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.
April 6, 2026
Amazon to Add Fulfillment Surcharge to Third-Party Sellers as Fuel Costs Surge
Amazon is adding a 3.5 percent fuel and logistics surcharge for third-party sellers in the U.S. and Canada amid a spike in energy prices due to the war in Iran. Amazon wrote in a notice on its Amazon Seller’s Platform, “Elevated costs in fuel and logistics have increased the cost...
April 2, 2026
A&U acquires Urquhart ultramarathon story
Allen & Unwin (A&U) has acquired world rights to ultramarathon runner Donna Urquhart’s as yet untitled story about her Guinness World Record Antarctic run in January 2024, written with journalist and communications specialist Charisse Ede. In addition to being an ultramarathon runner, Urquhart is also an associate professor and pain...
April 2, 2026
Nike Closes Fitness Studios Across All Locations
Nike Studios, the boutique fitness concept the footwear giant launched in 2023 alongside FitLab, has shuttered or suspended operations across all of its locations in Texas and California, according to widespread social media posts from members and trainers. FitLab co-founder and co-CEO Brian Kirkbride confirmed the transition in a statement to Athletech News....
April 2, 2026
Cannondale owner Pon Holdings reports sales of 2B euros in bikes last year
Pon Holdings is reporting 2025 revenues of 9.7 billion euros ($11.20 billion) across all its businesses, including automotive and bicycle, with its bicycle business revenue totaling "around 2 billion euros." Pon's bike brands include Cervelo, Santa Cruz, Gazelle, Focus and Urban Arrow. In 2022 it acquired Dorel Sports, which added Cannondale, Schwinn,...
April 1, 2026
Peloton Wins Dismissal of Lawsuit Claiming It Concealed Bike Rust That Heralded Big Recall
U.S. District Judge Margo said shareholders didn’t show Peloton defrauded them with several assurances it was focused on safety, putting “members first” and making the “best equipment” despite knowing prospects for a recall were increasing. (Reuters) — A federal judge dismissed a lawsuit accusing Peloton Interactive of intentionally concealing quality...
April 1, 2026
Nike Shares Fall as Turnaround Hits Some Potholes
Nike Inc.’s shares were down 11 percent in pre-market trading on Wednesday, April 1, as the sportswear giant warned that sales will fall for the rest of the calendar year, with weakness in China and within sportswear categories offsetting a continued recovery expected in North America. Shares continued to fall...
March 31, 2026
Herbalife in planned acquisition of personalised nutrition specialist Bioniq
Bioniq, a developer of personalised supplements based on blood biomarker analysis, has entered into an agreement for the sale of its assets to Herbalife. The deal is valued at up to US$150 million. The transaction, announced this month, is reportedly valued at a purchase price of US$55 million to be paid...
March 31, 2026
WHOOP Raises $575 Million at $10.1 Billion Valuation to Advance Global Health Platform
WHOOP, the human performance company, today announced it has raised $575 million in Series G funding at a $10.1 billion valuation, advancing its global expansion and long-term vision for personalized health. The round was led by Collaborative Fund and includes global participation from 2PointZero Group, Qatar Investment Authority (QIA), Mubadala Investment...
March 30, 2026
California prosecutors charge parents with child abuse following e-moto crash
Prosecutors in California have charged a mother and father with child abuse after their child crashed into a vehicle in Walnut Creek on their e-moto and was seriously injured. Also this weekend, police in Long Beach arrested one operators and seized five e-motos after responding to what they said was...
March 26, 2026
Herbalife acquires Bioniq for $150M
Herbalife, the health and wellness company, has agreed to acquire assets from Bioniq, the UK-based personalised supplements company focused on making health more accessible and actionable, for $150 million. The transaction aims to advance Herbalife’s mission of becoming a technology-enabled, data-driven health and wellness platform. “The future of health and...
