News Topics
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June 8, 2021
Sporting Goods Giants Continue Seeing Record Numbers
Academy Sports reported its Q1 earnings Tuesday, highlighting a recent string of record-breaking quarters in the sporting goods industry. The company saw its highest-ever gross margin, increasing 89.2% to $563.7 million. Net sales jumped 39.1% year-over-year to $1.58 billion. But Academy Sports isn’t the only sporting goods store trending upward. Front Office...
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June 8, 2021
Hashimoto insists Tokyo 2020 will go ahead as 10,000 volunteers quit over COVID-19
It has been reported that 10,000 of the 80,000 volunteers for the Games have quit, largely because of coronavirus fears. However, Tokyo 2020 President Seiko Hashimoto insists this year’s Olympic and Paralympic Games will take place as planned - unless the majority of teams are unable to travel to Japan...
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June 7, 2021
The Great U.S. Bicycle Shortage
A boom demand, a trade war, and pandemic have combined for major price inflation in the bicycle business. With demand high and supply low, prices for bikes and parts can be 15-25% higher than usual. Front Office Sports
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June 7, 2021
Wolverine Worldwide Expects Second Quarter 2021 Revenue To Exceed Second Quarter 2019
Wolverine World Wide Inc. said it expects second-quarter 2021 revenue to exceed 2019 levels due to better-than-expected trends across nearly all brands in its portfolio led by Merrell, Saucony and Sperry. SGBMedia
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June 7, 2021
Sport Acuity acquires Tri247 endurance media business
Sport Acuity has acquired a controlling stake in Tri247 – the company behind the 247 group of endurance sport websites. Chief among them is Tri247.com, alongside Run247.com, which are leading platforms for elite to starter athletes. Endurance.biz
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June 7, 2021
Study: lower stride rate associated with higher risk of bone stress injuries
A recent study of Division 1 university cross-country runners has added more evidence to support the theory that a low step rate was a risk factor for bone stress injuries. Canadian Running
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June 7, 2021
The Fast and the Furious: Electric Bikers and Cyclists Compete for Trail Space
Bicyclists says e-bikers zip by recklessly, motorized bike enthusiasts say pedal crowd is just as bad; “increasing rudeness.” WSJ (paywall)
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June 6, 2021
Alistair Brownlee disqualified for ‘ducking’ and faces Olympic omission
Alistair Brownlee’s hopes of winning a third successive Olympic title appear to be over after he was disqualified for “ducking” a rival during a World Triathlon Championship Series race in Leeds. The Guardian
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June 4, 2021
Bicycle industry sees first stock exchange index tracker
Set to launch on the Frankfurt stock exchange on the 21st of June, the bicycle industry will get its first stock exchange index tracking 20 of the trade’s largest listed names. The index management will be handled by asset management firm Daubenthaler and the index will be called BeneFaktorIndex® Bike. Cycling Industry...
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June 3, 2021
China bans ultramarathons and off-road races after 21 die in Gansu tragedy
China has issued a ban on all ultramarathons and off-road running races following the recent tragedy at the Huanghe Shilin Mountain Marathon at which 21 runners died on May 22. The General Administration of Sport of China has declared a range of running disciplines as insufficiently regulated and lacking well-defined...
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