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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March 23, 2020
Peloton temporarily suspends sales and deliveries of its treadmill
Peloton announced that it will temporarily suspend the sale and delivery of its Tread, a treadmill with a touchscreen to stream live and on-demand classes, because the size of the machine is too big to deliver to customers while attempting to maintain physical distance during the novel coronavirus pandemic. Sales of its...
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March 23, 2020
Race Roster introduces a free innovative virtual event toolkit to support industry professionals during this challenging time
London, ON - In response to the impact of COVID-19 on the global running community, Race Roster has developed a free virtual event toolkit to aid the cancellation and postponement processes of beloved running events. “In times of uncertainty, movement helps. Race Roster’s commitment is to drive well-being and support...
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March 23, 2020
Orucase to produce face masks for COVID-19 battle
San Diego, CA—Orucase announces they have begun production on protective face marks to help tackle supply gaps for important protective articles. Like many other companies across different industries, Orucase has pivoted to help provided needed PPE gear to help battle the COVID-19 pandemic. Orucase, known for their innovative and award-winning...
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March 23, 2020
VirtualSportsRacing.com and Wilson Endurance Sports LLC announce the World’s First Virtual Duathlon
Dallas, TX – March 23, 2020 – VirtualSportsRacing.com and Wilson Endurance Sports LLC, today announced the world’s first virtual duathlon, for beginners and experienced athletes alike, who are looking for a virtual challenge to stay healthy and competitive in this time of crisis. The international event, which is the world’s...
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March 22, 2020
Race Against the Pros in ROUVY’s “Real Spring Classics” – 5-day Digital Race Series for Amateur and Professional Cyclists
March 22, 2020 - With over €1,000 of Prize Money up for grabs, professional and amateur cyclists alike will be competing virtually on real-life race courses of the canceled events. The racing scene is quiet lately with the cancellation of many events due to COVID-19 so ROUVY provides a feasible...
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March 20, 2020
Marmot Announces Attendance Of Grassroots Connect
Rohnert Park, Calif. – March 20, 2020 – Marmot® is proud to announce its participation in the 2020 Grassroots Connect show taking place in Knoxville, Tennessee this June. The show, organized by the Grassroots Outdoor Alliance, supports Marmot’s commitment to outdoor specialty dealers and the overall growth of the outdoor...
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March 20, 2020
BASE Designs enters year 4 of exclusive partnership with Team Challenge
Boulder, CO, 20 March, 2020. BASE Designs is proud to be entering its 4th year of partnership with Team Challenge, Crohn’s & Colitis Foundation. BASE Designs is able to offer high quality gear, at an affordable price, which enables the society to continue providing much needed funds towards research and cures...
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March 20, 2020
Series Solutions Offers Affected Races Easy Shipping and Fulfillment Solutions for Virtual Races
Los Angeles - Series Solutions, a technology group formed to support event organizers, is offering shipping and fulfillment solutions for live events cancelled or affected by COVID-19 pandemic. Providing event organizers with an all-encompassing plan for transitioning to a virtual race and offering a full suite of shipping, fulfillment &...
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March 19, 2020
Facebook is giving out $100 million in small-business grants.
Tuesday's announcement by Facebook that it will offer $100 million in grants to 30,000 small businesses may well be the sort of watershed moment that's been needed to spur entrepreneurship and small business growth well into the future. Read more and find out where to sign up on Inc.
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March 19, 2020
Under Armour announces $2M donation to support those impacted by the coronavirus pandemic
The company said it will split the donation between a pair of nonprofit organizations. Feeding America will receive a donation of $1 million and another $1 million in money and product will go to Good Sports. Under Armour announced that it will close all North American stores from March 16-28. The company, according to...
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March 19, 2020
Coronavirus: Santini to start making face masks instead of cycling clothing
The company, which currently supplies clothing to Boels Dolmans, Trek-Segafredo and the UCI World Championships, is hoping to begin production on Monday, March 23. Santini, working in conjunction with local textile manufacturer Sitip, has said that a prototype has already been made. The mask is currently being tested at the Politecnico di Milan before...
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March 19, 2020
Professional Triathletes Organisation Pays Athletes $2,500,000 In Response To COVID-19
LONDON, ENGLAND. The Professional Triathletes Organisation today announced its response to COVID-19 by increasing its Year-End Annual Bonus Programme from $2,000,000 to $2,500,000 and paying it all immediately based on the PTO World Rankings. The $500,000 increase would go to men and women athletes ranked 21-50, who previously would have...
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March 19, 2020
ReSport Offers Virtual Race Platform Free of Charge Through April
Realtime Experience Sport (ReSport), a platform for advanced mapping, registration, results, and race tracking, announces free use of its virtual race platform for events disrupted by the COVID-19 pandemic. Now through the end of April, race directors can create virtual races to replace or supplement postponed or cancelled races, giving...
