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, 2023
Registration opens for 22nd Little Rock Marathon Expo
LITTLE ROCK, Ark. (November 10, 2023) /ENDURANCE SPORTSWIRE/ - Registration is now open for the 2024 Little Rock Marathon Health and Fitness Expo, presented by the Hatcher Agency. The two day event features vendors and exhibitors showcasing products and services geared toward runners, walkers and health-minded consumers. The Expo will...
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November 9, 2023
Life Time Sea Otter Classic Expo off to Record-Breaking Start
MONTEREY, Calif. (November 9, 2023) /ENDURANCE SPORTSWIRE/ - Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, announced that more than 1,000 brands will be represented at the 34th Annual Life Time Sea Otter Classic presented by Continental. With reservations coming in at record pace, exhibitor space for the...
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November 9, 2023
Raleigh set for restructure and job cuts
British cycling brand Raleigh has announced that it will be making job cuts alongside an internal restructuring. Attributing the changes to a challenging market, the company will be shutting down its parts and accessories department as well as outsourcing its warehousing and logistics. In an interview with ITV, a spokesperson...
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November 9, 2023
Wolverine Sees New Round of Layoffs as It Looks to Further ‘Streamline’
Wolverine Worldwide is accelerating its transformation plan as it looks to “streamline” the organization. As part of this plan, the Rockford, Mich.-based footwear company on Thursday revealed a new global workforce reduction and organizational redesign. While Wolverine has not disclosed the number of employees affected by this move, the company...
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November 9, 2023
Can Specialty Run Handle More Competition? Is the ‘Super Shoe’ Here to Stay? + More Burning Questions for the Running Market
The running market continues to be the hot spot in athletic footwear, and everyone wants a piece of it. For instance, Nike, which had been prioritizing its direct-to-consumer channels, renewed its partnerships with non-athletic retailers Macy’s and DSW earlier this year. And Hoka — FN’s Brand of the Year and...
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November 9, 2023
Cigna Healthcare Extends Title Sponsorship with the Denver Colfax Marathon
Denver, CO (November 9th, 2023) /ENDURANCE SPORTSWIRE/ - The Denver Colfax Marathon announced today that Cigna Healthcare is renewing its title sponsorship for the 2024 Denver Colfax Marathon. This partnership comes as the health benefits provider continues to support the health and vitality of those in the greater Denver community...
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November 8, 2023
Adidas Ekes Out Growth in Q3 on Gains in all Regions Except North America
Adidas posted a 1 percent increase in currency-neutral (c-n) revenues in the third quarter of 2023. The company said the top-line development reflected the company’s conservative sell-in approach aimed at reducing high inventory levels, improved sell-through as well as the company’s focus on full-price sales across its own channels. In...
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November 8, 2023
Norrøna, a Legendary Norwegian Brand Opens Its New Immersive and Inspiring Headquarters in Lysaker
Oslo, Norway (Nov, 2023)/ENDURANCE SPORTSWIRE/ – Norrøna, the family-owned Norwegian adventure travel company and manufacturer of high-end outdoor apparel and outerwear, today unveiled a revolutionary global headquarters. The iconic brand welcomes a diverse international guestlist to the grand opening of the space, which sprawls 8,200-square-feet and includes Norrøna’s largest and most immersive...
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November 7, 2023
Wattbike appoints e-commerce specialist Ahmed Khodja as Direct to Consumer Director, to spearhead international growth plans
7th November 2023, Nottingham, UK/ENDURANCE SPORTSWIRE/ – E-commerce and digital transformation expert Khodja joins the Wattbike team as Direct-to-Consumer (DTC) Director, a brand new role which will see him responsible for setting Wattbike’s global DTC vision by unlocking the potential of the brand. Khodja will be responsible for the transformation of...
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November 7, 2023
Wild Willies to be the Official Beard Products and Soap of Tough Mudder Dallas and Central Florida
BOSTON, MASS. (11/7/23) /ENDURANCE SPORTSWIRE/ - Tough Mudder, the global extreme wellness brand, announces that Wild Willies will become an official sponsor, to offer their top-of-the-line portfolio of leading men’s grooming and styling products, to participants at select Tough Mudder events. “We are excited to have Wild Willies - a...
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November 6, 2023
Nike sues New Balance, Skechers for patent infringement over sneaker technology
Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike's technology for making upper portions of sneakers. The lawsuits said that several New Balance athletic shoes and Skechers sneakers misuse Nike's patented "Flyknit" technology for running, soccer and basketball shoes....
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November 6, 2023
The Running Event Announces New Partnership with Footwear News
Portland, Maine (November 6, 2023) /ENDURANCE SPORTSWIRE/ - The Running Event (TRE), North America’s premier specialty retail conference and trade show, today announced Footwear News (FN) as an official media partner for the 2023 and 2024 events. The partnership will include extensive editorial content, updates about TRE programming, and deep...
