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.
December 19, 2024
“Made in Italy, just like us”: Selle Italia acquires Vittoria cycling shoes
Selle Italia has acquired Vittoria cycling shoes – joining Selle San Marco and idmatch as part of the Asolo, Italy-set Selle Italia group. Biella, Italy-based Vittoria has been developing and manufacturing cycling shoes for almost 50 years. Founded in the Seventies by Celestino Vercelli, Vittoria has become a household name...
December 19, 2024
Oura Hits $5.2B Valuation
Oura has completed a $200 million Series D funding round, raising the smart ring maker’s valuation to $5.2 billion. The round saw participation from Fidelity Management & Research Company and Dexcom, which will fuel Oura’s plans to expand its product offerings, explore additional acquisitions and invest further in AI. Dexcom — a leader...
December 18, 2024
What new tariffs could mean to the bike industry
Tariffs are coming, but exactly how they will be imposed, and what they could accomplish, is open to discussion. BRAIN
December 13, 2024
Campagnolo to Partner with Team Cofidis
Campagnolo announced a 2025 partnership with Team Cofidis, one of the World Tour’s largest teams. The company from Vicenza, Italy signed an agreement to completely equip the LOOK Cycle bikes that both the men’s and women’s teams will ride, from groupset to wheels. The partnership will start on Jan. 1...
December 12, 2024
Tariffs Are the Top Concern For Shoe Execs in 2025, FDRA Finds
A new survey from The Footwear Distributors and Retailers of America (FDRA) revealed that the government’s tariff policy is the top issue for a majority of shoe executives going into 2025. The FDRA’s Q4 2024 Shoe Executive Business Survey showed that a record-high number of executives have cited governmental actions on tariffs...
December 12, 2024
The year in review: Garmin releases 2024 Garmin Connect Data Report
Garmin released its 2024 Garmin Connect™ Data Report, highlighting overall health and fitness trends from its customers around the world. From detailed health and wellness stats – like how well our customers slept or how their bodies responded to stress – to fitness-driven data like average daily steps, insights from the...
December 11, 2024
California Electric Bike Voucher Program Launches December 18, 2024
California is launching a new incentive on Dec. 18, 2024 that will provide income-eligible Californians up to $2,000 toward the purchase of a new electric bike. Cycling West
December 10, 2024
Adidas headquarters raided in years-long tax investigation, company says
Authorities raided Adidas AG (ADSGn.DE), opens new tab headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday. Reuters
December 9, 2024
Black Diamond Parent Adds to Adventure Segment, Acquires RockyMounts
Clarus Corporation is the parent company of Black Diamond, which dominates the company’s Outdoor segment. The RockyMounts deal is the first acquisition in the Adventure segment since Clarus acquired Tred Outdoors in October 2023. SGB Media
December 5, 2024
How Personal Trainers Attract Clients in a Competitive New Year
For personal trainers, this annual rush represents a unique opportunity — and a challenge. How do they not only attract clients in a crowded market but also retain them? Athletec News