News Topics
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February 23, 2022
Wolverine Delivers Revenue Growth of Nearly 25% in Q4 as Merrell, Saucony Hit 2021 Sales Records
Wolverine Worldwide reported strong fourth quarter and fiscal 2021 results as the footwear conglomerate faced supply chain challenges head on. The company – which owns Merrell, Saucony, Sperry, Keds and more – saw revenues of $635.6 million in the fourth quarter of 2021, up 24.7% versus the prior year. As...
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February 22, 2022
UCI turns from Red Bull to Discovery Sports for Mountain Bike World Cup
The familiar go to for Mountain Bike World Cup coverage, Red Bull, looks set to change from 2023, with the Union Cycliste Internationale (UCI) announcing that it had entered into exclusive negotiations with Discovery Sports for the organisation and promotion of the series. The races will remain with Red Bull...
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February 22, 2022
World Triathlon enters the blockchain through partnership with NFT Design Works
The partnership will bring triathlon fans the opportunity to own and trade exclusive, unique digital moments in the sport for the first time, in the form of official Non-Fungible Tokens (NFTs). NFT is a digital asset that exists on a blockchain. The blockchain serves as a public ledger, allowing anyone...
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February 22, 2022
Brooks Is Now a Billion-Dollar Brand
The running brand broke sales records in 2021 and ended the year with global revenue in excess of $1.11 billion, marking a 31% percent increase from 2020. In North America, revenue was $889.1 million, representing a 33% growth from 2020. The company’s e-commerce channels in North America grew 149% compared to...
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February 21, 2022
Harley-Davidson report $41.3 million in e-bike sales is just the start
As part of it’s yearly financial reporting, Harley-Davidson has disclosed that the LiveWire brand, which it launched in 2019 with an electric motorcycle of the same name, made $41.3 million from children’s e-bicycle sales across 2019, 2020, and the first 3 quarters of 2021. Cycling Industry
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February 20, 2022
Peloton’s Ride Gets Bumpier
Over the past year, Peloton has been shrouded in controversy, and the at-home fitness company is facing another challenge on the road to recovery after warehouse workers revealed the company knowingly sent tarnished bikes to customers, according to the Financial Times. To keep up with high demand during the pandemic,...
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February 18, 2022
Leaked email outlines Nike’s new return-to-office plan, which ‘happily’ coincides with the brand’s 50th anniversary
Most Nike workers will return to the company's US offices in time to celebrate the brand's 50th anniversary. The sportswear giant sent an email to employees Wednesday outlining the company's new "phased return" to its offices. A copy of the email was reviewed by Insider. Business Insider
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February 17, 2022
6 types of drugs banned by the Olympics, and how they affect athletic performance, from marijuana to trimetazidine
Elite athletes competing at the Olympics and other international sporting events are banned from using certain medications and drugs, on the grounds that they may present safety risks, give unfair advantages, or violate the "spirit of sport," according to the World Anti-Doping Agency (WADA). Insider
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February 17, 2022
Your Brain Fatigues First In Running. Cycling? It’s Your Muscles
While the outward manifestation of fatigue—the reduction in force of muscle contraction—is universal, it turns out the reasons that fatigue accrue are different in different sports. Guillaume Millet, professor of exercise physiology at Jean Monnet University (St-Etienne, France), recently published a study on those differing mechanisms of fatigue in running...
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February 17, 2022
Former Portland Marathon president indicted for fraud, tax evasion
A federal grand jury in Portland charged the former president and event director of the Portland Marathon on Thursday for defrauding the charity, Acting U.S. Attorney Scott Erik Asphaug of the District of Oregon announced. The jury charged 80-year-old Lester V. Smith of Tomball, Texas with wire fraud and tax evasion....
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