News Topics
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November 4, 2020
Breakaway professional cycling union launches for men’s peloton
A new representative body for pro male cyclists has officially launched this week with the intention of securing top road riders a greater say in how the sport is run. The Riders Union is spearheaded by a five-member board including cycling agents Andrew McQuaid, Michael Rutherford and Thibault Hofer, and...
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November 4, 2020
Endurance Exchange: ‘Athlete Insider’ track, keynote and Mike Reilly to emcee
USA Triathlon has announced Olympic speedskater Apolo Anton Ohno as a keynote speaker for the second annual Endurance Exchange. The 2021 edition will be hosted by USA Triathlon on Jan. 21-23, 2021 and will be held virtually to offer greater flexibility, reduce costs and eliminate the need for constituents to...
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November 3, 2020
The 50 Best Places to Work in 2020
Work life got turned upside down this year, and many people are just thankful they have any job at all. But some companies have gone above and beyond to not just survive, but thrive. Outside lists the 50 places which topped the list.
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November 3, 2020
Big Data Reveals New Marathon Training Approaches
Tracking what successful marathoners actually do reveals new optimal training patterns of hard weeks and easy weeks. Read more on Women’s Running.
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November 3, 2020
Nike Is Now Laying Off 700 — Not 500 — Workers at Oregon HQ
The Swoosh, which indicated in a WARN notice in July its plans to lay-off 500 HQ workers, has upped that number to 700 job cuts, and expects to complete the staff reductions by Jan. 8, 2021. Read more on Footwear News.
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November 2, 2020
What does the future of road racing look like during a pandemic?
The coronavirus pandemic has already changed road racing, maybe irrecoverably. It's a sport that brings together tens of thousands of everyday athletes in tandem with elite runners -- on a single course, often for the duration of a day. So while just about every major sport has been able to...
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November 2, 2020
Emerald Holding takes earnings beating on cancelled shows
You know them for your favorite trade shows that didn't happen this year including Outdoor Retailer, SurfExpo and others. The company reported revenues of $8.5 million in the third quarter ending September 30 compared to revenues of $75.6 million for the third quarter of 2019, a decrease of 88.8 percent....
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November 2, 2020
Tour de France 2021 route revealed
Next year's course for the world's most watched cycling event has been announced. Scheduled to begin on June 26, 2021, riders will tackle Mont Ventoux twice on stage 11 before finishing down in the town of Malaucène. A summit finish in Tignes will also take place on stage nine, two...
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November 2, 2020
Under Armour is selling MyFitnessPal and exiting stores
While other companies are "all in" on fitness platforms primarily resulting from the growing online workout boom, Under Armour is taking a loss on its MyFitnessPal acquisition it made just five years ago for $475M. The company is selling the diet- and exercise-tracking app to investment firm Francisco Partners for...
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October 29, 2020
Skechers (SKX) Tops Q3 Earnings and Revenue Estimates
Skechers came out with quarterly earnings of $0.53 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.67 per share a year ago. Skechers posted revenues of $1.30 billion for the quarter ended September 2020. Read more on Zacks.
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October 29, 2020
Harley-Davidson unveils a gorgeous new electric bike called Serial 1
The stunning new electric bike that it says will go on sale in March 2021 - and the motorcycle manufacturer is also spinning out its e-bike division as a separate company, called Serial 1 Cycle. Read more on The Verge.
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October 29, 2020
Wall Street suddenly loves bike companies thanks to cycling boom
In October, Canyon, a high end, direct-to-consumer bike brand, announced that it was in talks with private equity and buyout firms. A sale could bring in $592 million and start a trend. Find out what other companies are making waves here.
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October 29, 2020
Lululemon Wants to Achieve Full Pay Equity for Gender and Race by 2022
The athletic apparel and accessories chain announced today that it has developed a long-term strategy to become a more equitable business through inclusion and diversity, as well as minimize its environmental impact. It set 12 ambitious goals, which involve commitments to invest $75 million into wellbeing programs by 2025, expand...
