News Topics
November 9, 2022
Squaw Valley 1960 Olympic Winter Torch sells for $720,000
The Squaw Valley 1960 Winter Olympic Games Torch, which was once in the possession of Walt Disney, has fetched $720,000 (£621,000/€714,000) at auction to an unknown buyer. Disney, who was the chairman of the Games Pageantry Committee, gave the Torch to film producer, writer and director Tom Leetch for his...
November 9, 2022
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO
Adidas (ADSGn.DE) further cut its 2022 outlook on Wednesday as it weighed the impact of its split from Ye, the rapper formerly known as Kanye West, but its shares rose on investor hopes a new CEO arriving from rival Puma can lead a fresh era of strength. Bjorn Gulden, who...
November 9, 2022
The 50 Best Places to Work in 2022
In a post-pandemic world, workers are demanding remote flexibility, more time off, and generous health benefits. These are the companies meeting that bar and more, while encouraging their employees to live an active lifestyle and allowing them to achieve a healthy work-life balance. Outside Online
November 8, 2022
Planet Fitness Revenue Bulks Up to $244.4M
Planet Fitness is making its pandemic comeback. The large fitness center operator reported third-quarter revenue of $244.4 million, marking a 58.4% increase from the same period last year. Net income reached $30.7 million, up $12 million from the same period the year prior. System-wide same store sales jumped 8.2%, and system-wide sales increased from...
November 8, 2022
Peloton settles pending litigation with rival Echelon
Peloton Interactive Inc and rival Echelon Fitness on Tuesday said they had settled all pending litigation between them, more than three years after Peloton sued the Tennessee-based fitness company for patent infringement. Echelon has agreed to stop using Peloton's patented leaderboard technology in on-demand classes, the companies said in a...
November 8, 2022
Ultrarunner Breaks 3 World Records — On a Manual Treadmill
Reichelt broke the records on Friday, Nov. 4, at the 23rd Street Life Time Fitness gym in Manhattan, N.Y. The event also served as a fundraiser for the Life Time Foundation, a nonprofit that partners with nationwide school districts to improve nutrition and health for children across the country. Gear...
November 7, 2022
WHOOP and TYR Partner to Optimize Swimming Performance
WHOOP, the human performance company, and TYR, the leader in swimming innovation, announced an apparel partnership to bring the world’s first truly smart swimsuits to market. The two brands have developed swimwear that pairs TYR’s famed performance-first fit and fabrics with WHOOP Any-Wear™ Technology to offer a new way to optimally...
November 7, 2022
Trek Bicycle and Bell Sports sue over cargo lost or damaged at sea
Bell Sports and Trek Bicycle are among the firms suing shipping companies over containers lost or damaged due to storms in the North Pacific in early 2021. The Maersk Essen 051, a 366-meter ship, lost more than 700 containers when it encountered heavy seas off Mexico on Jan. 16, 2021....
November 7, 2022
Nike, Lego, SAP, Visa: Why these brands are sector-leaders in sporting impact
This year’s Laureus Sport For Good Index celebrates the positive impact being made through sport by brands from a variety of sectors. SportsPro looks at how the class of 2022 are leading their industries in sustainability and using sport to further their purpose-led objectives. SP
November 7, 2022
World’s first real denim cycling shorts about to launch – and they could be worn by AG2R Citroën
Italian brand Rosti, the supplier of AGR Citroën (opens in new tab)'s team kit, unveiled its new ‘Bib Jeans’ at Rouleur Live, prompting speculation that the French UCI WorldTeam might be about to ditch its famous brown shorts for denim. Cycling weekly