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.
January 20, 2026
Peloton Sues US Government Over Tariffs, Joining Other Companies
Peloton and its commercial equipment division, Precor, have sued the federal government in the U.S. Court of International Trade seeking refunds on tariffs they paid. In the complaint, filed Jan. 7, the connected fitness giant argues the duties were unlawfully imposed under a series of executive orders beginning in early 2025, contending...
January 20, 2026
Canyon to reduce workforce by up to 320
Canyon says it is aiming to "reduce complexity and simplify processes," a procedure that includes reducing its workforce by up to 320 workers. "In cycling, you don't win a race through sheer size, but through speed, precision, and agility. We are now laying the foundation to regain our operational power...
January 19, 2026
Murphy signs controversial e-bike law requiring registration, insurance in New Jersey
Gov. Phil Murphy signed a controversial e-bike bill into law Monday, citing safety issues in the wake of several fatal crashes and ignoring objections from cycling groups that argued there are better ways to address safety concerns. The new law places all kinds of e-bikes — from those that need to be pedaled...
January 15, 2026
$7,300 in cash, $30M in debt: Why Grand Slam Track isn’t dead yet
After filing for Chapter 11 bankruptcy last month, Michael Johnson’s Grand Slam Track faced its creditors for the first time Wednesday at a federally required creditors’ meeting. During the creditors’ Zoom meeting, known as a Section 341 hearing, the league revealed it had just $7,300 in cash on hand. With more than...
January 13, 2026
reTyre closes on $8M funding round, enters agreement with Vittoria
Norwegian tire startup reTyre has closed on a 7 million euro ($8.1 million) funding round that includes cycling startup investor Fundracer. The company (profiled in a May 2025 BRAIN article) also announced it is partnering with Vittoria to co-develop a performance tire using reTyre's injection molding technology. ReTyre said it will...
January 12, 2026
Oura, Fullscript team up to bring wearable data to clinical care
Supplement recommendations are about to get a lot more personal. Fullscript and Oura Health announced their partnership to make wearable data available to practitioners, integrating personalized tracking data and health care on the supplement sales platform. Oura is well known for its smart ring that tracks biometric data, including sleep and activity,...
January 9, 2026
Rapha to shut Manchester clubhouse and half of its American branches – week before unveiling new USA Cycling team kit
Rapha has announced that it is closing down its Manchester clubhouse next weekend, with four branches in the US set to follow, as part of the cycling clothing brand’s aim to “focus on richer customer experiences at flagship locations, regional rides and events, and online worldwide.” The decision to close...
January 9, 2026
Strava files for IPO as fitness apps chase subscription growth
Strava has filed confidential paperwork for a US IPO, and it’s doing it with some momentum. Subscriptions are up, revenue’s growing and the company looks ready to play on a bigger stage. Multiple reports, including The Information, say the company has submitted a draft registration statement to the US Securities...
January 8, 2026
What to Watch: Nike, On Holdings, Amer Sports and Steven Madden Are Top 2026 Shoe Stock Picks
As Nike Inc. continues an intense turnaround effort, Wall Street is upbeat on the stock’s prospects for the new year. Other footwear stocks favored by some analysts heading into 2026 include On Holding AG, Amer Sports Inc. and Steven Madden Ltd. The general consensus is fairly positive for Nike, with the understanding that...
January 7, 2026
CES 2026: FDA eases rules for wearables that avoid medical claims
Fitness trackers, sleep monitors and AI health tools just got a clearer runway in the US. The FDA has introduced new guidance that officially keeps most wellness wearables out of medical device regulation, as long as they steer clear of clinical claims. The announcement came on January 6 during a keynote by FDA Commissioner...
