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.
February 19, 2026
New Balance Revenues Surge 19 Percent in 2025, On Path to Reach $10B in 2026
New Balance has reported that its sales grew 19 percent in 2025 to $9.2 billion, marking the company’s fifth consecutive year of double-digit growth. In a business update, Joe Preston, president and CEO of the privately held company, stated that the North American region grew by more than 20 percent...
February 18, 2026
Garmin posts record revenue for 2025 and 17% growth in Q4
Garmin reported record consolidated revenue for 2025, a 15% increase over the previous year, with all segments posting full-year all-time gains. For the fourth quarter, Garmin's revenue increased 17%. For the year, revenue was $7.25 billion, compared with $6.29 billion in 2024. For the quarter, revenue was $2.12 billion, compared...
February 18, 2026
Accell secures additional funding from new owners, and debt reduction
Accell has revealed it is shifting away from ownership by the KKR investment group, and has secured new funding and a substantial debt reduction. The majority of its lenders have agreed to a transaction that will significantly reduce Accell’s total debt and considerably strengthen its financial position, with the business...
February 16, 2026
Giant Group founder King Liu passes away at age 93
Giant Group founder King Liu died Monday at the age of 93. Liu founded Giant in Taiwan in 1972 and co-founded Giant Manufacturing Co., Ltd., and eight years later built it into the largest bike manufacturer in the country and second largest in Asia. According to a Giant Group news...
February 13, 2026
Strava is changing how you log in – here’s what you need to know
Strava will begin to end its support for Facebook login, starting from 16 March, which means you’ll have to change how you log in if you use this method. The fitness and cycling app is moving away from Facebook in another way. It will no longer make friend suggestions based on your...
February 13, 2026
EXEC: Asics Corp. Completes Strong 2025 on Back of Lifestyle Categories
Asics Corporation released its 2025 full-year earnings report on Friday, February 13, indicating that the year demonstrated the company’s continued strong growth momentum. The company saw all categories and regions post increases for the year, but that momentum was not necessarily balanced across the portfolio, either from a sales trend,...
February 12, 2026
QBP’s latest layoffs highlight strain of repeated industry cuts
January 2026 marked the fifth round of staff cuts in six years at Quality Bicycle Products (QBP), North America's largest cycling distributor. This time, the layoffs were small in size but focused: QBP eliminated eight roles as part of a restructuring inside its product division – a tiny fraction of...
February 11, 2026
Why Stars Like Diplo, Gunna and Travis Barker Are Hitting the Road — With Their Own Run Clubs
Gunna says that, three years ago, he could only run “like, half a mile,” before stopping to catch his breath. At the time, he’d just completed a seven-month jail sentence after pleading guilty to one count of racketeering conspiracy; he was “just trying to get my mental together and block...
February 10, 2026
Pay the Athletes 85%, Save the League: Inside Grand Slam Track’s bankruptcy plan
Grand Slam Track is definitely not dead yet. In a bid to salvage the professional track league and return in the future, Michael Johnson’s Grand Slam Track filed a reorganization plan Monday that prioritizes athlete payouts while offering pennies on the dollar to nearly everyone else owed money. The plan, filed in the...
February 10, 2026
Global performances mixed in 2025 as Shimano reports 3% growth in bike division
As the global industry adjusted to market inventories and other realities, regional results varied widely for Shimano last year. The Japanese component giant’s full-year 2025 sales in its bike division totaled 355 billion yen ($2.3 billion), up 2.7% from 2024. The company said sales of complete bikes in North America...
