News Topics
May 24, 2021
Peloton To Break Ground For First U.S. Facility This Summer
The at-home fitness company announced plans to build its first U.S. factory for $400 million, adding to its third-party manufacturers in Asia and acquired U.S. businesses. Plans for the Ohio facility come after complaints of month-long shipping delays and a string of investments focused on meeting demand. Peloton reported its first...
May 23, 2021
Why Aren’t Races Requiring Vaccination?
The Boston Marathon and the New York City Marathon are making triumphant returns this fall. Neither is requiring vaccination for participants. NY Times
May 23, 2021
21 runners dead after ‘disastrous weather’ hits ultra-marathon in China
Twenty-one people were killed after hail, freezing rain and high winds hit runners taking part in a 100-kilometre cross-country mountain race in China. Among the dead in Gansu province were elite Chinese long-distance runners, local media reported. The 42
May 20, 2021
Study finds that 28 per cent of runners started during the pandemic
A recent study from RunRepeat found that 28 per cent of current runners got started in the sport during the pandemic. The study surveyed close to 4,000 individuals, and it found out more about these new runners and what they want out of running. Read more on Canadian Running
May 20, 2021
Hoka Propels Deckers to Stellar Quarterly Earnings and Sales
For the three months ended March 31, the group posted an income of $54.6 million, or earnings of $1.18 per share, compared with the prior year period’s income of $16.7 million, or earnings of 57 cents per share. Hoka One One recorded a 74.2% gain to $177.5 million. FN
May 19, 2021
This Race Director Wants More Black and Brown Athletes to Try Cyclocross
In early April, Randy Locklair, 41, the membership director for the Century Road Club Association (CRCA) in New York City, announced that he was starting a cyclocross team called BE Cyclocross. And the team was to be focused on getting more Black and Brown athletes into the sport. Locklair put a...
May 19, 2021
Under Armour Increases Its Minimum Pay Rate to $15 Per Hour
Under Armour announced up to a 50% increase in its minimum pay rate for hourly teammates in the United States and Canada from a minimum of $10 per hour to $15 per hour. As a result, more than 8,000 part-time and full-time teammates – approximately 90% of the Retail and...
May 19, 2021
Peloton releases software fix for recalled treadmills
The new automatic software update adds a new “Tread Lock” feature that stops and locks the belt after 45 seconds of non-use outside of a class. Users will be required to enter a four-digit code to unlock the belt and start it again. NBC News
May 18, 2021
Equinox Shifts Business Plan, Scores Big With App
Equinox is using a “tribrid” model for at-home, in-person, and outdoor workouts. Additionally, the company owns SoulCycle and began selling stationary bikes last year. Front Office News
May 18, 2021
Ironman Lake Placid to Require Proof of Vaccination
Town officials approved the popular Ironman Lake Placid to move forward this summer, scheduled for July 25, with a number of COVID modifications. Most notably, athletes, volunteers, and staff will be required to get vaccinated and show proof of their COVID-19 vaccine. Triathlete