News Topics
August 23, 2023
Peloton shares drop 20% after posting wider-than-expected loss, falling sales due to Bike recall, seasonality
Pelotonon Wednesday reported a wider-than-expected loss and a quarterly drop in new subscribers that it blamed on its recall of its Bike seat post and seasonality, sending shares plunging about 20%. The company fell short of analysts’ earnings estimates but beat sales expectations. CNBC
August 23, 2023
Gympass Hits $2.4B Valuation After Latest Funding Round
Gympass, a top corporate wellness platform, has raised $85 million in a Series F funding round at a valuation of $2.4 billion, an eye-watering number given the struggles of other fitness industry companies in the current economic environment. EQT Growth led the funding round, with participation from Neuberger Berman Group...
August 22, 2023
Lotto Dstny sports director Allan Davis fired after sending “inappropriate” messages to women
Davis, who won the Tour Down Under and finished second at Milan-San Remo during his 14-year professional career, was removed from Lotto Dstny's Tour de France coaching team after the allegations came to light in June, a female Twitter user telling road.cc that several other women had contacted her with details of similar...
August 22, 2023
Dick’s Lays Off 250 Workers, Cites Theft for Q2 Profit Drop
After a second quarter where profitability fell short, Dick’s Sporting Goods announced a business optimization program that involved laying off 250 employees at the corporate level, as first reported by Bloomberg Business. Dick’s said that the business optimization plan is intended to better align its talent, organization design, and spending....
August 22, 2023
Footwear Study Reveals Data Proving the BOA PerformFit Wrap Improves Runner Speed, Stability, Efficiency on Trail Terrain
Denver, CO (August 22, 2023)/ENDURANCE SPORTSWIRE/ – BOA®, creators of high-performance dial-based fit solutions, unveils trail run-specific footwear study that scientifically proves the BOA® Fit System and its PerformFit™ Wrap improves athlete’s speed, stability, and efficiency on varied trail terrain, over traditional laces. The BOA Performance Fit Lab, established in 2018, has...
August 22, 2023
2023 VinFast IRONMAN 70.3 World Championship by the Numbers: Lahti, Finland Set to Host Top Triathletes from Around The Globe on August 26 & 27
- More than 6,000 registered athletes from 115 countries, regions and territories will converge in Lahti, Finland for the 2023 VinFast IRONMAN 70.3 World Championship triathlon - The United States of America is the most represented nation followed by France, Germany, United Kingdom, and Australia, with athletes also flying in...
August 22, 2023
New influencer partnership enhances Wexer’s multi-lingual content provision
TUESDAY 22ND AUGUST 2023, LONDON/ENDURANCE SPORTSWIRE/ – Digital fitness expert Wexer has unveiled a new content partnership with influencer Sophie Joline Fischer – aka Cycling Sophie – which for the first time enables Wexer to deliver German language content across its Mobile and in-club Virtual platforms. Cycling Sophie was created with...
August 22, 2023
Electrolit Puts a Twist on Hydration with Pineapple Flavor Launch
CERRITOS, Calif., Aug 22, 2023/ENDURANCE SPORTSWIRE/ – Electrolit – the preferred, premium hydration beverage crafted with pharmaceutical quality grade ingredients – is bringing the refreshing flavors of summer to market with the addition of Pineapple to its plethora of variants. Subtly blending natural pineapple flavors with the brand’s signature electrolyte formula, the...
August 22, 2023
Darn Tough Vermont® to Host Trail Sustainability Contest at US Trail Running Conference
/ENDURANCE SPORTSWIRE/ – Active at Altitude, organizers of the US Trail Running Conference presented by Marathon Printing, have announced that Darn Tough Vermont ® will be the honored host of a trail sustainability contest at the 2023 Conference on Friday, October 20. Darn Tough invites race directors and event organizers far...
August 22, 2023
U.S. Air Force Special Warfare to Partner With Spartan
BOSTON, MASS. (08/22/2023)/ENDURANCE SPORTSWIRE/ – Spartan, the world’s leading endurance sports and extreme wellness brand, announced that the U.S. Air Force Special Warfare will return as an Official Partner of select races in August 2023 to April 2024. “At Spartan, we pride ourselves on promoting the same traits military recruiters...
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