Latest Sports Breaking News
May 10, 2023
Asics Corp. Posts 35 Percent Jump In Q1 FX Neutral Sales; Profits Surge 87 Percent
Asics Corporation reported that net sales jumped 44.6 percent year-over-year to ¥152.2 billion ($1.15 bn) in the first quarter ended March 31, and increased 35.0 percent year-over-year excluding foreign exchange effects. Profit attributable to owners of the parent company increased 86.9 percent to ¥16,310 million ($122.8 mm) mainly due to...
May 9, 2023
The future of e-bike drives: No chain, no belt, no wear?
In 2023, Eurobike will showcase a variety of new product innovation possibilities, some of which that were inconceivable until recently. The series hybrid is one of them. Whilst not a new idea, its consistent implementation on the bicycle has only recently been addressed: Replacing a drivetrain made of chainring, chain...
May 9, 2023
Under Armour Swings To Fiscal Q4 Profit On Footwear Growth; Inventory Up 44 Percent
Under Armour reported that revenue for the fiscal fourth quarter was up 7.5 percent to $1.40 billion (+10 percent currency-neutral) in the period ended March 31. Gross margin declined 310 basis points to 43.4 percent of sales in the period, driven primarily by higher promotions, mix impacts related to higher...
May 9, 2023
7-year-old Cincinnati marathon bandit renews controversy for Kentucky family
A couple who sparked controversy at last year’s Flying Pig Marathon in Cincinnati, Ohio when their six-year-old son joined them for the 42.2-km distance is again courting controversy as the boy, now seven, appears to have run at least the second half of the marathon course unregistered. Following a flurry...
May 9, 2023
Orbea’s annual report shows $438M in sales, 1,000-plus employees
Orbea has doubled its workforce in the last three years and now has more than 1,000 employees, with 80% of the in Spain's Basque Country. The brand, which is organized as a cooperative, reports 2022 sales of 400 million euros ($438 million), with 85% coming from export markets. After taxes,...
May 8, 2023
The Pretty People Are Coming For Your Hokas
It’s not often that triathletes, social media influencers, sneakerheads, and service workers have a similar fashion interest. But one brand born in the French Alps that fuses performance and a distinct aesthetic point of view seems to have united people all over the world—to the extent that it’s quickly pacing...
May 7, 2023
New York cyclists gather for the Blessing of the Bikes
Hundreds of New York City cyclists rolled into the Cathedral of St. John the Divine on Saturday for the annual Blessing of the Bikes. It's a 25-year-old tradition in which cyclists receive "blessings" to keep them safe on the roadways. CNN
May 5, 2023
Adidas Beats Revenue Expectations Despite Costly Yeezy Struggles
Adidas’ Yeezy crisis has hit the company hard — but its first-quarter financials were not as bad as expected. The sportswear giant reported $5.82 billion in Q1 2023 revenue — a 1% dip from $5.85 billion a year prior. Those numbers actually outperformed projections from financial analysts, who expected a...
May 4, 2023
Flying Pig updates age restrictions one year after 6-year-old’s participation sparked controversy
One year after a then-6-year-old boy's participation in the marathon sparked nation-wide controversy, organizers of the Flying Pig Marathon have implemented new age restrictions for runners. The updated age policy was sent to WCPO on Wednesday, just a few days ahead of the marathon. It says runners must be at...
May 4, 2023
Lance Armstrong, Tinashe Among Cast for Fox Reality Series ‘Stars On Mars’
This summer, Lance Armstrong, Marshawn Lynch, Ronda Rousey and Tinashe are among the 12 celebrities packing their bags for Fox’s “Stars on Mars,” an unscripted series originally ordered in April that takes put real world stars in competition to conquer the planet (via simulation of course) as they receive orders...
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