News Topics
September 1, 2023
3D-printed outsole helps spread seeds on runs
With the aim of promoting biodiversity in urban areas, a product designer has created a 3D-printed outsole inspired by Velcro and bison hooves that lets runners pick up and spread wild seeds while racking up kilometres. The outsole, a chunky synthetic slip-on covered in hundreds of flexible, soft hooks, is...
August 31, 2023
A ‘World-Class Gym on Wheels:’ Randy Hetrick Has Big Plans for OutFit Training
The TRX founder has begun franchising his next big fitness business idea: outdoor workouts enabled by modern tech. A couple of years ago, Hetrick started OutFit Training, a concept that offers interval-style strength training workouts led by expert instructors, all staged out of vans parked in the great outdoors and...
August 31, 2023
Wahoo and Zwift agree to settle patent suit
Last October, Wahoo sued Zwift and JetBlack for patent infringement, alleging that Zwift’s new Hub trainer, which JetBlack manufactures, infringed on its patents. Wahoo quickly settled with JetBlack, with Jet Black agreeing not to sell its version of the Hub, called the Volt, in the U.S. or Europe. JetBlack continues...
August 31, 2023
Lululemon’s Raises Outlook As Q2 Comps Jump 11 Percent
Lululemon Athletica, Inc. raised its guidance for the year as second-quarter results exceeded expectations. Earnings rose 21.6 percent on an adjusted basis in the quarter with revenues ahead 18 percent. Comparable sales increased 11 percent or 13 percent on a constant dollar basis. Sales of $2.2 billion topped guidance in the...
August 29, 2023
Alo Yoga Launches Supplement Line, Continuing Wellness Push
Alo Yoga has mindfully moved into the supplement space, recently unveiling new gel-based ingestible wellness products and partnering with Sephora to launch its beauty and recovery line in stores in early September. Athletech
August 25, 2023
Giant aware and working to get fake website taken offline
Gympass, the leading corporate wellness platform, announced it has raised $85M in a Series F funding round at a valuation of $2.4 billion. The new investment will accelerate Gympass' growth globally as companies prioritize decreasing healthcare costs and improving employee wellbeing. HRTechCube
August 24, 2023
ÖTILLÖ splashes out in USA with acquisition of Ödyssey Swimrun Series
Swimrun AG, the Swiss-based owner of ÖTILLÖ, The Swimrun World Championship, and the ÖTILLÖ Swimrun World Series, has acquired a majority stake in Swimrun USA, a leading organizer of swimrun races in the US and the company behind the Ödyssey Swimrun Series. All Ödyssey Swimrun races will become part of...
August 24, 2023
Strava Adds More Photo-Based Tools to Route Planning
Strava has added a new feature for Subscribers that lets you see photos while route planning on desktop now, and more specifically, lets you see the exact location of said photos. This is a major upgrade over the Strava route-photo feature introduced earlier this year that showed you photos along...
August 23, 2023
New York City Marathon changes pregnancy deferral policy – but it requires athletes to pay to defer
New York Road Runners (NYRR) – organisers of the New York City Marathon – updated the organisation’s pregnancy and postpartum cancellation policy in an attempt to become a ‘more diverse, equitable, inclusive, and socially responsible organisation’. It means that the New York City Marathon is now the fifth World Marathon Major to allow women...
August 23, 2023
Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Pelotonon Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The company fell short of analysts’ earnings estimates but beat sales expectations. CNBC