News Topics
May 11, 2021
Outside’s 2021 Summer Buyer’s Guide
Every year, Outside dedicates two whole magazines to gear. That's 40-plus Reviewers. 340 Products. Months of testing on rivers, trails, summits, and patios. See their picks for running, cycling and fitness gear at the link.
May 11, 2021
Trail Running Has a Harassment Problem. These Women Are Here to Stop It.
After years of hearing about and experiencing harassment in running—including a tipping-point incident involving one of their own—a group of female leaders have come together to end gender-based violence in the trail and ultra running community. Runner's World
May 10, 2021
This is How US Triathletes Qualify for the Tokyo Olympics
The final auto-selection event for the U.S. Olympic Triathlon Team is this week in Yokohama. Here’s what you need to know. Team USA
May 10, 2021
TSG Consumer Partners to Sell Stake in Nuun to Nestlé Health Science
TSG Consumer Partners (“TSG”), a leading private equity firm, today announced that its partner company, Nuun (the “Company”), an innovative hydration supplement brand, has entered into an agreement to be acquired by Nestlé Health Science. Businesswire
May 10, 2021
As Nike Sales Fall in China, Competitors Cash In
Sportswear competitors Anta and Li Ning are seeing record sales and both are reportedly in the running to buy Reebok from adidas. Front Office News
May 10, 2021
Dorel Sports sees Q1 revenue increase by 43.6%
Dorel Sports has delivered its eighth consecutive quarter of revenue growth, with first-quarter revenue increasing to $270.3 million – an increase of $82.1 million or 43.6% from $188.2 million last year. bikebiz
May 9, 2021
Brazilian Olympic Committee transports 20 tonnes of sports equipment and PPE to Tokyo
The Brazilian Olympic Committee has now sent the last of 20 containers of sports equipment and COVID-19 protection materials to Japan ahead of the Tokyo 2020 Games' scheduled opening on July 23. Transported were 68,000 disposable masks, 12,500 disposable shoe covers, 400 alcohol sprays and 250 aprons, among other products....
May 7, 2021
Adidas Raises Outlook, Sales Jump 156% in China
Adidas released first-quarter earnings Friday, reporting net income of $605 million with revenue growing 27% for the first three months of the year.Footwear sales increased 31%; sales in China grew 156% and E-commerce sales rose another 43%, after a 35% uptick in the same quarter last year. Front Office Sports
May 6, 2021
Fox Factory Delivers Record First Quarter Sales of $281.1 Million
Sales increased 52.5% to $281.1 million, compared to $184.4 million in the same period last fiscal year. Gross margin increased 410 basis points to 34.8%, compared to 30.7% in the same period last fiscal year. Yahoo! Finance
May 6, 2021
Orbea to move US operations to Boulder
After nearly 15 years in Little Rock, Arkansas, Orbea is moving its U.S. offices and operations to Boulder this month. Orbea said Boulder's central location will help provide better dealer support and customer care, and the region offers a pool of talent. Bicycle Retailer