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.
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March 21, 2024
Nike Beats Sales, Earnings Projections in Q3 as Leadership Touts Innovation Pipeline
Nike Inc. reported sales and earnings results that beat expectations. For the third quarter, the athletic giant reported that revenues grew slightly over last year to $12.4 billion, ahead of the $12.28 billion expected by analysts surveyed by Yahoo Finance and ahead of prior guidance from the company. Net income was down...
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March 21, 2024
Lululemon Posted Strong Q4 Results but Guides to Slower Q1 Growth
Lululemon Athletica, Inc. CEO Calvin McDonald said the company was pleased with the solid finish for its 2023 fiscal year and continues to deliver ahead of its Power of Three ×2 strategy. Net revenue increased 16 percent to $3.2 billion. International net revenue increased 54 percent, or 56 percent on...
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March 21, 2024
Enabled Tracking Continues to Expand Roster of Endurance Events with Live GPS Tracking
March 21, 2024, Front Royal, Va. /Adventure Enablers /ENDURANCE SPORTSWIRE/ - As the demand for live GPS tracking grows within the endurance events community, Enabled Tracking, the timing and tracking arm of Adventure Enablers, proudly announces the addition of an exciting lineup of events to its platform. Throughout February and March, both...
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March 20, 2024
Stromer Joins the ‘Coalition for Cyclist Safety’ to Create Safer Roads for All Users
Oberwangen, Switzerland (20 March 2024)/ENDURANCE SPORTSWIRE/ - Stromer, the market and innovation leader in the field of Class 3 e-bikes, is proud to join the new Coalition for Cyclist Safety (C4CS) to help enable safer cycling on North American roads. Whether for recreation or mobility, cycling provides numerous environmental, economic,...
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March 20, 2024
Wellness Clubs Are Taking Over NYC
igh-earning New Yorkers are expected to look increasingly well-rested, full of vitality and overall centered this summer as wellness brand Continuum opens its flagship location in New York City’s Greenwich Village, adding to the health and wellness landscape of the Big Apple. The “intentionally exclusive” club was leased through September...
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March 20, 2024
Mountain Outpost Named Live Broadcast Partner for 2024 Western States Endurance Run.
Auburn, CALIFORNIA - March 20, 2024 /ENDURANCE SPORTSWIRE/ - The Western States Endurance Run (WSER) and Mountain Outpost, a North American leader in live broadcast production in trail and ultra running, are excited to announce a partnership to deliver the 2024 Western States Endurance Run livestream. Mountain Outpost will serve...
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March 19, 2024
GoFundraise Announces New Partnership with IRONMAN UK
/ENDURANCE SPORTSWIRE/ – In an exciting milestone for both the world of endurance sports and charitable fundraising, GoFundraise announced its inaugural partnership with IRONMAN UK. For the first time, fundraising via the GoFundraise platform will be integrated into IRONMAN, marking a significant leap forward in connecting IRONMAN athletes with charitable...
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March 19, 2024
Monuments of Cycling Announces Official Bike Tour Partnership With Thomson Bike Tours, The Premier Cycle Tour Operators
SAN DIEGO /ENDURANCE SPORTSWIRE/ - Monuments of Cycling (MoC), the renowned producer of the iconic Belgian Waffle Ride (BWR), is delighted to unveil its partnership with Thomson Bike Tours (TBT) as the Official Bike Tour Partner of the Belgian Waffle Ride series. Thomson Bike Tours holds the esteemed position as...
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March 18, 2024
Gold’s Gym West Covina Gets a Makeover, Major Functional Upgrades Unveiled
Los Angeles, CA (March 18, 2024) /ENDURANCE SPORTSWIRE/ - Gold’s Gym SoCal – the original home of fitness workouts – unveils a state-of-the-art refit of its West Covina location. Today. The club opens the doors to its signature playground turf area, offering members a functional area to practice a wide...
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March 18, 2024
PTO Confirms ‘Battle of Champions’ for Women’s Singapore T100
London, UK /ENDURANCE SPORTSWIRE/ - The Professional Triathletes Organisation (PTO) and World Triathlon have confirmed a powerful line up for the women’s Singapore T100 triathlon on 13 April, 2024, the second stop on the new eight-leg T100 Triathlon World Tour. Included is Miami T100 champion India Lee, who will be...
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March 18, 2024
Cycling travel experts Sportive Breaks announce new self guided road cycling holidays
18th March 2024 - UK /ENDURANCE SPORTSWIRE/ – Cycling travel experts, Sportive Breaks promote bespoke premium travel packages for cyclists looking to take part in the world’s most prestigious grand tours, cycling classics and weekenders. The team offer a range of customised travel packages including cycling tours, training camps, hospitality,...
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March 14, 2024
Patrick Lefevere sanctioned by UCI for “disparaging” comments “towards women”
Lefevere, who is never far from the headlines and has made numerous much-criticised comments over the years, will now have to make a public statement "recognising the inappropriateness of his statements and apologising therefore" or he faces a fine of 20,000 Swiss francs. The fine has been suspended for three years, on...
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March 14, 2024
Inside Brooks’ CEO Transition: How Company Vet Dan Sheridan Plans to Engage New Consumers, Tackle New Markets
With Jim Weber‘s upcoming departure from Brooks, incoming chief executive officer Dan Sheridan has some big shoes to fill. The running industry — Weber included — believes the exec is the right person for the job. On March 12, Brooks announced that Weber was stepping down as CEO after 23 years. Sheridan, currently the Brooks president and chief operating...
