News Topics
March 22, 2022
Woman who suffered heart attack near L.A. Marathon finish line dies at hospital
A woman who suffered a heart attack at the finish line of the Los Angeles Marathon has died at a hospital, race organizers confirmed Tuesday. Trisha Paddock was a participant in the Charity Challenge Half Marathon, according to a statement by organizers. LA Times
March 21, 2022
Who’s earning what? Report reveals top-20 pro cycling salaries
Ever wondered how much you’d earn if you won the Tour de France twice before you turned 23? Six million euros ($6.6 million) a year, that’s how much. The Calcio e Finanza study shows the top 20 salaries for male pro cyclists in 2022. Although the numbers are best-guess calculations rather...
March 21, 2022
Nike Gets Needed Boost from Earnings Beat
Nike saw modest sales growth in its fiscal third quarter as it continues its push toward direct-to-consumer sales. The Swoosh notched $10.9 billion in revenue, up 5% year-over-year (8% on a currency-neutral basis) in the quarter ending Feb. 28. Front Office Sports
March 21, 2022
Athleisure Brand Balance Athletica Changes Its Name After New Balance Lawsuit
Balance Athletica, a Denver-based athleisure brand, has officially changed its name following a trademark infringement lawsuit filed by New Balance. In the lawsuit filed in Nov. 2020 in the U.S. District Court of Massachusetts, New Balance alleged that Balance Athletica was using a “confusingly similar mark to sell the same...
March 21, 2022
Zwift’s push into competitive cycling could change esports
The championship races are part of Zwift’s steady climb into the canon of serious cycling. Esports, from traditional video games like Fortnite to the more physically demanding Zwift, have found eager audiences that are growing in size. Morning Brew
March 18, 2022
On Reports 70.4% Increase In Full-Year Net Sales
The sustainable footwear and activewear company saw positive results globally. In Q4, net sales in North America jumped 100.1% to roughly $142.7 million, and 96.8% to around $438 million for the full year. Net sales in Asia-Pacific jumped 35% to roughly $11.3 million during the quarter, while full-year net sales for the...
March 18, 2022
Equity crowdfunding a new twist for bike startups
Equity crowdfunding was established in 2012, when the Obama Administration enacted the Jumpstart Our Business Startups (JOBS) Act. At first, only accredited investors could participate. Five years later, another addition to the JOBS Act opened up the industry to the general public, not just high-net-worth individuals. Bicycle Retailer
March 16, 2022
Strava turns back on third-party syncing after public outcry
Strava has turned back on syncing to Apple Health from third-party applications – such as Garmin and Zwift – following an uproar from the cycling community. In a recent update, Strava had removed that functionality, meaning only activities recorded natively on the Strava app would sync with Apple Health. Activities...
March 16, 2022
What does your running shoe wear pattern tell you?
Your running shoes can tell a pretty good story of your running gait and how and where your body makes an impact with the ground. And your gait can tell you the areas of your body you need to work on to strengthen your stride. When buying a new pair...
March 16, 2022
Specialized founder Mike Sinyard steps down from CEO role
After 48 years at the helm of Specialized, founder Mike Sinyard has appointed former Dyson executive Scott Maguire as the new CEO. As Founder, Chairman and Chief Rider Advocate, Sinyard will remain the brand's 'visionary leader' but the responsibility of running the business will now fall on Maguire. Cycling Weekly