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 25, 2023
Full Circle Events purchases rights to produce Carmel Marathon
The name Full Circle Events seemed appropriate for Jay Druba’s new race management company. Druba was an intern in 2011 for the Carmel Marathon. Now Druba and his wife, Kati, have purchased the rights to Carmel Marathon from the Carmel Road Racing Group. This will be the only event Full...
-
May 25, 2023
BOA IGNITE BLAST Awarded NSF “Certified for Sport” Designation
RALEIGH, N.C. (May 24, 2022)/ENDURANCE SPORTSWIRE/ – BOA Nutrition’s BOA IGNITE BLAST, the oral aerosol that provides power-packed fuel for a rapid energy supply, has achieved certification from the National Sanitation Foundation (NSF)’s Certified for Sport® Program. NSF is a global public health organization that tests and certifies products to help protect...
-
May 24, 2023
New Fitness Platform ReadyFit Launches Mobile Military Physical Fitness Testing
Coronado, CA /ENDURANCE SPORTSWIRE/ - ReadyFit, a mobile fitness testing platform, officially launched today to provide aspiring and current military service members with a tool to maintain physical fitness standards, while also providing a tool for military leaders to assist with recruiting and monitor individual unit readiness. ReadyFit administers the...
-
May 23, 2023
Dick’s SG Posts 5.3 Percent Comp Sales Growth In Q1; EPS Up 38 Percent
Dick’s Sporting Goods reported net sales for the fiscal first quarter* rose 5.3 percent to $2.84 billion from $2.70 billion in the prior-year Q1 period. Comparable store sales grew 3.4 percent, partially reversing the 8.4 percent comp store sales decline in the year-ago period. Net income increased 17 percent to...
-
May 23, 2023
Arthritis Foundation’s National Fundraiser, the California Coast Classic, presented by Amgen, has Contributed $22 Million Towards Research and Programs
LOS ANGELES – May 23, 2023 /ENDURANCE SPORTSWIRE/ - As America recognizes Arthritis Awareness Month this May, the Arthritis Foundation commemorates 75 years of championing the fight to conquer arthritis, the nation’s #1 cause of disability. May is also National Bike Month and the official kickoff of the 2023 California...
-
May 22, 2023
G.O.A.T. Fuel closes funding round, eyes nationwide distribution
The Jerry Rice-backed energy drink company G.O.A.T. Fuel has closed a $5 million seed funding round co-led by venture firms Stage 1 Fund and Morrison Seger Venture Capital Partners. The company has now raised a total of $12 million since launching in 2020, and intends to use its newly acquired...
-
May 19, 2023
Giant Group reports 9.6% drop in sales for Q1
The Giant Group has reported a 9.6% drop in sales for Q1, citing inventory levels in the European and North American markets as well as the higher year-on-year comparison base as the reason. The Taiwanese company’s sales in Europe and North America were impacted by higher inventories of entry-level and...
-
May 19, 2023
ROLL Recovery Announces Partnership with Backcountry.com, Bringing Innovative Recovery Products to Outdoor Enthusiasts
BOULDER, CO. (May 19, 2023)/ENDURANCE SPORTSWIRE/ – ROLL Recovery, a leader in recovery and athletic performance and innovators of deep tissue massage therapy tools, is thrilled to announce the availability of its top-rated recovery products, including the patented R8 Plus on Backcountry.com, the premier online destination for outdoor gear and apparel....
-
May 19, 2023
RunSignup Announces RaceJoy Now with Native Maps and Participant Pause
May 19, 2023 -Moorestown, NJ/ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration and technology provider for endurance events in the United States, announces two significant advancements for its RaceJoy race day mobile app. As a RunSignup product designed to elevate the race day experience, RaceJoy now supports Google native maps and...
-
May 18, 2023
Davis Phinney Foundation Proudly Announces the 2023 Tour de Victory Cycling Challenge
Boulder, Colo. /ENDURANCE SPORTSWIRE/ - The Tour De Victory Cycling Challenge, a unique Colorado charity ride that raises funds and awareness for the Davis Phinney Foundation, is now open for registration and their list of 2023 sponsors and partners has been released. We are thrilled to announce that this year’s ride opening...
-
May 18, 2023
Lululemon Makes Minority Investment in Samsara Eco
Announced Thursday, the athleticwear brand made a minority investment in Australian start-up Samsara Eco, a company that has a patented enzymatic process which breaks down high-performance nylon and polyester polymer blends for use as new fibers. Details were not disclosed but Lululemon is the first equity apparel partner in Samsara...
-
May 18, 2023
Revolutionary Micronutrition Brand, PILLAR Performance, Now Available in The US, UK, and Europe
/ENDURANCE SPORTSWIRE/ – Leading micronutrition company PILLAR Performance is excited to announce that its line of clinical supplements is now available for purchase in the United States, the United Kingdom, and Europe. With a focus on highest potency and bioavailable ingredients, PILLAR Performance is quickly becoming the go-to brand for elite...
