News Topics
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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...
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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...
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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...
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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
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August 23, 2023
Gympass Hits $2.4B Valuation After Latest Funding Round
Gympass, a top corporate wellness platform, has raised $85 million in a Series F funding round at a valuation of $2.4 billion, an eye-watering number given the struggles of other fitness industry companies in the current economic environment. EQT Growth led the funding round, with participation from Neuberger Berman Group...
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August 22, 2023
Lotto Dstny sports director Allan Davis fired after sending “inappropriate” messages to women
Davis, who won the Tour Down Under and finished second at Milan-San Remo during his 14-year professional career, was removed from Lotto Dstny's Tour de France coaching team after the allegations came to light in June, a female Twitter user telling road.cc that several other women had contacted her with details of similar...
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August 22, 2023
Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
After a second quarter where profitability fell short, Dick’s Sporting Goods announced a business optimization program that involved laying off 250 employees at the corporate level, as first reported by Bloomberg Business. Dick’s said that the business optimization plan is intended to better align its talent, organization design, and spending....
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August 21, 2023
John McEnroe Tennis Academy partners with Evolution Optiks’ OcuRay for neuro fitness wearable
The John McEnroe Tennis Academy is partnering with the OcuRay division of Evolution Optkis on a vision training wearable to improve its athletes’ neuro fitness. The youth tennis players will use FalconFrames, lens-less glasses that track eye movement and use AI algorithms to detect impairments and help wearers train their vision...
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August 21, 2023
How This 52-Year-Old Crushed His First Ultra, One of the Hardest Races in the World
Ken Rideout had never slept in a tent, run with a backpack, or been in a race longer than 26.2 miles — but when the 52-year-old heard about the grueling Gobi March ultramarathon, something told him he could win it. Not only did Rideout win the Gobi March at 52, taking...
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August 20, 2023
Two men die in Ironman Cork competition in Ireland
Two men died during the swimming portion of an Ironman event in Ireland on Sunday, local authorities said. Irish broadcaster RTE said the two men, one in his mid-60s and one in his mid-40s, died in separate incidents during the 1.9 kilometer (1.2 mile) swimming portion of the competition. espn
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August 18, 2023
Saucony, ASICS Gaining on HOKA
HOKA’s sales grew from about $900 million to $1.4 billion from fiscal 2022 to 2023 and it’s still rocketing upward. The big movers are ASICS and Saucony and the moves are striking. Saucony has almost doubled its share, from 12 percent to 21 percent, in a 3-year span. HOKA’s lead...
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August 18, 2023
Running can help cut risk of 9 different cancers in men: study
In a study published in the British Journal of Sports Medicine, researchers analyzed the rates of cancer in a cohort of more than a million men in Sweden over an average period of 33 years, beginning at age 18. Using the results from fitness tests that were used to gauge...
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August 18, 2023
Meta Pushes Into VR Fitness: Why the Tech Giant Is Just Getting Started
In early 2023, Meta completed its acquisition of Within, maker of the popular VR fitness app Supernatural, for a reported $400 million, cementing the tech company’s entry into the space. In the four years or so between its first foray into VR and its decision to shell out big bucks...
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August 17, 2023
Nike and Adidas Lead Brands With Most-Placed Products in TV & Film, According to New Study
Nike and Adidas are among brands with the most-placed products in TV and film, according to new study put out by Merchant Machine which analyzed 2,227 movies and 890 TV shows. FN
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August 17, 2023
The Best Half Marathons in and Around National Parks
Running provides you with hours of time each week free from the recycled air and artificial light of your office or home. So why not take that fresh air experience up a notch and run a half marathon somewhere off the grid? For runners who enjoy the outdoors, in America...
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August 17, 2023
Peloton launches new approach to B2B service
New York-based Peloton announced the launch of Peloton for Business, its new B2B offering that will supply equipment and content to clients in the sectors of corporate wellness, multifamily residential businesses, hospitality, community wellness, healthcare, education and gyms. The company will offer access to its Peloton Bike for use by...
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August 16, 2023
A Vulnerable, Inside Look at What It Takes to Run the Cocodona 250
The Arizona-based race has only been around since 2020, but already it’s developed a reputation for requiring top-notch physical and mental fortitude to complete. Runners depart from Black Canyon City and wind their way through, up, and over central and northern Arizona’s famously challenging terrain to Flagstaff. Over the 250-mile...
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August 15, 2023
Why On Running Is Soaring In North America as Other Brands Struggle
On Holding just became one of the few shoe brands to post positive results in North America this quarter. The popular Swiss running shoe brand grew 66.8 percent in North America in Q2. Net sales in EMEA, Asia-Pacific and the Americas more broadly increased in the double digits as well. FN
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August 14, 2023
Study finds eating disorders and mental health issues a concern for ultrarunners
A scientific review published in the journal Sports Medicine has amalgamated information about mental health issues among ultra–endurance runners (UERs), and the conclusions may be surprising to many. The study defined UERs as runners who had participated in one or more ultra–endurance events (longer than a standard marathon, 42.2 kilometres)....
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August 11, 2023
Resale company Trove raises $30 million in Series E funding
Trove has raised $30 million in Series E funding, the resale technology company announced on Thursday. Wellington Management and ArcTern Ventures co-led the funding round, and Mitsui Fudosan’s CVC Fund, G2 Venture Partners, Prelude Ventures and other current Trove investors participated in the round. The funding will support the company’s...
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August 11, 2023
British Cycling could take legal action to prevent Japanese and French Federations from using new track bikes
British Cycling is considering taking legal action over potential patent infringements from the new bikes of the Japanese Track Cycling Federation and French Track Cycling Federation. Cycling Weekly understands the potential infringements relate to the wide fork and seat stay designs on the Look P24 and V-IZU TCM. This design...
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August 10, 2023
Despite surge in MTB helmet sales, Leatt revenue decreases 31% year-over-year
Leatt Corporation's second-quarter revenue decreased 31% year-over-year despite mountain bike and moto helmet sales increasing 48% compared with the same time last year. Global revenue for the quarter ending June 30 was $12.35 million, compared with $17.93 million at the same time last year. Helmet sales accounted for $3.52 million,...
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August 10, 2023
What Extreme Heat Does to Your Body
While the human body is able to withstand high temperatures, unprecedented extreme heat driven by climate change is challenging our ability to adapt. As heat waves become more common, it’s important to know why heat can be so dangerous and who is most at risk for heat-related illnesses. Here’s what happens...
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August 10, 2023
Wolverine to Close Boston Campus, Consolidate US Offices to Michigan
Wolverine on Thursday announced the planned closure of its Boston headquarters by the end of the year and the consolidation of its offices across the U.S. to its Rockford, Mich., campus. The announcement came as Wolverine Worldwide announced sagging results for the second quarter, as well as the sudden exit of CEO Brendan Hoffman. The company named Christopher...
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August 9, 2023
Many Pro Runners are Becoming Coaches. What’s the Deal?
As the sport of running grows, so do many of its cottage industries. Coaching has quickly become an industry that many are tapping into as more people enter the sport, but experiences may vary. Trailrunner