News Topics
May 14, 2025
Foot Locker Sparks Retail Optimism As Stock Soars On Report Of $2.3B Buyout By Dick’s Sporting Goods
Foot Locker (FL) shares surged nearly 70% after the closing bell on Wednesday after a report said the shoe retailer is close to being acquired by Dick's Sporting Goods (DKS). MSN
May 14, 2025
185% Tariffs: How the Trade War Hit One Shipment of T-Shirts
This is a customs form that companies must file to import goods into the United States. In recent days, these forms have become living documents that show how President Trump’s tariffs are squeezing businesses. The New York Times
May 14, 2025
Olympic cyclist Rohan Dennis receives suspended sentence over wife’s death
Former Olympic cyclist and world champion Rohan Dennis has received a suspended sentence over a charge linked to a crash that caused the death of his wife. INDEPENDENT
May 13, 2025
‘OEM rebound’ fuels Giant Group revenue growth
Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year. The company had revenue of NT$16.85 billion ($550 million) in the quarter, up from NT$16.06 billion last year. Gross margin rate was 17.8%...
May 13, 2025
On Holding’s Q1 Sales Top Expectations, Trims FY Profits Guidance
On Holding AG reported key financial and operating metrics for the three-month period ended March 31, 2025, compared to the three-month period ended March 31, 2024, include: Net sales increased by 43.0 percent to CHF 726.6 million, or by 40.0 percent on a constant-currency basis; Net sales through the direct-to-consumer (DTC) sales channel increased by...
May 13, 2025
1 man dies, 3 more taken to hospital from Thousand Oaks half marathon as temps soared
A 38-year-old Camarillo man died May 10 while participating in a half marathon on a Thousand Oaks trail as temperatures soared into the 90s, authorities said. VC Star
May 12, 2025
$5.2 billion: Economic impact of the world’s marathons on the communities where they run
The world's strongest marathon brand is the London Marathon with a Brand Strength Index (BSI) score of 90.1 out of 100. Brandirectory
May 9, 2025
Researchers make disturbing discovery after analyzing athletes’ bodies: ‘We’re only just beginning’
While exposure to microplastics is unavoidable no matter who you are, they surround athletes almost by necessity. Athletes eat plastic-wrapped nutrition bars and drink from plastic water bottles, as they're lightweight and easily handled mid-training or during competition. They wear lightweight, elastic, breathable gear made from plastic materials. They spend...
May 9, 2025
Canadian Entrepreneurs Save This Iconic MTB Brand
From GT hitting tough times, Rocky Mountain Bicycles restructuring to avoid bankruptcy, Light and Motion shutting down, Ignite Components closing, and Revel Bikes announcing its recent turbulence, the industry has a clear trend of negativity. BIKE MAG
May 9, 2025
Fox Factory sees growth in bike-product sales, but it’s ‘too early for a victory lap’
Fox Factory saw first-quarter year-over-year sales growth across its three divisions, including a 6.6% increase in sales in its Speciality Sports Group, which contains its bicycle and baseball/softball brands. Bicycle Retailer