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.
July 15, 2025
Also. Inc. valued at $1 billion as new $200 million funding announced
Also. Inc., the e-bike spin-off from EV maker Rivian, has, this past week, become a $1 billion valued company, with the announcement of a new $200 million investment from Greenoaks Capital. bikebiz
July 14, 2025
Going Pro: Climbing the Professional Ladder in Draft-Legal Triathlon
Slowswitch will be looking at short-course, draft-legal triathlon, and how, while it falls under the same sport umbrella as longer racing, it presents a much different reality for professionals. Slowswitch
July 11, 2025
Pioneering cycling journalist Sam Abt has died
Abt, an American who covered cycling for over three decades for the New York Times and its sister publication the International Herald Tribune, passed away this week at the age of 90. escape
July 10, 2025
Giant Group revenue down 12% in first half
Giant Group’s revenues in the first half of the year totaled NT$32.6 billion ($1.1 billion), down 12.4% from the same period last year. The figures released Thursday are from monthly operating revenue reports filed with the Taipei stock exchange. The reports do not include profit figures or other details. Giant...
July 8, 2025
Decathlon buys cycling team, eyes co-title deal
French sporting goods brand Decathlon has agreed to become the sole owner of the Decathlon AG2R La Mondiale UCI World Tour team from the end of 2025 – with a new co-title sponsor set to be named in the coming weeks. Sport Business
July 4, 2025
Ochain joins the SRAM group
Ochain has joined the SRAM family of brands. Known for its ‘game-changing’ chainring spider that delivers a chainless-feeling ride, Ochain, has rapidly grown from a prototype to World Cup staple. Mounted between a bike’s cranks and chainring, Ochain, allows the chainring to freely rotate by a certain amount without the...
July 3, 2025
New York Private Surf Club Wants to Raise $45M, Charge $100K
Well-heeled surfers in New York searching for consistent waves may soon need to look no further than Crest Surf Clubs, which touts itself as the first and only private member surf club in the U.S. Crest is seeking about $45 million to help support the build-out of its first location...
July 1, 2025
Accell Group revenue falls 22% in 2024
Accell Group, the owner of brands Lapierre, Raleigh, Haibike, and Babboe, saw a 22% decline in its annual revenue in 2024, dropping from €1.29 billion to just over €1 billion. escape
June 30, 2025
Lululemon Sues Costco Over Alleged Copycat Yoga Pants
Lululemon filed a lawsuit against Costco, charging the warehouse club is selling “confusingly similar” replicas of its jackets, sweatshirts and pants. In a lawsuit filed Friday in the U.S. District Court for the Central District of California, Lululemonclaims that certain Costco products imitate its own designs so closely that it constitutes...
June 23, 2025
Lululemon Lays Off 150, Plans ‘Modest’ Price Increases
Lululemon is tightening its operations by eliminating roughly 150 corporate roles, a move the company says is part of an effort to operate with greater agility. The layoffs, which impact employees across Lululemon’s global store support centers, come as the popular brand prepares to implement strategic price increases, described by executives...