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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July 12, 2022
Stages Cycling Celebrates 10 Year Anniversary Of Stages Power Meter
(Boulder, CO – July 12, 2022) /ENDURANCE SPORTSWIRE/ – Stages Cycling, a leading cycling technology company, is celebrating the 10th anniversary of Stages Power meters. Stages launched its first power meter for outdoor bikes July 12, 2012. Since then Stages Cycling has produced millions of power meters and has grown from...
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July 12, 2022
Global Exercise Physiologist and Nutrition Scientist, Dr. Stacy Sims Launches Micro-Learning Collections on Supplements, Energy Levels and Women’s Health
/ENDURANCE SPORTSWIRE/ - Forward thinking exercise physiologist Dr. Stacy Sims introduces a collection of short, comprehensive courses around nutrition, supplement and women’s health topics designed to give women athletes fact-based science and research on the most pressing and trending topics. Known for her ‘Women are Not Small Men’ lectures and...
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July 8, 2022
Stan’s NoTubes secures investment from Zabel
The Zabel Companies, an investment firm specialising in private companies, has invested in Stan’s NoTubes, the tubeless sealant, rim, and wheel technology specialist. Financial terms of the deal were not disclosed. Endurance.biz
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July 8, 2022
Bahrain Victorious Takes Over Scorpions Franchise As SLT Teams 2022 Officially Launches
/ENDURANCE SPORTSWIRE/ – Bahrain Victorious have become the first franchise owners in SLT Teams with triathlon legend Chris McCormack managing the squad in Super League Triathlon’s 2022 Championship Series. McCormack will be up against a familiar roster of Team Managers this year following the successful debut of SLT teams in 2021,...
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July 8, 2022
Race Roster introduces enhancements to Digital Engagement Kits
London, ON (Fri, July 8, 2022) /ENDURANCE SPORTSWIRE/ - Race Roster recently introduced Digital Engagement Kits to the endurance event space, and so far, Race Roster users testing out this tool are seeing positive results. “We loved using Race Roster’s new Digital Engagement Kit at the 41st Annual Fair Oaks...
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July 7, 2022
Marathon Tours & Travel Joins Forces with UK Based Destination Sport Group
Boston, MA (July 7, 2022) /ENDURANCE SPORTSWIRE/ – Marathon Tours & Travel (MTT) a longstanding recognized leader in the destination travel industry for runners and their supporters, is expanding globally through a merger with Destination Sport Group (DSG). A British based company, DSG encompasses leading sports travel companies, which helps thousands...
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July 6, 2022
ShowcasediFIT Connected Fitness Appoints Dale R. Gerard New Chief Financial Officer
(Logan, UT – July 7, 2022) /ENDURANCE SPORTSWIRE/ - iFIT, a leader in interactive fitness hardware, software, and subscription content, announced today that Dale R. Gerard has joined iFIT as Chief Financial Officer. Mr. Gerard comes to iFIT with more than 25 years of finance, treasury, and operational experience with...
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July 6, 2022
Vista Outdoor To Acquire Fox Racing
Vista Outdoor, Inc. announced it had entered into a definitive agreement to acquire Irvine, CA.-based Fox Racing, the manufacturer of motocross, mountain bike and lifestyle-related gear, at a purchase price of $540 million, with the potential for an additional $50 million earnout based on the company’s financial performance. SGB Media
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July 6, 2022
Peloton sweetens employee pay incentives as it fights to boost morale and stage a turnaround
Peloton sweetened incentives for its workers with one-time cash bonuses and changes to its stock compensation plan as it fights to hold onto employees and fix its struggling business, according to internal memos seen by CNBC. The changes come a little more than five months into Barry McCarthy, a former...
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July 6, 2022
Cyclists across America now have access to simple and affordable bike insurance.
July 6, 2022 /ENDURANCE SPORTSWIRE/ - BikeInsure, an insurtech company specializing in bicycle coverage for cyclists in the United States, today announced that any bicycle owner across America now has access to its standardized bike insurance. BikeInsure innovated a process that allows a cyclist to obtain bike coverage with optional...
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July 5, 2022
Fleet Feet Rockford Joins Fleet Feet Chicago
JULY 5, 2022, Chicago, IL /ENDURANCE SPORTSWIRE/ - Speciality running store franchise DLZIMCO.Inc, owner operators of Fleet Feet Chicago, has acquired Fleet Feet Rockford. The official announcement was made on July 1, 2022. The move to acquire the Rockford location came with a desire to leverage Fleet Feet Chicago’s community...
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July 5, 2022
LeMond Bicycles Names New CEO
LeMond Bicycles appointed Rick Adams as CEO. He replaces Dean Hendrickson, who will transition to CEO of LeMond Carbon. Adams joins Lemond Bicycles following 11 years at the United States Olympic & Paralympic Committee, most recently as chief of sport performance. Adams joined the USOPC after a 15-year career in professional sports,...
