News Topics
April 15, 2023
Fitstop To Expand Into U.S. Market; Hires NA Athletic Director
Australia-based fitness chain Fitstop reported plans to enter the U.S. market with a flagship location opening in Santa Monica, CA. The company also plans to open ten U.S. locations by the end of 2023. Peter Pisani was hired as Fitstop’s North America Athletic Director. SGB Media
April 13, 2023
Troubled waters for Wahoo? GPS and indoor training brand cites “special agreement” after missing payment deadline and getting its credit rating lowered again
One of the biggest credit ratings agency has sounded the alarm for Wahoo’s debts, after the company missed payment months after being warned that such a scenario could be on the horizon; but Wahoo has claimed that it has a “special agreement” with its lenders regarding the delay. The latest...
April 12, 2023
10 interesting questions about the Boston Marathon, answered
If you grew up in Massachusetts or have lived here for a while, chances are you know a fair amount about the history of the event. You probably know where the marathon starts (Hopkinton) and where it ends (Boylston Street). You might even know someone running it this year on...
April 12, 2023
The Marathon bombing changed Boston. It also changed Twitter.
Before the runners were stopped, before the wail of ambulances and the cascade of grief, before the manhunt got underway, it was a photograph posted to Twitter from a Suffolk University student that alerted the world of something bad at the Boston Marathon. Boston Globe
April 12, 2023
Peloton’s Shares Slide As Morgan Stanley Warns Of Slowing Web Traffic
Peloton Interactive Inc.’s shares fell 11.2 Wednesday after Morgan Stanley said the connected fitness company’s web traffic had decelerated and could hinder growth. Shares fell $1.29 to $10.20 on the day. The stock’s 52-week range is between $6.66 and $26.50. Morgan Stanley reiterated its “In-Line” rating at a price target...
April 12, 2023
After $250M in Retail Sales, Prime Hydration Looks to Youth Sports
Base, a sponsorships sales agency, is planning brand activations for Prime at 60 youth sports events to reach more than 1.2 million consumers. After signing deals over the past year with professional organizations UFC and Arsenal FC, Prime will now promote its drinks directly to its targeted youth consumers through...
April 12, 2023
My New Favorite Exercise Is a $200 Jump Rope: Hear Me Out
At its core, the Crossrope system consists of a high-quality rope (actually braided steel inside a rubber housing) and handles with a clasp. These clasps allow you to swap out ropes of various weights — Crossrope sells ¼-pound,½-pound, 1-pound, and 2-pound ropes, as well as some extra-light speed ropes. This review...
April 12, 2023
Paris Olympics introduces new mixed relay race-walking marathon
On April 8, World Athletics and the International Olympic Committee (IOC) announced a new Olympic event in athletics that will debut at the 2024 Olympic Games in Paris. The new event is the race walk marathon mixed relay, which will feature 25 teams, each comprising one male and one female...
April 11, 2023
Two siblings die in latest New York e-bike battery fire
This is the latest in a deadly series of e-mobility device fires wreaking havoc across New York. In 2022, the New York City Fire Department (FDNY) responded to some 220 fires caused by lithium-ion batteries, in which six people died and another 147 were injured. The rate of incidents has...
April 11, 2023
Tonal Names New CEO, Raises $130 Million in Funding
Tonal, San Francisco, named a new CEO and completed a funding round that raised $130 million in new capital, the company announced on April 10. The funding came through existing investors, led by L Catterton, Cobalt, Dragoneer, Kindred Ventures and THVC. It is part of a broader recapitalization strategy to strengthen the...