News Topics
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April 29, 2020
Will Triathlons Come Back This Year? What Will They Look Like?
As the world tries to limit the spread and fatality rate of the COVID-19 pandemic, race directors grapple with the possibility of no mass events in 2020. Interesting article on Triathlete.
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April 29, 2020
American Pacific Group acquires SaltStick
American Pacific Group, a San Francisco-based private equity firm, in partnership with Joe Falsetti of Dana Holdings, has acquired SaltStick, an electrolyte replenishment supplement with a strong following among endurance athletes for in-competition and training activities. Read more on Private Equity Wire.
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April 29, 2020
Garmin reports strong revenue and operating income growth for first quarter 2020
Garmin Ltd. announced results for the first quarter ended March 28, 2020. Total revenue of $856 million, a 12% increase, with fitness, marine, outdoor and aviation collectively increasing 17% over the prior year quarter. The company is withdrawing its fiscal 2020 guidance due to the rapid and unpredictable economic changes caused...
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April 28, 2020
Shimano reports bike division sales down 15% in Q1; withdraws guidance
Shimano reported that its first-quarter bike division sales were down 15.4% from the same period last year. Operating income in the division declined 26.1%. Check out the earnings numbers at Bicycle Retailer & Industry News.
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April 28, 2020
Run specialty stores plot recovery
The owners at Charm City Run, Big Peach Running, Brooklyn Running, and Playmakers talked with SGB Executive about the adjustments they’ve made and their challenges and opportunities ahead in the face of COVID-19. Read more on SGBMedia.
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April 28, 2020
Tour de France may be postponed again
The Tour de France's anticipated August 29 start date for the postponed 2020 edition has fallen under new uncertainty as the French Prime Minister, Edouard Philippe, banned all mass sporting events until September. However, a few hours later the French Ministry of Sport clarified that it might not affect the Tour. Read more on...
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April 28, 2020
Allbirds is now making running shoes
Allbirds fans love the brand’s eco-friendly lifestyle sneakers. And now, the company has sustainability-focused performance shoes. The shoe was created with natural materials including its Sugarcane-based SweetFoam, eucalyptus and a reengineered version of its merino wool. Read more on Footwear News.
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April 27, 2020
I lost my tri job due to COVID-19—Here’s how the industry is coping
Triathlete contributor Jay Prasuhn finds himself unemployed due to the the COVID-19 pandemic. He looks at the various arms to the industry to see how they're coping and adjusting during this trying time. Read more here.
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April 27, 2020
On a lighter note – ‘Oh no, I spelled it wrong’: Nurse runs solo marathon in shape of ‘Boston Strog’
Lindsay Devers planned her marathon-length riverside run in Boston to spell out an inspirational message during the coronavirus pandemic. But she forgot just one thing. Read more on CBC News.
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April 27, 2020
Peloton sets record for most people streaming a single live class with 23,000 riders
The record-breaking class was led by Robin Arzón, Peloton's vice president and head instructor, who broadcasted the 30-minute Pop Ride right from her ... living room. It also beat the company's previous record of 19,000 riders in its 2019 Turkey Burn class. Read more on Mashable.
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April 27, 2020
Adidas takes massive earnings hit due to coronavirus, warns of even bigger impact next quarter
The Germany-based sportswear giant’s net income for the first quarter plummeted 97% to $21.69 million, with earnings of 14 cents per share. Revenues also decreased 19% to $5.15 billion, with a 20% drop at its namesake brand and a 12% slide at Reebok. Read more on Footwear Daily.
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April 27, 2020
When might racing return, and what will it look like?
What’s “normal” during this pandemic changes almost daily, including the ever-growing pileup of canceled or postponed races. At some point, however, racing will return. Based on interviews with several running insiders, Runner's World outlines ideas about what the near future of road racing might look like.
