News Topics
March 11, 2024
Giant Group’s February Revenue Decline Worsens Sequentially
The Giant Group reported monthly revenues for February 2024 declined 27.2 percent to NT$4.14 billion, representing a return to deeper declines after a three month trend in improving performance. January sales were down 17.7 percent and the year-to-date results were down 22.4 percent to NT$8.94 billion. The February decline is...
March 11, 2024
‘We’re thinking about it’ – drone filming might be used at the Tour de France this year
The broadcast directors of the Tour de France are considering using drones to capture the race for television audiences this summer. The technology was used for the first time in a WorldTour event at Paris-Nice last week, where remote-controlled cameras followed the riders at over 60km/h in the team time...
March 8, 2024
Marathon cheat smears made my life hell, says editor of running magazine
An editor at a leading running magazine who was accused of cheating at the London Marathon has been cleared, saying she has “been through hell”. Kate Carter, the acting commissioning editor of Runner’s World UK, was accused of “unethical” behaviour after anomalies were spotted in her performances at two major events last...
March 8, 2024
Freeletics Closes $45 Million Funding Round with Superstar Investors
Digital fitness company Freeletics closed on a $45 million Series A funding round led by FitLab, Causeway Media Partners and Jazz Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures, ward.ventures, and business strategist Tony Robbins. The investor group is affiliated with several professional sports franchises, including the San...
March 7, 2024
How did the Barkley Marathons start? The story behind the world’s toughest ultramarathon
Deliberately obscure, and designed to be near-impossible to finish. The Barkley Marathons is perhaps one of the most famous events that everyone knows next to nothing about. The start date is kept secret for all but the 40 runners brave enough to try and tame the Barkley beast. The route changes year...
March 7, 2024
‘It’s a joke’ – Anti-doping testers swoop Spanish amateur race, 130 riders abandon
An astonishing story has exposed the potential extent of doping on the amateur circuit in Spain, with 130 riders abandoning a race in Valencia at the weekend. The suspected reason: the presence of anti-doping authorities at the finish line. Spanish cycling website Ciclo21 carries anonymous quotes from riders who, without...
March 7, 2024
Trek will cut spending by 10%
According to the memo, which Bike Retailer obtained, Burke outlined a strategy where Trek will reduce both its overall inventory volume – by some 20% measured by days in stock – and the number of SKUs (stock keeping units) in its lineup by an even larger 40% by the 2026...
March 7, 2024
Has Pro Cycling Maxed-out on Caffeine?
Riders have been slamming espresso since way before flat whites were a “thing” in the chase for caffeine’s benefits on perceived effort, muscle pain, and mental acuity. “Caffeine has consistently been shown to improve endurance by 2-4 percent across dozens of studies using doses of 3-6 mg/kg body mass,” read a...
March 7, 2024
Can Running Brands Like Hoka and On Help Foot Locker Get Back on Track as It Recalibrates Nike Relationship?
Foot Locker’s financial results were weaker than expected in 2023, which prompted the company to delay its long-term sales targets by two years. The company has also begun to close about 125 underperforming locations of its Champs banner. The retailer on Wednesday said its percentage of non-Nike brand sales in...
March 7, 2024
Giro hits back at UCI in helmet row, as expert says manufacturers could look at ‘legal options’
Giro, the helmet manufacturer, has insisted it "plays by the rules" after the UCI announced a review into time trial helmets, a move seemingly triggered by the launch of the new Giro Aerohead II. In a post on Instagram on Wednesday evening, Giro revealed that the UCI had authorised the...