News Topics
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December 23, 2021
Under Armour, Columbia Facing Headwinds
Under Armour and Columbia were downgraded by market analysts Stifel, highlighting the challenges facing the sports category. Analyst Jim Duffy lowered the two brands from “Buy” to “Hold” — while lowering Nike’s price target but maintaining its “Buy” rating. The analyst foresaw short-to-mid-term concerns limiting the upside of both brands....
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December 23, 2021
BikeExchange acquires US bike delivery service Kitzuma
Online cycling marketplace BikeExchange has acquired US-based bike delivery service Kitzuma for $3.375 million (£2.5 million). Australian firm BikeExchange said it made the acquisition to help drive its e-commerce-first strategy, with the aim of improving both seller and customer experience. Bike Biz
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December 22, 2021
Medalist announces the end of the Tour of Utah
The Tour of Utah is no more. Medalist Sports president Chris Aronhalt announced today that the race — already postponed the last two years for COVID — would no longer continue because of inadequate sponsorship. VeloNews
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December 22, 2021
How Exercise May Affect Our Alcohol Consumption
People who work out regularly and are aerobically fit tend to guzzle a surprising amount of alcohol, according to a new study, well timed for the holidays, of the interplay between fitness, exercise and imbibing. New York Times (paywall)
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December 22, 2021
People Are Suing New Balance, Saying Its ‘Made in USA’ Claims Are Deceptive
A new class action lawsuit is going after New Balance’s use of the phrase “Made in the USA.” New Balance customers on Monday filed a complaint in a U.S. District Court for the District of Massachusetts against the footwear maker regarding its shoes that feature the phrase “Made in USA.”...
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December 22, 2021
Study: how does lack of sleep affect running performance?
Sleep is one of the easiest ways to improve athletic performance, a fact that has been proven again and again by exercise physiologists, athletes and coaches. Unfortunately, many runners still don’t get adequate amounts of sleep each night, and so are missing out on an opportunity to perform better in...
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December 21, 2021
Fitness Apps Market Could Be Worth $120.37B by 2030
According to a study by Allied Market Research, in 2020, the fitness apps market was worth a total of $13.78 billion, and the compound annual growth rate would be 24.3%. The study suggested that an increased awareness of “a healthy lifestyle” and “diet-related diseases,” as well as an increased use of devices...
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December 21, 2021
Jan Ullrich hospitalised after relapse, according to report
Jan Ullrich has been taken to hospital, following a reported relapse into alcohol addiction. The 48-year-old was reported by the newspaper Bild to have been in Cuba, celebrating his birthday with friends. Cycling Weekly
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December 21, 2021
Want to prevent injuries? Wear cushioned shoes
The highly cushioned shoe versus the minimalist shoe debate has been a topic of conversation among runners for years, but it appears the pendulum is swinging in the direction of cushion. In a recent study, researchers found that runners who wore more cushioned shoes experienced lower rates of injuries than those...
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December 21, 2021
Thousands of JD Group Stores To Sell ABG’s Reebok
Reebok, purchased by Authentic Brands Group in August, will now be sold in thousands of JD Group stores thanks to a new agreement between the companies. The non-exclusive deal comes after ABG announced plans to buy Reebok from Adidas for $2.46 billion — the acquisition is set to close in Q1 2022. JD Group, which...
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December 21, 2021
Vietnam factory closures cause Nike to cancel 130M units
As a result of three months of closures and limited production volume as it ramped back up its factories in Vietnam, Nike had to cancel 130 million units. Despite the challenges, the company's net revenue in Q2 edged up 1% to $11.4 billion while net income grew 7% to $1.3...