-
May 18, 2023
ATriathletesDiary.com Seeks Sponsors to Support Continued Growth and Valuable Content for Endurance Sports Enthusiasts
Merrick, NY - [May 18, 2023] /ENDURANCE SPORTSWIRE/ - ATriathletesDiary.com, a leading blog dedicated to the endurance sports community, is calling for sponsors to help support its continued growth and provide even more valuable content to its readers. The blog was recently named one of the top six triathlon blogs...
-
May 17, 2023
Wahoo Fitness Founder Buys Company Back from Banks
Wahoo’s business was doing well pre-pandemic, and then as the pandemic set in, their business exploded with sales. Like most indoor training companies, they couldn’t make stuff fast enough. Though, prices didn’t rise – they stayed as-is. Enter Rhone Equity in June 2021, with an agreement to take a majority...
-
May 17, 2023
Carmel Marathon Weekend to Return for 14th Annual Event Under New Management
CARMEL, Ind. (May 17, 2023)/ENDURANCE SPORTSWIRE/ – CRRG Events announced today that Full Circle Events has acquired the Carmel Marathon Weekend. Full Circle Events, based in central Indiana, will produce and manage the popular springtime race held annually in Carmel, Indiana. CRRG Events will work with Full Circle Events through the...
-
May 17, 2023
RunDot Launched by Predictive Fitness, Developer of TriDot
DALLAS, TX – May 17, 2023 /ENDURANCE SPORTSWIRE/ - Predictive Fitness announces the launch of RunDot, a run training app driven by decades of data and patents-pending artificial intelligence. The platform produces dynamic, individualized run training for better results in less time while being motivational, fun, and easy to use. RunDot...
-
May 16, 2023
Brompton secures £19 million investment and will use money to ‘be more ambitious’
Brompton, the iconic British folding bike company, has secured £19 million in investment from BGF. The bike manufacturer's accounts, published on Companies House earlier this year, show that turnover increased 40% to £106.9m ($128.7m) in the year up to 31 March 2022, up from £76.1m ($91.6m) Yahoo Sports
-
May 16, 2023
On’s First Quarter Profits Surge With 78 Percent Revenue Gain
On Holding AG’s profits tripled in the first quarter on strong margin improvement and 78 percent sales growth. The Swiss running brand’s results easily topped analyst targets. Strength was seen across regions, channels and product groups. Sales of CHF 420.2 million ($470mm) topped Wall Street’s consensus target of CHF 382.3...
-
May 16, 2023
ShowcasedLiv Cycling Announces Campaign to Celebrate Catalysts of the Sport
NEWBURY PARK, CALIF. /MAY 16, 2023 /ENDURANCE SPORTSWIRE/ – Liv Cycling, the brand dedicated to getting more women and girls on bikes, today announces the fourth year of its Liv Committed campaign to celebrate and increase awareness for "cycling catalysts." Through this campaign, Liv looks to recognize individuals around the world who are working...
-
May 16, 2023
Wexer partners with HUSK to deliver wellness content to over 10M+ users
TUESDAY 16TH MAY, LONDON, UK /ENDURANCE SPORTSWIRE/ – Digital content provider Wexer announces partnership with digital health and insurance provider HUSK. The deal will enable HUSK to utilise the Wexer content API to take the content library and host it onto their own digital platforms. HUSK has a range of existing...
-
May 16, 2023
OOFOS Adds Telecom and Tech Industry Veteran John Legere to Board of Directors
Braintree, MA – May 16, 2023/ENDURANCE SPORTSWIRE/ – OOFOS, the global leader in Active Recovery footwear, announced today that John Legere has been named to the company’s board of directors. Legere has a formidable track record as an innovative leader who uses unconventional methods to guide teams, individuals, and global corporations to...
-
May 15, 2023
New Suit Comes for Nike’s ‘Misleading’ Sustainability Marketing
In a complaint filed Wednesday in a District Court in Missouri, plaintiff Maria Guadalupe Ellis claimed that Nike uses “deceptive and misleading” statements when marketing its sustainability collection. Specifically, the suit claims that Nike “deceives consumers into believing that they are receiving products that are ‘sustainable,’ ‘made with recycled fibers,”...
-
May 15, 2023
Michelin Soles Takes Bigger Steps into North American Market with JV International
WOLCOTT, Vt (May 15, 2023) /ENDURANCE SPORTSWIRE/ – JV International, a manufacturer of technical soles and the worldwide licensee of soles by Michelin, is expanding its North American presence with a new office opening in Wolcott, Vermont. The newly established JV North America Corp aims to strengthen and improve its position...
-
May 15, 2023
Giant and Stages end investment negotiations
Giant had filed a notice in January saying its board had agreed to invest a total of about $20 million in Stages, which has manufactured stationary bikes for Stages in the past. The January statement said the board approved the purchase of 32.5% of Stages Cycling Inc. common stock for $6.5...
-
May 15, 2023
Cycling Time Trials (CTT) welcomes Nick Adnitt and Helen May to the team
May 2023 - UK/ENDURANCE SPORTSWIRE/ – Cycling Time Trials (CTT) are delighted to welcome two new members to their team - Nick Adnitt and Helen May, in two brand new roles, and in a move that sees the team growing and diversifying. Nick takes on the role of Support Administrator, principally responsible...