News Topics
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February 1, 2024
Hoka and Ugg Help Deckers Achieve ‘Largest Quarter in History’ in Q3
Shares for Deckers Brands were up nearly 6 percent in after-hours trading on Thursday as the footwear company reported its largest quarter in history driven by its star Hoka and Ugg brands. The Goleta, Calif.-based footwear company reported net sales in the third quarter of 2024 increased 16 percent to...
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February 1, 2024
Peloton Shares Down on Lower Outlook, Mixed Fiscal Q2 Results
Peloton Interactive reported* that total revenue was down 6 percent to $743.6 million for the fiscal second quarter ended December 31, 2023, compared to the company’s guidance range of $715 million to $750 million. Connected Fitness segment revenue was $319.1 million in the quarter, down 16 percent from $381.4 million...
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January 31, 2024
What Does Red Bull’s 51% Stake in Bora-Hansgrohe’s Parent Company Mean for International Cycling?
Professional cycling almost saw two of its largest teams merge and compete, as on Soudal-Visma. The spark fizzled out in this deal, but come 2024, the face of cycling may just be undergoing its first major change. Energy drink and marketing mogul Austrian company Red Bull is all set to...
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January 31, 2024
Doping-approved “Enhanced Games” receives millions in financial backing
The man behind the doping-enthused Enhanced Games, Aron D’Souza, has revealed he received millions of dollars in financial backing for his entrepreneurial idea a year and a half before his first planned Games in the summer of 2025. In an interview with Sifted magazine, D’Souza revealed that he has teamed up with...
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January 30, 2024
First Olympic Esports Games could arrive in 2025
"Next year or 'by 2026 at the latest'," International Olympic Committee (IOC) President Thomas Bach told Xinhua Sports last Monday. That's the date being considered for the first Olympic Esports Games, which Japan is bidding to host and where "artificial intelligence will play an important role". The steps we have...
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January 30, 2024
Your Brain Doesn’t Want You to Exercise
If the benefits of physical activity were distilled into a pill, everyone would be on it. Studies show that moving improves nearly every aspect of health: boosting sleep, strength, and mental well-being while slashing the risk of chronic conditions and premature death. What’s more, studies show that exercise has a...
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January 30, 2024
Gympass Hits 2.6M Subscribers as Corporate Wellness Demand Grows
Gympass reached a staggering 2.6 million subscribers in the month of January, when many consumers typically turn towards wellness and fitness initiatives, and over 400 million cumulative employee check-ins across its partner network. The corporate wellness platform also reports that it grew its customer base to over 15,000 in 2023,...
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January 30, 2024
How to Watch: 2024 US Olympic Trials Marathon | Track and Field
Here's how to watch the 2024 US Olympic Trials Marathon on FloTrack. The 2024 US Olympic Trials Marathon starts on Feb 3, 2024. Video footage from the event will be archived and stored in a video library for FloTrack subscribers to watch for the duration of their subscription. Flotrack
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January 30, 2024
Improving fitness may be linked to a 35% lower risk of prostate cancer, study finds
Plenty of research has linked regular exercise to a lower risk of cancer, but a new study suggests that getting into better shape could reduce the risk of prostate cancer in particular, a diagnosis that around 113 out of every 100,000 men get every year in the U.S. The research,...
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January 30, 2024
U.S. Olympic Marathon Trials unveil huge prize pool
We are less than a week away from one of the most exciting pre-Olympic qualification events: the 2024 U.S. Olympic Marathon Trials (on Feb. 3). Not only will the top three men and women have the opportunity to represent Team USA in the marathon at the 2024 Paris Olympics, they...
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January 30, 2024
Miami Marathon finisher medals spark airport security concerns
Finishers of the 2024 Miami Marathon on Jan. 28 were warned, but still, hundreds of participants went home without their medals when the TSA (Transportation Security Administration, for Canadians) confiscated the medals, likening them to deadly ninja throwing stars. The 2024 medal is shaped like a golden sun with the...
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January 29, 2024
Ironman taps Equinox president as new CEO in effort to woo more type-A executives
Ironman Group said Monday that it has hired the president of the high-end gym chain Equinox, Scott DeRue, to be its next chief executive as the endurance sports event organizer navigates a drop in race participation a decade after its peak. DeRue, who joined Equinox in 2021 to help the...
