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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October 26, 2020
Pocket Outdoor Media Joins Time to Vote Movement
Boulder, Colorado, USA — October 26, 2020 —Pocket Outdoor Media (POM), the world's leading creator of active lifestyle content, is the latest company to join the business-led, nonpartisan coalition, Time To Vote, which aims to increase voter participation in the U.S. elections. Voter turnout in the U.S. is one of the...
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October 23, 2020
RunSignup Announces RaceJoy for Challenge Events
October 23, 2020 – Moorestown, NJ – RunSignup | GiveSignup announces RaceJoy’s mobile, interactive race experience is now fully integrated with RunSignup’s virtual Challenge Platform. RunSignup, the foremost technology provider for U.S. endurance events, has quickly become the chosen challenge platform provider for fitness and nonprofit communities. The integration of...
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October 22, 2020
Is Adidas Selling Reebok?
The German sportswear giant is reportedly looking to sell the athletic brand and could decide in the next few months whether to move forward with the process. An internal review is said to be in the early stages, while Germany’s Manager Magazin indicated that Adidas plans to complete the sale...
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October 22, 2020
OutsidePR Adds To Client Roster
Sausalito, CA, October 22, 2020– OutsidePR, one of the outdoor industry’s leading public relations agencies, is going into the end of the year with three new clients added to its roster. Sun Valley and Snowbasin Resorts are two of the agency’s favorite ski areas, and OutsidePR is thrilled to announce...
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October 21, 2020
Canyon Bicycles Draws Takeover Interest From Carlyle, KKR.
Canyon Bicycles GmbH has drawn takeover interest from private equity giants. Investors are looking to capitalize on renewed enthusiasm for one of Europe’s favorite pastimes. The bike maker is working with bankers at Robert W. Baird & Co. on a sale that could fetch more than 500 million euros ($592...
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October 21, 2020
USA Triathlon Aligns with TicketSocket as Exclusive Online Registration Partner
COLORADO SPRINGS, Colo.— USA Triathlon today announced it has aligned with TicketSocket, an innovator in fully customized white label ticketing solutions, as the organization’s Exclusive Online Registration Partner for the next five years. The partnership gives race directors of USA Triathlon-sanctioned events access to discounted rates for TicketSocket’s industry-leading platform...
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October 21, 2020
Blyss Running Celebrates Five Years of Styling Women for the Long Run
Asheville, NC – Oct 21, 2020 –Blyss Running, the Asheville-based maker of women’s athletic apparel, is excited to celebrate five years in business. Founded in October of 2015 by entrepreneur Alyson Neel, Blyss Running has become an underground cult favorite for many women runners, from beginners to ultrarunners. Neel’s story...
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October 21, 2020
The Clermont Clay 15K Partners with Outside Interactive to Bring an Exact Treadmill Simulation of its Famous Course to Runners Across the Globe
Hopkinton, MA – October 21, 2020 – Today it was announced that the Clermont Clay 15K has partnered with Outside Interactive to create and offer an exact treadmill simulation of its 9.3-mile course to runners and walkers around the globe. On November 1st, remote participants will be able to take...
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October 20, 2020
Outdoor Editors and Publishers Form Outdoor Media 4 Inclusion
A group of publishers and editors who oversee consumer and B2B outdoor media titles have formed the working group Outdoor Media 4 Inclusion (OM4I) to provide more opportunities for journalists and contributors who are Black, Indigenous, people of color, and members of other marginalized communities. Teresa Baker, founder of the Outdoor...
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October 20, 2020
PeopleForBikes’ Work on Section 301 Tariffs Saves Bike Industry Millions
BOULDER, CO (Oct. 20, 2020) — PeopleForBikes, with the assistance of their nearly 300 member companies, saved the bike industry more than $130 million in Section 301 tariffs since September 2018. Section 301 tariffs represent additional duties paid on nearly all imported goods from China. The United States Trade Representative...
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October 20, 2020
Former pro cyclist Bradley Wiggins liquidates businesses with debts of over £1m
Two of Bradley Wiggins’s companies are being wound up with debts in excess of £1m and look set to leave creditors hundreds of thousands of pounds out of pocket. Read more on Cycling Weekly.
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October 20, 2020
Spectrum Sports Management Launches California Coalition of Endurance Sports
LOS ANGELES — Southern California based endurance sports organizer Spectrum Sports Management today announces the formation of the California Coalition of Endurance Sports. Including endurance sports organizations up and down the state, the Coalition has come together to work with state and county representatives in the creation of a roadmap...
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October 19, 2020
YogaWorks Files For Bankruptcy, To Closes All Studios
YogaWorks has filed for Chapter 11 bankruptcy protection but will continue to offer its digital and live-stream content. Serene Investment Management has agreed to acquire the YogaWorks digital and education business and intellectual property. YogaWorks Live and MyYogaWorks, as well as its teacher training and workshop departments will continue operation,...
