Sports/Fitness

Earwear And Wristbands Drive Q1 Growth In Wearables

Global shipments of wearable devices grew 29.7 percent year over year during the first quarter of 2020 (1Q20) as total device volume reached 72.6 million units according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable Device Tracker. However, the growth was disproportionately spread across the various form factors as growth in wristbands and earwear/hearables was more than enough to offset the decline from smart and basic watches. (Read More)

Decathlon’s Debt Ratings Affirmed By S&P Despite COVID-19 Impact

Decathlon’s Debt Ratings Affirmed By S&P Despite COVID-19 Impact

S&P Global Ratings said it expects Decathlon's sales, earnings and cash generation "will decline sharply" in 2020 versus 2019 due to government COVID-19 lockdown measures that closed the majority of its stores. But the rating agency affirmed its  'A-2' short-term rating on the company as it expects the French sporting goods chain's strong record of 10 percent to 15 percent annual growth to resume in 2022. (Read More)

The 2020 Boston Marathon Has Been Canceled

The 2020 Boston Marathon Has Been Canceled

The Boston Marathon has been canceled for the first time in its 124-year history. The Boston Athletic Association (B.A.A.) said Thursday that they instead will have a “virtual event” in which participants who verify that they ran 26.2 miles on their own will receive their finisher’s medal.  (Read More)

PickUp Raises Seed Funding

PickUp Raises Seed Funding

PickUp, a technology platform that helps media companies make sports content more interactive, has raised initial funding in a seed round led by KB Partners, and will launch later this year. (Read More)

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