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.
October 8, 2025
Ahooga raises €5.5 million to grow global business and folding bike platform
Belgian compact bike specialist Ahooga has secured €5.5 million for international expansion and engineering innovation. The funding includes €3.5 million in equity and €2 million in debt financing, and will be used to expand Ahooga’s dealer network, boost brand awareness and prepare for entry into new markets. The company will also invest...
October 8, 2025
Athlos NYC track meet hits grand slam with new payment sponsor
Heading into its second year, the women-only track meet Athlos has secured a major sponsor to ensure athletes get paid—fast. On Thursday, co-founder Alexis Ohanian announced that Cash App will be the official payments sponsor, promising what he calls “a faster future.” Last year’s payouts took three business days, which Ohanian says wasn’t good...
October 6, 2025
Johnson Fitness & Wellness, Peloton Ink Retail Partnership
Just ahead of the holiday shopping season, Peloton has forged a retail partnership with Johnson Fitness & Wellness (JFW), the retail division of Johnson Health Tech, bringing the connected fitness company’s new Cross Training Series to more than 100 JFW stores nationwide and giving consumers hands-on access to its latest lineup. The...
October 6, 2025
Suunto sues Garmin over patent infringements as legal troubles build
Less than a week after Strava’s lawsuit against Garmin was revealed, it has come to light that Suunto is also suing the company.Filed in a Texas court on 22 September, Suunto’s case accuses Garmin of infringing five patents related to measuring a user’s respiratory rate. bikeradar
October 5, 2025
Camille Herron to sue Canadian Running Magazine parent company Gripped Publishing Inc
American ultramarathon runner Camille Herron has announced that she is suing the company that owns Canadian Running Magazine, Gripped Publishing Inc. She is claiming defamation. athletics illustrated
October 3, 2025
Grand Slam Track receives emergency funding to pay half of what athletes are owed
As the end-of-September payment deadline approached, Grand Slam Track (GST) still owed athletes and vendors from its three Slam meets a reported US$19 million. On Friday, Front Office Sports reported that the startup has secured an emergency cash infusion to cover half of that shortfall. According to the report, a group of existing investors...
October 2, 2025
Strava Just Sued Garmin: Demands Garmin Stop Selling Devices
Strava has sued Garmin. In doing so, they are demanding that Garmin cease selling effectively all of their fitness/outdoor watches, as well as cycling computers. Additionally, they’re asking for a bunch of feature removals on Garmin Connect. Strava is claiming that Garmin is infringing on two patents, one around segments,...
October 2, 2025
Europe cracks down on illegal e-bike imports
In June 2025, European prosecutors detained more than 2,400 shipping containers in the Greek port of Piraeus, with over 500 of them packed with e-bikes, which investigators said were misdeclared, undervalued, or only partially declared. In May, Irish customs officers searched two warehouses in Wexford and uncovered more than 4,000 illegally...
October 2, 2025
Strava blames Garmin logo policy for lawsuit
Strava has now spoken up about what led it to sue Garmin, and it seems to have little to do with Segments or heatmaps. In a Reddit post, the company’s Chief Product Officer claims Garmin threatened to block all device syncing unless Strava plastered its logo on every user-facing screen. Gadgets &...
September 30, 2025
On’s New COO Could Expand Use of Robots in Shoe Production
On said Tuesday that Sam Wenger is stepping down as chief operating officer after eight years at the company. The Roger Federer-backed sneaker brand has named chief innovation officer Scott Maguire to take on the new dual role of chief innovation and operating officer, starting Jan. 1, 2026. He joined...
