May 10, 2022

Mt. Hood Skibowl bans summer mountain biking after paying $10.5M in crash that paralyzed Oregon man

Mt. Hood Skibowl will keep cyclists off its forested trails this summer after losing a lawsuit from a man who said he slammed into a signpost in the recreational area and was paralyzed from the waist down. Oregon Live

May 10, 2022

Peloton Borrows $750M As Downward Cycle Spins

Peloton reported third-quarter revenue of $964.3 million, a 24% year-over-year drop from the $1.26 billion it posted the year prior, and a net loss of $757.1 million, a significant difference from last year’s third-quarter net loss of $8.6 million. The fitness company is running out of cash. Peloton ended the quarter...

May 10, 2022

Planet Fitness Stock Climbs After Earnings Top Wall Street Estimates

Shares of Planet Fitness climbed Tuesday after the operator of fitness centers reported first-quarter earnings that beat Wall Street expectations and reiterated its 2022 outlook. Planet Fitness reported first-quarter adjusted earnings of 32 cents a share, above Wall Street estimates of 27 cents. Revenue for the quarter was $186.7 million,...

May 10, 2022

Trustmark Acquires FitReserve to Expand Existing Fitness Capabilities

LAKE FOREST, Ill.-- National employee benefits provider Trustmark is pleased to announce the acquisition of FitReserve, a multi-studio fitness subscription that allows members to mix and match in-person, live stream, and on-demand workouts from the top studios and instructors. The acquisition will further enhance the comprehensive corporate fitness management solutions...

May 10, 2022

Showcased

Polartec Names Akimbo Communications PR Agency of Record

Planet Earth, The Universe /ENDURANCE SPORTSWIRE/ - Polartec®, a Milliken™ & Company brand - the global premium provider of innovative and sustainable textile solutions - announces its partnership with Portland, Oregon-based Akimbo Communications as the brand’s official agency of record for public relations and communications. Effective immediately, Akimbo will communicate...

May 10, 2022

KINeSYS Sunscreen Partners with Another Mother Runner

10th May 2022, Vancouver, Canada /ENDURANCE SPORTSWIRE/ - North America’s leader in active sun care, KINeSYS Performance Sunscreen, is excited to announce their partnership with Another Mother Runner, the 110k+ strong, vibrant and inclusive community of female runners. Co-founded by Sarah Bowen Shea and Dimity McDowell, AMR connects via in-person retreats,...

May 10, 2022

Sportstats relies on RACE RESULT timing technology at Bloomsday Run

Boulder/Ottawa May 6, 2022 /ENDURANCE SPORTSWIRE/ - Almost 25,000 runners returned to Spokane Washington last weekend for the Lilac Bloomsday Run. The largest sports timing company in the world, Sportstats, was on site with RACE RESULT timing technology to provide runners and spectators with live race results and mile splits. The...

May 10, 2022

Antarctica Marathon® Race Directors Join Oceanites Board of Directors

Boston, MA (May 10, 2022) /ENDURANCE SPORTSWIRE/ - Marathon Tours & Travel (MTT) is pleased to announce that Founder/CEO Thom Gilligan and President Jeff Adams were elected to the Board of Directors of Oceanites – a research based nonprofit organization focused on the effects of climate change and tourism on...

May 9, 2022

Orbea sets lofty 2022 target on the back of investments

Orbea has issued an operational update on its progress, within which the company revealed a sixth consecutive year of growth and a sales revenue of €282 million. Driven largely by exports, worth some 80% of the Basque firm’s trade, Orbea recorded a €40.7 million post-tax profit, which has bolstered the...

May 9, 2022

Showcased

BOA Technology Dials In New Marketing Campaign, Expanding Consumer Outreach

Denver, CO (May 9, 2022)/ENDURANCE SPORTSWIRE/ –BOA® Technology – makers of the BOA Fit System – dials in new global brand campaign, as it expands its marketing to speak more directly to consumers. The campaign focuses on pioneering athletes across the brand’s key segments – snowboarders, road cyclists, trail runners, downhill...

May 6, 2022

Adidas, Pummeled by China Lockdowns, Offers Weak Guidance

Adidas is the latest global retailer to report headwinds to its business due to lockdowns in China. The German athletic-wear brand on Friday reported that currency-adjusted sales in Q1 dropped by 3% to 5.3 billion euros ($5.58 billion). Net income dropped 38%, to 310 million euros ($327.8 million). Footwear News

May 6, 2022

Fox Factory adds 34.4% revenue in Q1, raw materials stocked up

Fox Factory has continued to add significant gains to its revenues, posting a Q1 growth of 34.4%, worth $378 million, versus $281.1 million in the same period last year. The results again represent record takings for the suspension giant, which recorded a 22.8% gross profit of $120.3 million despite a...

May 6, 2022

Nike to Close Offices Again For a Week in August, Offer Summer Fridays, As It Brings Employees Back Into the Office

Nike is continuing its efforts to emphasize employee well-being as it starts the process of bringing employees back into the office. The sportswear giant will once again close all of its offices worldwide for a week in August to give its employees additional time off to recover and rest, according...