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March 19, 2020
VirtualSportsRacing.com Announces Innovative New Platform for Virtual Endurance Events
Dallas, Texas – March 19, 2020 - VirtualSportsRacing.com, an innovative digital platform for virtual sports challenges, events and races, today announced the availability of its industry-leading platform and pricing for all event organizers and race directors looking to host virtual endurance, multisport and gym events for their participants. The platform’s...
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March 18, 2020
IRONMAN parent company Wanda Sports Group agrees US$240m loan facility with Credit Suisse
The funding will help Wanda’s sports arm to refinance and prepay its existing 364-day term loan facility, dated 15th Match 2019. The agreement has been made at uncertain times for the sports industry, with WSG announcing earlier in the month that the ongoing coronavirus outbreak could have a ‘material adverse impact’...
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March 18, 2020
Fanomena Events reacts to COVID-19
For years the digital goodie bag solution Fanomena Events has been used at numerous events worldwide to share personalized content and engaging offers from sponsors, exhibitors & vendors. Times like these, where the COVID-19 virus forces thousands of events to be postponed or even cancelled require special actions. “When live events...
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March 18, 2020
BASE Performance expands to Australia with FastGear as Exclusive Distributor
Boulder, CO, Release: 18 March, 2020. BASE Performance is excited to announce FastGear as its exclusive distributor in Australia. Sports are more global than ever, and it is important for BASE to have representation and access in both hemispheres. Seeing the resilience of the entire country after the terrible fires...
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March 17, 2020
RunBetter App Lets Users Run Your Race Course Virtually From Any Treadmill
With possible coronavirus race cancellations looming on the horizon, the RunBetter App offers race directors a convenient way to integrate a virtual run into their contingency plan. The app, available for both Apple and Android devices, lets users run specific race courses virtually from any treadmill. Whether you are hosting...
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March 17, 2020
TrainingPeaks Partners With Royal Spanish Cycling Federation and Spanish Triathlon Federation
Boulder, Colo., March 17, 2020— TrainingPeaks, a global leader in providing smart and effective digital training solutions for athletes and coaches, today announced a new partnership with the Royal Spanish Cycling Federation and Spanish Triathlon Federation. These partnerships offer Spanish Federation members the latest in endurance training technology, helping athletes...
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March 17, 2020
BASE Performance partners with 2019 IRONMAN 70.3 Eagleman Champion, Danielle Dingman
Boulder, CO, March 17, 2020. Coming off a 2nd place podium at Ironman Dubai 70.3 and 3rd place at Ironman Campeche 70.3, BASE Performance is excited to partner with Danielle Dingman for 2020 as both a nutrition and apparel sponsor. Coming to triathlon with a strong running background including a...
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March 16, 2020
Digital WorldBike Sets Stage for Bicycle Industry During Critical Time
Berlin, Germany, 16 March, 2020 – Digital conference expert meetyoo steps in to assist the cycling industry at a critical time, launching cycling’s first-ever digital conference 2020 Digital WorldBike. The bicycle industry’s first ever digital cycling conference, to be held March 31st, will be instrumental in bringing together the industry during...
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March 15, 2020
MOXiLIFE™ Nutrition Expands Distribution Channels with Just Wetsuits
Scottsdale, Arizona-( March 15, 2020) - MOXiLIFE™ Nutrition - a personalized premium endurance sport nutrition company and Just Wetsuits; Chandler AZ, is combining their local roots to provide a full service shopping channel for triathletes. “We are excited to be collaborating with Just Wetsuits on their product line expansion,” said...
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March 14, 2020
MOXiLIFE™ Nutrition Announces New Partnership with PLAYTRI
Scottsdale, Arizona - ( March 14, 2020) - MOXiLIFE™ Nutrition – Announces a new partnership with PLAYTRI: The US Series Official Ironman Triathlon store based in Dallas TX. PLAYTRI will offer; instore, at select events and online, MOXiLIFE™ Nutrition hydration and supplement products featuring clinically validated ingredients, and Beta Tested HydraMag®...
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March 13, 2020
XTERRA Statement on COVID-19
XTERRA Global, LLC, owners and producers of the XTERRA World Tour, are following direction provided by the Centers for Disease Control (CDC), World Health Organization (WHO), and local municipalities regarding the coronavirus (COVID-19) for each of the 35 events in 25 countries on the 2020 XTERRA World Championship Qualifying Series...
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March 13, 2020
RunSignup Releases Tools for Coronavirus Emergency Planning
Moorestown, NJ – In response to the wave of Coronavirus-related restrictions on public gatherings, RunSignup has released new tools to help race organizers navigate the process of postponing or modifying their events. While some events are outright cancelling, many others are working towards a flexible postponement and/or moving runners to...