News Topics
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May 15, 2023
New Suit Comes for Nike’s ‘Misleading’ Sustainability Marketing
In a complaint filed Wednesday in a District Court in Missouri, plaintiff Maria Guadalupe Ellis claimed that Nike uses “deceptive and misleading” statements when marketing its sustainability collection. Specifically, the suit claims that Nike “deceives consumers into believing that they are receiving products that are ‘sustainable,’ ‘made with recycled fibers,”...
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May 15, 2023
Garmin launches eBike-specific rear light radar, while Q1 financials are steady
Garmin’s Varia eRTL615 is its first rearview radar and tail light specifically designed for eBike riders. A battery-free design, the Varia eRTL615 plugs into a compatible eBike and can help detect approaching vehicles with visual and audible alerts when paired with selected Garmin devices (including Garmin smartwatches and Edge cycling...
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May 15, 2023
The Speed Project: The secret ‘Fight Club’-style race between Los Angeles and Las Vegas
It has no website, no "register here" button, no rules, no official route, no spectators and, until a week before, no official start date. It's a "Fight Club" of the running world created in the mould of its founder. Before he found marathon running after moving to Los Angeles in...
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May 15, 2023
Giant and Stages end investment negotiations
Giant had filed a notice in January saying its board had agreed to invest a total of about $20 million in Stages, which has manufactured stationary bikes for Stages in the past. The January statement said the board approved the purchase of 32.5% of Stages Cycling Inc. common stock for $6.5...
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May 12, 2023
Toronto Marathon slammed for cars driving through the race course and medals being stolen at the finish line
Dozens of Toronto Marathon participants are expressing concerns about the way the races played out, a lack of water and medical personnel available for runners, and a finish line that was, at best, disorganized, and at worst unsafe for volunteers and participants alike. The Star
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May 11, 2023
Why tall, leggy people run faster in the heat
If you are a marathon runner in search of a personal best, your body shape could be just as important as your training, analysis suggests. A study of 170 Ironman contestants found tall, leggy runners performed better in warm climates, while shorter, stockier people had the upper hand in colder...
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May 11, 2023
Peloton Recalling More Than 2 Million Bikes Over Fall Risk — See If Your Bike Is Included
Peloton has recalled over two million bikes and urged customers to discontinue using the product over safety concerns. On Thursday, the Consumer Product Safety Commission reported the recall of approximately 2.2 million bikes, specifically the Model PL01. Peloton received 35 reports concerning the recalled model, sold online and in Dick's...
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May 10, 2023
Asics Corp. Posts 35 Percent Jump In Q1 FX Neutral Sales; Profits Surge 87 Percent
Asics Corporation reported that net sales jumped 44.6 percent year-over-year to ¥152.2 billion ($1.15 bn) in the first quarter ended March 31, and increased 35.0 percent year-over-year excluding foreign exchange effects. Profit attributable to owners of the parent company increased 86.9 percent to ¥16,310 million ($122.8 mm) mainly due to...
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May 9, 2023
The future of e-bike drives: No chain, no belt, no wear?
In 2023, Eurobike will showcase a variety of new product innovation possibilities, some of which that were inconceivable until recently. The series hybrid is one of them. Whilst not a new idea, its consistent implementation on the bicycle has only recently been addressed: Replacing a drivetrain made of chainring, chain...
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May 9, 2023
Under Armour Swings To Fiscal Q4 Profit On Footwear Growth; Inventory Up 44 Percent
Under Armour reported that revenue for the fiscal fourth quarter was up 7.5 percent to $1.40 billion (+10 percent currency-neutral) in the period ended March 31. Gross margin declined 310 basis points to 43.4 percent of sales in the period, driven primarily by higher promotions, mix impacts related to higher...
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May 9, 2023
7-year-old Cincinnati marathon bandit renews controversy for Kentucky family
A couple who sparked controversy at last year’s Flying Pig Marathon in Cincinnati, Ohio when their six-year-old son joined them for the 42.2-km distance is again courting controversy as the boy, now seven, appears to have run at least the second half of the marathon course unregistered. Following a flurry...
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May 9, 2023
Orbea’s annual report shows $438M in sales, 1,000-plus employees
Orbea has doubled its workforce in the last three years and now has more than 1,000 employees, with 80% of the in Spain's Basque Country. The brand, which is organized as a cooperative, reports 2022 sales of 400 million euros ($438 million), with 85% coming from export markets. After taxes,...
