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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July 27, 2023
The new COROS HR Monitor promises Precise Data and Pure Comfort.
IRVINE, California / July 27th, 2023 /ENDURANCE SPORTSWIRE/ - COROS Wearables Inc., makers of GPS sports wearables and training software for performance and adventure, today announced the launch of its new Heart Rate Monitor accessory. A new way to wear COROS prioritising comfort and data accuracy COROS presents the HR Monitor...
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July 26, 2023
USA Triathlon and USA Triathlon Foundation Announce the Launch Of the Ignite The Spark Campaign To Kick Off Paris 2024 Countdown
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - With one year to go until the opening ceremonies for the Paris 2024 Olympic & Paralympic Games, USA Triathlon, together with the USA Triathlon Foundation, today unveiled its Ignite the Spark campaign, a comprehensive marketing and fundraising initiative that celebrates the resilience, determination, and dedication of...
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July 25, 2023
Shimano’s bike-related sales down 18% in first half
Shimano says interest in bicycles globally continues as a long-term trend, but that macro-economic conditions and industry inventory levels contributed to a 17.7% decline in sales in its bike business in the first quarter this year, compared to the same period last year. Net sales in Shimano's bike-related business were...
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July 25, 2023
Life Time’s Q2 Profits Surge
Life Time Group Holdings, Inc. raised its earnings guidance for the year after reporting a profit against a loss in the second quarter ended June 30 as adjusted operating earnings grew 115 percent. Revenue gained 21.8 percent. SGB Media
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July 25, 2023
Oiselle Taps Leading Active Lifestyle Agency OutsidePR as Agency of Record
SAUSALITO, Calif. (July 25, 2023)/ENDURANCE SPORTSWIRE/ – OutsidePR, a leading public relations agency in the outdoor and active lifestyle space will now represent women’s running brand, Oiselle. A trailblazer for inclusivity within the running industry, Oiselle’s mission is threefold: make great products, improve the sport, and grow the sisterhood. “We are thrilled...
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July 25, 2023
Kitman Labs Inks Deal with Iowa State University for Combined Medical Data and Performance Analytics Platform to Support Student Athletes
Menlo Park, California (July 25, 2023)/ENDURANCE SPORTSWIRE/ – Kitman Labs, the global enterprise SaaS platform providing the only single, centralized operating system for performance intelligence in Sports, today announced that Iowa State University will be deploying Kitman Labs’ iP: Intelligence Platform across all men’s and women’s varsity sports. They become the...
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July 25, 2023
MYLAPS goes carbon neutral
HAARLEM (25 July, 2023)/ENDURANCE SPORTSWIRE/ – MYLAPS announces a significant milestone: the company is now a carbon neutral organization. The sports technology company with offices in The Netherlands, United States, Australia, Malaysia, Japan, and China started measuring its carbon emissions on a yearly basis and set targets for reducing the carbon...
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July 25, 2023
Leading Home Fitness Brand Horizon Fitness Partners with Kinomap
(July 25, 2023) – BOSTON /ENDURANCE SPORTSWIRE/ – Interactive fitness platform Kinomap today announces a new partnership with leading home fitness equipment brand Horizon Fitness. The two health-focused brands are working to improve the experience of cardio equipment users everywhere by providing interactive training for indoor cycling and running. This partnership...
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July 24, 2023
Squirt Cycling Products Partners with Adventure Racing World Series
/ENDURANCE SPORTSWIRE/ -The primary disciplines of the sport of Adventure Racing include trekking, mountain biking and paddling with map-and-compass navigation to bring them all together. It is in this environment that Squirt Cycling Products are well suited, making them a perfect partner for the Adventure Racing World Series (ARWS). Squirt’s...
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July 24, 2023
SFuels expands partnership with Run Catalina series through 2025
AVALON, Calif. /ENDURANCE SPORTSWIRE/ - The Hi-Tec Run Catalina series and SFuels have announced a new two-year partnership, making SFuels the Official Nutrition Sponsor of all three storied island running events. The collaboration will cover nutrition and hydration needs for runners throughout their race day experience in each event, as...
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July 20, 2023
BodyArmor Founder Acquires Majority Stake In NOBULL
Billionaire beverage mogul Mike Repole has acquired a majority stake in NOBULL, the footwear and apparel brand that has deals with the NFL combine, PGA Tour, and CrossFit Games. FOS
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July 20, 2023
Mirror mirror on the wall who is the fittest of them all? MAGIC raises $2.5 million
The UK fitness tech start-up Magic Mirror has raised $2.5 million to bring AI-powered workouts into the UK’s living rooms, or wherever you do your workouts. It will also tell you if your 'form' is incorrect and count your reps, so there is basically nowhere to hide on your workouts....
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July 20, 2023
Tour de France Cycling Boom Helps French Family Firm Make Half a Billion Euros
Groupe Amaury, the closely held family business that owns the Tour de France, saw revenue jump by nearly a fifth last year, driven in part by a surging interest in the the world's most famous bike race. Revenue climbed to €550 million ($616 million) in 2022, a gain of 17%,...
