News Topics
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November 14, 2023
On Running boosts 2023 outlook, tops Q3 earnings estimates
On Holding (ONON) reported its third-quarter earnings, with the apparel company posting $543.8 million in quarterly revenue, exceeding an expected $518 million from analysts. The company boosted its outlook for the rest of the year, expecting full-year revenue of $2.03 billion. Yahoo Finance Anchors Brad Smith, Seana Smith, and Executive...
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November 14, 2023
Running vs. Walking: Which Is Better for Lasting Health?
Walking is among the world’s most popular forms of exercise, and far and away the most favored in the United States. And for good reason: It’s simple, accessible and effective. Taking regular walks lowers the risk of many health problems including anxiety, depression, diabetes and some cancers. However, once your...
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November 13, 2023
TriBike Transport In Crisis, Future Uncertain
TriBike Transport is struggling to re-establish financial footing today, with some athletes' bikes in transit facing an uncertain destiny, while IRONMAN stepped in to backstop the fate of athletes traveling to and from its events. Below is the immediate situation facing athletes who have recently used or intend to use...
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November 9, 2023
A New Study Asks, “Can Running Really Replace Antidepressants?”
Titled “Antidepressants or running therapy: Comparing effects on mental and physical health in patients with depression and anxiety disorders,” the researchers behind the study investigated the impact of running on two of the most common mental health issues: depression, which affects more than 21 million American adults each year; and...
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November 9, 2023
Raleigh set for restructure and job cuts
British cycling brand Raleigh has announced that it will be making job cuts alongside an internal restructuring. Attributing the changes to a challenging market, the company will be shutting down its parts and accessories department as well as outsourcing its warehousing and logistics. In an interview with ITV, a spokesperson...
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November 9, 2023
Wolverine Sees New Round of Layoffs as It Looks to Further ‘Streamline’
Wolverine Worldwide is accelerating its transformation plan as it looks to “streamline” the organization. As part of this plan, the Rockford, Mich.-based footwear company on Thursday revealed a new global workforce reduction and organizational redesign. While Wolverine has not disclosed the number of employees affected by this move, the company...
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November 9, 2023
Can Specialty Run Handle More Competition? Is the ‘Super Shoe’ Here to Stay? + More Burning Questions for the Running Market
The running market continues to be the hot spot in athletic footwear, and everyone wants a piece of it. For instance, Nike, which had been prioritizing its direct-to-consumer channels, renewed its partnerships with non-athletic retailers Macy’s and DSW earlier this year. And Hoka — FN’s Brand of the Year and...
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November 8, 2023
Adidas Ekes Out Growth in Q3 on Gains in all Regions Except North America
Adidas posted a 1 percent increase in currency-neutral (c-n) revenues in the third quarter of 2023. The company said the top-line development reflected the company’s conservative sell-in approach aimed at reducing high inventory levels, improved sell-through as well as the company’s focus on full-price sales across its own channels. In...
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November 8, 2023
Running may boost inflammation-fighting cells that enhance performance, study finds
A new study reported in The Harvard Gazette has shed more light on how exercise helps the body boost its ability to fight inflammation, which in turn improves performance. The study, done in mice, suggests the possible role of the exercise in both reducing inflammation and improving performance. Exercise triggers...
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November 7, 2023
Future of Tour of Britain in doubt after British Cycling ends deal with race organiser
The future of the Tour of Britain is in serious doubt after British Cycling withdrew from a deal with race promoter Sweetspot, with the termination reportedly centering around allegations that the company owes around £700,000 in race licence rights fees. The dispute means that the UK's biggest professional bike race could be...
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