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.
October 29, 2025
How a high-end wheel brand crashed … then came back as a pickleball company
CSS Composites LLC – the parent company of the wheel brand Forge+Bond, and manufacturer of thermoplastic carbon rims for high-profile brands like Chris King, Revel, Bontrager and Evil – was to be wound up, “effective today." The brands that partnered with CSS Composites for their manufacturing had about as much notice as the public:...
October 28, 2025
Shimano bike-related sales up 5% through three quarters, but operating income slumps
Shimano's sales of bicycle products through the first nine months of the year totaled 266,243 million yen ($1.749 billion), up 5% from the same period last year. Bicycle-related operating income in the period was down 27% from the same period last year, to 30,161 million yen. "While the strong interest...
October 27, 2025
Zoot Sports acquires Tailwind Brands to accelerate growth
Zoot Sports, a US triathlon apparel brand owned by Italy’s MVC Group, has acquired its longtime European distributor Tailwind Brands to accelerate its growth and consolidation in the rapidly expanding European triathlon market, which is growing annually by 7-8%, with plans to triple Zoot’s European sales within three years by...
October 24, 2025
EXEC: Hoka Outpaces Overall Deckers Trends in Q2; Execs See H2 Trends Moderating
The Hoka brand outpaced the overall Deckers Brands (DECK) business and sister brand Ugg in the first half and second quarter, as new product releases in the first quarter fueled strong growth throughout the period. However, the brand’s parent company has tempered its outlook for Hoka in the back half...
October 22, 2025
EXEC: Thule Sees Organic Sales Slip 4.0 Percent in Q3 in Tough Market
Thule Group President and CEO Mattias said Wednesday the “market remained tough” in the third quarter with a negative impact on sales, but noted that operating margins were higher than historical levels. The comments, which came in the form of a company CEO statement with the release of Q3 results...
October 22, 2025
Strava Voluntarily Drops Lawsuit Against Garmin
Strava’s multifaceted legal (and social media) attack on Garmin was short-lived. Just 21 days after filing the original patent infringement case, alongside a Reddit post from their executive team attacking Garmin, the company has decided to dismiss the case against Garmin. DC RAINMAKER
October 21, 2025
EXEC: Adidas Raises FY Outlook On Double-Digit Q3 Growth, Tariff Mitigation Benefits
Adidas raised its earnings and sales outlook for the year while reporting preliminary results for the third quarter showing currency-neutral revenues for the Adidas brand jumped 12 percent. The improved profitability outlook reflects continued brand momentum, the better-than-expected business performance as well as successful efforts to partly mitigate the additional...
October 21, 2025
Bike industry pushes back on 50% tariffs proposed on bicycle metal content
The cycling industry is bracing for yet another tariff escalation in a year when there's barely been a moment of respite. The latest proposed fee could add substantial costs to almost any imported bike, regardless of country of origin. And in a twist, it's driven partly by an American bicycle company....
October 20, 2025
Peloton partners with HSS to offer injury prevention content and care
Peloton Interactive, Inc., the fitness technology company with a market capitalization of $3.1 billion, and Hospital for Special Surgery (HSS) announced a collaboration to develop specialized fitness content focused on injury prevention and recovery, according to a press release statement. According to InvestingPro data, Peloton’s stock has shown strong momentum...
October 20, 2025
Rapha Clothes USA Cycling, Sets Stage For Profit Again Amidst Ongoing Financial Reset
There are two big bits of Rapha news officially out that have been circling in the rumor mill for the past week – Rapha will outfit USA Cycling from 2026 through the end of 2029, and Rapha’s latest annual financial statement again showed big losses. The first is really interesting...
