News Topics

September 10, 2021

Gravel race organizers intent on keeping rules minimal

Are more rules needed to ensure fair play? Do men and women need separate starts, and should teamwork be forbidden? The experience of the masses outweighs the need to enact new rules to govern a few elite racers, organizers say. VeloNews

September 8, 2021

Sponsorship Pulled from Portland Marathon, Raising Questions About Fall Racing

Oregon Health and Sciences University did not directly discourage runners from participating in the mass event, but stated it was "doing everything" to avoid burdening overloaded hospitals. The Podium

September 8, 2021

Goldmeiers plead guilty to PPE hoarding and price gouging

Bike industry veterans and former owners of Ross Bicycles, Steven and Allen Goldmeier, agreed to pay $1 million in restitution to the State of Oklahoma for hoarding surgical masks and selling them at "exorbitant" prices to the state. BRAIN

September 8, 2021

Exercise for 3 Minutes, Every Half-Hour, to Counter the Ill Effects of Sitting

Sitting for hours at a desk can play havoc with our metabolic health, contributing over time to high blood sugar and high cholesterol, even in people who otherwise seem mostly healthy. But a practical though small new study shows that standing up and moving every 30 minutes for about three minutes...

September 8, 2021

Lululemon Surges on Post-Pandemic Growth

Lululemon posted $1.45 billion in second quarter earnings, a 61% rise from the same period last year, when the pandemic had shuttered much of its in-person retail. The growth represented more than just a pandemic bounceback: Revenue was also up 64% from Q2 2019. FOS

September 7, 2021

On Launches Initial Public Offering

ZURICH, Sept. 7, 2021 /PRNewswire/ -- Swiss performance sportswear brand On announced today the launch of its initial public offering of 31,100,000 Class A ordinary shares. On is offering 25,442,391 Class A ordinary shares and certain selling shareholders are offering 5,657,609 Class A ordinary shares. In connection with the offering, On and...

September 4, 2021

Why Fitter People Drink More Alcohol

Why Fitter People Drink More Alcohol. Regular exercisers drink more, a new study confirms, but they are less likely to be problem drinkers than less fit people. The association between exercise and drinking is perhaps due to a psychological phenomenon called “the licensing effect” - when you feel like rewarding...

September 3, 2021

Best Buy adds e-Bikes & Geek Squad assembly; Bird takes off with new BirdBike

Mega-retailer Best Buy is throwing its weight into e-mobility by offering electric transportation products including scooters, mopeds, and, yes, e-bikes. It also aims to compete with local bike shops with its Geek Squad, which will assemble and tune bicycles purchased at the store, including brake, seat, and handlebar adjustments for...

September 2, 2021

Company WHOOP Acquires Velocity-Based Training System PUSH

Performance wearables company WHOOP announced that it acquired velocity-based training (VBT) system PUSH. The acquisition marks WHOOP’s entrance into the VBT market and comes just days after it received a valuation of $3.6 billion. BarBend

September 2, 2021

Apple Watch to Track New Biometrics

The latest Apple Watch is expected to add a slew of health and movement-tracking features as the tech giant prepares its next move in an ongoing fitness play, including blood pressure, wrist temperature and upgrades to its sleep tracking and irregular heartbeat monitoring features. FOS

September 1, 2021

Fires Could Change Trail Running As We Know It

The fire danger for Grey Rocks Trail Race in Washington – among the dozens of other axed races in the state – came amid the historic heatwave in the Pacific Northwest. It created hot, dry conditions that could instantly trigger a catastrophe if dry brush or grass were to be...

September 1, 2021

iFIT Files for IPO, Could Raise Estimated $800M

Formerly known as Icon Health Fitness, iFIT offers interactive workouts, training programs, and instruction from world-class trainers. The company owns various fitness brands including FreeMotion and NordicTrack, and has more than 6.1 million members in over 120 counties — including 1.5 million paying subscribers. The company generated $1.7 billion in revenue in fiscal...

