November 5, 2021

Fleet Feet Snaps Up JackRabbit, Sprints Ahead in Specialty Run

Fleet Feet has agreed to acquire JackRabbit from affiliates of CriticalPoint Capital. The acquisition was announced today, and Fleet Feet said via statement the transaction is expected to close in early December. The transaction, according to Fleet Feet, includes all JackRabbit brick-and-mortar locations, which spans 15 states, as well as...

November 4, 2021

Showcased

BibRave and Stay22 Help Races Drive New Revenue Via Participant Hotel Stays

Portland, OR - BibRave, the leading-edge endurance and fitness marketing agency, and Stay22, whose mission is to empower all travelers to search and find accommodations that best fit their needs, recently partnered to help endurance events profit from nearby hotel and VRBO stays. Each year, thousands of runners travel and...

November 3, 2021

Strava Appoints Lily Yang as Chief Financial Officer

ang will be responsible for overseeing the finance and legal organizations to support Strava's continued growth and business in over 195 countries worldwide. Prior to joining Strava, Lily served as Chief Accounting Officer at Pinterest, where she drove performance and profitability initiatives, partnering with key stakeholders to launch in 30...

November 3, 2021

PeopleForBikes Works With Call2Recycle to Establish First Industrywide Electric Bicycle Battery Recycling Program in the U.S.

BOULDER, COLO (Nov. 3, 2021) /ENDURANCE SPORTSWIRE/ - PeopleForBikes, a national bicycling advocacy organization and the bicycle industry’s trade association, is teaming up with Call2Recycle, the largest, most reliable battery recycling program experts in the U.S., to establish the bicycle industry’s first industrywide electric bicycle battery recycling program in the...

November 2, 2021

Third Annual Endurance Exchange To Take Place Virtually March 3-5, 2022

COLORADO SPRINGS, Colo. — The third annual Endurance Exchange presented by BOA Nutrition, an industry-wide conference for endurance professionals and athletes, will be held as a state-of-the-art virtual event March 3-5, 2022, USA Triathlon announced today. This online experience for the second consecutive year affords everyone an opportunity to safely learn,...

November 2, 2021

haku Partners with Level Access to Make Digital Touchpoints for Endurance Events More Accessible for People with Disabilities

MIAMI, Florida, November 2, 2021 – haku, the all-in-one technology ecosystem that powers endurance event organizations, is pleased to announce their partnership with Level Access to improve usability of their digital touchpoints, which includes registration, e-commerce, and fundraising experiences, for people with disabilities. Level Access empowers organizations of all sizes...

November 2, 2021

Under Armour Hikes Outlook On Q3 Earnings Beat

Under Armour Inc. strongly raised its guidance for the full year after reporting third-quarter earnings that were double Wall Street’s consensus targets. Revenues climbed 8 percent in the third quarter. Sales of $1.5 billion were just ahead of Wall Street’s consensus target of $1.48 billion. Adjusted earnings of 31 cents...

November 2, 2021

Industry leaders co-sign pledge to reduce and report on climate impact

Industry leaders from some of the cycling world’s largest brands have signed a Shift Cycling Culture climate pledge to reduce and report on the impact of operations as part of a drive to bring about more sustainable business practices. Among the signatories you’ll find the CEOs of Dorel Sports, Schwalbe,...

November 1, 2021

Skechers Reportedly Considering IPO of Its Asia Segment

Skechers is reportedly considering spinning off its Asia business into a public company. The sneaker and clothing maker is mulling a Hong Kong-based IPO, according to Bloomberg. The company could raise around $1.5 billion through the public offering. The move may entail buying out partners in its Asia-based business, such...

November 1, 2021

Valley Preferred Cycling Center Opens Search for New Executive Director

Breinigsville, PA. November 1, 2021. /ENDURANCE SPORTSWIRE/ - The Valley Preferred Cycling Center, the premier cycling center in North America, is announcing the departure of our Executive Director, Joan Hanscom, for an exciting new role with a cycling industry leader, to be the subject of a separate announcement. Since joining the...

October 31, 2021

From Nike to Peloton, Supply Chain Issues Unavoidable

Global supply chain issues have affected major corporations, forcing them to rethink their manufacturing strategies. Some companies have even considered shifting to a more domestic approach. Read more to understand the current predicament corporations are faced with. Front Office Sports

October 29, 2021

Inside The Call: Hoka One One Again Stars For Deckers

Deckers Brands reported sales and earnings missed Wall Street’s targets in its fiscal second quarter ended September 30 as numerous supply chain challenges slowed Ugg’s growth in the quarter. However, the company still maintained its revenue outlook for the full year, driven by its projected 50-plus percent growth at Hoka...

October 29, 2021

Tommy Zaferes Hired as USA Triathlon’s High Performance Talent ID Coordinator

 COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - USA Triathlon today announced that elite triathlete and World Triathlon photographer Tommy Zaferes has been hired as talent ID coordinator, a member of USA Triathlon’s High Performance staff. Zaferes, husband of two-time Olympic medalist Katie Zaferes, will lead and develop programs to identify, recruit, asses...