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October 29, 2020
Hoka Drives Stellar Quarter for Deckers Brands
Deckers Brands posted a monster quarter with sales rising 14% in constant currency, driven by 83% growth in its running brand Hoka One One. The brand, which has been on a tear for quite some time, increased 83% to $143 million. Nearly every brand in the company portfolio grew during the...
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October 28, 2020
Whoop, maker of the fitness tracker that pro athletes love, is now valued at $1.2 billion
Some of the biggest names in sports are investing in the wearable company Whoop amid a global pandemic. The fitness tracking company announced it closed a $100 million financing round. Whoop is the fitness tracker of choice for a number of pro athletes, now used to help monitor potential symptoms...
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October 28, 2020
Shimano’s Earnings Climb In Nine Months
Shimano Inc. reported earnings rose 10.4% in the nine months ended September 30 despite a 2.0% dip in sales. Earnings reached ¥47,231 million, up from ¥42,799 million a year ago. Sales were ¥264,174 million against ¥269,523 million. Operating income increased 7.7% to ¥54,300 million and ordinary income increased 5.7% to...
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October 28, 2020
How to Run a Race in a Time of Surging Coronavirus
Runners registered for races must decide whether they feel comfortable racing in-person and, if so, how they can best protect ourselves and other runners. To learn more and gather cautions and reassurance about racing safely, New York Times spoke with race officials and infection-control researchers. This is what they had...
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October 28, 2020
Next year’s Boston Marathon will be postponed, BAA announces, with eye toward Fall 2021 date
The marathon will not be held on its traditional Patriots' Day date in 2021, but the org is aiming to reschedule the race later in the year. Massachusetts' reopening plan, which prohibits road races until the state can enter Phase 4, is cited as one of the reasons for the...
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October 27, 2020
Triathlon Apparel Brand HUUB Secures Pre-Launch £575,000 Crowdfunding After 681% Sales Lift
The British triathlon apparel brand secured the investment in a 48-hour private launch ahead of the public release of a crowdfunding campaign on Oct. 28. HUUB had set a minimum target of £250,000 on the Crowdcube platform and blew past this within hours. Read more on Forbes.
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October 27, 2020
The Cyclists’ Alliance: Women’s cycling faced unique set of challenges due to COVID-19
A new survey conducted by advocacy group The Cyclists' Alliance shows inequity in medical support for women's teams. Read more on VeloNews.
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October 27, 2020
Coronavirus’s Toll on Marathons and Other Races: A 95% Drop
Last Sunday’s four-mile race in New York’s Central Park had no runners bunched shoulder-to-shoulder, no cowbell-clanging spectators. This race used to draw about 5,000 runners, but on Sunday, it capped at 300. This is what recovery looks like in the road-race industry. Read more on The Wall Street Journal.
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October 26, 2020
2021 Running USA Industry Conference cancelled
Running USA made the difficult decision to cancel its 2021 Industry Conference, which was previously set for February 2021 in New Orleans. All registered attendees have received communications with their follow-on options laid-out. Read more on Endurance.Biz.
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October 26, 2020
Women Are Better Runners Than Men [2020 Analysis]
An analysis that covers 2,348,505 marathon results achieved during the 2009-2019 period sought to see the differences in pace throughout a marathon between women and men. The data has shown that women are 18.33% better at keeping an even pace than men. They burn out less in the 2nd half...
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October 26, 2020
Thule rides bike boom to 45% growth in Q3
Sales for the third quarter ending in September were SEK 2,436 million ($278 million), up from SEK 1,682 million ($192.1 million) from the third quarter 2019. The COVID-19 pandemic caused Thule's sales to decrease 4.9% in the first quarter and 11.6% in the second quarter. Read more on Bicycle Retailer.
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October 26, 2020
Giro d’Italia stage 19 shortened by 100km after riders refuse to race full course.
The refusal was due to the length of the planned 258km in dreary conditions, coming after a tough week of mountainous racing in cold weather and before a tough final test up the Sestriere tomorrow. Read more on Cycling Weekly.