News Topics
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December 22, 2020
Ex-employee sues Specialized for wrongful dismissal, alleges sexual harassment
The graphic designer is charging that she was terminated in violation of federal and state civil rights and employment laws, claiming she endured a hostile work environment where women were treated as less competent than men and as sexual playthings for upper management. Bicycle Retailer
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December 22, 2020
Will the Home Fitness Boom Stretch Beyond the Pandemic?
What will be the new “normal” for fitness? Are people are going to rush back to crowded gyms? With the surge in sales of home fitness equipment and the popularity of home and gym workouts, it looks like people have adapted to new fitness and workout habits. Front Office Sports
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December 22, 2020
24 Hour Fitness Sees Bankruptcy Emergence By Year End
The U.S. Bankruptcy Court for the District of Delaware late Tuesday confirmed the reorganization Plan for 24 Hour Fitness, reducing approximately $1.2 billion of funded debt and expects to emerge from Chapter 11 by December 31, 2020. SGB Media
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December 22, 2020
They Went Out for a Bike Ride. They Never Came Home.
In 2020, Outside tracked every cyclist who was killed by a driver. And as the end of the year nears, the death toll is at 675 - mothers, fathers, sons, daughters, friends, husbands, wives, coworkers - who were riding for fitness, for fun, for transportation, but none of them returned...
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December 21, 2020
2020 Tour De France Winners Could be First Vaccinated in Sports
The 2020 Tour De France champion UAE Team Emirates will likely be the first major professional sports organization in the world to receive COVID-19 vaccines. The team’s cyclists and support staff — about 100 people — are considered relatively “high priority” due to the value Emirati authorities place on the...
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December 21, 2020
Peloton shares soar after company announces $420 million deal for fitness equipment maker Precor
Peloton shares soared Monday after the company announced it plans to acquire the exercise equipment manufacturer Precor for $420 million, with its stocks jumping more than 6% in after-hours trading. CNBC
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December 20, 2020
Writer and adventurer Roy Wallack dies after mountain biking accident
Wallack, a longtime contributor focusing on fitness and the outdoors to the Los Angeles Times, was an avid hiker, runner and cyclist who completed extreme challenges. Wallack was biking with friends on the Guadalasca Trail, when he crashed while riding down a steep trail and hit his head on a...
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December 19, 2020
Yahoo Finance Digital sales and China emerged as the twin pillars lifting Nike’s Q2 earnings
The sportswear giants’ Q2 revenue came in at $11.2 billion vs. $10.55 billion expected and $10.33 billion year over year. Earnings per share came in at 78 cents vs. 62 cents expected and 70 cents year over year. Digital sales and China emerged as the twin pillars lifting Nike’s Q2...
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December 18, 2020
DUI charges filed against box truck driver who killed five cyclists
The Clark County District Attorney’s office filed a criminal complaint against Jordan Barson for operating a vehicle with methamphetamine in his system when he drove off the road and onto the shoulder where he struck five cyclists, and resulting in substantial bodily harm to one other. VeloNews
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December 18, 2020
Dick’s SG Partners For Same-Day Delivery
Dick’s Sporting Good and Instacart announced that the companies have partnered to launch same-day delivery from more than 150 stores to provide another safe and convenient shopping option for its customers during the holidays and beyond. Stores impacted include Dick’s locations in Connecticut, Delaware, Georgia, Maryland, New Jersey, New York,...
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