News Topics
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December 6, 2023
Cyclists Race Up America’s Steepest Street
The Dirty Dozen is a very cool race format. Rather than being a mass start race, There are waves of riders who softly pedal between the hills and race on the climbs. It is sort of like a reverse enduro! The course is intense. Twelve hard efforts like that are...
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December 6, 2023
Nike and Lululemon Post Epic Retail Traffic Surges on Black Friday
Lululemon will report fiscal third-quarter results after the market closes on December 7 and Nike will report fiscal second-quarter results after the market closes on December 21. Today, LULU shares are up 27x from its adjusted IPO price on July 1, 2007, while NKE shares are up 7.9x over the...
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December 5, 2023
BowFlex Risks NYSE Delisting Over Low Market Cap
BowFlex, the Washington-based fitness equipment maker formerly known as Nautilus, has received notice from the New York Stock Exchange (NYSE) warning the company that it isn’t in compliance with continued listing standards, which requires it to maintain an average global market capitalization of at least $50 million over a 30-day...
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December 5, 2023
Valencia Marathon to offer one million dollars for a world record
It’s no secret that the Trinidad Alfonso Valencia Marathon in Spain boasts one of the fastest courses and deepest marathon fields in the world. For the second consecutive year, the men’s and women’s winner in Valencia has recorded a time under 2:01 and 2:16. While Valencia isn’t part of the...
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December 4, 2023
Xponential Fitness Acquires Lindora Weight Loss Clinics
Focused on weight management and metabolic health, Lindora clinics offer GLP-1s like Ozempic, IV drips, hormone replacement therapy, and cold laser therapy, among other treatments. Expanding its empire beyond exercise, XPOF will acquire Lindora’s intellectual property and take over 31 existing clinics, with plans to franchise the brand globally. Fitt...
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December 4, 2023
Strava introduces messaging feature
As of Monday, the messaging feature will be available for all Strava users (on mobile only). Look for the speech bubble icon in the top right corner of the Strava home screen and group tabs. If you can’t find it, restart your Strava app and make sure you have version...
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December 4, 2023
Brooks CEO Jim Weber and President Dan Sheridan on Fueling Growth in China and Europe, Tapping into the Retro Running Boom + More
Late last week, CEO Jim Weber and president Dan Sheridan spoke with FN on the final day of The Running Event (TRE), the annual running industry trade show held in Austin, Texas. During the event, Brooks revealed several products it expects to impress all types of running consumers throughout 2024,...
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December 3, 2023
Malibu appears to have dumped Super League and given the triathlon race permit back to the previous race director
In a crazy turn of events it appears that the former race director/ owner of the Malibu Triathlon, Michael Epstein, who sold the race to Super League Triathlon in 2020, has somehow managed to win back the only triathlon permit granted in the city, leaving Super League without a race....
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December 1, 2023
Runna Raises $6.3M for Running Coach App
Runna, a personalized running coach app that debuted in 2021, has closed another venture capital round, raising £5 million ($6.3 million), bringing Runna’s total raised funds to over £8 million ($10 million). JamJar led the latest funding, which included participation from Eka Ventures, Venrex and Creator Ventures. Since its launch,...
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December 1, 2023
Insurance companies push back against e-bikes
E-bikes are flying off the shelf, and for good reason. Not because they're cited as the solution for everything from reducing traffic congestion to improving diabetes. But because they help riders go farther and faster than a traditional bike, cost less than a car, and emit 99 percent less carbon...
