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.
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December 21, 2023
Compass Diversified Receives $75.2 Million Equity Investment
Compass Diversified (CODI), owner of Velocity Outdoor, BOA, Primaloft, 5.11, and other active lifestyle brands, reported that it had completed a private placement of approximately 3.6 million of its common shares to a mutual fund managed by Allspring Global Investments to raise $75.2 million. The shares were sold for $21.18...
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December 21, 2023
Marathon Tours & Travel announces further growth of expert team
/ENDURANCE SPORTSWIRE/ Marathon Tours & Travel (MTT) provides comprehensive travel packages for runners that include guaranteed entry, transfers, accommodation, and expert team support for some of the most popular events around the world. Proud partners of the Abbott World Marathon Majors, the team is extremely well connected, working closely with global...
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December 21, 2023
The Atlanta Rise, Denver Disruptors, and Miami Nights Announce their 2024 National Cycling League (NCL) Cup Team Rosters
(Miami, Fla, December 21, 2023) /ENDURANCE SPORTSWIRE/ - After a successful inaugural season, three teams from the National Cycling League announced their 2024 rosters. Two second-year teams, Denver Disruptors and Miami Nights, will include riders from 2023, plus talented rookies and familiar names. First-year team Atlanta Rise has a roster...
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December 20, 2023
What the Apple Watch Ban Could Mean for the Tech Giant’s Fitness Plans
Apple will stop selling some of its Watch models in light of one of the most significant patent disputes in recent history, a development that could impact the tech giant’s burgeoning fitness and wellness endeavors. A ruling in October by the International Trade Commission (ITC) found that Apple violated medical company Masimo’s...
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December 20, 2023
Sports tech industry investments reach US$10.1 billion during Q3 2023
The global sports technology industry generated US$10.1 billion worth of deals during the third quarter of 2023, according to research from Drake Star Partners, which recorded 317 transactions during the three-month period. The quarterly study does take into account deals which include technology elements or are sports technology adjacent. For...
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December 20, 2023
The Most Innovative Fitness & Wellness Companies of 2023
Athletech News presents its list of The Most Innovative Fitness & Wellness Companies of 2023. The list serves as the ultimate authority in recognizing the organizations that are revolutionizing fitness and wellness and, by extension, positively influencing society. Athletechnews
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December 20, 2023
Spartan Race Leaps into 2024 Brand Activations with EventHub
ENDURANCE SPORTSWIRE - EventHub, the leading event sponsorship marketplace for the endurance racing industry, is proud to announce that ALL of the Spartan Portfolio of North American events including Spartan, Tough Mudder, DEKA FIT and Spartan Kids related 2024 brand activation and partnership opportunities are now available on EventHub. Interested...
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December 20, 2023
Timing German triathletes with MYLAPS ProChip technology
HAARLEM / OBERGERLAFINGEN (20 December, 2023) /ENDURANCE SPORTSWIRE/ – Discover the successful first year of the partnership between Datasport Germany and the Deutsche Triathlon Union (DTU), and how the utilization of MYLAPS ProChip technology contributed to a successful season. The partnership between Datasport Germany GmbH and the Deutsche Triathlon Union (DTU)...
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December 19, 2023
Nike Sues Sneaker Reseller For Allegedly Running ‘Organized Counterfeit Trafficking Community’
Nike is coming after a sneaker reseller that it claims sells fake Swoosh-branded shoes. The lawsuit describes Fox as the “ringleader of an organized counterfeit trafficking community” on messaging platform Discord that assists members in purchasing counterfeit goods. Nike also accused Fox of selling his wares via a website launched...
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December 19, 2023
BibBoards Hits 2000 Races in 2023, Aiding Events Toward 100% Sustainability by 2024
[San Ramon, 12/19] /ENDURANCE SPORTSWIRE/ - BibBoards, the industry leader in innovative race bib fasteners, has proudly announced a significant achievement in its event participation. In the year 2023 alone, BibBoards marked a record by actively engaging in 2000 races, showcasing a substantial increase from the 750 events participated in...
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December 19, 2023
Bikeflights Buck Up For Bikes Program Donates $20,000
PORTLAND, OR (December 19, 2023) /ENDURANCE SPORTSWIRE/ - Bikeflights has donated $20,000 through its Buck Up For Bikes program to five non-profit cycling organizations: Trip for Kids, National Interscholastic Cycling Association, Little Bellas, International Mountain Bike Association and World Bicycle Relief. The donation includes contributions made by Bikeflights’ customers throughout...
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December 18, 2023
Wolverine Transforming Saucony and Merrell Model in China
Wolverine World Wide, Inc. said it plans to shift its Merrell and Saucony businesses in China from a joint venture model with Xtep to a license and distribution rights model. It also agreed it sell its Asia-based Wolverine Leathers business. Both actions are expected to simplify Wolvderine’s business model and...