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November 3, 2023
Kane Footwear and Super Coffee Announce Collaboration
Westport, CT and Austin, TX (November 3, 2023) /ENDURANCE SPORTSWIRE/ - Kane Footwear, the leader in active recovery footwear, and Super Coffee, the good-for-you bottled coffee brand, today announce the launch of their collaborative Super Coffee x Kane Revive recovery slip-on. The shoe features a creamy yellow upper with a...
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November 2, 2023
Peloton reports wider-than-expected loss, ‘bad news’ on paid subscriptions
Peloton’s sales during its fiscal first quarter were higher than expected but its losses underperformed Wall Street’s expectations. The connected fitness company, known for its pricey Bike and Bike+, is struggling to convert new users into paid subscribers. For its holiday quarter, Peloton is expecting revenue of between $715 million...
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November 2, 2023
ShowcasedCharm City Run to Move Annapolis and Timonium Locations in 2024
BALTIMORE, MD, 2023 November 2 /ENDURANCE SPORTSWIRE/ – Charm City Run is pleased to announce that it will be moving two of its most tenured locations in 2024. After 22 years, Charm City Run will be moving its original Timonium location to 1313 York Road, Lutherville, MD. After 16 years in...
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November 2, 2023
Marathon Tours & Travel celebrates 45 years since first bringing runners to the New York City Marathon
November 2, 2023, USA/ENDURANCE SPORTSWIRE/ – Marathon Tours & Travel (MTT) is the world’s largest specialist running travel brand, with offices in the USA, UK and Australia. This November it celebrates 45 years since it first took runners to what is now the world’s largest Marathon – the TCS New York...
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November 2, 2023
Scott Nilson named as US General Manager to Lead Super League Triathlon’s North American Expansion
/ENDURANCE SPORTSWIRE/ – Scott Nilson has been appointed as Super League Triathlon’s first US General Manager to lead its American expansion. Scott joins Super League as it prepares to launch its first full US mass participation Series in 2024 after adding the prestigious Chicago and New York Triathlons to its...
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November 2, 2023
ShowcasedCABDA Opens Registration for Three Q1 Trade Shows
Chicago, IL – November 2, 2023 /ENDURANCE SPORTSWIRE/ - Organizers of the CABDA Expo announced this week that attendee registration is now open for all three of its highly anticipated 2024 trade shows. As the cycling industry continues to evolve, CABDA remains at the forefront, providing invaluable opportunities for networking,...
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November 2, 2023
Best Bike Split Works with OpenAI to Create an AI Assistant
Austin, TX (November, 2023) /ENDURANCE SPORTSWIRE/ – Best Bike Split (BBS) proudly announces the launch of its latest feature, the BBS AI Assistant, designed to propel athletes and coaches toward unparalleled success on race day. This innovative tool underscores BBS's commitment to harnessing the latest AI advancements, offering users an...
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November 1, 2023
Vista Outdoor Reports Second Quarter FY24 Financial Results
Vista Outdoor Inc. reported financial results for the second quarter of Fiscal Year 2024 (FY24), which ended on September 24, 2023. Sales decreased $105 million to $677 million, down 13 percent, driven by lower shipments across nearly all categories in the Sporting Products segment. Gross profit declined 21 percent to $209...
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November 1, 2023
Garmin Lifts Outlook On Q3 Beat
Garmin, Ltd. raised its guidance for the year as third-quarter results topped expectations. Among segments, fitness sales grew 26 and Outdoor advanced 7 percent while Marine declined 7 percent. Highlights for the third quarter 2023 include: Consolidated revenue of $1.28 billion, a 12 increase compared to the prior year quarter...
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November 1, 2023
Brooks Running Eyes Return to Double-Digit Growth In 2024
Brooks Running’s global revenue grew 5 percent in the first nine months of 2023, with North America revenue increasing 7 percent. The Seattle, WA-based running brand, owned by Berkshire Hathaway, reported it remains the leading running footwear brand across U.S. retail and forecasted a return to double-digit growth in 2024....
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November 1, 2023
How Brooks Plans to Achieve Double-Digit Growth in 2024 As the Running Market Heats Up
While other running brands such as Hoka and On have been generating big buzz, Brooks continues to show solid gains. As of the third quarter, Brooks’ global revenue grew 5 percent year-to-date, with North America revenues increasing 7 percent. Internationally, Brooks’ revenue increased 22 percent in France and the United...
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November 1, 2023
Angel City FC Launches Performance Optimization Solution From Kitman Labs
Menlo Park, California and Los Angeles, CA (November 1, 2023) /ENDURANCE SPORTSWIRE/ – Kitman Labs, the global enterprise SaaS platform providing the only single, centralized operating system for performance intelligence in the elite performance industry, today announced a new relationship with LA-based, NWSL club, Angel City Football Club. On the heels...
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November 1, 2023
Gran Fondo National Championships Among 18 Championships Announced by USA Cycling
(Gettysburg, PA – November 1, 2023) /ENDURANCE SPORTSWIRE/ - The 2024 US Gran Fondo National Championships was one of 18 championships revealed by USA Cycling for the 2024 season. Organized by Gran Fondo National Series for the fourth year, the 2024 Gran Fondo National Championships is scheduled for September 15,...