News Topics
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May 20, 2021
Study finds that 28 per cent of runners started during the pandemic
A recent study from RunRepeat found that 28 per cent of current runners got started in the sport during the pandemic. The study surveyed close to 4,000 individuals, and it found out more about these new runners and what they want out of running. Read more on Canadian Running
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May 20, 2021
Hoka Propels Deckers to Stellar Quarterly Earnings and Sales
For the three months ended March 31, the group posted an income of $54.6 million, or earnings of $1.18 per share, compared with the prior year period’s income of $16.7 million, or earnings of 57 cents per share. Hoka One One recorded a 74.2% gain to $177.5 million. FN
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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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