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.
November 13, 2025
Whoop Is Considering Going Public in the Next Two Years, CEO Says
Whoop Inc., the maker of popular screen-less fitness bands, is eyeing an initial public offering as soon as in the next two years and is exploring adding glucose monitoring to its health-tracking platform. Founder and Chief Executive Officer Will Ahmed said the business is well-positioned for an IPO now that...
November 13, 2025
Garmin, Coros Settle CardiacSense Patent War Over Smartwatch Heart Tech
A complex web of lawsuits between Israeli health-tech company CardiacSense and the major wearable brands Garmin and Coros has quietly concluded following a year of litigation. The dispute was centred on cardiac monitoring technologies used in sports and health wearables, but now appears to have ended with two confidential settlements. Past history and the nature of...
November 13, 2025
Strava, GoFundMe Launch Fitness Fundraising
Strava’s over 180 million users will be able to use their physical activity to help raise awareness for causes they care about by adding the “For a Cause” tag to an activity and dedicating it to an individual fundraiser or a nonprofit listed on GoFundMe. Athletech NEWS
November 12, 2025
On Holding Continues to Beat Projections in Third Quarter
Nike may be clawing its way back to popularity, but don’t count out On Holding. Despite some analyst hesitation that the popular Swiss running brand may be losing some of its steam to a reviving Nike, the company once again posted record sales and profits in the third quarter ended...
November 12, 2025
Upway closes $60 million funding round; plans e-bike refurb centers in Denver and other US cities
Refurbished e-bike brand Upway closed a $60 million Series C funding round last week led by an investment by Copenhagen's A.P. Moller Holding. The company said it is looking for U.S. growth and plans to open used e-bike refurbishment centers in Denver and other U.S. cities. Bicycle Retailer
November 12, 2025
Wholesale Remains Primary Growth Driver for Asics North America in Q3
Asics North America continued its run in the third quarter of 2025. According to the athletic company, the United States posted single digit growth in Q3, while Canada and Mexico each produced double-digit quarterly growth compared to the previous year, all in local currency. Footwear News
November 11, 2025
How Much Do Pro Triathletes Really Earn? A Look at Ironman and T100
The Ironman Pro Series concluded this past weekend on the streets of Marbella, with Kristian Blummenfelt and Kat Matthews each taking home the coveted first place and a cheque for $200,000 USD. With two races remaining in the T100 Triathlon World Tour, beginning with the Dubai T100 this weekend, many may wonder to...
November 11, 2025
How Strava Traded User Goodwill for Nothing
There was a time that Strava was a well loved app, but lately it seems that the fitness app has traded user goodwill and gotten… well, nothing in return. This all came to a head most recently this fall when Strava sued Garmin then quickly backed down. For now things look like they’ve...
November 10, 2025
Rad Power Bikes faces shutdown in January without new funding
Rad Power Bikes has informed its employees that it will shut down in January if it is unable to find new funding or get acquired, according to an internal staff email viewed by TechCrunch. The company’s leadership is “still fighting to find ways to continue,” and “the cessation of Rad’s...
November 7, 2025
Giant Group revenue down 17% in first three quarters
Giant Group’s net revenue through the first three quarters of its fiscal years was down 16.9% from last year, to NT$47.96 billion ($1.55 billion). The manufacturer said its gross margin for the period was 19.8% and net profit before tax was NT$1.43 billion. Net profit after tax was NT$910 million...