May 6, 2022

Under Armour Shares Plummet as It Reports Steep Net Loss

Under Armour reported a net loss of $60 million in the quarter, with an adjusted loss of $3 million. But revenue was up 3% year-over-year to $1.3 billion. Wholesale was up 4% to $829 million, driven primarily by increases in its distributor and off-price business. Direct-to-consumer business was up 1%,...

May 5, 2022

United Sports Brands Acquires Iconic Cycling Brand PEARL iZUMi

FOUNTAIN VALLEY, CA and LOUISVILLE, CO (May 5, 2022) /ENDURANCE SPORTSWIRE/ - United Sports Brands (“USB”), a global leader in sports performance and protective products, today announced that it has acquired PEARL iZUMi USA (“PEARL iZUMi”), an iconic manufacturer and retailer of cycling apparel and accessories. PEARL iZUMi will join...

May 5, 2022

Peloton Reportedly Eyes Sale of Minority Stake to Bolster Finances: WSJ

Peloton is falling in afterhours trading Thursday as the connected fitness equipment maker is reportedly exploring the sale of a 15% to 20% stake to boost its finances, The Wall Street Journal reported, citing unnamed sources. Investing

May 5, 2022

Active Outdoor Consultancy, InGoodTaste, Protects Women’s Right To Choose By Reimbursing Employees Who Travel For Abortions And Related Treatment

The independent creative consultancy will provide reimbursement for travel expenses and related costs not covered by insurance to all employees and their partners who choose to seek abortion services elsewhere when they live in areas with restricted access or rights. /ENDURANCE SPORTSWIRE/ (San Francisco, CA) -- InGoodTaste, a consultancy working...

May 5, 2022

Union Home Mortgage and BibBoards, A Partnership that makes the Cleveland Marathon feel like Home

/ENDURANCE SPORTSWIRE/ - UnionHome Mortgage (UHM) is partnering with Bibboards to provide a unique sponsorship opportunity for the Cleveland Marathon. Marina Dieker of UHM says, "We are going to be handing out UHM BibBoards to the first 2,500 runners who come to packet pick up at the expo center. We went...

May 5, 2022

RunSignup Endurance Industry 2022 YTD Update

May 5, 2022 - Moorestown, NJ /ENDURANCE SPORTSWIRE/ - RunSignup, the leading registration provider for U.S. endurance events, provides an YTD industry update. The company, itself, has experienced strong growth in registrations and new events being added to its platform. However, year-to-date data on a per race basis has revealed...

May 5, 2022

Seven Continents Club® Receives The Official Registered Trademark

Boston, MA (May 5, 2022)/ENDURANCE SPORTSWIRE/ – After years of litigation required to recognize and protect their innovative globally respected brand, Marathon Tours & Travel (MTT) officially received the registered trademark designation for its Seven Continents Club® (SCC). MTT established the SCC in 1995, when the inaugural Antarctica Marathon®& Half-Marathon made...

May 4, 2022

CycleBar Opens 250th Studio, Rides Past 500 Signed Agreements

CycleBar, the world’s largest indoor cycling brand, announced today it has opened its 250th studio and secured more than 500 franchise agreements, vastly increasing its reach amidst a global pandemic. Since being acquired by Xponential Fitness in 2017, CycleBar’s trajectory has been tremendous, further heightened by the boom in the...

May 4, 2022

Destination Sport Experiences to Become Official Travel Partner of England Athletics

/ENDURANCE SPORTSWIRE/ – Members of England Athletics can now take advantage of more benefits than ever before thanks to an exciting new partnership with Destination Sport Experiences. Catering for those who want to participate in the very best running, triathlon, and cycling events both nationally and internationally, the team at Destination...

May 4, 2022

CENTRED advances digital roadmap by partnering with SweatWorks

/ENDURANCE SPORTSWIRE/ – Leading travel and wellness brand CENTRED partners with digital tech agency SweatWorks, as they continue to drive technological innovation in the travel and wellness market. CENTRED is leading the way in the travel and wellness market by meeting the user exactly where they are. This partnership will...

May 4, 2022

Showcased

UNDRBUDR® Goes “All-In” on Manufacturing and Supply Chain to Meet Demand of Muscle Budr Activation and Recovery Products

Highlights: Secured supply chain with US-based organic herbal share crop growers Scaling up current manufacturing with automation Touring the US to select a long-term manufacturing site Montclair, NJ, May, 2022 /ENDURANCE SPORTSWIRE/ – UNDRBUDR, developer of high performance, nature-inspired skincare, activation, and recovery products today announced plans to significantly ramp...

May 3, 2022

Bike Club adds Job Board to help cycling brands recruit tech-savvy talent

/ENDURANCE SPORTSWIRE/ - Bike Club has added a Job Board, giving bike brands a new way to reach passionate, tech-savvy riders interested in working in the cycling industry. The Job Board is hosted on their Discord server, which serves as the hub of the Club’s global cycling community, and is...