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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February 3, 2022
Withings Acquires 8fit
Withings announced the acquisition of 8fit, the health, fitness and wellness app. Available in six languages, its offerings include workouts, customized meal plans and self-care to users. This news follows last month’s announcement of Withings’ acquisition of Impeto Medical, a specialist in R&D, manufacturing, and distribution of medical devices for...
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February 3, 2022
Hoka and Ugg Help Deckers Deliver Its Largest Quarter Ever
Deckers Brands delivered its largest quarter in history for the third quarter of 2022 despite ongoing supply chain issues and a slowdown in its Sanuk and Koolaburra brands. The footwear conglomerate – which also owns Hoka, Ugg, and Teva – reported a revenue increase of 10.2% to $1.188 billion in...
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February 3, 2022
Skechers Just Had Its Best Year Yet, Thanks to DTC Sales and a Strong Supply Chain
The fast-growing comfort focused footwear brand managed to break four quarterly sales records throughout the year and set a new record for full year sales in 2021 at $6.29 billion. In the fourth quarter, Skechers unveiled sales of $1.65 billion, marking a year over year increase of 24.4%. Net earnings...
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February 3, 2022
ASICS Ventures Invests In RUN. EDGE. Limited, A Provider Of Video Search And Real-Time Analytics Services In Sports And Enterprise Field
RUN. EDGE is a startup company, which was carved out of Fujitsu Limited in June 2018. With the mission of "Creating new experiences through video and technology”, RUN. EDGE provides video search and real-time analysis platforms in the sports and enterprise fields including education. ASICS
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February 3, 2022
Peloton’s Bikes Spur Effort by NordicTrack Maker to Bar Imports
NordicTrack maker iFit Health & Fitness Inc. filed a U.S. trade complaint seeking to block imports of Peloton Interactive Inc.’s stationary bikes, escalating a dispute over home-fitness equipment and adding to Peloton’s woes. Bloomberg
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February 3, 2022
Connected Training App The Breakaway Raises $2.9M To Help Athletes Push Their Limits
Truckee, CA /ENDURANCE SPORTSWIRE/ - On the heels of completing Y Combinator’s 2021 Summer Batch, The Breakaway, has announced the closing of its seed funding round. The Breakaway uses the power data that riders generate on regular indoor or outdoor rides to create personalized assessments, workouts and challenges that help...
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February 2, 2022
Asics Raises Outlook For The Year
Asics Corp. in a regulatory filing increased its sales and earnings guidance for its year ended December 31. The Japanese-based company cited a better-than-expected performance in Performance Running and Core Performance Sports, as well as in Europe and Greater China. SGB Media
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February 2, 2022
Predictive Fitness, InsideTracker Join Forces to Deliver Personalized Nutrition and Training Insights to Triathletes
SOUTHLAKE, TX /ENDURANCE SPORTSWIRE/ - Predictive Fitness, makers of TriDot, today announced a partnership with InsideTracker, the leading truly personalized performance and nutrition system, which will enable users to further optimize results with science-backed insights and recommendations based on blood, DNA and fitness tracker data. As part of the partnership,...
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February 2, 2022
Feisty Media launches The Women’s Performance Podcast to help active women feel and perform their best
Victoria, BC— February 2, 2022 /ENDURANCE SPORTSWIRE/ - Feisty Media is releasing its 8th podcast with a focus on connecting active women to relevant information that will help them meet their goals. The podcast will focus on the four pillars of women’s performance: physiology, nutrition, mental health, and culture. Weekly...
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February 1, 2022
NYT reports Alberto Salazar’s lifetime Safe Sport ban is for sexual assault
In July 2021, former Nike Oregon Project head coach Alberto Salazar, who had been banned from coaching in 2019 for doping violations, received a permanent, lifetime coaching ban from the U.S. Center for SafeSport for sexual misconduct, and his attempt to appeal the decision was denied. It was previously understood...
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February 1, 2022
FasCat Coaching Welcomes Dr. Lauren Costantini as Chief Science Officer
BOULDER, CO, February 1, 2022 /ENDURANCE SPORTSWIRE/ - Lauren Costantini has been named as FasCat Coaching’s new Chief Science Officer, effective February 1, 2022. Dr. Costantini is a highly respected startup executive with experience in wearables, nutrition and biotechnology, holds a PhD in Neuroscience and was on faculty at Harvard...
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February 1, 2022
United Endurance Sports Coaching Academy (UESCA) Welcomes Dr. Chris Myers as Director of Sports Science and Education
HIGHLANDS RANCH, Colo. /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA), the leader in endurance sports education announced that Dr. Chris Myers has joined UESCA as the Director of Sports Science and Education. “UESCA is at the forefront of developing coaches in multiple endurance sport disciplines with science-driven and...
