News Topics
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March 2, 2020
Nike, Columbia deep clean campuses as coronavirus reaches Oregon
On the heels of the first known coronavirus case in Oregon, Nike and Columbia are taking early action to help prevent the spread. Both businesses conducted deep cleans of their facilities over the weekend. Read more on The Oregonian.
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March 2, 2020
Sorry, hard core athletes, those electrolytes don’t help as much as you may think
Ultramarathoners and other endurance runners take note: You can't rely on electrolyte sports drinks and supplements to keep essential salt levels in balance and prevent illness during and after these grueling races, according to a new study. Read all about the study on CNN.com.
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February 27, 2020
Peloton and NMPA agree to settle copyright infringement lawsuit
Peloton and The National Music Publishers' Association (NMPA), the trade association representing all American music publishers and their songwriting partners, announced that they have reached an agreement to “fully settled the litigation brought last year by 14 NMPA members.” It was also announced that Peloton and the trade association entered into a joint...
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February 27, 2020
UAE Tour halted after two coronavirus cases confirmed at the race
Teams at the UAE Tour have been informed that the race has been cancelled after two Italians at the race have tested positive for coronavirus. The entire race is staying at hotels on Yas Island, just outside of Abu Dhabi and race officials have asked everyone to stay in their hotel rooms under lockdown....
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February 26, 2020
Court approves sale of Tough Mudder to Spartan Race – Tough Mudder Virginia to be first 2020 event.
Judge Sontchi of the The Bankruptcy Court of Delaware, approved the sale of Tough Mudder to Spartan Race. Kyle McLaughlin has been reinstated as CEO and Tough Mudder updated their US website to include eight Tough Mudder event weekends. Read more about the verdict on Obstacle Racing Media.
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February 25, 2020
IOC member casts doubt on postponing or moving Tokyo Games
Dick Pound, the longest-serving member of the IOC, estimates there’s a three-month window to decide the fate of the Tokyo Olympics, which are being threatened by the fast-spreading virus from China. Read more on Associated Press about the timelines and backup plan.
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February 25, 2020
Britain’s cycling team to lose top sponsor after Tokyo Games
The governing body of British cycling will lose its main sponsor after the Tokyo Olympics, potentially harming the long-term strength of the country’s top-performing sport at recent games. HSBC has decided to exercise a break clause midway through the eight-year partnership. Read more on the Associated Press.
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February 24, 2020
Spartan offers relief for cancelled Tough Mudder events
Spartan offers relief for cancelled Tough Mudder events. According to Spartan Race's CEO Joe Desena, Tough Mudder tickets for any event not held will be transferable to any other Tough Mudder event in 20/21. Additionally, registrants will also receive two Spartan open entries of any distance, anywhere in the world....
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February 24, 2020
Brooks Sports Sees 3.5 Percent Revenue Gain In 2019
Brooks Sports saw sales climb 3.5 percent in 2019 despite the opening of a new distribution center that presented logistical challenges, according to the annual report of the running brand’s parent, Berkshire Hathaway. Read more on SGB Media.
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February 20, 2020
Fitbit earnings show worst holiday sales performance since IPO amid Google acquisition
Fitbit Inc. holiday sales declined more than 12% to the lowest fourth-quarter total for the company since it went public amid an acquisition attempt by Alphabet Inc. according to an earnings report released Thursday afternoon. Fitbit reported fourth-quarter losses of $120.8 million, or 46 cents a share, on sales of $502.1 million,...
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