News Topics
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June 11, 2021
SIGNA Sports United To Go Public By Merging With A SPAC
SIGNA Sports United (SSU), the sports eCommerce retailer and technology company, has struck a deal to combine with publicly-traded special purpose acquisition company (SPAC) Yucaipa Acquisition Corporation (YAC). The deal also encompasses the purchase of eCommerce bike retailer WiggleCRC Group. PYMNTS.com
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June 11, 2021
Shimano forced to shut Malaysia component factory in latest blow to the supply chain
Shimano's factory in Malaysia will be completely closed until at least June 14 due to an official COVID-19 mandate. Since June 1, the factory had been allowed to operate at 60% capacity. Bicycle Retailer
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June 10, 2021
Olympics: 8,500 athletes qualified, 80% to be vaccinated by games: IOC
The IOC said 75 percent of prospective Olympic and Paralympic Village residents have either already been vaccinated or are scheduled to be vaccinated, with the figure set to rise to over 80 percent when the games start. The village officially opens on July 14. Kyodo News
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June 9, 2021
The Best Type of Exercise? A Blood Test Holds Clues
a fascinating new study of more than 650 men and women suggests that the levels of certain proteins in our bloodstreams might foretell whether and how we will respond to various exercise regimens. NYT (paywall)
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June 8, 2021
Top swimmers unionise in bid for improved athlete rights
Several of the world’s top swimmers have formally established a new independent representative body in a bid to improve athlete rights in the sport and give competitors a greater say in governance matters. SportsPro
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June 8, 2021
Sporting Goods Giants Continue Seeing Record Numbers
Academy Sports reported its Q1 earnings Tuesday, highlighting a recent string of record-breaking quarters in the sporting goods industry. The company saw its highest-ever gross margin, increasing 89.2% to $563.7 million. Net sales jumped 39.1% year-over-year to $1.58 billion. But Academy Sports isn’t the only sporting goods store trending upward. Front Office...
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June 8, 2021
Hashimoto insists Tokyo 2020 will go ahead as 10,000 volunteers quit over COVID-19
It has been reported that 10,000 of the 80,000 volunteers for the Games have quit, largely because of coronavirus fears. However, Tokyo 2020 President Seiko Hashimoto insists this year’s Olympic and Paralympic Games will take place as planned - unless the majority of teams are unable to travel to Japan...
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June 7, 2021
The Great U.S. Bicycle Shortage
A boom demand, a trade war, and pandemic have combined for major price inflation in the bicycle business. With demand high and supply low, prices for bikes and parts can be 15-25% higher than usual. Front Office Sports
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June 7, 2021
Wolverine Worldwide Expects Second Quarter 2021 Revenue To Exceed Second Quarter 2019
Wolverine World Wide Inc. said it expects second-quarter 2021 revenue to exceed 2019 levels due to better-than-expected trends across nearly all brands in its portfolio led by Merrell, Saucony and Sperry. SGBMedia
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June 7, 2021
Sport Acuity acquires Tri247 endurance media business
Sport Acuity has acquired a controlling stake in Tri247 – the company behind the 247 group of endurance sport websites. Chief among them is Tri247.com, alongside Run247.com, which are leading platforms for elite to starter athletes. Endurance.biz
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June 7, 2021
Study: lower stride rate associated with higher risk of bone stress injuries
A recent study of Division 1 university cross-country runners has added more evidence to support the theory that a low step rate was a risk factor for bone stress injuries. Canadian Running
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June 7, 2021
The Fast and the Furious: Electric Bikers and Cyclists Compete for Trail Space
Bicyclists says e-bikers zip by recklessly, motorized bike enthusiasts say pedal crowd is just as bad; “increasing rudeness.” WSJ (paywall)
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June 6, 2021
Alistair Brownlee disqualified for ‘ducking’ and faces Olympic omission
Alistair Brownlee’s hopes of winning a third successive Olympic title appear to be over after he was disqualified for “ducking” a rival during a World Triathlon Championship Series race in Leeds. The Guardian
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June 4, 2021
Bicycle industry sees first stock exchange index tracker
Set to launch on the Frankfurt stock exchange on the 21st of June, the bicycle industry will get its first stock exchange index tracking 20 of the trade’s largest listed names. The index management will be handled by asset management firm Daubenthaler and the index will be called BeneFaktorIndex® Bike. Cycling Industry...
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June 3, 2021
China bans ultramarathons and off-road races after 21 die in Gansu tragedy
China has issued a ban on all ultramarathons and off-road running races following the recent tragedy at the Huanghe Shilin Mountain Marathon at which 21 runners died on May 22. The General Administration of Sport of China has declared a range of running disciplines as insufficiently regulated and lacking well-defined...
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June 3, 2021
Lululemon first-quarter sales rise 88%, topping estimates, as store traffic rebounds
Net income grew to $145 million, or $1.11 per share, from $28.6 million, or 22 cents per share, a year earlier. Excluding one-time charges, Lululemon earned $1.16 a share, better than the 91 cents per shares that analysts estimated. Revenue rose to $1.23 billion from $652 million a year earlier. That...
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June 2, 2021
UCI pushes forwards with sustainable development strategy
The Union Cycliste Internationale (UCI) has approved key components of its sustainable development strategy, with guidelines and targets. The UCI’s sustainability guidelines aim to provide practical information on key aspects of sustainability for all its stakeholders – which include its 197 national federations, event organisers and teams – so they can...
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June 2, 2021
ASICS introduces tool to measure running’s effect on the mind
ASICS has launched a worldwide study on the effects of exercise on mental health and wellness, and everyone is invited to participate. The study employs a new online tool designed by the team at ASICS called the Mind Uplifter, and it uses facial recognition software and individual self-reports to analyze...
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June 2, 2021
Here’s Why Your Watch Says You Ran More Than a Marathon
There’s basically no such thing as running a perfect 26.2 (or 13.1, or 6.2) miles on a certified race course. Runner's World
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June 2, 2021
World Triathlon provides $100,000USD in athlete funds to support the road to Tokyo 2020
World Triathlon has approved a support fund of $100,000USD to provide financial assistance to those athletes from National Federations with the greatest needs in order to help them compete at Continental and World level over the Olympic and Paralympic Qualification Period. A total of 23 athletes and para athletes from...
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June 1, 2021
Exercise Affects Us All Differently. A New Study Could Finally Explain Why
Exercise is good for everyone, but it doesn't affect us all in the same ways: some people might see boosts in levels of endurance, while others benefit from better blood sugar levels. Now scientists think they may have discovered one of the reasons why. Science Alert
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June 1, 2021
Meet the team tackling cycling’s garbage problem and eliminating single-use plastics
Canadian women's continental team InstaFund Racing, now in its third season, has set itself the big goal of going almost entirely free of single-use plastic, from June 1. It also aims to work towards having a carbon-neutral footprint from 2022. Velonews
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May 31, 2021
Hitting the wall by the numbers
The who, where, when and why some runners bonk near the end of a marathon. Canadian Running
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May 31, 2021
Evidence of vaccination or negative COVID-19 test may be required for Tokyo 2020 spectators
Domestic spectators could only be permitted to attend events at the Tokyo 2020 Olympic and Paralympic Games if they provide either proof of vaccination or a negative COVID-19 test, it has been claimed. To date, over 3.2 million people have been fully vaccinated, roughly 2.6 per cent of the country’s...
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May 31, 2021
How to Choose the Right Dose of Exercise for Your Brain
A new study tests how much cycling it takes to maximize cognitive function in endurance athletes.
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