News Topics
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May 19, 2021
This Race Director Wants More Black and Brown Athletes to Try Cyclocross
In early April, Randy Locklair, 41, the membership director for the Century Road Club Association (CRCA) in New York City, announced that he was starting a cyclocross team called BE Cyclocross. And the team was to be focused on getting more Black and Brown athletes into the sport. Locklair put a...
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May 19, 2021
Under Armour Increases Its Minimum Pay Rate to $15 Per Hour
Under Armour announced up to a 50% increase in its minimum pay rate for hourly teammates in the United States and Canada from a minimum of $10 per hour to $15 per hour. As a result, more than 8,000 part-time and full-time teammates – approximately 90% of the Retail and...
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May 19, 2021
Peloton releases software fix for recalled treadmills
The new automatic software update adds a new “Tread Lock” feature that stops and locks the belt after 45 seconds of non-use outside of a class. Users will be required to enter a four-digit code to unlock the belt and start it again. NBC News
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May 18, 2021
Equinox Shifts Business Plan, Scores Big With App
Equinox is using a “tribrid” model for at-home, in-person, and outdoor workouts. Additionally, the company owns SoulCycle and began selling stationary bikes last year. Front Office News
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May 18, 2021
Ironman Lake Placid to Require Proof of Vaccination
Town officials approved the popular Ironman Lake Placid to move forward this summer, scheduled for July 25, with a number of COVID modifications. Most notably, athletes, volunteers, and staff will be required to get vaccinated and show proof of their COVID-19 vaccine. Triathlete
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May 18, 2021
Why Is Nike Still Backing Alberto Salazar?
Would Nike really double down in defense of the most polarizing figure in professional running if they didn’t think he could clear his name? Conversely, if the Salazar brand is irredeemable, why doesn’t the Swoosh cut him loose? These are the underlying questions in Nike’s Big Bet, a new documentary which draws...
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May 17, 2021
European equity fund acquires a third of Selle Royal Group
Selle Royal S.p.A., — which produces and markets saddles and accessories under the Selle Royal, Fizik, Crank Brothers, Brooks and PedalEd brands — has received a major investment from the Wisequity V Fund. The fund has acquired a one-third share in the company. Bicycle Retailer
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May 17, 2021
Gwen Inglis, reigning cycling national road race champion, killed on a ride by suspected DUI driver
Gwen Inglis, one of Colorado’s foremost cyclists, was struck and killed on a training ride in Lakewood on Sunday morning by a driver who police suspect was intoxicated. Denver Post
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May 17, 2021
New $3.3M Seed Pumps Up DeltaTrainer’s Platform
DeltaTrainer, a one-on-one remote personal training company, raised $3.3 million in a round of seed funding to boost development of its platform and wearable technology. The Pittsburgh-based company founded in 2018 provides fitness training based on tracking a user’s movements via Apple Watch motion analysis. Crunchbase
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May 14, 2021
Authentic Brands Group Reportedly Offers $1B For Reebok
Adidas has been trying to offload Reebok since December. And now, Authentic Brands Group, owner of Sports Illustrated and athletic apparel and equipment brands like Airwalk, Prince Sports, Tapout, and Volcom, reportedly made an offer to buy Reebok for $1 billion. Front Office Sports
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