BUSINESS NEWS
Want to stay up to date on the latest press releases and business news in the running, cycling and triathlon industries? Scroll below to view all endurance sports business news.
June 12, 2025
Strava’s value grows to US$2.2B
After a fresh round of funding, Strava's valuation has raised US$2.2 billion, including debt, according to a report in the Wall Street Journal. This follows the acquisitions of AI-driven training apps Runna and The Breakaway, and the continued growth of the platform to over 150 million users globally. Strava's previous fundraising took...
June 6, 2025
BowFlex Recalls Nearly 4 Million Adjustable Dumbbells, More Than 100 Injuries Reported
Three months after the fitness brand declared bankruptcy, BowFlex is recalling nearly 4 million of its dumbbells for a problem that causes them to dislodge during use. GEAR JUNKIE
June 5, 2025
Giant’s China sales grow as US sales decline in recent years
Giant Group's sales to America — under its own brand and to its original equipment customers — have declined steeply since the pandemic even as sales in Asia, China in particular, have grown significantly. Bicycle Retailer
June 5, 2025
Wahoo Raises US Prices on All Products
Wahoo Fitness has raised prices on all their products for US buyers, with the price increases ranging from shruggable to ‘holy crap’, depending on the product in question. DC RAINMAKER
June 3, 2025
Peloton launching resale market for used bikes, treadmills
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. The platform, dubbed Repowered, will allow members to post listings for their used Peloton equipment and gear and set a price...
June 3, 2025
Peloton launching resale market for used bikes, treadmills
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. CNBC
June 3, 2025
Full-time editor wanted for Triathlon Magazine Canada – apply now
Triathlon Magazine Canada is looking for a talented and driven editor to lead the content across our print and digital platforms. This is a unique opportunity to combine your love for the sport with your editorial expertise. triathlon MAGAZINE Canada
May 29, 2025
Specialized expands Morgan Hill footprint, relocates Colorado employees
Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters. Bicycle Retailer
May 28, 2025
How this marathon runner has spared 900,000 disposable cups from landfill
Kristina Smithe was running the California International Marathon in 2019, grabbing cups of water to stay hydrated, when she started to think about how much waste such events produce. FAST COMPANY
May 23, 2025
EXEC: Deckers Shares Plunge on Weaker Hoka Growth in Q4 and Q1 Guide Miss
In another example that a company is only as good as its last quarter, the parent of Hoka, Ugg, Teva, Ahnu, and Koolaburra found that all the great numbers and marketing hype from the fiscal 2025 full-year period did little to instill confidence in investors. SGB MEDIA