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February 1, 2022
Washington Spirit Announce Partnership with RealResponse For Safe, Secure Reporting, Feedback and Monitoring
Washington, D.C. and Charlotte, NC (02/01/22) /ENDURANCE SPORTSWIRE/ - The Washington Spirit have partnered with RealResponse (@RealResponseHQ), the award-winning leading safe and secure feedback, monitoring and anonymous reporting platform for athletic teams and organizations. RealResponse will allow both players and staff in the organization to anonymously report feedback and concerns....
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February 1, 2022
United Endurance Sports Coaching Academy Launches Cycling Coach Certification
HIGHLANDS RANCH, Colo. February 1, 2022 /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA), the leader in science-based endurance sports education, today announced the launch of their much-anticipated Cycling Coach Certification. The certification was developed in conjunction with many of the sports top athletes, coaches and sport scientists such...
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February 1, 2022
RunSignup’s Annual RaceTrends Report Shows 21.6% Growth Compared to 2020, Reversion to Norms
Moorestown, NJ /ENDURANCE SPORTSWIRE/ - RunSignup, the leading technology solution for US endurance events, released their Annual RaceTrends Report evaluating the state of the endurance industry. The overarching theme was simple: recovery and adaptation. While the data from 2021 reflects some uncertainty and interruption, the overall patterns show a clear and...
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February 1, 2022
XTERRA Announces Retirement of Janet Clark
February 1, 2022 /ENDURANCE SPORTSWIRE/ - XTERRA Global, LLC, today announced the retirement of Janet Clark, president of the XTERRA World Tour. Born and raised in Canberra, Australia, Clark was a founding member of the team who produced the inaugural XTERRA triathlon in 1996 on the island of Maui, and...
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January 31, 2022
Cowboy Raises $80m to Further Accelerate the Adoption of Cycling
This new capital injection, bringing the total raised by Cowboy to $120 million, follows the launch of the Cowboy 4 in May 2021 which garnered record sales, a successful expansion into the Nordics and the U.S., and the recent introduction of Cowboy Care — an industry first, all-inclusive, on-demand repair...
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January 31, 2022
Peloton internal docs show it slashed 2022 sales goals for apparel unit after segment revenue more than doubled last year
Peloton has slashed 2022 sales projections for its apparel business, according to internal documents obtained by CNBC. Momentum in the unit, which is run by Chief Executive John Foley’s wife, seems to be fading heading into the next year, after apparel revenue more than doubled to over $100 million from 2020 to 2021. CNBC
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January 30, 2022
Is Zwift About to Acquire TrainerRoad?
At this point, you’re probably saying: Couldn’t Zwift just do a TrainerRoad partnership instead? And certainly – that’s absolutely plausible. Zwift has licensed a handful of things in the past. And, in the past, TrainerRoad’s CEO has said he would be open to a licensing model for their technologies. But...
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January 28, 2022
In 2020, the Running Industry Promised Inclusivity. We Still Have Work to Do.
A big frustration in current social justice movement has been seeing how quickly people move on once a topic was no longer trending—as if posting a black square and hashtagging a run with #IRunWithMaud had solved racism. Statistics show that support for the Black Lives Matter movement among white Americans...
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January 28, 2022
Germany’s Messingschlager acquires Cycle Force Group
AMES, Iowa /ENDURANCE SPORTSWIRE/ - Cycle Force Group, LLC has been acquired by German Bicycle Parts & Accessories (“P&A”) Distributor, Messingschlager GmbH. The sale closed on December 31, 2021. Nyle Nims, the founder of Cycle Force, said, “During a year of consolidation, we felt the need to find a partner...
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January 28, 2022
Canyon Bicycle Appoints CEO
Canyon Bicycle appointed former Nike executive Nicolas De Ros Wallace as its new CEO. De Ros Wallace is a veteran of international management, e-commerce and sales development for sports and fashion brands. SGB Media
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January 27, 2022
Specialized to add consumer-direct sales on Feb. 1
Specialized Bicycle Components will begin direct online sales of bikes to U.S. consumers next week, adding a “Rider Direct” option for the purchase of non-electric bikes from its website. Bicycle Retailer
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January 27, 2022
Belgian e-bike firm Cowboy raises $80 million in latest funding round
E-bike designer Cowboy has announced an $80 million Series C financing milestone. The new capital injection, bringing the total raised by Cowboy to $120 million, follows the launch of the Cowboy 4 in May 2021, an expansion into the Nordics and the US, and the recent introduction of Cowboy Care....
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January 27, 2022
Stefan Petschnig Promoted to Chief Business Development Officer with Thomas Veje Olsen Taking Over as Managing Director of Europe, Middle East, And Africa for The IRONMAN Group —
TAMPA, Fla. (January 27, 2022) /ENDURANCE SPORTSWIRE/ - The IRONMAN Group is pleased to announce several leadership promotions within the company, including Stefan Petschnig to Chief Business Development Officer and Matt Wikstrom to Chief Partnerships Officer. In addition, Thomas Veje Olsen has been promoted to Senior Vice President and named...