News Topics
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January 23, 2024
Electric Bike Market Value Projected at $62B
The global electric bike market is currently valued at $49.1 billion. With a compound annual growth rate (CAGR) of 4.9%, the market is projected to reach $62.3 billion by 2023–2030, predicts Persistence Market Research. The increasing awareness of environmental sustainability, government incentives and advancements in battery technology are driving market expansion. RV...
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January 22, 2024
MyFitnessPal Appoints New CEO, Collabs With Kate Hudson
MyFitnessPal has named Mike Fisher as its new CEO, a move that comes after the global nutrition and food tracking app recently announced a new partnership with Kate Hudson. Fisher, who has previously served at Etsy, Quigo, AKF Partners and PayPal, succeeds Dinesh Lathi, who will remain involved with MyFitnessPal...
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January 22, 2024
The 14 Best Wellness Retreats in the World for Active Travelers
Health and wellness is highly personal. Sometimes our bodies want a challenging mountain trek and a big dose of carbs. Or, after I’ve adventured hard, I might crave a nourishing week of yoga or a few days of planted-based meals and mindfulness sessions, preferably on a beach somewhere. Other times,...
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January 21, 2024
Peloton Offloads Output Park Factory in $33M Deal
Peloton has sold its spacious Peloton Output Park (POP) facility and land in Ohio to First Solar for a cool $33 million. The commercial real estate transaction closed on January 11, according to Wood County records. Athletech News
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January 19, 2024
Sports Illustrated’s Publisher Guts Staff. Future Unclear
Staffers at Sports Illustrated were notified on Friday of massive layoffs—some immediately, others in short time, with potential for the entire staff to be gone in three months. Authentic, the licensing group that purchased Sports Illustrated for $110 million from Meredith five years ago, has terminated the agreement it holds with The Arena Group to publish SI...
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January 19, 2024
PTO backs Michael Epstein’s Zuma Foundation bid for Malibu Triathlon
Last fall the triathlon world was rocked when Michael Epstein, the founder and former owner of the Malibu Triathlon, managed to win back the permits to put on a triathlon in the city, shutting Super League Triathlon out of the event it had purchased a few years earlier. Through a...
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January 18, 2024
Chinese marathon runner, 52, is disqualified for CHAIN-SMOKING throughout entire race – which he finished in 3hr 33min
A Chinese marathon runner who chain-smoked his entire way through a 26.2 miles race has been disqualified, despite achieving a competitive time. Uncle Chen, nicknamed the 'Smoking Brother', managed to complete the Xiamen Marathon in three hours and 33 minutes on January 7 this year. But despite crossing the finish...
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January 18, 2024
Who Earns Most in Pro Cycling? Report Ranks Salaries, from Pogačar to Van der Poel and Beyond
Pogačar has been reported as the highest earner in pro cycling for several years. UAE Emirates’ centrepiece topped the WorldTour rankings every year since 2021 and brings sponsor-pleasing charisma both on and off the bike. The 25-year-old’s current deal with UAE Emirates stretches through 2027, meaning he’s got a cool...
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January 18, 2024
Hyperice Casts Wider Net in Defense of Massage Gun Patent, Files 16 More Suits
Hyperice, the high-performance wellness brand and innovator of percussion, dynamic air compression, thermal, vibration, and contrast therapy technology, filed 16 additional lawsuits in Federal Court on Tuesday, January 16, 2024 against Sharper Image, HoMedics, Ekrin Athletics, and more than a dozen others, including retailers CVS, Costco, Walgreens and Kohl’s, related...
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January 18, 2024
Asics, Ugg, and On Saw Massive Growth on StockX in 2023, According to Year-End Report
Asics, which broke a number of its own sales records last year, jumped from tenth to fifth on the resale platform’s list of top-selling sneaker brands, thanks to a 239 percent boost in sales. StockX also reported a 240 percent growth for MSCHF, in large part due to the virality...
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