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 5, 2023
SNO-GO Partners With GovX To Offer Discounts For Active Military, Veterans, And First Responders
December 5, 2023 | Salt Lake City, UT/ENDURANCE SPORTSWIRE/ – SNO-GO, the global leader in ski bikes, today announced a partnership with government procurement platform GovX to expand access to its line of products for active military, veterans, and first responders. Through this new collaboration, SNO-GO will offer specially discounted ski bikes...
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December 5, 2023
Perceev Integrates with Race Result Timing to Provide Live Athlete Tracking and Leaderboards for Endurance Races
December 5, 2023 /ENDURANCE SPORTSWIRE/ – Perceev, an innovative new software as a service platform for endurance races, is excited to announce its integration with Race Result Timing Solutions. The Perceev platform is the first available technology of its kind to allow race directors to easily and affordably build an event...
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December 4, 2023
Xponential Fitness Acquires Lindora Weight Loss Clinics
Focused on weight management and metabolic health, Lindora clinics offer GLP-1s like Ozempic, IV drips, hormone replacement therapy, and cold laser therapy, among other treatments. Expanding its empire beyond exercise, XPOF will acquire Lindora’s intellectual property and take over 31 existing clinics, with plans to franchise the brand globally. Fitt...
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December 4, 2023
Brooks CEO Jim Weber and President Dan Sheridan on Fueling Growth in China and Europe, Tapping into the Retro Running Boom + More
Late last week, CEO Jim Weber and president Dan Sheridan spoke with FN on the final day of The Running Event (TRE), the annual running industry trade show held in Austin, Texas. During the event, Brooks revealed several products it expects to impress all types of running consumers throughout 2024,...
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December 4, 2023
Outside Welcomes Sales Executive Anthony DeMaio
BOULDER, CO - DECEMBER 4, 2023 /ENDURANCE SPORTSWIRE/ - Outside Interactive, Inc. today announced the appointment of Anthony DeMaio as executive vice president of sales for Outside Media, a newly created division consisting of the company’s 20+ consumer brands. In this role, DeMaio will be reporting to recently named Chief...
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December 2, 2023
Palmetto Running Company Named Best Running Store of 2023 at The Running Event
AUSTIN, Texas (December 2, 2023) /ENDURANCE SPORTSWIRE/ - Palmetto Running Company was named the Best Running Store of 2023 at The Running Event (TRE) in Austin, Texas. The Best Running Stores awards program honors leading run specialty retailers in the US and annually selects a Store of the Year. “Each...
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December 1, 2023
Runna Raises $6.3M for Running Coach App
Runna, a personalized running coach app that debuted in 2021, has closed another venture capital round, raising £5 million ($6.3 million), bringing Runna’s total raised funds to over £8 million ($10 million). JamJar led the latest funding, which included participation from Eka Ventures, Venrex and Creator Ventures. Since its launch,...
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November 30, 2023
R-bies chooses MYLAPS to offer best-in-class sports timing in Japan
TOKYO / HAARLEM (30 November, 2023) /ENDURANCE SPORTSWIRE/ – R-bies, one of the largest timing companies in the world, partners up with MYLAPS to offer best-in-class sports experiences to event organizers, their participants and fans in Japan. Both parties signed an agreement to work together in the coming years. Based in...
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November 30, 2023
Alete™ Active Nutrition partners with Henry Schein Medical Athletics & Schools to expand distribution of SaltStick®, Bonk Breaker® brands to sports medicine professionals across the country
THOUSAND OAKS, CALIF.— November 30, 2023/ENDURANCE SPORTSWIRE/ – Alete Active Nutrition, LLC (Alete) – a portfolio company that owns multiple sports nutrition brands, including SaltStick, Bonk Breaker, JoJé Bar® and Vitassium® – today announced plans to expand its United States distribution through Henry Schein Medical’s Athletics & Schools business. The partnership will...
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November 28, 2023
PEARL iZUMi and Nathan owner, United Sports Brands, acquired by Norwest Equity Partners
Norwest Equity Partners (NEP), a middle market investment platform founded in 1961, has acquired United Sports Brands (USB), which has a diverse portfolio of sporting goods and active lifestyle brands. The transaction closed on November 20, 2023, and financial terms were not disclosed. United Sports Brands’ (USB’s) six brands are: PEARL iZUMI,...
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November 28, 2023
Tonal Sues Smart Home Gym Rival Speediance
Tonal, the smart home gym company, has filed a lawsuit against competitor Speediance, alleging the rival brand infringes on its patents and is engaging in false and misleading advertising. The China-based Speediance is also alleged to tout itself as the “Tonal killer” and alter and/or delete reviews on its website...
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November 28, 2023
PEARL iZUMi and Nathan owner, United Sports Brands, acquired by Norwest Equity Partners
Norwest Equity Partners (NEP), a middle market investment platform founded in 1961, has acquired United Sports Brands (USB), which has a diverse portfolio of sporting goods and active lifestyle brands. The transaction closed on November 20, 2023, and financial terms were not disclosed. USB products are sold by leading retailers...
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November 28, 2023
Michael Clemons Named Running USA Director of Operations
Nov. 28, 2023/ENDURANCE SPORTSWIRE/ – Running USA is pleased to announce that Michael Clemons has accepted a permanent role as the organization’s Director of Operations. Clemons has been serving in this capacity as a contractor since September and becomes a full-time staff member effective December 1. "I've had the opportunity to...
