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.
September 30, 2025
Nike Beats the Street in Q1 as 8,000 Employees Redirected to ‘Sport Offense’
Nike’s president and chief executive officer Elliott Hill told investors in a late afternoon conference call on Tuesday that the company has realigned 8,000 of its employees to Sport Offense, a new initiative that aligns the three brands — Nike, Jordan and Converse — “into more nimble-focused teams by sport.”...
September 30, 2025
Triathlon Canada President Slams World Triathlon Leadership, “Mafia-Like Culture”
The president of Triathlon Canada has accused the leadership of World Triathlon of running a “mafia-like” organization following what he called a “rigged” election in 2024 and ongoing threats toward individuals who speak out against the administration. triathlete
September 29, 2025
Galfer Opens North American Headquarters
Industrias Galfer, the Barcelona-based manufacturer of braking systems for bikes and motorcycles, has established Galfer USA, a new operating unit in Orlando, FL, which will oversee distribution in the U.S. and Canada. SGB MEDIA
September 26, 2025
Giant files petition to resolve US Customs detention order
Giant Bicycles has filed a petition with the US government to resolve a Withhold Release Order put in place Wednesday by the Customs and Border Patrol agency. The agency issued the order, which effectively prevents Giant from being able to import bicycles and products from Taiwan to the US, over what CBP...
September 25, 2025
Planet Fitness Franchisee Acquires 17 Locations in Oregon and Alaska
Easy Mile Fitness, the privately held Planet Fitness franchisee, has completed an acquisition from the Bravo Fit Franchise Group, which adds 15 Planet Fitness locations in Oregon and two in Alaska. SGB MEDIA
September 25, 2025
The UCI has just announced rule updates from helmets to handlebar widths – here’s everything you need to know
Bans on certain helmets for road racing, concessions on limits for handlebar widths and points meaning more across disciplines are among updates on UCI rules that were announced on Thursday morning. CYCLING WEEKLY
September 24, 2025
US Customs detaining bikes made by Giant over forced-labor allegations
Customs and Border Protection on Wednesday said it is detaining bikes, bike parts and accessories made by Giant in Taiwan because of allegations of forced-labor use. The ruling appears to apply to products sold under Giant's brands or produced by Giant in Taiwan for other brands. Bicycle Retailer
September 22, 2025
Oura Sees Ring Sales Surge Amid Rumored $11B Valuation
The smart ring maker says it’s on track to more than double its annual revenue to $1 billion in 2025. Oura is also reportedly eyeing a mega-funding round that would value it at a staggering $11 billion. Athletech NEWS
September 19, 2025
Circana Sees Fitness Trackers Surging 88 Percent YTD
U.S. retail sales revenue of fitness tracking devices vaulted 88 percent during the first seven months of 2025 as explosive growth in smart rings offset declines in wrist-worn fitness trackers, according to recent retail tracking data from Circana, LLC. More than 1.3 million fitness tracker devices were purchased during the...
September 19, 2025
Embattled Grand Slam Track Hires British Law Firm
Embattled running startup Grand Slam Track has hired British law firm Level, according to a source familiar with the league. The league admitted last month it still does not have the funds to pay its athletes or vendors; athletes alone are owed at least $13 million in prize money and appearance fees. The...
