News Topics
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May 27, 2021
UCI and Zwift reveal schedule for Olympic Virtual Series cycling events
A month after the UCI announced its partnership with Zwift to host the inaugural Olympic Virtual Series cycling events, the event schedule has now been unveiled. The Olympic Virtual Series — a new virtual event launched by the International Olympic Committee (IOC) — will run from June 1-27. Cycling News
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May 26, 2021
The Pro’s Closet receives $40M in funding
The additional $40 million in Series B funding that will be used by the used bike and component retailer to grow its workforce, develop new technological customer solutions, and possibly expand into new regions. It is considering options to establish a presence outside Colorado, but did not provide specifics. This...
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May 26, 2021
Climate change could push temperatures at the Tokyo Olympics to the ‘danger-zone’ for athletes, report warns
If COVID weren't enough, intense heat and high humidity could pose a serious risk to athletes at this year's Tokyo Olympics, according to a new report. The report, published Wednesday by the British Association for Sustainable Sport, details the concerns of leading athletes and scientists about the health impacts of...
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May 26, 2021
Vista Outdoor acquires two companies, including an e-bike brand
Vista Outdoor, the parent company of CamelBak, Giro, Camp Chef, and others, has acquired e-bike maker QuietKat and the “hunt athleisure” brand Venor, adding to its portfolio of outdoor companies. OBJ
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May 26, 2021
The Best Time of Day to Exercise for Metabolic Health
Late-day exercise had unique benefits for cholesterol levels and blood sugar control, a study of overweight men eating a high-fat diet found. New York Times
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May 26, 2021
Dick’s Sporting Goods Reports Highest-Ever Quarterly Earnings
The retailer announced its first-quarter earnings Wednesday, recording a 119% increase in revenue to $2.92 billion compared to the $1.33 billion it reported in Q1 2020 — when Dick’s was forced to shut down its stores due to the global pandemic. Front Office Sports
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May 25, 2021
After 21 runners died during an ultramarathon, will the endurance sport look inward and explore whether it has become too extreme?
Critics have argued that some of these races have begun to blur the lines between the rugged and the reckless, and in the process, shifted the definition of an endurance race from conquering long distances to surviving the elements. NYT
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May 25, 2021
US advises against travel to Japan as Olympics approach
The US State Department has warned US citizens not to travel to Japan, citing the country’s high level of Covid-19 infections. The travel advisory comes less than two months before the Olympics are set to begin on the 23rd July and places Japan alongside nations that Americans are recommended to avoid...
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May 24, 2021
The Rise of The Ultra Athletes: Why More Women Are Signing Up Now Than Ever
Female athletes are killing it right now, and nowhere is that more apparent than with long-distance endurance races. But why are more women signing up and why now? Women's Health
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May 24, 2021
A shepherd saved six runners from extreme weather during deadly ultra-marathon in China
A shepherd in northwest China has been credited with saving six trail runners from dangerously extreme weather, according to state media. Twenty-one other runners died during the 100-kilometer (62-mile) race on Saturday. According to China National Radio, Zhu Keming was grazing his sheep near the high-altitude Huanghe Shilin Mountain in Gansu...
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May 24, 2021
Final IRONMAN Triathlon Competitor, a COVID Nurse, Crosses Finish Line At 4 am
The final IRONMAN race athlete, Sue Richardson, a COVID-19 nurse from Virginia Beach, crossed the finish line at 4 a.m. on Monday morning as crews were breaking down the race setup and all of the race officials had gone home. News on 6
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May 24, 2021
European private equity firm acquires Stromer
Naxicap Partners, a European private equity firm, has reached an agreement to acquire Stromer, the Swiss-based e-bike brand. Details of the agreement were not disclosed. The transaction is subject to customary approvals. Stromer was founded in 2009. It merged with BMC in 2011 and then with new investment it separated from BMC in 2016....
