News Topics
May 5, 2023
Adidas Beats Revenue Expectations Despite Costly Yeezy Struggles
Adidas’ Yeezy crisis has hit the company hard — but its first-quarter financials were not as bad as expected. The sportswear giant reported $5.82 billion in Q1 2023 revenue — a 1% dip from $5.85 billion a year prior. Those numbers actually outperformed projections from financial analysts, who expected a...
May 4, 2023
Peloton Touts Subscriber Growth Amid Heavy Losses
Peloton CEO Barry McCarthy described its fiscal quarter as the best he has seen with the company, but investors were left cold. The connected fitness giant booked $748.9 million in the fiscal third quarter ending March 31, missing analyst expectations and causing the company’s stock to tumble 13.5%. Peloton lost an...
May 4, 2023
Flying Pig updates age restrictions one year after 6-year-old’s participation sparked controversy
One year after a then-6-year-old boy's participation in the marathon sparked nation-wide controversy, organizers of the Flying Pig Marathon have implemented new age restrictions for runners. The updated age policy was sent to WCPO on Wednesday, just a few days ahead of the marathon. It says runners must be at...
May 4, 2023
Lance Armstrong, Tinashe Among Cast for Fox Reality Series ‘Stars On Mars’
This summer, Lance Armstrong, Marshawn Lynch, Ronda Rousey and Tinashe are among the 12 celebrities packing their bags for Fox’s “Stars on Mars,” an unscripted series originally ordered in April that takes put real world stars in competition to conquer the planet (via simulation of course) as they receive orders...
May 4, 2023
2024 TCS London Marathon receives more than half a million applicants
The 2024 TCS London Marathon has set a world record by receiving the most applications ever to be submitted to a marathon. Marathon organizers say 578,374 hopefuls from the United Kingdom and across the globe entered the ballot for the 2024 TCS London Marathon, marking the first time the number...
May 3, 2023
F1’s Alfa Romeo Team KICK partners with FNLD GRVL for inaugural gravel race
Alfa Romeo Racing F1 driver Valtteri Bottas told VeloNews 202 that after riding SBT GRVL in 2021, he might like to add a new job description to his job profile: gravel race promoter. After announcing the launch of FNLD GRVL a year ago, Bottas is now truly merging his car racing...
May 3, 2023
Best Buy Sells Sub-$1,000 ‘Razor’ E-Bike
Most readers will know the Razor brand for its scooters, which became a childhood favorite in the early 2000s. The company still makes plenty of scooters but has since expanded its product line (like everybody else) to hop on the e-bike bandwagon. Now, Razor has announced a new e-bike aimed...
May 3, 2023
Shimano reports 16.8% fall in bike-related sales for Q1 of 2023
Shimano has released its financial results from Q1 of 2023, showing a 16.8% fall in sales in its bike division. The company also reported it was down 31.8% in operating income in the same sector. In its bike segment, net sales were 98,298 million yen – around £580 million –...
May 3, 2023
Brooks Running Continues Growth in Q1 With Record Sales in EMEA Region
Brooks Running is continuing its growth in the first quarter, after a record 2022. In the first quarter of 2023, the Seattle-based performance running brand reported 20 percent year-over-year global revenue growth, including a record 32 percent increase in the Europe, Middle East, and Africa (EMEA) region. FN
May 2, 2023
A Triathlon Champion’s Positive Test Jolts the Sport, Creating a Soap Opera
Collin Chartier tested positive for erythropoietin, the well-known illegal stamina enhancer. It came as a shock to devotees of one of the ultimate endurance pursuits, where stamina is everything. NYT