October 28, 2021

Fleet Feet Chicago Celebrates 25 Years of Running Community

/ENDURANCE SPORTSWIRE/ - Fleet Feet Chicago, one of the nation’s most influential running franchisees, celebrates its 25th anniversary on Friday, October 29. A year-long Celebration of Running will commence Friday morning with a 3-mile fun run set at their original location in Chicago’s Old Town neighborhood (details below). Fleet Feet...

October 28, 2021

Skechers Slightly Lowers 2021 Outlook On Q3 Miss

Profits at Skechers USA surged 61.0 percent in the third quarter ended September 30 on a 19.2 percent revenue gain, but both sales and earnings came were below guidance. The footwear giant slightly lowered its EPS and sales targets for the full year. Skechers achieved a new third quarter sales...

October 28, 2021

Facebook Rebrands to Meta, Rolls Out VR Fitness Apps

Facebook is looking to become a different type of company, starting with its name: The social networking giant is rebranding its parent company to Meta. Meta will  oversee Facebook, Instagram, WhatsApp, and Oculus, the latter of which is of growing importance to Facebook’s ambitions in the metaverse — hence the name. The rebrand was revealed by...

October 28, 2021

Investors Double Down on Rad Power Bikes with $154 Million Investment, Making it the Most Funded Electric Bike Company in the World

SEATTLE, Oct. 28, 2021 /ENDURANCE SPORTSWIRE/—  Rad Power Bikes™, North America’s largest ebike company, today announced $154 million in funding from existing investors to supercharge its global efforts to get more people out of cars and onto electric bikes. This round is led by Fidelity Management & Research Company LLC,...

October 28, 2021

Showcased

CERO Bikes Launches Partnership with LODEN to distribute the Award-Winning CERO One Compact Electric Cargo Bike in Europe

LOS ANGELES, CA /ENDURANCE SPORTSWIRE/ - CERO launches a partnership with LODEN to distribute its  EUROBIKE Gold Award winning e-cargo bike throughout Europe and Australia; CERO has re-branded under the LODEN name in both European & Australian markets. CERO went through an extensive modification process to register its e-cargo bike as...

October 28, 2021

Olympics Draws $1.8 Billion in Revenue, But Comcast Mum on Profit

The long-delayed Tokyo Olympics paid off handsomely for NBCUniversal, as the company booked $1.76 billion in revenue over the course of the 17-day event. That marked a 9% increase compared to the $1.62 billion NBCU generated during the 2016 Summer Games in Rio. However, Comcast did not confirm that it had made a...

October 27, 2021

Fitness Segment Boosts Garmin’s Revenue to $1.19B

Garmin reported $1.19 billion in third-quarter revenue Wednesday — with net sales for its fitness segment growing 4% to more than $342 million. During the first three quarters of 2021, the company’s net fitness sales increased 26% from the same period last year. Known for its GPS devices, Garmin is making strides...

October 27, 2021

Shimano sales up 54% through first 9 months

Sales in Shimano's bicycle division were up 54% in the first three quarters of the company's fiscal year, compared to the same period last year. "Strong demand for bicycles remained at high levels in all markets, against a backdrop of the global cycling boom, triggered by the spread of COVID-19,"...

October 26, 2021

NPD Sees Performance Footwear Sales Climb 15 Percent In Third Quarter

The NPD Group reported total U.S. performance footwear sales grew 15  percent in the third quarter while leisure footwear sales climbed at a slightly lower rate. Fashion footwear sales continued to underperform, decreasing high-single-digits. The 15 percent gain in performance footwear marked a slow down from the 31 percent jump...

October 26, 2021

Apple Expands Fitness+ as Brick-and-Mortar Gyms Bounce Back

Apple Fitness+ is expanding to 15 new countries as the at-home fitness movement persists alongside the return of gyms. The company has paired its subscription workout program with its signature wearable, offering six months of Apple Fitness+ with an Apple Watch purchase. The Watch tracks biometrics such as heart rate,...

October 25, 2021

Compass Diversified-Backed Marucci Sports Announces Acquisition of Lizard Skins

BATON ROUGE, La. – October 25, 2021 /ENDURANCE SPORTSWIRE/ - Marucci Sports, LLC (“Marucci”), a subsidiary of Compass Diversified (NYSE: CODI) and a leading designer and manufacturer of baseball and softball equipment and apparel, today announced it has acquired Lizard Skins LLC (“Lizard Skins”), a designer and seller of branded grip...

October 25, 2021

Stages Cycling Launches New Website

(Boulder, CO – 25 October, 2021) /ENDURANCE SPORTSWIRE/ - StagesⓇ Cycling, a leading cycling technology company, invites visitors to explore its newly redesigned website: stagescycling.com. The new stagescycling.com merges two previous sites for Stages Indoor Cycling and Stages Cycling, presenting one cohesive website with all Stages’ cycling technology and products...