News Topics
April 27, 2020
Peloton sets record for most people streaming a single live class with 23,000 riders
The record-breaking class was led by Robin Arzón, Peloton's vice president and head instructor, who broadcasted the 30-minute Pop Ride right from her ... living room. It also beat the company's previous record of 19,000 riders in its 2019 Turkey Burn class. Read more on Mashable.
April 27, 2020
Adidas takes massive earnings hit due to coronavirus, warns of even bigger impact next quarter
The Germany-based sportswear giant’s net income for the first quarter plummeted 97% to $21.69 million, with earnings of 14 cents per share. Revenues also decreased 19% to $5.15 billion, with a 20% drop at its namesake brand and a 12% slide at Reebok. Read more on Footwear Daily.
April 27, 2020
When might racing return, and what will it look like?
What’s “normal” during this pandemic changes almost daily, including the ever-growing pileup of canceled or postponed races. At some point, however, racing will return. Based on interviews with several running insiders, Runner's World outlines ideas about what the near future of road racing might look like.
April 27, 2020
Restrictions on cycling set to be lifted in France, Italy and Spain
Welcome news for both pros and amateurs is emerging from Spain, Italy and France, as the three nations are expected to ease cycling bans next month. During the coronavirus crisis, many European nations have enforced strict lockdown rules including a ban on recreational cycling, with many professionals being caught up in the...
April 23, 2020
Endurance sports sidelined by virus join race for federal relief
The Endurance Sports Coalition has been lobbying for the replenishment of a small business loan program designed to help struggling businesses keep workers on their payroll, in addition to underscoring with lawmakers the industry will need further help. Read more on Bloomberg Government.
April 23, 2020
Skechers’ online business is booming this month— Here’s how much digital could deliver in annual sales
Skechers is proving that it can battle the coronavirus. After reporting solid first-quarter results this afternoon, the Manhattan Beach, Calif.-based company elaborated on its pandemic game plan in a conference call — and it starts with the booming online business. Read more on Footwear News.
April 22, 2020
The longest virtual race yet: 1,000K ‘across’ Tennessee
Organized by the Laz Lake, race director of the famously difficult Barkley Marathons, The Great Virtual Road Race Across Tennessee is, as the name suggests, a virtual run, and it will take place from May 1 until August 31. Why such a long window to complete the race? Because it’s a 1,000K run that...
April 22, 2020
Under Armour lays off more than 300 at Tennessee distribution center
The one-million-square-foot facility had employed 524 workers. In 2014, the Tennessee State Funding Board approved $6.75 million in state funds for Under Armour to build the Mt. Juliet facility. At the time, Under Armour was expected to employ 1,500 within five years. Read more on SGBMedia to find out where else...
April 22, 2020
Endurance Sports Coronavirus Daily News Updates
Endurance Sportswire is providing timely and pertinent articles and news updates specific to coronavirus and the running, cycling and triathlon industries. NEWS UPDATES 4/22 USOPC to cut up to 20%, says no Olympic games would be ‘devastating’. Read more on HERE. NEWS UPDATES 4/21 USA Track and Field lays off 7;...
April 21, 2020
USOPC to cut up to 20%, says no games would be ‘devastating’
The Associated Press received a copy of a letter CEO Sarah Hirshland sent to leaders across the U.S. Olympic world Tuesday, in which she said cuts of 10 to 20% are “necessary to balance both the current delay in revenue and anticipated decline” that’s expected over coming years. The letter was...