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November 28, 2023
Leading road safety experts Bodylite announce partnership with sports, leisure and outdoor distribution agency Reydon Sports
28th November 2023, UK/ENDURANCE SPORTSWIRE/ – Bodylite are a leading Irish sportswear brand that specialise in visibility products and active gear for runners, walkers, cyclists and outdoor enthusiasts. Founded by Padraic George in 2013, the dedicated team based in Co Carlow, Ireland, have spent many years developing their industry-leading product...
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November 27, 2023
Performance Footwear From Hoka and On Helped Drive Shoe Sales During Thanksgiving Week, According to New Data
The U.S. footwear market had its best week of the season the week of Thanksgiving, with dollar sales down just 1 percent versus last year. Footwear’s improved results over the holiday week were driven by performance shoes. More specifically, performance shoes saw dollar sales increased by 10 percent in the...
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November 27, 2023
High Five Events Cordially Invites Prospective Team Members to Recruitment Event
AUSTIN, Texas, November 27, 2023 /ENDURANCE SPORTSWIRE/ – High Five Events, a leading privately owned event production company in the United States, is excited to announce a recruitment event for potential part-time staff at the High Five Events office on December 5, 2023, at 6:30 PM in Austin, Texas. The session...
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November 21, 2023
Dick’s Sporting Goods reports record Q3 net sales of $3.04 billion
Dick's Sporting Goods' third-quarter net sales increased 2.8% year-over-year to a record $3.04 billion. Net income for the quarter was $201 million, down 11.8% from $228 million year-over-year. Earnings per share decreased 16.3%, from $2.94 to $2.46. BRAIN
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November 21, 2023
The Running Summit 2023: A Premier Gathering for Running Coaches, Athletes and Enthusiasts
November 21, 2023 , Rock Hill, SC /ENDURANCE SPORTSWIRE/ - The much-anticipated Running Summit is set to take place on December 9th - 10th, 2023, conveniently located near Charlotte, NC, at Winthrop University in Rock Hill. This two-day event is for runners, coaches, and fitness enthusiasts seeking insights, expertise, and...
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November 21, 2023
Team Magic Rebrands to Magic Sports: A New Era in Sport Event Production
Nashville, Tennessee – [November 21, 2023] /ENDURANCE SPORTSWIRE/ - Team Magic, a pioneering force in the world of endurance sports event production since its founding in 1985, is excited to announce its transformation into Magic Sports. This rebranding reflects the company's commitment to innovation, growth, and a continued dedication to...
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November 21, 2023
Iconic Cross Channel Swim from Nevis to St. Kitts Under New Ownership
London, November 2023 /ENDURANCE SPORTSWIRE/ – Sponge Marketing & Events, in partnership with SwimTrek, is delighted to announce the new ownership of the Nevis to St. Kitts Cross Channel Swim. Jane Hansom (founder of Sponge) and SwimTrek will be jointly taking over this extraordinary island-to-island crossing from Winston Crooke, who founded and...
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November 20, 2023
Ciele Athletics welcomes Scott Gravatt as the new head of sales for US and Canada
MONTREAL (Nov. 20, 2023)/ENDURANCE SPORTSWIRE/ – Ciele Athletics, the high-end technical performance-running brand from Montreal, Quebec, is proud to announce a new head of sales for the U.S. and Canada. Ciele Athletics welcomes Scott Gravatt, running-industry veteran, joining the company following a 15-year tenure at Nike. In a pivotal 2018 meeting,...
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November 20, 2023
SOLE Fitness, Kinomap Announce Partnership to Further Fitness
SALT LAKE CITY (Nov. 20, 2023) /ENDURANCE SPORTSWIRE/ - SOLE Fitness, one of the largest fitness home equipment brands in the world, today announces it is partnering with Kinomap to improve and personalize the experience of SOLE cardio equipment users everywhere. Kinomap and SOLE Fitness are working together to elevate...
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November 20, 2023
Marathonfoto/Sportograf Announced as The Official Sponsor of the 2023 Mass Participation World Conference
Ho Chi Minh City, Vietnam /ENDURANCE SPORTSWIRE/ - MarathonFoto and Sportograf, the world’s leading race photography group, are proud to announce their sponsorship of the 2023 Mass Participation World Conference (MPW23) as the official photography partner for the next three years. This partnership is set to enhance the overall experience...
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November 20, 2023
CLASH Endurance Selected to Host 2024 Americas Triathlon Championships Event in Miami
/ENDURANCE SPORTSWIRE/ - CLASH Endurance is thrilled to announce its selection as the host venue of the 2024 Americas Triathlon Championship Event to take place at the Homestead Miami Speedway on March 7-8, 2024. In collaboration with USA Triathlon, CLASH will welcome top athletes from the Elite, Junior and Para...
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November 17, 2023
The ‘Apple of e-bikes’ targets profitability next year even as rivals enter bankruptcy
Cowboy, the Belgian electric bike maker, is expecting to hit full-year profitability in 2024 even as some of its market rivals are facing financial hardship. Adrien Roose, Cowboy's CEO and co-founder, told CNBC that he expects the company to reach profitability on an EBITDA basis by the end of the...