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March 14, 2024
Adventure Cycling Secures BikeInsure as Official Bike Insurance Partner
Missoula, MT / March 14, 2024 /ENDURANCE SPORTSWIRE/ - We are excited to announce that Adventure Cycling Association has partnered with BikeInsure to provide our members with opt-in, comprehensive, and easy-to-understand bicycle insurance. Adventure Cycling members may access a discounted rate with BikeInsure to protect their bicycles and e-bikes from...
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March 14, 2024
TrainingPeaks Partners with Japan Cycling Federation as Official Software Provider
Louisville, Colo., March 14, 2024 /ENDURANCE SPORTSWIRE/ - TrainingPeaks, the industry-leading training app for endurance coaches and athletes, today announced an exclusive partnership with the Japan Cycling Federation (JCF). TrainingPeaks is now the official training and coaching software for the national governing body of cycle racing in Japan. Established in...
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March 13, 2024
Adidas North America Revenue Falls 25% In Q4
Adidas reported fourth quarter financial results on Wednesday that showcase the challenges the German sportswear giant continues to face amid the fallout from discontinuing its Yeezy line. Revenue for the three months ending Dec. 31 fell 8% to €4.8 billion ($5.2 billion based on current exchange rates) with a net loss of €359 million ($393...
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March 13, 2024
On’s Co-CEO Says Paris Olympics Will Help Grow Brand Awareness
Despite a surprising loss in Q4, On Holding is looking towards the future, with a special focus on the Olympic Games in Paris this summer. In the fourth quarter, the Swiss running shoe brand posted a net sales increase in Q4 of 21.9 percent to 447.1 million Swiss francs. Sales came in around 1.5 percent...
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March 13, 2024
Fleet Feet Strengthens Store Support Team with New Leadership Appointments
CARRBORO, N.C. (March 13, 2024) /ENDURANCE SPORTSWIRE/ - Fleet Feet, the largest franchisor of run specialty stores, today announced leadership appointments with new hires, expanded roles and promotions as the brand focuses on fueling growth. Stuart Williams joins as vice president of IT. In this newly created role, Williams will...
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March 13, 2024
Gold’s Gym SoCal Welcomes New Vice President of Technology, Bryan Taylor, to the Team
Los Angeles, CA /ENDURANCE SPORTSWIRE/ - Gold’s Gym SoCal, the original home of transformative fitness workouts, is proud to announce the appointment of Bryan Taylor as the new Vice President of Technology. This strategic addition comes as the organization celebrates its 35th anniversary and prepares for a significant phase of growth...
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March 12, 2024
Caterpy Laces Secures SIMBOL Communications as PR Agency of Record
Orlando, Florida (March 12, 2024)/ENDURANCE SPORTSWIRE/ – Caterpy Group Inc., the pioneering brand already well known in the running world for its unique, patented no-tie elastic laces – which convert any laceable shoe into a step-in, no-tie shoe, while also improving lacing security, blood flow and overall comfort – has chosen...
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March 12, 2024
TrainingPeaks Becomes Official Training Software of German-Based power and pace
Louisville, Colo., March 12, 2024 /ENDURANCE SPORTSWIRE/ - TrainingPeaks, the industry-leading training app for endurance coaches and athletes, today announced a partnership with power and pace, Germany’s largest triathlon coaching organization. TrainingPeaks is now the technology platform of choice for power and pace, a leading coaching service that offers training...
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March 12, 2024
Aravaipa Running Announces Rachael Norfleet as Director of Partnerships
Phoenix, ARIZONA/ENDURANCE SPORTSWIRE/ - Aravaipa Running is excited to announce the addition of Rachael Norfleet as the company’s new Director of Partnerships. In this role, Rachael will be responsible for developing and managing strategic partnerships to further elevate the event experience for all trail and ultra runners. “We are thrilled...
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March 11, 2024
Lance Armstrong’s Next Ventures targets $100M 2nd fund
Famed cyclist-turned-GP Lance Armstrong is targeting $100 million for Next Ventures’ second fund. The new fund is San Francisco-based Next Ventures’ first raise in nearly five years. Its predecessor, a 2019 vintage fund that had targeted $75 million, closed on $50 million with an additional $10 million in special purpose vehicles....
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March 11, 2024
Giant Group’s February Revenue Decline Worsens Sequentially
The Giant Group reported monthly revenues for February 2024 declined 27.2 percent to NT$4.14 billion, representing a return to deeper declines after a three month trend in improving performance. January sales were down 17.7 percent and the year-to-date results were down 22.4 percent to NT$8.94 billion. The February decline is...
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March 11, 2024
Honey Stinger Expands NIL Program with Launch of National Campaign Featuring More Than 40 Athletes from Top NCAA Programs
STEAMBOAT SPRINGS, Colo. (March 11, 2024) /ENDURANCE SPORTSWIRE/ - Honey Stinger, a leading and most trusted sports nutrition brand, announces a significant expansion of its Name, Image, and Likeness (NIL) Program with the launch of a national campaign featuring more than 40 athletes from prominent NCAA programs. Through a partnership with...