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December 21, 2021
Google Assembles an Apple Watch Competitor
Google is taking another swing at smartwatches. The tech giant is said to be in the final stages of development for its long-rumored Pixel Watch and is anticipating a 2022 product launch. Fitt Insider
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December 21, 2021
Orbea licenses part of its shock integration technology to Canyon
Canyon will partially license Orbea's patented rear-shock lockout cable routing technology. Orbea's patent for the "Inside Line" covers improvements to the lockout routing, enhancing aesthetics and providing a more direct path between the shock and remote lever. BRAIN
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December 20, 2021
Cyclist and Cycling Electric acquired by London publisher Metropolis
Cyclist and sister title Cycling Electric have been acquired by London Publishing House Metropolis, which has also secured the assets of Fortean Times and VIZ from a holding group. Metropolis is largely a B2B publisher, hosting titles such as MotorTrader, New Civil Engineer, Property Week, Drapers and Money Marketing, among many others....
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December 20, 2021
After Nearly 36-Hour Search, Missing Ultrarunner Earl Blewett Found at Florida 100-Mile Race
Around 9:30 p.m. on Saturday, December 18, a 57-year-old runner disappeared during a 100-mile race in Titusville, Florida. Today at 8 a.m., local police announced they’d found the man — not seriously injured, but “disoriented.” Blewett, a veteran of over 80 ultramarathons, triggered a search starting at around 11 p.m....
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December 17, 2021
Echelon Heats Up Peloton Rivalry with New Bike
The 125-pound EX-8S bike — which sells for $2,399 — features a 24-inch HD touchscreen display that flips 180-degrees. It also supports Wi-Fi and Bluetooth connectivity. Front Office Sports
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December 17, 2021
The former Nike Oregon Project changes team name to Union Athletic Club
One of the world’s best-known professional running clubs has found a new name after the Nike Oregon Project was abolished, coincident with the four-year ban of ex-head coach Alberto Salazar. The new name, Union Athletic Club, was announced on the Elevation Om YouTube page and confirmed by Chris Chavez on...
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December 16, 2021
Study: Listening to Drake Significantly Slows Down Runners
According to a study conducted by Pour Moi, a British fashion retailer, listening to Drake during a run is not going to set you up for a personal best. As part of a promotion for the shop’s new activewear, Pour Moi rounded up a number of runners and had them repeat the same three-mile...
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December 16, 2021
Future Publishing to cease ProCycling publication
Future Publishing has opted to discontinue ProCycling Magazine and will transfer existing subscriptions to Mountain Bike Rider magazine. Cycling Industry News
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December 15, 2021
How Exercise Affects Metabolism and Weight Loss
A new analysis of data from “The Biggest Loser” highlights the complex ways the body compensates when we drop pounds. Now a new scientific analysis of the show and its aftermath, published last month in the journal Obesity, suggests many beliefs about “The Biggest Loser” may be misconceptions. The analysis tries...
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December 15, 2021
CriticalPoint Capital Completes Sale Of JackRabbit To Fleet Feet
Affiliates of CriticalPoint Capital, LLC announced the closing of the sale of JackRabbit to Fleet Feet. Headquartered in Denver, CO, JackRabbit is the second-largest running specialty retailer in the U.S. and is the largest franchisor of locally-owned and operated running stores. SGB Media
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December 15, 2021
Corporate Well-Being Platform Gympass Acquires Trainiac
Trainiac, a one-on-on fitness platform, is now Trainiac by Gympass. The latter announced its acquisition of the one-on-one fitness platform on Wednesday. The news comes after Gympass’ $220 million funding round in June valuing the company at $2.2 billion. At the time, Gympass said it had more than 750,000 training sessions booked for more than 50,000...
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December 15, 2021
Apple, Amazon Vie for Piece of Growing Wearable Tech Market
The fitness wearables market is poised for huge growth over the next seven years — and companies and investors are taking notice. Separate reports from Grand View Research and Fortune Business Insights placed the fitness wearable market at $34.6 billion and $36.3 billion, respectively. Fortune predicted compound annual growth of...
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December 15, 2021
Shimano gets fake clearance website taken down
Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site. Shimano warned the public about the site in October. Bicycle Retailer
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December 14, 2021
How long does it take to get out of running shape?
Most runners worry that if they break, all of their training will go to waste, but a 2008 study in the Journal of Physiology suggests that what changes is the body’s ability to consume and process oxygen. In only two weeks of inactivity, your body loses the ability to consume and process oxygen...