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

Showcased

Liv 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...

May 12, 2023

From Couch Potato to Endurance Athlete Author, Hilary JM Topper, Launches New Endurance Sports Edition of her Podcast, Hilary Topper on Air

May 12, 2023 (Merrick, NY)/ENDURANCE SPORTSWIRE/ – Hilary JM Topper, author, blogger, podcaster, influencer, and digital marketer announced the launch of a new endurance sports edition of her long-time podcast, Hilary Topper on Air. The podcast aims to assist beginner and advanced endurance sports enthusiasts by featuring brands and experts who can provide...

May 12, 2023

Heja launches in-app rewards powered by Endurance Zone

/ENDURANCE SPORTSWIRE/ – Heja, the world's leading sports team management app, has partnered with Endurance Zone, the global sports reward and engagement platform, to launch a new in-app rewards feature for Heja’s users. The rewards will be available for 2.2 million Heja users across the globe. Through this partnership, Heja users...

May 11, 2023

Showcased

Alistair Brownlee to make XTERRA debut in UK this Saturday

/ENDURANCE SPORTSWIRE/ - XTERRA returns to England for the first time since 2015 when the fifth stop on the XTERRA EMEA Tour descends upon the centuries-old Weston Park House in Staffordshire on Saturday, May 13, 2023. The inaugural event has attracted more than 500 competitors to the West Midlands region...

May 10, 2023

EXEC: Giant Sees Inventory, Weather And Tough Comps Hurting Q1 Sales And Profits

Giant sees inventory, weather and tough comps hurting Q1 sales and profits. Revenue for the first quarter was NT$20.12 billion, a decline of 9.6 percent year-over-year. Net profit after tax declined 54.1 percent from the prior-year period. SGB

May 10, 2023

Asics Corp. Posts 35 Percent Jump In Q1 FX Neutral Sales; Profits Surge 87 Percent

Asics Corporation reported that net sales jumped 44.6 percent year-over-year to ¥152.2 billion ($1.15 bn) in the first quarter ended March 31, and increased 35.0 percent year-over-year excluding foreign exchange effects. Profit attributable to owners of the parent company increased 86.9 percent to ¥16,310 million ($122.8 mm) mainly due to...

May 9, 2023

Under Armour Swings To Fiscal Q4 Profit On Footwear Growth; Inventory Up 44 Percent

Under Armour reported that revenue for the fiscal fourth quarter was up 7.5 percent to $1.40 billion (+10 percent currency-neutral) in the period ended March 31. Gross margin declined 310 basis points to 43.4 percent of sales in the period, driven primarily by higher promotions, mix impacts related to higher...

May 9, 2023

Orbea’s annual report shows $438M in sales, 1,000-plus employees

Orbea has doubled its workforce in the last three years and now has more than 1,000 employees, with 80% of the in Spain's Basque Country. The brand, which is organized as a cooperative, reports 2022 sales of 400 million euros ($438 million), with 85% coming from export markets. After taxes,...

May 9, 2023

Sports And Hollywood Stars Join Forces to Crush Cancer at The 11th Annual Tour De Pier

LOS ANGELES, Calif., May 9, 2023 – The 11th Annual Tour de Pier, a unique outdoor stationary cycling fundraiser is pleased to announce its star-studded lineup. The award-winning fitness fundraiser for Outstanding Special Event welcomes sports and Hollywood stars in helping create awareness about advancing cancer research. Celebrities scheduled to...