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.
January 2, 2026
Birkenstock, Hoka, Salomon and More Footwear Companies Opening New Stores in 2026
As 2026 kicks off, there are no shortage of footwear retailers and brands that are heading into the new year with ambitious store expansion plans. From monobranded locations to sporting goods retailers, here are some of the store openings slated for 2026. WOMEN'S WEAR DAILY
January 1, 2026
Bain Capital buying South Korean activewear firm Echo Marketing in $344 million deal
Bain Capital is buying a 43.66% stake in South Korea’s Echo Marketing, which owns local activewear brand Andar, from its founder and another shareholder for 216.6 billion won ($150.14 million), Echo said in a regulatory filing on Friday. The U.S. investment firm is also making a tender offer for the remaining...
December 29, 2025
Lululemon Founder Mounts Board Challenge With Former On CEO
The polarizing founder of Lululemon says the company is in dire need of a board shakeup and has nominated three new director candidates: the recently departed co-CEO of sneaker brand On, a longtime ESPN marketing executive, and Activision’s former CEO. Chip Wilson, 70, founded Lululemon Athletica in 1998. Even after he resigned...
December 26, 2025
Triathlon Community Mourns the Loss of Media Legend Lois Schwartz
Triathlon lost one of the sport’s most influential media members on Christmas Eve – photographer Lois Schwartz, who co-founded Competitor Magazine with Bob Babbitt in 1987, passed away due to complications from Alzheimers a day before her 83rd birthday. Schwartz’s epic photos routinely graced the cover of Competitor Magazine, and she was...
December 23, 2025
7 of the Biggest Layoffs to Hit Footwear in 2025
This year’s job market has taken a hit across industries, as higher retail costs led to weaker consumer demand and concerns continued to mount over how artificial intelligence will affect future job creation. Looking closer at the U.S. Department of Labor’s most recent jobs report in November, the overall economy...
December 22, 2025
Grand Slam Track Owes More Than $31 Million, New Filings Show
Grand Slam Track’s latest bankruptcy filings show the league is in dire financial straits. The league is requesting court approval to receive more cash from Winners Alliance, its former-minority-investor-turned-lifeline. The move is a standard part of the bankruptcy process, one expert tells Front Office Sports, but the new documents contain previously...
December 22, 2025
Americans Plan To Spend $60B on Fitness in 2026, Cut Back on Other Expenses Instead
A new survey shows fitness is a top spending priority for Americans, with many respondents indicating they‘d rather spend less on dining out and travel before cutting back on gym memberships Fitness remains the most popular New Year’s resolution for Americans — and a top spending priority. A new nationwide...
December 19, 2025
Whoop Enters Wellness Real Estate With Dubai Developer
As wellness becomes an increasingly valuable selling point in real estate, tourism and in the workplace, the next phase may be more personal — and wearable. Wearable company Whoop has partnered with Wasl Group, one of Dubai’s largest real estate developers, to bring biometric data directly into residential communities. Athletech News
December 19, 2025
Nike Shows Signs of Recovery in North America, Faces Continued Headwinds in China
Nike released its second-quarter fiscal 2026 financial results Thursday afternoon, reporting revenue of $12.4 billion, a 1% increase on a reported basis and flat on a currency-neutral basis compared to the same period last year. The company’s performance varied by region with North America recovering while challenges persist in Greater China....
December 19, 2025
Asics Establishes ‘Institute of Sport Science’ Research Hub at the University of Michigan
Asics is setting up its own research hub in the U.S. through a new partnership with the University of Michigan. The Japanese sports brand said on Friday that it has signed a $25 million multi-year strategic research agreement with the university to establish the Asics Institute of Sport Science America. The company added...