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April 27, 2020
Restrictions on cycling set to be lifted in France, Italy and Spain
Welcome news for both pros and amateurs is emerging from Spain, Italy and France, as the three nations are expected to ease cycling bans next month. During the coronavirus crisis, many European nations have enforced strict lockdown rules including a ban on recreational cycling, with many professionals being caught up in the...
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April 23, 2020
Endurance sports sidelined by virus join race for federal relief
The Endurance Sports Coalition has been lobbying for the replenishment of a small business loan program designed to help struggling businesses keep workers on their payroll, in addition to underscoring with lawmakers the industry will need further help. Read more on Bloomberg Government.
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April 23, 2020
Skechers’ online business is booming this month— Here’s how much digital could deliver in annual sales
Skechers is proving that it can battle the coronavirus. After reporting solid first-quarter results this afternoon, the Manhattan Beach, Calif.-based company elaborated on its pandemic game plan in a conference call — and it starts with the booming online business. Read more on Footwear News.
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April 22, 2020
The longest virtual race yet: 1,000K ‘across’ Tennessee
Organized by the Laz Lake, race director of the famously difficult Barkley Marathons, The Great Virtual Road Race Across Tennessee is, as the name suggests, a virtual run, and it will take place from May 1 until August 31. Why such a long window to complete the race? Because it’s a 1,000K run that...
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April 22, 2020
Under Armour lays off more than 300 at Tennessee distribution center
The one-million-square-foot facility had employed 524 workers. In 2014, the Tennessee State Funding Board approved $6.75 million in state funds for Under Armour to build the Mt. Juliet facility. At the time, Under Armour was expected to employ 1,500 within five years. Read more on SGBMedia to find out where else...
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April 22, 2020
Endurance Sports Coronavirus Daily News Updates
Endurance Sportswire is providing timely and pertinent articles and news updates specific to coronavirus and the running, cycling and triathlon industries. NEWS UPDATES 4/22 USOPC to cut up to 20%, says no Olympic games would be ‘devastating’. Read more on HERE. NEWS UPDATES 4/21 USA Track and Field lays off 7;...
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April 21, 2020
USOPC to cut up to 20%, says no games would be ‘devastating’
The Associated Press received a copy of a letter CEO Sarah Hirshland sent to leaders across the U.S. Olympic world Tuesday, in which she said cuts of 10 to 20% are “necessary to balance both the current delay in revenue and anticipated decline” that’s expected over coming years. The letter was...
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April 21, 2020
Will fall 2020 marathons go on?
As the COVID-19 pandemic continues to threaten the health and safety of people around the world, the virus also continues to wreak havoc on the racing calendar. What was once shaping up as a crowded fall marathon season may not go off as planned.
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April 21, 2020
NSGA sports participation study shows growth In 2019
Participation increased in 7 of 10 segments in 2019 according to the 2020 National Sporting Goods Association’s (NSGA) Sports Participation in the U.S. Report* released today. One segment remained relatively flat and two segments decreased compared to the prior-year the survey noted. Read more on SGBMedia.
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April 21, 2020
Peloton will resume live classes from instructors’ homes
Peloton today announced that it will resume live workout classes after finally closing its studios on April 3rd when an employee tested positive for COVID-19. Classes will now be streaming from the instructors’ homes. Users can expect between two to three new live classes daily; the schedule currently focuses on morning classes, but the...
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April 21, 2020
What will endurance races look like when they come back?
Marathons. Cycling Races. Triathlons. So many have been wiped out, but organizers are already planning how to bring them back. Read more in the New York Times.
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April 20, 2020
World Athletics and IIRM form outbreak prevention taskforce for mass events
World Athletics has joined forces with the International Institute for Race Medicine (IIRM) to set up a medical taskforce to provide endurance events that include mass gatherings with guidelines for outbreak prevention. Click here to see the many industry organization that are on board.
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April 20, 2020
How quickly does your body detrain?
Between homeschooling kids, trying to get your work done and attempting to maintain a relative level of normal, daily exercise has taken a back seat in some people’s lives. While this is completely understandable, runners should try their best to fit in some activity even once or twice a week,...