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January 29, 2024
Athletes fight — and win — over $1 million bicycle dispute
Mountain View triathlete Jimmy Dworkin puts himself through the paces. “I’ve been doing triathlons since 1995,” he said. But lately, he’s endured an unexpected obstacle course: a marathon battle over his custom bike. To compete in Spain in September, Jimmy paid a company he’d previously used, called TriBike Transport, $824...
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January 28, 2024
How was fugitive Kaitlin Armstrong caught? She answered U.S. Marshals’ ad for a yoga instructor
One month after Kaitlin Armstrong disappeared, the U.S. Marshals were in hot pursuit of her in another area of Costa Rica. A source had suggested she might have gone to a small village on the Pacific coast. The U.S. Marshals took a ferry to reach a remote peninsula. Once there,...
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January 25, 2024
David Lappartient hints that AI could combat mechanical doping in pro cycling
UCI president David Lappartient travelled to Abu Dhabi to attend the MyWhoosh presentation, grateful the indoor cycling app is to become a sponsor of the outdoor road World Championships and curious about a future role MyWhoosh’s data could play in the fight against mechanical doping. MyWhoosh has replaced Zwift as...
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January 25, 2024
Can Arnold Schwarzenegger Build the Ultimate Fitness App?
Arnold Schwarzenegger has done it all: former professional bodybuilder, actor, businessman, politician. Now 76, The Terminator is focused on his wellness media company, Arnold’s Pump Club, and a new fitness app. Dubbed “The Pump,” the app opened as a soft launch to its 5,000 founding members last April, quickly amassing...
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January 24, 2024
Target Goes All-In on Wellness
Target is leveling up its product offerings, making wellness its bullseye in 2024. The Minneapolis-based retailer is introducing over 1,000 new budget-friendly wellness products across apparel, accessories, skincare, supplements, functional beverages, vitamins and tech categories. Athletech News
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January 24, 2024
How Much Does It Cost To Be A Competitive Trail Runner?
In so many ways, elite trail runners are extremely fortunate folks. They spend a lot of their time on a sport we all love. They compete in bucket-list events on breathtakingly beautiful routes. Occasionally, the rest of us get to peek behind the curtain at the highs and lows of...
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January 24, 2024
Runners Are Racing More than Ever
This month, Strava released its annual Year in Sport, with fascinating insights about where running might be headed. Running was the most-uploaded sport in 2023. (Hear that? That’s the sound of job security!) Most runners log their miles solo, 9 percent are in groups of three or more people, and...
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January 23, 2024
Electric Bike Market Value Projected at $62B
The global electric bike market is currently valued at $49.1 billion. With a compound annual growth rate (CAGR) of 4.9%, the market is projected to reach $62.3 billion by 2023–2030, predicts Persistence Market Research. The increasing awareness of environmental sustainability, government incentives and advancements in battery technology are driving market expansion. RV...
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January 22, 2024
MyFitnessPal Appoints New CEO, Collabs With Kate Hudson
MyFitnessPal has named Mike Fisher as its new CEO, a move that comes after the global nutrition and food tracking app recently announced a new partnership with Kate Hudson. Fisher, who has previously served at Etsy, Quigo, AKF Partners and PayPal, succeeds Dinesh Lathi, who will remain involved with MyFitnessPal...
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January 22, 2024
The 14 Best Wellness Retreats in the World for Active Travelers
Health and wellness is highly personal. Sometimes our bodies want a challenging mountain trek and a big dose of carbs. Or, after I’ve adventured hard, I might crave a nourishing week of yoga or a few days of planted-based meals and mindfulness sessions, preferably on a beach somewhere. Other times,...
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January 21, 2024
Peloton Offloads Output Park Factory in $33M Deal
Peloton has sold its spacious Peloton Output Park (POP) facility and land in Ohio to First Solar for a cool $33 million. The commercial real estate transaction closed on January 11, according to Wood County records. Athletech News
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January 19, 2024
Sports Illustrated’s Publisher Guts Staff. Future Unclear
Staffers at Sports Illustrated were notified on Friday of massive layoffs—some immediately, others in short time, with potential for the entire staff to be gone in three months. Authentic, the licensing group that purchased Sports Illustrated for $110 million from Meredith five years ago, has terminated the agreement it holds with The Arena Group to publish SI...
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January 19, 2024
PTO backs Michael Epstein’s Zuma Foundation bid for Malibu Triathlon
Last fall the triathlon world was rocked when Michael Epstein, the founder and former owner of the Malibu Triathlon, managed to win back the permits to put on a triathlon in the city, shutting Super League Triathlon out of the event it had purchased a few years earlier. Through a...