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.
May 19, 2022
BibRave Earns Exemplary Marks for Diversity, Equity, and Inclusion Within Company Culture
Portland, OR/ENDURANCE SPORTSWIRE/ – BibRave, the leading-edge endurance and fitness marketing agency, recently participated in the 2021-2022 Camber Survey System, and was highlighted as an exemplar DEI organization. Since 2019, BibRave has created and executed a DEI action plan, working diligently to accomplish goals like auditing and updating their mission, vision,...
May 18, 2022
Consumer spend in U.S. bike market flattens, but remains strong
Data released by the Bureau of Economic Analysis has revealed the U.S. bike market to be experiencing a post spike lull in spending on bicycle goods, though interest remains above pre-pandemic levels. The inflation-adjusted data put American expenditure on bicycles and accessories in 2020 at $7 billion, up by a...
May 18, 2022
Emerging Brand KINeSYS Sunscreen invited to Runchella 2022
/ENDURANCE SPORTSWIRE/ - KINeSYS Performance Sunscreen is honoured to be one of seven emerging brands invited to Runchella 2022, the Running Industry Association’s membership summit. Runchella runs from 16 – 19 May 2022 and combines educational programming, collaborations and brand presentations and is open to RIA members only. Lisa and...
May 17, 2022
On Hikes Guidance On Robust First Quarter
On, the Swiss running brand, raised its outlook for sales and earnings for the current year after reporting first-quarter results that easily topped Wall Street estimates. Net sales vaulted 67.9 percent in Q1 2022 and sales are now expected to grow at least 44 percent in 2022. SGBMedia
May 17, 2022
Alessandra Faciperi joins MarathonFoto as Director of Operations.
/ENDURANCE SPORTSWIRE/ - MarathonFoto, the world’s largest publisher of amateur endurance sports photos, announces that Alessandra Faciperi will join the team as the Director of Operations. Alessandra will oversee event staffing and Customer Service. Alessandra worked with MarathonFoto previously as Director of Client Relations in Europe. “We are thrilled to...
May 16, 2022
Peloton, NordicTrack maker iFit settle all litigation
Peloton Interactive Inc (PTON.O) and NordicTrack maker iFit said they have settled all pending litigation between them, where the fitness equipment makers accused each other of infringing their respective patents. Reuters
May 14, 2022
Adidas & Other Companies Accused of $109 Million Worth of Wage Theft in Cambodia
Adidas is refuting claims that it stole millions of dollars worth of wages from garment workers. The Clean Clothes Campaign, an activist group that advocates for workers, said in a recent blog post that Adidas and other brands had collectively failed to pay Cambodian garment workers an estimated $109 million in wages...
May 14, 2022
BibBoards Patent: The One and Only Fastening Clips
/ENDURANCE SPORTSWIRE/ - May 14, 2022 BibBoards are One-of-A-Kind BibBoards are the only solution to replacing your safety pins on race day. And now, Biboards are the only patented and trademarked product of their kind. When you order your BibBoards or partner with the company you can be sure that...
May 12, 2022
UltrAspire and Brooks Partner for an Athlete Collaboration
/ENDURANCE SPORTSWIRE/ - As a young man Bryce Thatcher found his passion for moving quickly and efficiently in the mountains. At that time, there were limited options for mountain running gear which led Bryce to design and build his own. Among his custom equipment, Bryce wore a pair of Brooks...
May 12, 2022
Giant Group’s first-quarter revenue up 8%
Giant Group revenues in the first quarter was NT$22.26 billion ($746 million), up 8% from the same quarter last year. However, the company said rising material costs, labor and logistics squeezed the company’s gross margin and operating profit. A higher mix of OEM work also contributed to a lower margin of...
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