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.
June 3, 2025
Peloton launching resale market for used bikes, treadmills
Peloton on Tuesday launched its own marketplace for reselling used equipment and gear as the company looks to capitalize on the many bikes and treadmills collecting dust in people’s homes. CNBC
June 3, 2025
Full-time editor wanted for Triathlon Magazine Canada – apply now
Triathlon Magazine Canada is looking for a talented and driven editor to lead the content across our print and digital platforms. This is a unique opportunity to combine your love for the sport with your editorial expertise. triathlon MAGAZINE Canada
May 29, 2025
Specialized expands Morgan Hill footprint, relocates Colorado employees
Specialized said it is expanding its facilities in Morgan Hill and relocating employees from Colorado to its longtime headquarters. Bicycle Retailer
May 28, 2025
How this marathon runner has spared 900,000 disposable cups from landfill
Kristina Smithe was running the California International Marathon in 2019, grabbing cups of water to stay hydrated, when she started to think about how much waste such events produce. FAST COMPANY
May 23, 2025
EXEC: Deckers Shares Plunge on Weaker Hoka Growth in Q4 and Q1 Guide Miss
In another example that a company is only as good as its last quarter, the parent of Hoka, Ugg, Teva, Ahnu, and Koolaburra found that all the great numbers and marketing hype from the fiscal 2025 full-year period did little to instill confidence in investors. SGB MEDIA
May 22, 2025
Strava’s valuation jumps to $2.2bn following acquisition of UK running app Runna
Strava, the fitness tracking app that has become a lockdown staple for millions of runners and cyclists, has confirmed a new valuation of $2.2 billion following its recent acquisition of Runna, a UK-based running coaching platform. The deal, announced in April and completed on Thursday, marks a major step in...
May 21, 2025
Sneaker Shock: Yes, Nike Is Raising Prices Too on Select Products Amid Trump’s Tariffs
Nike is raising retail prices at its U.S. stores — on average between $2 and $10 — but it won’t be for all goods. Nike apparel and equipment will see price increases at between $2 and $10, while footwear prices currently between $100 and $150 will see increases up to $5 and those...
May 21, 2025
Stif Mountain Bikes to close in September
Stif Mountain Bikes will be bowing out this September. "As we prepare to close our doors, we’re inviting you to help us clear the decks. There’ll be some amazing bargains to be had — a final celebration of the community that’s made this possible.", said Sammy from Stif Mountain Bikes....
May 21, 2025
Revel Bikes is Back! Founder Adam Miller Rescues Beloved Brand from Private Equity Downfall
The most shocking was the surprise announcement that Revel Bikes was closing. The brand had just unveiled three new bikes, and seemed to have a ton of momentum heading into the Sea Otter Classic, but that all came crashing to a halt. BIKE RUMOR
May 20, 2025
Supertri eyes US$60m raise to upscale its short-course triathlon portfolio
Supertri is reportedly in talks with investors to raise US$60 million to accelerate its expansion as a short-course triathlon and sport-tech brand. The news was first disclosed on May 16, 2025, in Bloomberg’s Business of Sports newsletter. According to sources close to the process, Supertri is targeting family offices (private wealth...