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December 18, 2023
Shimano to Sponsor U23 Entries to Gran Fondo National Series Cycling Events
(Gettysburg, PA ) /ENDURANCE SPORTSWIRE/ - Gran Fondo National Series today announced that Shimano will sponsor the opportunity for riders under 23 years of age (U23) to register for SUAREZ Gran Fondo National Series events for just $23 per event. This sponsorship bolsters the long-term partnership between the Series and...
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December 17, 2023
MYLAPS ProChip technology captures the performance of German cyclists
HAARLEM / OBERGERLAFINGEN (December, 2023) /ENDURANCE SPORTSWIRE/ – Discover the successful first year of the partnership between Datasport Germany and the German Cycling Federation, the Bund Deutscher Radfahrer (BDR), and how the utilization of MYLAPS ProChip technology contributed to a seamless season of timing. The partnership between Datasport Germany GmbH and...
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December 15, 2023
Headsweats Celebrates 25th Anniversary In Ultra-Light Performance Headwear
(BOULDER, CO - DECEMBER 15, 2023) /ENDURANCE SPORTSWIRE/ - Headsweats, a Colorado company founded by a devoted cyclist with a product line that initially consisted of just one cotton hat, is proud to celebrate its 25th anniversary this year as an industry leader in developing ultra-light, supremely wicking performance headwear...
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December 15, 2023
Warner Bros moves cycling coverage from GCN+ to Max
The Max streaming channel will add more than 300 live pro cycling events in February, picking up events previously streamed on GCN+, including the Giro d'Italia, the UCI Mountain Bike World Series, UCI Track Champions League, and classic one-day races including E3 Saxo Bank Classic, and Kuurne–Brussels–Kuurne. BRAIN
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December 15, 2023
RRCA Launches New Education Resource, RunLead Badge
Arlington, VA /ENDURANCE SPORTSWIRE/ – The Road Runners Club of America (RRCA) celebrates the growing popularity of people starting and joining run clubs and crews. Participation in weekly group training and social runs is at an all-time high as people embrace running for fitness, health, mental well-being, and a positive social...
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December 14, 2023
Why Are Triathletes Renting Bikes for World Championships?
The bond between triathlete and bicycle is deep and complex, just ask the thousands of triathletes with pet names for their bicycles. So, this begs the question, why would someone rent a bicycle to race an Ironman—especially when that might have been the reason for the bike purchase in the...
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December 14, 2023
PTO Celebrates Record Year, Prepares For Bigger 2024
London, UK/ENDURANCE SPORTSWIRE/ – The Professional Triathletes Organisation (PTO) has advised that its full 2024 PTO Tour calendar will be revealed in the new year, having already announced that it will return to Singapore (12-14 April) and Ibiza (28-29 September) respectively. PTO CEO Sam Renouf reiterated his belief that creating a season-long...
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December 14, 2023
RRCA Welcomes Little Rock, AR as a Runner Friendly Community
Arlington, VA /ENDURANCE SPORTSWIRE/ – The Road Runners Club of America (RRCA) is pleased welcome the newly designated Runner Friendly Community® for fall 2023: Little Rock, Arkansas Runner Friendly Communities have shown that they meet the program’s criteria, which includes community infrastructure along with support from local businesses and government. A...
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December 13, 2023
Today’s Plan Announces Closure
Training & coaching platform Today’s Plan has announced they’ll be closing early next year. The Australian-based company has long been the chief competitor to TrainingPeaks, especially for coaches and high-performance teams. Numerous Tour de France teams have used the platform over the years (including currently), as well as many other...
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December 12, 2023
Super League Triathlon amplifies U.S. Expansion as it partners with USA Triathlon for the Long Beach Legacy Triathlon
CALIFORNIA, USA/ENDURANCE SPORTSWIRE/ - Super League Triathlon announced today that they will be continuing their rapid US expansion by assuming the operation of the 2024 Long Beach Legacy Triathlon in partnership with USA Triathlon. This marks another addition to Super League’s growing US portfolio after the acquisition of events in...
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December 12, 2023
Fitbit hit with $11m fine in Australia after misleading customers over returns and warranties
The tech company Fitbit will have to pay an $11m fine in Australia after misleading consumers about smartwatches and fitness trackers that were not fit for purpose. The federal court issued the penalty against the US firm on Tuesday after it admitted making false, misleading or deceptive claims to 58...
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December 12, 2023
Nike Opens a Store in Tokyo That’s Dedicated to the City’s Running Community
Nike Ginza is the athletic giant’s new retail outpost, which is open now and is located in downtown Tokyo’s busy shopping district. Nike stated this area is also the home to a passionate running community. The store —which spans 12,765 square feet — utilizes its Nike Rise concept, one that is...
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December 11, 2023
SUAREZ Gran Fondo National Series and Zwift Announce Schedule for 8-Event E-Fondo Series
(Gettysburg, PA ) /ENDURANCE SPORTSWIRE/ - The SUAREZ Gran Fondo National Series today announced the event schedule for the 4th Annual E-Fondo Series, an 8-event series of competitive cycling events hosted on Zwift’s industry leading virtual cycling platform. The 8-event e-sports cycling competition features timed segments like the Series’ real-world...