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.
February 16, 2022
Despite flat fitness sales, Garmin has record-setting revenue growth
Garmin Ltd. reported record revenue for the year and in the fourth quarter despite flat fitness sales that include cycling products. Revenue for the quarter increased 3% to $1.39 billion compared with $1.35 billion at the same time last year. For 2021, revenue was up 19% year-over-year, rising from $4.1...
February 16, 2022
Trek Bicycle Buys Wisconsin Off Road Series
Trek Bicycle has purchased the Wisconsin Off Road Series (WORS). With Don Edberg’s recent retirement, Trek has stepped in to manage the series and build growth. SGB Media
February 16, 2022
Milestone Reached: Cal Poly Humboldt Becomes 40th School to Add Varsity Women’s Triathlon
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - USA Triathlon, along with Cal Poly Humboldt’s Executive Director of Intercollegiate Athletics and Campus Recreation Cooper Jones, today announced that Cal Poly Humboldt in Arcata, Calif., will become the 40th school in the nation to offer women’s triathlon at the varsity level. The NCAA Division...
February 16, 2022
New App from Council for Responsible Sport Tracks Environmental and Social Responsibility Progress of Sporting Events
Portland, OR | February 16, 2022 /ENDURANCE SPORTSWIRE/ - The Council for Responsible Sport and Tata Consultancy Services today announced ReScore, a first-of-its-kind app that enables sporting event organizers to measure, track, report, and verify their progress on a broad range of environmental and social indicators. ReScore simplifies the approach...

February 15, 2022
Thousands expected to #FlyDowntheField for Inaugural War Eagle Run Fest
AUBURN, Al. /ENDURANCE SPORTSWIRE/ - Over 2,400 running enthusiasts and Auburn faithful will #FlyDowntheField this Sunday for the Inaugural War Eagle Run Fest just like Auburn University legends Cam Newton and Bo Jackson once did before them. The Inaugural event on Feb. 20 offers Tiger fans, students, and faculty alike...
February 15, 2022
Digital Fitness Platform – FitOn – Announces $40M in New Funding & Acquisition of Peerfit
LOS ANGELES, Feb. 15, 2022 -- FitOn, the No. 1 fitness app and digital fitness platform, announced today it has raised $40M in new funding and is expanding its reach in healthcare and wellness through the acquisition of Peerfit, a corporate wellness leader. The Series C was led by Delta-v Capital with participation from Accel, Maverick...

February 15, 2022
Marathon de Vannes uses UltraSpouts from WaterMonster
Kerrville, Texas /ENDURANCE SPORTSWIRE/ - Event Hydration Solutions was excited to get the call from France to supply the Marathon de Vannes with UltraSpouts for their annual marathon. The UltraSpout allowed the event production team to create a self-serve, hands-free hydration solution. Event Hydration Solutions, also known as WaterMonster is...

February 15, 2022
ALL KIDS BIKE® Taps SPEC PR for Marketing Communications Support in 2022
February 15, 2022 – Rapid City, S.D. /ENDURANCE SPORTSWIRE/ - ALL KIDS BIKE® a nationwide movement of the Strider Education Foundation, and SPEC PR, a public relations agency specializing in outdoor recreation, have teamed up again in 2022 to raise awareness for the ALL KIDS BIKE® mission to teach every...
February 14, 2022
New Peloton CEO Not Interested In Sale
New Peloton CEO Barry McCarthy said the company has big plans, but they don’t involve a sale. The connected fitness giant had reportedly drawn interest from Amazon and Nike, who saw opportunity in Peloton’s depressed stock price. The company has lost around 77% of its value over the last 12...
February 14, 2022
Peter Woods steps down as president and CEO of Dorel Sports
Peter Woods has stepped down as president and CEO of Dorel Sports, Bicycle Retailer & Industry Newshas reported. The decision was mutually agreed on, according to a Pon Holdings release, and Woods will continue working for Pon.Bike as a special advisor until the end of the year. In this role,...