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.
November 23, 2021
ShowcasedPIERER Mobility AG acquires FELT Bicycles and enters the North American Bicycle Market
Rancho Santa Margarita, 23 November 2021 /ENDURANCE SPORTSWIRE/ - As part of its strategy to assume a leading global role in the bicycle sector, PIERER Mobility AG is pleased to announce the acquisition and integration of FELT Bicycles into its division PIERER E-Bikes GmbH. Founded in 1991 in California, USA, FELT...
November 23, 2021
Dick’s Sporting Goods’ net sales rise 14% in Q3
Dick's Sporting Goods reported net sales increased 13.9% in the third quarter year-over-year and raised its full-year guidance. Sales for the period ending Oct. 30 were $2.75 billion, compared to $2.41 billion at the same time last year. Consolidated same store sales increased 12.2% in the third quarter. E-commerce sales...
November 23, 2021
Outside Interactive, Inc. Launches the Next Evolution of Outside+ Membership
BOULDER, CO — November 23, 2021— Outside Interactive, Inc., the world’s leading creator of active lifestyle content, services, events, and experiences, today announced the next evolution of Outside+, the ultimate membership for active and healthy lifestyle enthusiasts that combines all of the Outside brands into a single bundle offering. Outside+...
November 19, 2021
Busted: Police Capture Massive $1.5M Bike Theft Ring
On Wednesday, a grand jury indicted eight individuals for causing $1.5 million in damage to bikes and vehicles during a crime spree in Colorado’s Front Range. They face a total of 227 counts, ranging from burglary to first-degree theft.
November 19, 2021
House approves Build Back Better Act — including e-bike tax credit — which goes to Senate
The House of Representatives on Friday morning approved the Build Back Better Act that provides billions of dollars in funding for an e-bike tax credit, bike commuter benefit, and climate and equity-enhancing infrastructure as part of the $1.75 trillion social spending bill. Bicycle Retailer
November 19, 2021
Kitzuma Cycling Logistics brings on LeMond, Alchemy and Eminent
Asheville, North Carolina (November 19, 2021) /ENDURANCE SPORTSWIRE/ - Kitzuma Cycling Logistics is adding three more renowned bike manufacturers to the growing list of brands employing their pioneering bike-delivery service: LeMond Bicycles, Alchemy Bikes and Eminent Cycles. Each of these brands is already delivering their direct-to-consumer bikes through Kitzuma’s fully built,...
November 19, 2021
House Votes in Favor of Billions for Bike Incentives and Infrastructure in Build Back Better Act
WASHINGTON, D.C. (Nov. 19, 2021) /ENDURANCE SPORTSWIRE/ - After months of debate and negotiations, the U.S. House of Representatives voted to send the Build Back Better (BBB) Act to the Senate, approving with it billions of dollars in funding for an electric bicycle tax credit, a bike commuter benefit, climate and...
November 18, 2021
GU Energy Labs Announces Leadership Changes
Berkeley, Calif. — November 18, 2021 /ENDURANCE SPORTSWIRE/ - GU Energy Labs, a leader in the endurance sports nutrition market, announced the promotion of Magdalena Boulet to President. This appointment represents an investment in the future of GU leadership that will sharpen its focus on innovation and growth. “Magda’s long history...
November 18, 2021
Bioracer UK Launches to Roll Out Custom Cycling Speedwear For All
/ENDURANCE SPORTSWIRE/ - Founded 35 years ago in Belgium, the spiritual home of cycling, Bioracer Speedwear has a strong heritage of designing, innovating and producing speedwear for cyclists to help maximise performance and comfort in the saddle. Over the past 20 years the custom clothing has been distributed in the UK...
November 18, 2021
Brent Bookwalter joins the Pro Cyclist Foundation
Denver, Colorado, November 18, 2021 /ENDURANCE SPORTSWIRE/ - The Pro Cyclist Foundation has named Brent Bookwalter as a Vice Chairman for the Foundation's Board of Directors. Bookwalter will also be providing consulting and advisory work for the Foundation's Athlete Services Committee. Bookwalter recently retired from a 16-year career as a...
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