News Topics
November 7, 2022
Recall: Rad Power Bikes
The tire rim strip could be misaligned, causing the tube to pop and damage the tire. The tires with a ribbed sidewall could also go flat unexpectedly, posing injury from loss of control and/or crash. The company has received 137 reports of the tires blowing out, deflating and separating from...
November 7, 2022
Who Wore Which Shoes at the New York City Marathon?
Linden’s shoes weren’t the only speedy outliers among the top 25 men’s and women’s finishers. While Nike, Adidas and ASICS shoes were the most prevalent brands among elite runners, there were several shoes that aren’t yet available to the public. Outside Online
November 6, 2022
‘An inordinate impact’: climate crisis leaves its footprint on trail running
More than 5,000 people lined up for Ultra-Trail Australia (UTA) on the last weekend in October, making it the largest trail running event in the country and, according to the race organisers, the second-largest in the world. But the multi-day event, which includes 50km and 100km ultramarathons, nearly didn’t go...
November 4, 2022
Dick’s Sporting Goods Launches $50M Investment for Next Generation of Sports Companies
Dick’s Sporting Goods announced the launch of DSG Ventures, a $50 million in-house fund that will invest in innovative companies that will help shape the future of sport. To start, the initiative will focus its efforts on companies and rising entrepreneurs that directly serve athletes and their communities, or that...
November 3, 2022
OR Show, Surf Expo Parent Sees Q3 Revenues Decline 18 Percent
Emerald Holding, Inc. reported a sales decline of 18.4 percent due to the shift in the timing of events in the current year versus the year-ago period. Emerald hosts over 140 yearly venues across multiple industries. The active outdoor events include Outdoor Retailer, Surf Expo, The Sports Licensing & Tailgate...
November 3, 2022
Endurance Marketing Inc. acquires Madison race
Endurance Marketing Inc. said it has acquired Run Madtown, an annual series of competitive races in Madison, Wisconsin. EMI, founded in 2003, is a full-service, event management and production firm specializing in endurance sports. Run Madtown joins The Fort2Base Race on the North Shore as wholly owned and operated by...
November 3, 2022
Bosch furthers European eBike output with Portuguese investments
Bosch will quickly build upon its recently announced Slovakian eBike production investment by simultaneously investing in Portugal, according to local media. A team of 300 is reportedly to be recruited in order to build a production team in the Ovar region where Bosch already has a significant presence outside of...
November 3, 2022
Peloton shares tumble after company offers weak holiday quarter outlook
Pelotonposted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. The company’s shares fell nearly 10% in morning trading Thursday. As of Wednesday’s close, Peloton’s stock has dropped about 75% so far this year. CNBC
November 3, 2022
Under Armour Shares Jump After Reporting Better-Than-Expected Q2 Results
Under Armour shares got a lift on Thursday after the company reported better-than-expected results for the second quarter. The Baltimore-based brand reported revenues of $1.6 billion, up 2% over last year. Net income was $87 million and adjusted diluted earnings per share was $0.20. Both earnings and revenues exceeded the...
November 3, 2022
The U.S. Olympic and Paralympic Governing Body Getting Into NIL
On Wednesday, the organization announced it had launched a name, image, and likeness collective called “Watch Us Thrive.” It’s the first U.S. Olympic and Paralympic governing body to dive into NIL. The collective is “another aspect of USA Triathlon’s collective dedication to ensuring women’s triathlon as a NCAA Championship Sport...