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May 8, 2023
The Pretty People Are Coming For Your Hokas
It’s not often that triathletes, social media influencers, sneakerheads, and service workers have a similar fashion interest. But one brand born in the French Alps that fuses performance and a distinct aesthetic point of view seems to have united people all over the world—to the extent that it’s quickly pacing...
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May 7, 2023
New York cyclists gather for the Blessing of the Bikes
Hundreds of New York City cyclists rolled into the Cathedral of St. John the Divine on Saturday for the annual Blessing of the Bikes. It's a 25-year-old tradition in which cyclists receive "blessings" to keep them safe on the roadways. CNN
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May 5, 2023
Adidas Beats Revenue Expectations Despite Costly Yeezy Struggles
Adidas’ Yeezy crisis has hit the company hard — but its first-quarter financials were not as bad as expected. The sportswear giant reported $5.82 billion in Q1 2023 revenue — a 1% dip from $5.85 billion a year prior. Those numbers actually outperformed projections from financial analysts, who expected a...
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May 4, 2023
Peloton Touts Subscriber Growth Amid Heavy Losses
Peloton CEO Barry McCarthy described its fiscal quarter as the best he has seen with the company, but investors were left cold. The connected fitness giant booked $748.9 million in the fiscal third quarter ending March 31, missing analyst expectations and causing the company’s stock to tumble 13.5%. Peloton lost an...
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May 4, 2023
Flying Pig updates age restrictions one year after 6-year-old’s participation sparked controversy
One year after a then-6-year-old boy's participation in the marathon sparked nation-wide controversy, organizers of the Flying Pig Marathon have implemented new age restrictions for runners. The updated age policy was sent to WCPO on Wednesday, just a few days ahead of the marathon. It says runners must be at...
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May 4, 2023
Lance Armstrong, Tinashe Among Cast for Fox Reality Series ‘Stars On Mars’
This summer, Lance Armstrong, Marshawn Lynch, Ronda Rousey and Tinashe are among the 12 celebrities packing their bags for Fox’s “Stars on Mars,” an unscripted series originally ordered in April that takes put real world stars in competition to conquer the planet (via simulation of course) as they receive orders...
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May 4, 2023
2024 TCS London Marathon receives more than half a million applicants
The 2024 TCS London Marathon has set a world record by receiving the most applications ever to be submitted to a marathon. Marathon organizers say 578,374 hopefuls from the United Kingdom and across the globe entered the ballot for the 2024 TCS London Marathon, marking the first time the number...
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May 3, 2023
F1’s Alfa Romeo Team KICK partners with FNLD GRVL for inaugural gravel race
Alfa Romeo Racing F1 driver Valtteri Bottas told VeloNews 202 that after riding SBT GRVL in 2021, he might like to add a new job description to his job profile: gravel race promoter. After announcing the launch of FNLD GRVL a year ago, Bottas is now truly merging his car racing...
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May 3, 2023
Best Buy Sells Sub-$1,000 ‘Razor’ E-Bike
Most readers will know the Razor brand for its scooters, which became a childhood favorite in the early 2000s. The company still makes plenty of scooters but has since expanded its product line (like everybody else) to hop on the e-bike bandwagon. Now, Razor has announced a new e-bike aimed...
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May 3, 2023
Shimano reports 16.8% fall in bike-related sales for Q1 of 2023
Shimano has released its financial results from Q1 of 2023, showing a 16.8% fall in sales in its bike division. The company also reported it was down 31.8% in operating income in the same sector. In its bike segment, net sales were 98,298 million yen – around £580 million –...
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May 3, 2023
Brooks Running Continues Growth in Q1 With Record Sales in EMEA Region
Brooks Running is continuing its growth in the first quarter, after a record 2022. In the first quarter of 2023, the Seattle-based performance running brand reported 20 percent year-over-year global revenue growth, including a record 32 percent increase in the Europe, Middle East, and Africa (EMEA) region. FN
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May 2, 2023
A Triathlon Champion’s Positive Test Jolts the Sport, Creating a Soap Opera
Collin Chartier tested positive for erythropoietin, the well-known illegal stamina enhancer. It came as a shock to devotees of one of the ultimate endurance pursuits, where stamina is everything. NYT
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May 1, 2023
Rad Power Bikes has a 4th round of layoffs
Rad Power Bikes has been one of the fastest-growing e-bike brands in the U.S. In October 2021, after it announced the latest $154 million financing round that brought the total of investments to $329 million since its inception, the company claimed it was the world's best-funded e-bike brand in the...