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.
November 6, 2025
Cycling apparel pioneer Gore to close Gorewear clothing division after 40 years
German bike industry publication velobiz.de has reported that Gore contacted retailers a few days ago to announce that it will discontinue the Gorewear business next year. Velobiz.de says, "ore cites economic reasons for this drastic step, which is being announced now after ‘careful consideration and in-depth analysis of long-term prospects." road.cc
November 5, 2025
Strava Has Quickly Become the Most Popular Social Network for Music Fans
As more people shift their focus to health and wellness, music artists are using Strava as a new way to connect with fans. Between sharing their own fitness journeys and creating in-person experiences, the app is helping bring fans closer to artists. Strava reports that the number of new run clubs has...
November 5, 2025
Saucony Continues to Lead Growth at Wolverine as Running Category Dominates Market
Wolverine Worldwide continued to see its turnaround efforts bear fruit in the third quarter. The Rockford, Mich.-based footwear company said total revenue in the third quarter of 2025 was $470.3 million, up 6.8 percent from $440.2 million the same time last year. Ongoing total revenue in Q3 – which excludes the...
November 4, 2025
Has Eliud Kipchoge pioneered a new style of run influencing?
41-year-old Eliud Kipchoge's 17th-place finish in Sunday’s New York City Marathon confirmed what most of us already knew: the former world record holder is past his prime. But winning was never the goal. Kipchoge said his mission was to “unite the world through running.” And that might just be his new...
November 4, 2025
Life Time’s Q3 Profits Vault on Double-Digit Revenue Hike
Life Time Group Holdings, Inc. raised its full-year guidance after reporting third-quarter adjusted earnings surged 65.2 percent on 12.9 percent revenue growth, underscoring strong performance. Bahram Akradi, founder, chairman and CEO, stated: “Our third quarter results reflect strong execution and continued momentum across the business...". SGB MEDIA
November 3, 2025
Brooks Running Continues to Deliver Double-Digit Growth Globally
Brooks Running achieved its ninth consecutive quarter of year-over-year growth, increasing revenue by 17% in Q3 as all regions and channels delivered double-digit gains. A leader in performance run, Brooks accelerated global expansion efforts, growing year-to-date revenue by 23% in Europe, Middle East, and Africa (EMEA) and 82% in Asia...
November 1, 2025
How the CEO of Brooks Running went from teaching high school to leading a billion-dollar fitness brand
Brooks Running CEO Dan Sheridan sits at the helm of a billion-dollar global fitness brand that has over 1,400 employees. His path to the C-suite wasn't conventional, however. Sheridan told Business Insider that he grew up in a household of teachers, and when it came time to choose a career, he decided...
October 30, 2025
Coats Completes Acquisition of OrthoLite
Coats Group plc, a world-leading Tier 2 supplier of critical components to the apparel and footwear industries, announced today that it has completed its acquisition of OrthoLite, a global market leader in footwear materials and the number one brand in premium insoles. The acquisition marks a major milestone in the...
October 29, 2025
Garmin’s Q3 Boosted by Strong Double-Digit Gains in Fitness and Marine Segments
Garmin, Ltd. raised its earnings guidance for the year after reporting third-quarter results that slightly topped expectations. Sales jumped 12 percent, led by 30 percent growth in its Fitness segment and 20 percent in its Marine segment. The Outdoor segment declined 5 percent. SGB MEDIA
October 29, 2025
EXEC: Adidas Posts Strong Q3 Results on Back of Strong DTC, Solid Wholesale; North America Lags
Adidas CEO Bjørn Gulden announced the company achieved its highest quarterly volume to date in the 2025 third quarter. Revenues grew 12 percent year-over-year to €6.63 billion, with gains across all categories and regions. “The environment is volatile with the tariff increases in the U.S. and a lot of uncertainty...
