News Topics
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February 23, 2023
Planet Fitness’ Q4 Tops Wall Street Targets
Planet Fitness, Inc. reported fourth-quarter profits more than doubled, beating expectations and forecasted an upbeat full-year outlook following strength in its December national sales, which helped to drive “record membership growth.” Excluding nonrecurring items, adjusted earnings per share increased to 53 cents, topping Wall Street’s consensus estimate of 47 cents....
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February 23, 2023
Relatives of athletes rescued from ultramarathon claim ‘poor safety planning’ put lives at risk
Relatives of competitors taking part in an ultramarathon who had to be rescued from the remote route in bad weather claim they were in serious danger and their lives put at risk by “poor safety planning” by the event’s organisers. Stuff
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February 22, 2023
110 Ultra Trail Runners Evacuated from Race Course
A 7-day, 6-stage ultra-marathon on the South Island of New Zealand, was interrupted by severe weather earlier this week, which resulted in several athletes needing to be rescued, according to the New Zealand Herald. Rains quickly became intense, causing the Arrow River to rise in the wee hours of the...
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February 21, 2023
Influencer under fire for blocking Austin Marathon route with ebikes
The 2023 Austin Marathon's biggest story to come out of the race is not one of triumph or success, but one of disruption and annoyance. Influencer Matt Choi of Gaithersburg, Md., upset many of his fellow runners as he attempted to get the best footage possible for his social media. A...
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February 21, 2023
Trail Ultra Project: New Report Analyzes the Habits and Characteristics of Trail Runners and Ultrarunners
The project began with a survey launched in 2022 — which we invited you to participate in — which took a deep dive into the habits of trail runners and ultrarunners, and the demographics that make up our diverse community. Almost a year on, having received more than 1,000 responses...
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February 21, 2023
Brooks Running achieves record revenue in 2022, builds momentum into the new year
Brooks Running crossed the finish line in 2022 with record global revenue, up 6% over 2021 with growth in all regions, and direct-to-consumer sales up 16%. The brand navigated supply chain obstacles during the first half of the year, returning to complete inventories in the back half with a record...
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February 21, 2023
Fox Factory Acquires Custom Wheel House
Fox Factory Holding Corp. agreed to acquire Custom Wheel House, LLC (CWH) from Thompson Street Capital Partners and other sellers for $131.6 million. This acquisition complements Fox’s upfitting and lift kit business and broadens its product offering in a growing automotive industry segment. SGB Media
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February 21, 2023
Porsche assumes complete ownership of Greyp e-bike brand
After acquiring a majority interest in the Greyp in 2021, Porsche announced it has assumed complete ownership of the e-bike brand. The sports car manufacturer's venture capital segment, Porsche Ventures, had held about a 10% stake in Greyp since 2018. Bicycle Retailer
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February 20, 2023
Quell Raises $10M In Series A Funding Round
Quell, the UK-based fitness gaming developer and publisher, completed a $10 million Series A funding round led by Tencent with follow-on investment from Khosla Ventures, Heartcore Capital, Social Impact Capital, and entrepreneur Naval Ravikant. This latest round brings Quell’s total financing to $15.6 million. The Series A round enables Quell...
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February 20, 2023
Over 40? Just 20 Minutes of Daily Exercise Can Keep You Out of the Hospital
Researchers found that among nearly 82,000 British adults, those who regularly exercised were less likely to be hospitalized for various health conditions in the coming years. The list included such common ills as pneumonia, stroke, diabetes complications and severe urinary tract infections. US News
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