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May 24, 2021
Peloton To Break Ground For First U.S. Facility This Summer
The at-home fitness company announced plans to build its first U.S. factory for $400 million, adding to its third-party manufacturers in Asia and acquired U.S. businesses. Plans for the Ohio facility come after complaints of month-long shipping delays and a string of investments focused on meeting demand. Peloton reported its first...
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May 23, 2021
Why Aren’t Races Requiring Vaccination?
The Boston Marathon and the New York City Marathon are making triumphant returns this fall. Neither is requiring vaccination for participants. NY Times
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May 23, 2021
21 runners dead after ‘disastrous weather’ hits ultra-marathon in China
Twenty-one people were killed after hail, freezing rain and high winds hit runners taking part in a 100-kilometre cross-country mountain race in China. Among the dead in Gansu province were elite Chinese long-distance runners, local media reported. The 42
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May 20, 2021
Study finds that 28 per cent of runners started during the pandemic
A recent study from RunRepeat found that 28 per cent of current runners got started in the sport during the pandemic. The study surveyed close to 4,000 individuals, and it found out more about these new runners and what they want out of running. Read more on Canadian Running
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May 20, 2021
Hoka Propels Deckers to Stellar Quarterly Earnings and Sales
For the three months ended March 31, the group posted an income of $54.6 million, or earnings of $1.18 per share, compared with the prior year period’s income of $16.7 million, or earnings of 57 cents per share. Hoka One One recorded a 74.2% gain to $177.5 million. FN
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May 19, 2021
This Race Director Wants More Black and Brown Athletes to Try Cyclocross
In early April, Randy Locklair, 41, the membership director for the Century Road Club Association (CRCA) in New York City, announced that he was starting a cyclocross team called BE Cyclocross. And the team was to be focused on getting more Black and Brown athletes into the sport. Locklair put a...
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May 19, 2021
Under Armour Increases Its Minimum Pay Rate to $15 Per Hour
Under Armour announced up to a 50% increase in its minimum pay rate for hourly teammates in the United States and Canada from a minimum of $10 per hour to $15 per hour. As a result, more than 8,000 part-time and full-time teammates – approximately 90% of the Retail and...
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May 19, 2021
Peloton releases software fix for recalled treadmills
The new automatic software update adds a new “Tread Lock” feature that stops and locks the belt after 45 seconds of non-use outside of a class. Users will be required to enter a four-digit code to unlock the belt and start it again. NBC News
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May 18, 2021
Equinox Shifts Business Plan, Scores Big With App
Equinox is using a “tribrid” model for at-home, in-person, and outdoor workouts. Additionally, the company owns SoulCycle and began selling stationary bikes last year. Front Office News
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May 18, 2021
Ironman Lake Placid to Require Proof of Vaccination
Town officials approved the popular Ironman Lake Placid to move forward this summer, scheduled for July 25, with a number of COVID modifications. Most notably, athletes, volunteers, and staff will be required to get vaccinated and show proof of their COVID-19 vaccine. Triathlete
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May 18, 2021
Why Is Nike Still Backing Alberto Salazar?
Would Nike really double down in defense of the most polarizing figure in professional running if they didn’t think he could clear his name? Conversely, if the Salazar brand is irredeemable, why doesn’t the Swoosh cut him loose? These are the underlying questions in Nike’s Big Bet, a new documentary which draws...
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May 17, 2021
European equity fund acquires a third of Selle Royal Group
Selle Royal S.p.A., — which produces and markets saddles and accessories under the Selle Royal, Fizik, Crank Brothers, Brooks and PedalEd brands — has received a major investment from the Wisequity V Fund. The fund has acquired a one-third share in the company. Bicycle Retailer
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May 17, 2021
Gwen Inglis, reigning cycling national road race champion, killed on a ride by suspected DUI driver
Gwen Inglis, one of Colorado’s foremost cyclists, was struck and killed on a training ride in Lakewood on Sunday morning by a driver who police suspect was intoxicated. Denver Post
