Latest Sports Breaking News
October 31, 2021
From Nike to Peloton, Supply Chain Issues Unavoidable
Global supply chain issues have affected major corporations, forcing them to rethink their manufacturing strategies. Some companies have even considered shifting to a more domestic approach. Read more to understand the current predicament corporations are faced with. Front Office Sports
October 29, 2021
Romanian police recover Italy’s stolen gold Pinarello track bikes
A week after the Italian national track team had 22 bikes stolen from their hotel at the UCI Track World Championships in Roubaix, Romanian police have recovered the several hundred thousand Euro haul in their country. The Pinarellos, which included four gold bikes used by Filippo Ganna and his gold medal-winning team pursuit teammates,...
October 28, 2021
Skechers Slightly Lowers 2021 Outlook On Q3 Miss
Profits at Skechers USA surged 61.0 percent in the third quarter ended September 30 on a 19.2 percent revenue gain, but both sales and earnings came were below guidance. The footwear giant slightly lowered its EPS and sales targets for the full year. Skechers achieved a new third quarter sales...
October 28, 2021
Olympics Draws $1.8 Billion in Revenue, But Comcast Mum on Profit
The long-delayed Tokyo Olympics paid off handsomely for NBCUniversal, as the company booked $1.76 billion in revenue over the course of the 17-day event. That marked a 9% increase compared to the $1.62 billion NBCU generated during the 2016 Summer Games in Rio. However, Comcast did not confirm that it had made a...
October 27, 2021
Fitness Segment Boosts Garmin’s Revenue to $1.19B
Garmin reported $1.19 billion in third-quarter revenue Wednesday — with net sales for its fitness segment growing 4% to more than $342 million. During the first three quarters of 2021, the company’s net fitness sales increased 26% from the same period last year. Known for its GPS devices, Garmin is making strides...
October 27, 2021
Shimano sales up 54% through first 9 months
Sales in Shimano's bicycle division were up 54% in the first three quarters of the company's fiscal year, compared to the same period last year. "Strong demand for bicycles remained at high levels in all markets, against a backdrop of the global cycling boom, triggered by the spread of COVID-19,"...
October 27, 2021
Oblivious spectator run over in scary caught-on-camera cycling crash
Police are investigating a collision that occurred near the end of the Cicloturista Condaca Salmor Bike Race, which takes place in the Canary Islands, between an unnamed cyclist and a spectator who inexplicably crossed into the road. Video of the incident shows the woman looking down on her phone as...
October 26, 2021
Cyclist survives mauling from brown bear in Alaska
The cyclist in a rural borough of Alaska managed to survive after he dropped to the ground to cover his head, kicking at the bear. Alaska Wildlife Troopers were notified of the attack after a man who was cycling along the Jack River noticed from 30 feet away that the bear...
October 26, 2021
The Georgina Marathon: a gamble that paid off in spades
At the end of July, co-race directors Cindy Lewis-Caballero and Sandie Orlando received approval from the town of Georgina, on Ontario’s Lake Simcoe, to put together the inaugural Georgina Marathon and Half Marathon, to take place Oct. 17. Both knew that two months seemed like an impossible timeline, but the...
October 26, 2021
Apple Expands Fitness+ as Brick-and-Mortar Gyms Bounce Back
Apple Fitness+ is expanding to 15 new countries as the at-home fitness movement persists alongside the return of gyms. The company has paired its subscription workout program with its signature wearable, offering six months of Apple Fitness+ with an Apple Watch purchase. The Watch tracks biometrics such as heart rate,...