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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August 13, 2023
XTERRA Czech World Cup Weekend Wrap
/ENDURANCE SPORTSWIRE/ - Felix Forissier (FRA) and Solenne Billouin (FRA) won the XTERRA Czech Republic full-distance off-road triathlon elite titles in Prachatice on Saturday, August 12, 2023, and Billouin and Arthur Serrières (FRA) captured the XTERRA Czech Short Track titles on a beautiful blue sky day at Ktišský Lake on...
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August 11, 2023
Resale company Trove raises $30 million in Series E funding
Trove has raised $30 million in Series E funding, the resale technology company announced on Thursday. Wellington Management and ArcTern Ventures co-led the funding round, and Mitsui Fudosan’s CVC Fund, G2 Venture Partners, Prelude Ventures and other current Trove investors participated in the round. The funding will support the company’s...
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August 11, 2023
British Cycling could take legal action to prevent Japanese and French Federations from using new track bikes
British Cycling is considering taking legal action over potential patent infringements from the new bikes of the Japanese Track Cycling Federation and French Track Cycling Federation. Cycling Weekly understands the potential infringements relate to the wide fork and seat stay designs on the Look P24 and V-IZU TCM. This design...
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August 11, 2023
XTERRA World Cup – Czech Republic this Weekend in Prachatice
/ENDURANCE SPORTSWIRE/ – The XTERRA World Cup rolls into the medieval town of Prachatice in the Czech Republic with full distance and XTERRA Short Track races this Saturday and Sunday, August 12-13. It’s the start of an intense set of five races in 15 days across three countries that could...
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August 10, 2023
Despite surge in MTB helmet sales, Leatt revenue decreases 31% year-over-year
Leatt Corporation's second-quarter revenue decreased 31% year-over-year despite mountain bike and moto helmet sales increasing 48% compared with the same time last year. Global revenue for the quarter ending June 30 was $12.35 million, compared with $17.93 million at the same time last year. Helmet sales accounted for $3.52 million,...
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August 10, 2023
Wolverine to Close Boston Campus, Consolidate US Offices to Michigan
Wolverine on Thursday announced the planned closure of its Boston headquarters by the end of the year and the consolidation of its offices across the U.S. to its Rockford, Mich., campus. The announcement came as Wolverine Worldwide announced sagging results for the second quarter, as well as the sudden exit of CEO Brendan Hoffman. The company named Christopher...
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August 10, 2023
Cycling travel expert Sportive Breaks announces North America launch
/ENDURANCE SPORTSWIRE/ – Sports travel expert Sportive Breaks offers customized premium travel packages for cyclists looking to take part in the world’s most prestigious grand tours, cycling classics and weekenders. They offer an expertly curated range of customized travel packages including cycling tours, training camps, hospitality and VIP experiences. Customers...
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August 9, 2023
Many Pro Runners are Becoming Coaches. What’s the Deal?
As the sport of running grows, so do many of its cottage industries. Coaching has quickly become an industry that many are tapping into as more people enter the sport, but experiences may vary. Trailrunner
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August 9, 2023
USA Triathlon Approves 80/20 Endurance Coaching Certification for 4 CEUs
Lehi, UTAH/ENDURANCE SPORTSWIRE/ - 80/20 Endurance, a trailblazing provider of online training resources for endurance athletes and coaches, is thrilled to announce a major achievement: our renowned 80/20 Endurance Coaching Certification Course has been officially endorsed by USA Triathlon, enabling participants to earn 4 Continuing Education Units (CEUs). "This milestone...
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August 8, 2023
Under Armour Limits Fiscal Q1 Downside with Strong International Growth
Under Armour, Inc.’s total net revenue was down 2.4 percent (-1.3 percent currency-neutral) year-over-year to $1.32 billion in the fiscal first quarter ended June 30. Wholesale revenues declined 6.3 percent to $742.0 million in the quarter, while direct-to-consumer sales increased 4.5 percent to $544.2 million in the period. SGB Media
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August 8, 2023
Asics Posts Another Record Quarter Thanks to Global Return of In-Person Sporting Events
Asics hit another milestone in the second quarter of 2023, reporting its highest-ever quarterly sales as business increased year-on-year in all regions and categories in the period. According to the Japan-based athletic brand, net sales in the second quarter increased 28.9 percent to 290 billion yen ($2.03 billion based on...
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August 8, 2023
Sports Tech HQ Invests in SummaForte™, a Science-Driven Performance and Recovery Brand For Athletes, Fitness-Conscious Consumers, and Sports Training, Rehabilitation and Medical Professionals
INDIANAPOLIS /ENDURANCE SPORTSWIRE/ – Sports Tech HQ is pleased to announce its investment in SummaForte, a performance and recovery brand leveraging CBD, clinically-tested nutrients, and innovative manufacturing and delivery technologies to help people achieve peak performance and rapid recovery. The US Farm Bill of 2018 legalized CBD throughout the US, but...
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August 7, 2023
TicketSocket teams up with The National Cycling League in a multi-year partnership to provide a white label ticketing and registration solution
Giant Group's first-half revenue was NT$42.6 billion ($1.34 billion) in its first fiscal half, down 5.4% from the same period last year. But the company said strong sales in the China market helped. The domestic China market's interest in performance cycling drove a 70% sales increase in the half there....
