News Topics
April 22, 2021
Skechers’ Profits Surge In First Quarter
Skechers U.S.A., Inc. saw its earnings double in the fourth quarter as sales grew 15%. International Wholesale sales grew 23.8% while direct-to-consumer (DTC) sales jumped 18.1%. The company also predicted sales would advance about 26% in 2021. SGB Media
April 22, 2021
Sales in the Americas fuels Thule’s 46% net sales gain in Q1
Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment. Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way. Bicycle Retailer
April 22, 2021
These New Eco-Friendly Running Shoes Are Great, Just Not For Running
These plant-based and recycled-material running shoes are stylish, comfortable — and not ready to be your daily trainers. Podium Runner
April 22, 2021
Race director of 2022 Cyclo-cross Worlds resigns
In a surprise announcement Wednesday, Brook Watts will be stepping aside as the race director for the 2022 UCI Cyclo-cross World Championships, as well as the 2021 World Cup, in Fayetteville, Arkansas. The move, effective immediately, comes just three weeks after Watts issued his opposition to a statewide bill, SB-354, from Arkansas Governor Asa...
April 22, 2021
IOC makes biggest esports statement yet with launch of Olympic Virtual Series
Five sports - baseball, cycling, rowing, sailing and motorsport - have signed-up for the mass participation initiative which will begin on May 13 ahead of the rearranged Tokyo 2020 Olympics. According to the IOC, the OVS will "mobilise virtual sport, esports and gaming enthusiasts all around the world in order...
April 21, 2021
Proposed Class Action Lawsuit Filed Against Peloton Over the Peloton Tread+
On Tuesday, a proposed class action lawsuit was filed against Peloton regarding safety issues with the Peloton Tread+. In the complaint, they allege that Peloton has marketed the Tread+ as being appropriate for families. The filing then goes on to allege that the Peloton Tread+ has unique design flaws, making...
April 21, 2021
Ice for Sore Muscles? Think Again.
Icing muscles after strenuous exercise is not just ineffective, it could be counterproductive, a new study in mice suggests. New York Times (paywall)
April 21, 2021
Nike names new assistant coach in Portland, Oregon
Sonia O'Sullivan will join former assistant coach of the Nike Oregon Project Pete Julian as the group prepares for the Olympics. She will be moving from her home in Melbourne, Australia, to the U.S. to join Julian, who is the former assistant coach to Alberto Salazar at the now-disbanded Nike Oregon Project....
April 21, 2021
Fitness Giant Xponential Planning to Go Public After Acquiring Rumble
Xponential Fitness is in talks to go public — again. The owner of several boutique fitness brands is circling the idea of an IPO for the second time after acquiring Rumble Boxing for $300 million last month. The company put talks of going public on the backburner when COVID-19 first hit. Justin...
April 21, 2021
Fitbit co-founder: Future for fitness is well beyond the wrist
Exclusive from CNET: CTO Eric Friedman talks with CNET about the company's first wearable under the Google umbrella. A Fitbit used to be a little gadget to count your steps. Those days are long gone: Fitbits are now continuous heart and sleep monitors, with aspirations that go even deeper. Now owned...