News Topics
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April 21, 2022
Lululemon, REI & Patagonia Score Top Marks for Their Resale Programs, According to ThredUp
ThredUp is hoping to make it easier for consumers to find companies that are active in the resale space with its newest initiative. On Thursday, the online resale platform debuted a new index, called Recommerce 100, that tracks which brands and retailers have launched resale programs and their potential impact...
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April 21, 2022
Trek buys 21 Florida based stores as retail landscape continues to change
It has been reported that Trek Bicycle Corporation has purchased 21 Orlando, Florida-based stores which make up the David’s World Cycle group. Bizjournals.com reports that an April 8th email from owners David and Yvette Sanborn, to customers, confirmed the transaction, with the David’s World Cycle’s website also addressing their customers...
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April 20, 2022
Fitr Training Closes SaaS Fit Tech Fundraising Round at $1,200,000 to Fuel Further Expansion
Fitr Training, the global SaaS business which provides unique all-in-one remote coaching software, announces the closing of its highly anticipated, oversubscribed fundraising round at $1,200,000. The additional cash reserves provide liquidity for the business to further increase its active user base, develop additional functionality within the platform, and increase staffing...
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April 20, 2022
Enjoy Wordle? Try Trackle–the new running version
Unless you have been living under a rock for the past six months, you’re aware of Wordle, the game that challenges users to guess the daily five-letter word in six or fewer attempts. A group of runners out of the U.K. has launched an unofficial modified version called ‘Trackle‘ based...
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April 20, 2022
lululemon Announces Five-Year Growth Plan to Double Revenue by 2026 to $12.5 Billion
Leveraging its proven formula and supported by the Company’s commitment to its Impact Agenda, the Company plans to double its 2021 revenue of $6.25 billion to $12.5 billion by 2026. Businesswire
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April 19, 2022
Speculation On Potential Athleta Spinoff Returns
Speculation that Gap, Inc. could explore a spinoff of its Athleta brand has returned. Speculation about the spinoff first arrived in July 2021 after the Wall Street Journal reported that Fabletics was looking to hire banks for an initial public offering that would value the Kate Hudson-founded Fabletics women’s activewear...
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April 19, 2022
Have You Noticed the Changes in Cycling Clothing?
You and I are “experts” in cycling apparel in that we have invested Gladwell’s hours riding in shorts, bibs and jerseys, and it feels like we’ve spent Gladwell’s money buying it all. But... since money and user hours are my only investments my comments are as consumer/spectator of the cycling...
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April 19, 2022
Who Wore What? These Were the Top Shoes at the 2022 Boston Marathon
In the context of super shoes, though, it may as well have been a head-to-head battle between Adidas and Nike–two Goliaths in the space. And though Nike had more racers finish in the top 15 wearing its shoes, the eventual 2022 Boston Marathon champion was wearing a pair of Adidas...
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April 19, 2022
What Americans Keep Getting Wrong About Exercise
In 2009, New York Times writer Gretchen Reynolds discovered something big: Readers loved to click on stories about tiny increments of exercise. That June, Reynolds wrote her first story about single-digit high-intensity interval training, or HIIT. The piece, titled “Can You Get Fit in Six Minutes a Week?,” described a study...
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April 18, 2022
Bradley Wiggins reveals he was sexually groomed by cycling coach at age of 13
Bradley Wiggins has revealed he was sexually groomed by a coach when he was just 13 years old. The 2012 Tour de France winner and three-time Olympic champion said he did not feel he could speak up at the time due to a difficult relationship with his stepfather. Independent.ie
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April 18, 2022
There’s New Data on How Your Arm Swing Affects Running
You can’t run fast without using your arms—or can you? Scientists have had a hard time agreeing on exactly why we swing our arms, and whether there are specific ways we can use our arms to speed ourselves up. The latest addition to a century’s worth of often conflicting research...