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August 7, 2023
Thömus Bikes Head to Glasgow for UCI MTB World Championships with Three Favorites
Santa Monica, California (August 7th, 2023) /ENDURANCE SPORTSWIRE/ - Thōmas Maxon Team, current UCI team points leaders are ready to head to Glasgow with 4th placed UCI ranked Lars Forster, winner in Leogang, 19th placed Mathias Flückiger who took 2nd in Val De Sole, Vital Albin, U23 rider Luke Weidmann,...
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August 5, 2023
Brownlee Fitness and Challenge Family Unite to Redefine the Triathlete Race and Training Experience via TrainingPeaks
/ENDURANCE SPORTSWIRE/ - In a collaboration announced today, Brownlee Fitness and Challenge Family have joined forces to create the ultimate race and training experience for triathletes across the globe, delivered via TrainingPeaks. Drawing on the expertise of two of the UK's greatest triathletes, Alistair and Jonny Brownlee, this collaboration marks...
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August 3, 2023
Oiselle Launches “Year of the Underbird” in Support of Unsponsored OTQ Athletes
Seattle, Wash. (August 3, 2023) /ENDURANCE SPORTSWIRE/ - Oiselle, an innovator and thought leader in the women’s running space announces their new sponsorship program, “Year of the Underbird”. This initiative will support 5 unsponsored female marathon runners as they prepare for the Olympic Trials in Orlando in 2024. Sponsorship includes...
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August 3, 2023
Nix Biosensors teams up with the National Cycling League to provide innovative hydration technology to NCL athletes
/ENDURANCE SPORTSWIRE/ – Today, the National Cycling League (NCL) announced an official partnership with Nix Biosensors. This partnership celebrates the shared commitment of both companies in their continued efforts towards innovation in the field. The NCL, which launched last year, is reimagining the future of sports with the first women-...
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August 3, 2023
BibBoards Celebrates 6 Years of Innovation, Surpassing Milestones in Endurance Sports
San Ramon, Ca /ENDURANCE SPORTSWIRE/ – BibBoards INC the pioneering inventors of BibBoards event bib fasteners, proudly celebrates its 6th anniversary, marking a remarkable journey of innovation, growth, and industry impact. With unwavering dedication and commitment to excellence, BibBoards has become a staple in the running & cycling community, transforming the...
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August 3, 2023
ShowcasedPERCEEV – the Digital Stadium of Endurance Sports – Seeks Ignitor Accounts
Carlsbad, CA /ENDURANCE SPORTSWIRE/ - Perceev, a software as a service platform for endurance racing events, is emerging from stealth. Perceev is seeking race organizers who are interested in utilizing the platform as strategic partners. These partners will benefit from FREE use of the platform and FREE in-house builds for...
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August 2, 2023
Helijet Superweek announced in celebration of RBC GranFondo Whistler 2023 partnership
[Vancouver, BC] /ENDURANCE SPORTSWIRE/ - RBC GranFondo Whistler today announced the week of August 7-13, 2023 will be designated as Helijet Superweek. Helijet is the official air transport partner of the event which holds the title of North America’s largest Gran Fondo, a mass-participation cycling challenge. Helijet Superweek is a new...
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August 2, 2023
Elite Podiatrist and Footwear Developer Simon Bartold Backs Innovative Vimazi, Will Exclusively Distribute in AU and NZ
Portland, Ore., (August 2, 2023) /ENDURANCE SPORTSWIRE/ - Vimazi, maker of the first ever pace-tuned running shoes, and Simon Bartold, globally recognized podiatrist to the running elite and advanced development consultant for industry leaders ASICS and Salomon, announce today a partnership to have Bartold be Vimaz’s exclusive distributor for Australia...
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August 2, 2023
Independent mountain bike magazine Cranked to cease publication
Independent mountain bike magazine Cranked is to cease publication next month, with its 34th edition the last to roll off the printers. Founded in 2015 by photographer and writer Rogers, Cranked operated with the tagline “a magazine for mountain bikers”, and each quarter delivered high quality writing and photography from...
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August 2, 2023
UCI announces creation of second division of women’s professional cycling teams
The International Cycling Union (UCI) has announced plans to create a second division of women’s professional teams, a move that would bring the sport’s team structure in line with their male counterparts. The UCI women’s pro team division is set to come into the sport in 2025 and is due...
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August 2, 2023
10 Years and Counting: haku Notches Anniversary Milestone
Miami, August, 2023 /ENDURANCE SPORTSWIRE/ –haku is thrilled to announce a momentous milestone as it celebrates its 10-year anniversary, commemorating a decade of excellence in providing comprehensive business solutions to event organizers. With an unwavering commitment to empowering organizers in their technology transformation journey, haku has redefined the landscape of how...
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August 2, 2023
The National Cycling League announces additional star-studded investors including Kevin Durant and Rich Kleiman’s Boardroom Sports Holdings, Heisman Trophy winner and Super Bowl XXXI MVP Desmond Howard, and CEO of DraftKings Jason Robins.
/ENDURANCE SPORTSWIRE/ – This week, the National Cycling League (NCL), the first professional cycling league of its kind, announced the addition of new investors to its diverse and star-studded roster, including Kevin Durant and Rich Kleiman’s Boardroom Sports Holdings, former NFL wide receiver Desmond Howard, and CEO of DraftKings Jason...