September 1, 2021

Bosch unveils new ‘smart system’ for e-bikes, including mobile app and remote

Bosch has unveiled an array of product updates for the coming seasons, including a new mobile app and a wireless remote control that increase the "digitalization" of bikes using the company's drivetrain system. BRAIN Bosch's new "smart system" includes the eBike Flow app for smartphones. Bosch sees the app as the...

August 31, 2021

At least six female Afghan cyclists reach Italy, professional cyclists group announces

The Italian Professional Cyclists Association has announced that six female Afgan cyclists, along with a male athlete and some family members, arrived in Rome on Italian Air Force plane on Aug. 27. American activist Shannon Galpin has been working to help female Afghan cyclists get out of the country. She told...

August 31, 2021

Runners: gulp, don’t sip, your carbs on race day

New research shows that taking in larger amounts of carbohydrates less frequently is the better way to fuel during a race. Canadian Running t’s undeniable that carbohydrate intake during a long race improves performance, but exactly how much, what type and when you need it is less certain. Recently, researchers at Loughborough...

August 30, 2021

BAA Apologizes For Holding Marathon On Indigenous Peoples Day

The Boston Athletic Association has issued a formal apology for scheduling the 2021 Boston Marathon on Indigenous Peoples Day, which will be recognized in local communities including Brookline and Newton on Oct. 11. The BAA said it has met with representatives from the Federal and State Recognized Tribes to come...

August 30, 2021

Peloton’s full-year revenues exceed $4 billion, but growth slows and losses mount

Peloton Interactive's fourth-quarter revenue grew 54% over last year's final quarter, to $937 million, as the company's fiscal year revenues topped $4 billion for the first time. However, although the quarterly sales total was ahead of estimates, the company lost $313 million in the quarter and the growth rate declined from...

August 30, 2021

WHOOP Looks to Acquire Tech Companies After $200M Raise

Fitness wearable company WHOOP raised $200 million at a $3.6 billion valuation, roughly doubling its previous fundraising total and tripling its valuation from a round in October 2020. The Series F round, announced on Monday, was led by Softbank Vision Fund 2. FOS

August 27, 2021

Tour of the Gila cancelled due to rising COVID-19 cases across New Mexico

Organizers of the Tour of the Gila announced the cancellation of their stage race that was scheduled to be held from September 29 to October 3 in New Mexico. The race will return next year from April 27 to May 1, 2022. Tour of the Gila would have been only the...

August 26, 2021

Lululemon Raises Minimum Base Pay

Effective Sept. 27, 2021, lululemon will raise the minimum base pay for the majority of its store and Guest Education Centre) employees in North America. As part of the additional investments, people who are currently employed, and individuals who are hired from this point forward, will receive a new minimum...

August 26, 2021

Earning Announcements

Peloton shares fall after cycle maker posts disappointing earnings and outlook, cuts Bike price More Athleta’s Q2 Comps Gain 13 Percent Year-Over-Year More

August 26, 2021

FloSports secures London Marathon streaming rights in North America, Australia

United States-based subscription streaming platform FloSports has secured the media rights to the Virgin Money London Marathon in North America and Australia, starting this year. The iconic international race – which is scheduled to be held on Sunday, October 3 – will be exclusively streamed on the FloTrack vertical in the United...

August 26, 2021

Chris Froome invests in Factor Bikes

Chris Froome has joined a consortium injecting capital into Factor Bikes and its parts and accessories subsidiary Black Inc, with plans for the four-time Tour de France winner to use his racing and product experience to help with product development and marketing. Cycling News

August 26, 2021

Athleta parent company Gap acquires Berkeley startup that allows customers to try on fits virtually

Ahead of its second quarter earnings call Thursday, Gap Inc. announced it has acquired e-commerce startup Drapr, a recent Y Combinator alum that has built technology that lets customers try on clothing virtually to ensure a better fit from home. SF Business Times

August 25, 2021

How Exercise May Help Keep Our Memory Sharp

Irisin, a hormone produced by muscles during exercise, can enter the brain and improve cognition, a mouse study suggests. NYT An intriguing new study shows how exercise may bolster brain health. The study was in mice, but it found that a hormone produced by muscles during exercise can cross into the brain...