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July 5, 2022
Lululemon Sets Sights on Spain as It Continues to Expand Internationally
Lululemon is moving into Spain, its first new market in Europe since 2019. According to the Canadian athletic company, it plans to open two new stores in the country as well as a local e-commerce site as part of its “Power of Three ×2” growth plan, which includes a quadrupling...
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July 5, 2022
Lynx and MYLAPS join forces to expand product portfolio
HAVERHILL, MA / HAARLEM (July, 2022)/ENDURANCE SPORTSWIRE/ – Lynx System Developers and MYLAPS Sports Timing are partnering up to offer best-in-class photo finish and timing technology to athletes and racers. The companies signed a multi-year partnership to offer a wider product portfolio to sports races and venues around the world. Based in...
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July 1, 2022
Too much inventory and debt forcing owners of Saris Cycling Group to sell the company
Saris Cycling Group has filed an alternative to bankruptcy that consolidates its debt, keeps its 132 employees in place but which will likely lead to the sale of the company in the next two months, according to Michael S. Polsky, a Milwaukee lawyer, who is acting as the court-appointed receiver...
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July 1, 2022
ShowcasedEVENT INSIGHTS: Event Sponsorship and Why It Should Matter to You
Sponsorship is one of the most effective marketing strategies you can use to promote your next event. Securing a sponsor can help you increase awareness of your brand, reach new markets, and build customer loyalty. But sponsorships don’t always come easy. You have to prove your company’s value to your...
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July 1, 2022
Priority Bicycles Announces Cruise the Coast Summer Tour
New York, NY /ENDURANCE SPORTSWIRE/ - Priority Bicycles, leaders in low maintenance bicycles, announces the Cruise the Coast summer tour designed to allow residents and vacationers to experience its market-leading, Gates belt-driven coastal beach cruiser first-hand in its natural habitat. In partnership with Gates Carbon Drive, the Cruise the Coast...
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June 30, 2022
PureCycle Announces Key Leadership Changes, New Chief Executive Officer
ORLANDO, Fla., June 30, 2022 -- Today, PureCycle Technologies, Inc. (NASDAQ: PCT) announced three key leadership changes effective August 5, 2022, that are expected to propel the company's transition to a leading global manufacturing and technology company. Mike Otworth, Chairman of the Board of Directors and CEO of PureCycle, will resign to return...
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June 30, 2022
Saris Cycling Group to be sold as Covid whiplash effect mirrors Peloton
The Saris Cycling Group is set to restructure its business having suffered a similar spike and dive in demand to that which is widely reported to have caused Peloton problems. Peloton is likewise now rumoured for sale. The indoor trainer market was at the front of the pack when sales...
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June 29, 2022
King Oscar Becomes #1 Specialty Canned Seafood Brand in the United States
San Diego, Calif. /ENDURANCE SPORTSWIRE/ - Today, King Oscar Inc., the legendary Norwegian seafood producer, announced its rapid ascension to the largest-selling brand in the canned specialty seafood category. King Oscar’s new position firmly cements the legacy brand as the nation’s best and now, leading purveyor of the finest-quality, best-tasting,...
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June 29, 2022
Industry Leaders Elected to Running USA Board of Directors
(June 29, 2022)/ENDURANCE SPORTSWIRE/ – Running USA member representatives have approved the election of a slate of five board members to three-year director terms which will begin July 1, 2022 and conclude June 30, 2025. Two of those elected are incumbents returning to the board, which provides consistent leadership and oversight...
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June 29, 2022
Fitmint, a fitness app, secures a $1.6 million investment round from General Catalyst
Fitmint, a business with offices in Bengaluru, announced on Wednesday that it has secured $1.6 million in a seed fundraising round headed by General Catalyst. With built-in social-fi and NFT game features, Fitmint is a "Move-to-Earn" business where users may earn incentives in crypto/NFTs by exercising physically, such as walking, jogging,...
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June 29, 2022
STRIVE Closes $6M in Funding to Accelerate Growth
STRIVE, the only platform proven to optimize muscle performance for elite athletes and teams, today announced it closed $6 million in Series A funding. The round was led by Future Communities Capital, with participation from investors, including SeaChange Fund, SeedtoB Capital, Jas Ventures, Gaingels, Founders First, Macnica Investment Partners, fama...
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June 29, 2022
Fleet Feet Now Running Together with Backbone Media
CARRBORO, N.C. (June 29, 2022)/ENDURANCE SPORTSWIRE/ – Fleet Feet, the largest franchisor of locally owned and operated running stores, today announced it has partnered with Backbone Media to lead its public relations efforts. Backbone is charged with amplifying Fleet Feet’s expertise within the running space and elevating brand awareness on a...
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June 29, 2022
Nnenna Lynch to be the next NYRR Chairwoman of the Board
New York, June 29, 2022 – New York Road Runners (NYRR) today announced that Nnenna Lynch is nominated to serve as the next Chairwoman of the NYRR Board of Directors. It is a historical appointment as she will become the first woman and the first African American in the position. Since...