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.
September 18, 2025
Shipping container seizure in EU includes thousands of undervalued e-bikes
The seizure of 2,435 shipping containers here valued at least 250 million euros ($294.4 million) — including at least 500 filled with e-bikes — led to the European Public Prosecutor's Office (EPPO) charging six people including two customs officers for importing Chinese goods into the EU market and evading customs...
September 17, 2025
Fresh Off $2.2B Valuation, Strava Said To Be Prepping for IPO
Strava is gearing up for a U.S. initial public offering, with the San Francisco-based social fitness platform said to have invited Goldman Sachs, JPMorgan and Morgan Stanley to pitch for roles, according to a report. The move comes just months after Strava closed a fundraising round valuing the platform at $2.2...
September 13, 2025
Skechers Completes Deal to Become Private Company
Skechers announced on Friday the completion of its $9 billion go-private acquisition by 3G Capital, the biggest shoe buyout in history. The deal, announced in May, is valued at $9.4 billion. As a result of the completion of the transaction, Skechers’ shares will no longer trade on the NYSE at...
September 12, 2025
Inside New Balance’s Remodeled Flatiron Flagship Store in NYC
New Balance has reopened its New York flagship store in the Flatiron district. Located at 150 Fifth Avenue, the newly remodeled 2,200-square-foot store draws inspiration from the aesthetic of its Boston flagship. The company noted that the new store design marks a “pivotal moment” in its global retail evolution and will showcase locally inspired...
September 12, 2025
Legendary U.S. running coach Jack Daniels dies at 92
The running community has lost one of its most influential figures.Jack Daniels, the legendary coach and exercise physiologist, has died at the age of 92. Daniels passed away peacefully on Sept. 12, after watching his beloved Green Bay Packers win Thursday evening. Daniels’s career spanned more than six decades, during...
September 10, 2025
Swrve apparel brand finds new owner
Swrve announced Wednesday that it has a new owner and will relaunch in 2026 more than a year after the 20-year-old cycling and outdoor apparel brand said it would close. The owner and terms of the sale are not being released yet, swrve said in an email. The ownership transition...
September 10, 2025
EXEC: Giant Bicycle Continues Strong DD Sales Declines in August 2025
Giant Group’s monthly revenue fell 26.7 percent to NT$5.0 billion, marking the company’s fifth consecutive double-digit decline and the fourth straight month of strong double-digit decreases. The sharp drop for the month was offset by a 2.0 percent increase in the August 2024 period. SGB MEDIA
September 10, 2025
Rad Power reaches settlement with California man over e-bike crash
Rad Power has reached a settlement with a man who said his Rad Runner Plus e-bike caused him to fall and sustain injuries and damage property. The case is the Superior Court of California in San Francisco. Bicycle Retailer
September 9, 2025
IRONMAN CEO wants to turn the race organiser into a lifestyle brand
Since its first 15-person event in Waikiki, in Honolulu, in 1978, Ironman has grown into a globally recognised brand. In 2024, 200,000-plus brave souls registered to compete in an Ironman race – either the full Ironman or half Ironman – with double-digit growth recorded in several participant groups. The United...
September 8, 2025
Woom reports 41% revenue increase
Woom, the Austrian kids bike brand, has said its revenue for the first half of 2025 was its best yet, rising 41% to €90.1 million (about US$106 million) compared to the previous year. escape
