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.
January 26, 2023
Wolff E-Bikes Adds SIMBOL Communications to Pack as PR Agency of Record
Quebec, Canada (January 26, 2023) /ENDURANCE SPORTSWIRE/ – Building on strong early success, Canada-based Wolff E-Bikes – makers of a wide range of high-value commuter/hybrid e-bikes – is redoubling its efforts to build consumer and retailer base in the US and Canada; to help this effort, they’ve hired the longtime cycling/active lifestyle...
January 25, 2023
Adidas, MSG Sports Among Backers of Sapphire Sport’s Venture Fund
Some of the largest companies in sports have invested in a new venture capital fund. Sapphire Sport has raised $181 million from a group of investors that include Sinclair Broadcast Group, Adidas, Madison Square Garden Sports, Arctos Sports Partners, City Football Group, and AEG Worldwide. The fund will focus on investments in sports, media,...
January 24, 2023
Strava will add high-res 3D maps for outdoor activities
Strava routes are about to get three-dimensional. The popular fitness social network announced today that it’s acquired Fatmap, a mobile app known for its 3D maps for outdoor sports like hiking, trail running, skiing, and mountain biking. The Verge
January 24, 2023
Heidi Muller Leads a Buy Out of the Adventure Racing World Series
23/01/2023 /ENDURANCE SPORTSWIRE/ - The Adventure Racing World Series is under new ownership after the company was purchased from Geocentric Outdoors (Australia) by a consortium of investors lead by current CEO, Heidi Muller. Muller has been CEO for the past year, and in full operational charge of the global adventure...
January 20, 2023
The Fallout from the Pandemic Bike Boom
A month after lockdowns had them wondering about their future in the spring of 2020, they suddenly couldn’t keep up with demand. For a year and a half, staff worked overtime as Americans rolled out their dusty steads or bought new ones. A 50 percent increase in riding, plus supply...
January 20, 2023
The Pro’s Closet has another round of layoffs
The company that began in 2002 as an eBay store for pre-owned bikes and quickly expanded in size and workforce did not say how many employees were affected. In October, The Pro's Closet reduced its workforce by 15%. Bicycle Retailer
January 20, 2023
Team MPI Expands Coaching Staff
Boise, ID (January 2023) /ENDURANCE SPORTSWIRE/ – Team MPI is proud to add Sydney Buckley to its coaching staff. Based in Cheyanne, WY, Coach Sydney brings more than 20 years of swimming expertise to Team MPI. As a swimmer, Sydney was a Colorado State Champion, a Colorado state record holder, and...
January 19, 2023
Run Local® Acquires Oakland Running Festival
OAKLAND, Calif. – (January 19, 2023) /ENDURANCE SPORTSWIRE/ – After a decade of growing the Oakland Running Festival into a community-wide celebration and must-do on a runner’s annual calendar, Corrigan Sports Enterprises has sold the property to Bay Area-based events company Run Local®. The 2023 edition takes place on Sunday, March...
January 19, 2023
The Pro Trail Runners Association: Trail Running’s First Union
As the sport grows, professional athletes are banding together to create a group that can lead the way on issues like doping, contract clarity, and race schedules. Here’s what it means for the future of the sport. Trailrunner
January 19, 2023
USA Cycling Announces Cari Higgins as Chairwoman of the Board and New Athlete Advisory Council
COLORADO SPRINGS, Colo./ENDURANCE SPORTSWIRE/ – Cari Higgins, former Vice Chair of USA Cycling’s Board of Directors, has been recently elected as Chairwoman. “I am honored to have been elected as the Chairwoman of the USA Cycling Board of Directors. It’s not just symbolic that I’m the first woman and first athlete...
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