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July 20, 2023
Mips AB Sees Q2 Sales Halved on Tough Bike Inventories, Late Season Start
Swedish helmet technology provider Mips AB saw second-quarter revenues cut in half from the year-ago comparable period, led by a continued sharp decline in its Sport and Moto businesses. Earnings per share were cut 75 percent for the period. Net sales for the three-month period ended June 30 fell 51...
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July 20, 2023
Full House of Team Ownership For Super League Triathlon’s 2023 Championship Series
/ENDURANCE SPORTSWIRE/ – After two successful years, the innovative concept is continuing to grow in 2023 with four Teams featuring five male and five female athletes, a full roster of Team Owners, an enhanced scoring system and new athlete recruitment procedures. The 2023 Teams are: Bahrain Victorious Scorpions managed by...
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July 20, 2023
SFIA and Running USA Announce Strategic Partnership
July 20, 2023/ENDURANCE SPORTSWIRE/ – The Sports & Fitness Industry Association (SFIA) and Running USA today announced an exciting strategic partnership that will benefit the members of both organizations. As the premier trade association for the sports and fitness industry, with a mission to promote participation and industry vitality, the SFIA...
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July 19, 2023
2024 Little Rock Marathon registration open, theme for 22nd annual race revealed
LITTLE ROCK, ARK /ENDURANCE SPORTSWIRE/ - Registration for the 22nd running of the Little Rock Marathon is open, race officials said Wednesday, adding that the theme this year should transport participants a few thousand years. Little Rock Marathon Executive Director Geneva Lamm said the marathon registration from now until September...
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July 19, 2023
Thule Inc’s Q2 Sales Fall on Continued Cycling Inventory Imbalances
Thule Inc. reported another challenging quarter as sales fell 15 percent in the Swedish company’s second quarter. The decline was blamed on continued weak bike-related product sales as retailers continue to focus on reducing inventory levels. The maker of car racks and bike accessories indicated inventories had returned to more...
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July 19, 2023
Carbitex Announces Leadership Appointments, Manufacturing Shift
KENNEWICK, Washington (July 19, 2023) /ENDURANCE SPORTSWIRE/ – Carbitex – the leader in flexible carbon fiber composites focused on footwear, travel, and accessories – is pleased to announce key updates that will further strengthen its position in the market and enhance the customer experience both in the United States and abroad....
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July 19, 2023
RBC GranFondo Whistler announces new military categories in support of Invictus Games Vancouver Whistler 2025
[Vancouver / Whistler, BC]/ENDURANCE SPORTSWIRE/ - In April 2022, Prince Harry, The Duke of Sussex, announced as the Founding Patron of the Invictus Games Foundation that the bid for the Invictus Games 2025 had been awarded to Canada. The Games will occur from February 6 to 17, 2025, in Vancouver...
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July 19, 2023
Triathlon Coach Jim Vance Joins 80/20 Endurance to Lead Coach Education Programs
Lehi, UT /ENDURANCE SPORTSWIRE/ – 80/20 Endurance, a leading provider of online training resources for endurance athletes, is pleased to announce the appointment of veteran triathlon coach Jim Vance as the company's Coach Education Leader. In this role, Vance will spearhead efforts to expand and manage the training, education, and support...
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July 18, 2023
Giant Group Sales Inch Down in Q2 as June Decline Disappoints
Revenue was for the Taiwan-based bike manufacturing company totaled NT$22.42 billion (US$ 730.3 mm) in the second quarter, a decline of 1.24 percent from NT$22.70 billion in Q2 2022. June sales were down 13.5 percent from the prior-year comparable month, following a 3.5 percent decline in May as the declines...
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July 18, 2023
RACE RESULTS adds new representative in Argentina
/ENDURANCE SPORTSWIRE/ – Following the high interest in its sports timing solutions and a growing customer base, RACE RESULT has now established a new representative for Latin America. José María Ravera is well known in the sports event industry in the region and valued as professional timer and race organizer for...
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July 17, 2023
EXEC: Nike Hit by Lawsuit Over Pocket Bras
Nike is facing a lawsuit in Boston Federal Court by an inventor who claims the sportswear giant stole her technology for a line of sports bras with pockets. In court papers, SherryWear, LLC said its founder, Sherry Goff, first pitched her patented Pocket Bra to Nike in 2015. SGB
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July 17, 2023
De Rosa Bicycles announced as Official Bike Partner of RBC GranFondo Whistler 2023
[Vancouver, BC Canada]/ENDURANCE SPORTSWIRE/ - De Rosa Bicycles, one of the world’s most well-known and appreciated bike brands today announced a new partnership with RBC GranFondo Whistler, the first and largest Gran Fondo in North America, becoming the proud Official Bike Partner of the event. To celebrate, De Rosa will...