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October 19, 2020
Mammut And The Lady Alliance Announce Second Adventure Safety Tour
(Denver, CO.) Oct. 19, 2020 -- Mammut and The Lady Alliance are teaming up again to host a second virtual Adventure Safety Tour, in response to an overwhelming positive and successful first event in June of this year. Mountain safety and outdoor gear brand Mammut and The Lady Alliance, a...
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October 19, 2020
Zone3 Appoints Endurance Sport Expert, Ryan Dolan
Europe’s leading Triathlon & Open Water Swimming brand, Zone3, is thrilled to announce that endurance sports expert Ryan Dolan, formerly of TYR and ROKA, will be joining Zone3 as President of US Sales & Marketing. Zone3 took back control of the US market earlier this year after previously being managed...
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October 19, 2020
USA Triathlon and Body Glide Renew Longstanding Partnership Through 2024
COLORADO SPRINGS, Colo.— USA Triathlon today announced it has extended its partnership with Body Glide, the industry’s leading maker of skin protection for wetsuit rash, chafing, foot blisters and raw skin, through 2024. Body Glide is one of the National Governing Body’s longest-standing partners, having first teamed up with USA...
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October 19, 2020
MYLAPS Sports Timing and njuko join forces to offer best-in-class event registration
Bidart/Haarlem, 19 October 2020 - MYLAPS Sports Timing and njuko announce a long-term partnership today. Njuko will offer its proven registration platform to the worldwide MYLAPS network and will be the exclusive MYLAPS registration partner in Europe, Middle East and Africa. Events and timers using the MYLAPS registration platform will...
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October 16, 2020
Peloton Recalls Pedals That Might Break on 27,000 Stationary Bikes
The stationary bike juggernaut Peloton announced that it was recalling about 54,000 clip-in pedals off 27,000 stationary bikes. The brand received 120 reports of pedal breakage, including 16 incidents leading to leg injuries, with some requiring stitches. Read more on GearJunkie.
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October 15, 2020
COVID-19 outbreak at cycling studio leads to 69 cases and counting
At least 69 people, spread among staff and patrons at Spinco from Sept. 28 to Oct. 4, have been infected with the coronavirus in Hamilton Ontario, Canada, after a series of classes at a cycling studio led to an outbreak, even though there were many safety protocols in place. Public...
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October 15, 2020
Darby Communications and Status Forward Announce Socially-Driven 2021 Stand Up Initiative
Asheville, NC – Oct. 15, 2020 – Darby Communications and Status Forward today announced the launch of their 2021 Stand Up Initiative. Previously geared toward nonprofits fighting to protect and preserve our public lands, the Stand Up team is proud to expand their pro bono program to also include nonprofits...
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October 15, 2020
2XU Partners with Flexit to bring Virtual Personal Training to the 2XU Community.
NEW YORK – FlexIt, the platform that enables users to seamlessly access live, 1-on-1 virtual training with personal trainers and access fitness facilities all over the country, announces its partnership with 2XU, a proven leader in performance sports apparel. This collaboration will allow users to take full advantage of both...
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October 13, 2020
Fitness tech company JAXJOX raises $10M as it gets ready to ship AI-enabled workout system
JAXJOX, a fitness technology company, has raised $10 million in a new funding round to help pay for the research and development of its signature InteractiveStudio workout equipment. The Series A round included investors Dowgate Capital Ltd. and entrepreneur Nigel Wray, and brings total funding to $17 million for the...
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October 13, 2020
Run Rock Vote partners with HeadCount.org to give Americans a fun and healthy alternative to Run, Rock, Register and Vote
With perhaps the most pivotal election the United States has ever witnessed less than a month away on Nov. 3, San Diego-based Run Rock Vote has partnered with HeadCount.org to get Americans excited about registering and voting by creating an added element of fun and fitness. The concept is simple....
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October 9, 2020
Pocket Outdoor Media Acquires Big Stone Publishing
Boulder, Colorado, USA — October 9, 2020 — Pocket Outdoor Media (POM), the world's leading creator of active lifestyle content, today announced the acquisition of Big Stone Publishing (BSP), the longtime publisher of Rock & Ice, Trail Runner, and Gym Climber magazines and websites. The BSP brands join POM’s existing...
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October 9, 2020
SPORTS Performance tech company Hyperice attracts slew of star athlete-investors, valued at $700 million
Performance technology company Hyperice has completed a Series A funding round for $48 million, which puts the firm at a $700 million valuation. The prominent athlete-investors, include NBA stars Anthony Davis, Chris Paul, Russell Westbrook, DeAndre Jordan, new Philadelphia 76ers coach Doc Rivers, and 2020 U.S. Open winner Naomi Osaka....