Latest Sports Breaking News
February 8, 2023
Pace-tuned run shoe start-up Vimazi aiming to secure US$1m in funding
Pacific Northwest based running shoe start-up Vimazi opened its most recent funding round for US$1 million in preferred stock this week. By engineering its shoes according to the pace of the runner, Vimazi’s pace-tuned technology claims to provide more shock absorption with less energy loss than other brands. Endurance.biz
February 8, 2023
Under Armour Beat Expectations in Q3 — And Footwear Was a Major Growth Driver
The Baltimore-based brand reported revenues of $1.6 billion, up 3% over last year. Net income was $122 million and adjusted diluted earnings per share was $0.16. Both earnings and revenues exceeded the expectations of analysts surveyed by Yahoo Finance. Yahoo Sports
February 7, 2023
Duo Jailed For Robbing British Cycling Star Cavendish At Knifepoint
Two men were jailed on Tuesday for robbing British cycling star Mark Cavendish and his wife Peta of their high-value watches in a knifepoint attack at their home in 2021. The pair broke into the property about 40 kilometres (25 miles) northeast of London in the early hours of November...
February 7, 2023
Ironman follows World Triathlon lead with super-shoe ban
Last December we reported that World Triathlon was banning super shoes like the ones Gustav Iden wore to win last October’s Ironman World Championship – now we’ve learned that Ironman will be following suit. Iden was one of a number of pros wearing shoes that will no longer be legal...
February 5, 2023
Zwift Continues to Level Up With $620M Investment
The company isn’t turning a profit yet, co-founder Eric Min told Bloomberg, but it recently raised $620 million in funding from investors including Amazon’s Alex Fund, KKR and Co., and Permira Holdings. FOS
February 4, 2023
If the Ironman World Championship Doesn’t Happen in Kona, Did It Even Happen?
The iconic one-day world championship event has outgrown the small town on the island of Hawaii. But will triathletes follow the race outside of Kona? NYT (PAYWALL)
February 2, 2023
The Richest Pro Triathletes of 2022
By race series, the total money breaks down to $4.9M from Ironman ($3.3M for full-distance races, including two world championships in 2022, and $1.6M for 70.3s), $5.6M from the PTO, and $800k from Challenge (including Clash). World Triathlon paid $1.9M for their World Triathlon Championship Series, while Super League offered...
February 2, 2023
MADE Bike Show sells out registration in record time
Celebrating the art of framebuilding, MADE, an all-new handmade bike show set to debut this summer, has sold out its exhibitor space in just one week's time — something the organizers say must be some kind of record. Cycling Weekly
February 2, 2023
Skechers Beats Expectations in Q4 Despite a 23% Drop in China Sales, Hits Annual Sales Record
Skechers sales in China dropped 23% in the fourth quarter, in part due to Covid-19 related restrictions and temporary store closures in November. Despite the slowdown, Skechers’ chief operating officer David Weinberg said in a statement that momentum will likely pick up in 2023, following recent improvements in the region....
February 1, 2023
How to be a greener cyclist: 10 steps you can take to reduce your cycling carbon footprint
I’m coming to the conclusion that the smaller the changes we make as cyclists in a bid to reduce our collective carbon footprint, the more achievable they are, and the more likely we are to adopt them for life. The question is, how can we spot the opportunities that make...