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April 15, 2022
Breaking Up With Peloton
The stationary bike’s convenience made it a pandemic winner, but some former fans are done working out at home. NY Times
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April 15, 2022
Nike’s new VP of digital design hails from Twitter and Netflix
Nike has hired Dantley Davis as vice president of digital design—a signal that Nike plans to make bold moves across its digital platforms. Fast Company
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April 14, 2022
The Unnecessary Fallout from Shelby Houlihan’s Doping Ban
The Bowerman Track Club failed its own athletes by not being transparent about its relationship with the suspended star. Outside
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April 14, 2022
As Running Sales Continue to Sprint Ahead, REI Is Making a Bigger Play for the Category
The retailer said on Thursday that it is continuing to invest in a multi-year strategy that builds upon recent category growth. According to REI Co-op, customer demand for running and fitness products has doubled since the height of the COVID-19 pandemic, and the retailer aims to meet this demand by broadening...
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April 14, 2022
It doesn’t take a lot of exercise to fight depression, study says
The meta-analysis, published Wednesday in the journal JAMA Psychiatry, looked at 15 studies involving over 190,000 people to determine how much exercise was needed to reduce depression. Adults who did activities equivalent to 1.25 hours of brisk walking per week had an 18% lower risk of depression compared with those who...
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April 13, 2022
Peloton Activist Investor Calls for Sale
Two months ago, Peloton bowed to shareholder pressure and removed John Foley as CEO. Now, an activist investor is agitating for a bigger change. Blackwells Capital renewed its call for Peloton to be sold, saying that the connected fitness giant cannot effectively reverse its slide as a public company. Blackwells...
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April 13, 2022
Why Bike Club NFT Ditched NFTs
After receiving waves of criticism, the world’s first blockchain-based cycling club pivoted away from NFTs. For now. In the weeks after its launch, Bike Club NFT generated waves of online criticism. Social media users labeled the club a scam and a Ponzi scheme and chastised its founders for tying the...
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April 13, 2022
New Balance Continues to Expand in Boston With an Innovative Multisport Facility
Today, the athletic giant revealed The Track at New Balance, which is located across from its global headquarters at Boston Landing. The company described the new building as a place where Team New Balance, as well as professional and community athletes, will train and compete year-round. Yahoo Life
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April 12, 2022
Rad Power Bikes lays off 100 employees, about 14% of staff, after raising $304M last year
Rad Power Bikes is slashing 100 jobs from its 725-person workforce as part of what the Seattle e-bike business describes as a restructuring. The cuts affect employees who helped power the company’s mobile services arm, which is shutting down, including those on the ground and at the Seattle headquarters. GeekWire
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April 12, 2022
Lululemon Rolls Out Resale Program to All US Stores
Lululemon is expanding its resale program across the U.S. The expansion comes after Lululemon launched a successful resale and trade-in pilot program across 80 stores in California and Texas last spring. Footwear News
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April 12, 2022
Is Zwift’s Anti-Doping Policy enough to eradicate cheating culture?
A group from Teesside University in Middlesbrough, UK, has published a review in which it claims Zwift fails to meet the purpose of its anti-doping policy. The review, published in the International Journal of Esports, states that due to significant limitations to the policy and a lackadaisical anti-cheating culture, Zwift...
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April 11, 2022
There’s a virtual dating event for Boston Marathon runners and enthusiasts
Filteroff, a video speed dating app, is hosting an April 11 event for people attending the Boston Marathon as runners, friends, family, or fans. Really, it’s for anyone who’ll be in town next weekend and cares about the race. West Observer
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April 11, 2022
Brooks Appoints Chief Running Advisor
Brooks has named the two-time US Olympian Des Linden its chief running advisor. Linden will help the running brand conceive and create new products and technology. SGB Media
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April 11, 2022
Police recover prototype CeramicSpeed bikes stolen from headquarters
Police have recovered all three prototype bikes that were stolen from headquarters of Driven, the drivetrain start-up connected with component brand CeramicSpeed, Bicycle Retailer and Industry News (BRAIN) has reported. The two prototype bikes are valued at $40,000 and $30,000 each while the third bike is valued at $12,000. Bikebiz