%

Dorel Sports has delivered its eighth consecutive quarter of revenue growth, with first-quarter revenue increasing to $270.3 million – an increase of $82.1 million or 43.6% from $188.2 million last year. bikebiz

May 9, 2021

Brazilian Olympic Committee transports 20 tonnes of sports equipment and PPE to Tokyo

The Brazilian Olympic Committee has now sent the last of 20 containers of sports equipment and COVID-19 protection materials to Japan ahead of the Tokyo 2020 Games' scheduled opening on July 23. Transported were 68,000 disposable masks, 12,500 disposable shoe covers, 400 alcohol sprays and 250 aprons, among other products....

May 7, 2021

Adidas Raises Outlook, Sales Jump 156% in China

Adidas released first-quarter earnings Friday, reporting net income of $605 million with revenue growing 27% for the first three months of the year.Footwear sales increased 31%; sales in China grew 156% and E-commerce sales rose another 43%, after a 35% uptick in the same quarter last year. Front Office Sports

May 6, 2021

Fox Factory Delivers Record First Quarter Sales of $281.1 Million

Sales increased 52.5% to $281.1 million, compared to $184.4 million in the same period last fiscal year. Gross margin increased 410 basis points to 34.8%, compared to 30.7% in the same period last fiscal year. Yahoo! Finance