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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November 10, 2022
The Business of Fitness Podcast with Molly Hurford is Feisty Media’s new show bringing sport + business together for women
Victoria, BC— November 10, 2022 /ENDURANCE SPORTSWIRE/ - Feisty Media is releasing its 10th show, The Business of Fitness Podcast with Molly Hurford. The podcast explores all things athletic industry-related through the lens of the women who have been working in the endurance sport and fitness industries for years, and...
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November 10, 2022
Fuelin Partners with online store The Feed to Help Athletes Find the Right Fuel for their Training and Tastebuds
San Francisco, CA /ENDURANCE SPORTSWIRE/ – Fuelin and The Feed today announced a partnership that makes it easy for Fuelin athletes to purchase fueling products directly from The Feed via the Fuelin nutrition coaching app. Athletes will also receive annual store credit to The Feed as well as a custom Fuelin x...
November 9, 2022
Life Time Lifts Guidance As Q3 Beats Plan
Life Time Group Holdings, Inc. slightly lifted its outlook for the year after reporting third-quarter results that topped its guidance. Sales were ahead 28.9 percent as fitness center memberships were up 9.0 percent year-over-year. Total revenue increased 28.9 percent to $496.4 million from $385.0 million; net income was $24.7 million...
November 9, 2022
Wolverine Stock Slides as Company Misses Revenue and Profit Targets in Q3
Total revenue in the third quarter of 2022 was $691.4 million, which represents growth of 8.6% versus the prior year. Net earnings were $38.8 million, down 0.8% from the same time last year. By brand, Merrell's revenue was $198.6 million in the quarter, up 33.6% compared to the same period...
November 9, 2022
Squaw Valley 1960 Olympic Winter Torch sells for $720,000
The Squaw Valley 1960 Winter Olympic Games Torch, which was once in the possession of Walt Disney, has fetched $720,000 (£621,000/€714,000) at auction to an unknown buyer. Disney, who was the chairman of the Games Pageantry Committee, gave the Torch to film producer, writer and director Tom Leetch for his...
November 9, 2022
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO
Adidas (ADSGn.DE) further cut its 2022 outlook on Wednesday as it weighed the impact of its split from Ye, the rapper formerly known as Kanye West, but its shares rose on investor hopes a new CEO arriving from rival Puma can lead a fresh era of strength. Bjorn Gulden, who...
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November 9, 2022
BibRave To Provide Comprehensive Marketing Services for Race Day Events
Honolulu, HI /ENDURANCE SPORTSWIRE/ – BibRave, the leading-edge endurance and fitness marketing agency, is partnering with Race Day Events (RDE) to provide comprehensive marketing services across RDE’s impressive roster of endurance sports events including the Wisconsin Milkman Triathlon, Dairyland Dare, Wisconsin Women’s Triathlon, and the Madison Mini. BibRave will develop and...
November 8, 2022
Planet Fitness Revenue Bulks Up to $244.4M
Planet Fitness is making its pandemic comeback. The large fitness center operator reported third-quarter revenue of $244.4 million, marking a 58.4% increase from the same period last year. Net income reached $30.7 million, up $12 million from the same period the year prior. System-wide same store sales jumped 8.2%, and system-wide sales increased from...
November 8, 2022
Peloton settles pending litigation with rival Echelon
Peloton Interactive Inc and rival Echelon Fitness on Tuesday said they had settled all pending litigation between them, more than three years after Peloton sued the Tennessee-based fitness company for patent infringement. Echelon has agreed to stop using Peloton's patented leaderboard technology in on-demand classes, the companies said in a...
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November 8, 2022
RunSignup October Industry Update
November 8, 2022 - Moorestown, NJ /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration provider for U.S. endurance events, provides an October industry update. Aggregated registration data continue to show signs of gradual improvement for the endurance race industry after the long tail effects from the pandemic. Although most events have...