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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March 3, 2022
iFIT Raises $355 Million, Settles Lawsuit, Lays Off Staff
iFIT Health & Fitness, Logan, Utah, raised $355 million in capital, settled a lawsuit with an investor, installed new leadership and laid off an undisclosed number of staff members, the company announced. Club Industry
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March 3, 2022
BikeExchange Offers New Clients Free Membership To Professional Bicycle Mechanics Association
Asheville, North Carolina (March 3, 2022) /ENDURANCE SPORTSWIRE/ - Online bike marketplace BikeExchange (BEX) – fresh off their recent merger with Kitzuma Cycling Logistics, which allows clients to ship fully built, ready-to-ride bikes to their buyers – is again offering added value for its clients with a new initiative: All current and...
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March 3, 2022
Peloton ex-CEO John Foley sells $50 million in stock to Michael Dell’s investment firm
Peloton co-founder and ex-CEO John Foley has sold about $50 million in stock to an investment firm backed by Michael Dell, MSD Partners, according to a securities filing. The sale involved about 1.92 million shares, the Wednesday filing said. Foley still owns enough after the sale to maintain effective voting...
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March 3, 2022
ShowcasedDanny Woods joins global digital agency, in significant international growth push
/ENDURANCE SPORTSWIRE/ - Respected fitness industry professional Danny Woods has joined market leading global technology agency SweatWorks as Global Client Services Director, based out of the UK. Founded in 2012, SweatWorks is a software and hardware technology agency working exclusively with consumer and commercial fitness and wellness brands. Danny joins...
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March 3, 2022
NWSL Rookie of the Year Trinity Rodman Partners with Youth Athletes United
New York, March 3, 2022 /ENDURANCE SPORTSWIRE/ - Youth Athletes United, one of America's fastest-growing multi-sport programs, with 291 territories nationwide and more than 200,000 children instructed each year, continues to catch on in communities throughout the U.S. The multi-brand franchisor includes Soccer Stars, Amazing Athletes, TGA Premier Sports, Little Rookies Baseball...
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March 3, 2022
Leon Cycle Hires SIMBOL Communications as PR Agency of Record
Seattle, Washington (March 3, 2022)/ENDURANCE SPORTSWIRE/ - Since its inception in Germany in 2014, Leon Cycle has grown into one of the biggest e-bike brands in Europe by focusing on its mission to offer high-quality bikes at affordable prices in every category. Now they’re bringing on SIMBOL Communications as its PR...
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March 3, 2022
Cirrus Cycles’ Kinekt Partners with Dutch Cargo
BELLINGHAM, Wash. March 3rd, 2022 /ENDURANCE SPORTSWIRE/ - Cirrus Cycles, the maker of the KINEKT suspension post and KINEKT suspension stem, proudly announces the addition of Dutch Cargo, the well-known Australian and New Zealand distributor, thereby increasing product available to customers worldwide. “Though we’re a small company based in Bellingham, Washington,...
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March 2, 2022
Endurance Exchange Virtual Conference Begins Thursday
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ - The third annual Endurance Exchange presented by BOA Nutrition, an industry-wide conference for endurance professionals and athletes, takes place as a virtual event this Thursday, March 3, through Saturday, March 5. All sessions will be recorded and available on-demand through May 31 for attendees who are unable to...
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March 2, 2022
New Speakers Announced, Final Lineup Confirmed for Sea Otter Classic Summit produced by Life Time, April 5-7
MONTEREY, Calif. (Mar. 2, 2022) /ENDURANCE SPORTSWIRE/ - Life Time, the nation's premier Healthy Way of Life brand (NYSE: LTH), and the Life Time Sea Otter Classic presented by Continental announce eight new experts who will share their knowledge at the inaugural Sea Otter Classic Summit taking place April 5-7,...
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March 2, 2022
Alexandre Geniez gets four-month suspended prison sentence for domestic violence
Alexandre Geniez (Team TotalEnergies) was given a four-month suspended prison sentence on Wednesday when he was found guilty of domestic violence against his wife at the time Lucie Garrigues. Garrigues was with Geniez from 2013 to 2020, and she is the mother of their two children. Velo News
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March 2, 2022
Ukrainian cycling coach and father of recent national champion killed in war; former pro Andriy Grivko working to help country’s cyclists
The Russian invasion in Ukraine has claimed the life of one of the country's national cycling coaches, who was also the father of the rider who won the men's National Road Race Championships in 2019. Alexander Kulyk was killed on Tuesday in Kyiv during a mission to help evacuate people...
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March 2, 2022
Saucony® Launches New Video Series to Celebrate All Runners
WALTHAM, MA (March 2, 2022)/ENDURANCE SPORTSWIRE/ - Today, global performance running lifestyle brand Saucony launched a video series titled “Call Us Runners,” which offers an introspective look into the lives of four people to highlight what it means to be a runner across different backgrounds and experiences. The video series underscores...
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March 2, 2022
The IRONMAN Group Statement of Solidarity with Ukraine
PETERSBURG / LONDON / TAMPA (March 2, 2022) /ENDURANCE SPORTSWIRE/ -The IRONMAN Group stands in solidarity with the people of Ukraine, our athletes, and their community, and condemns the actions dictated by Russian leadership during this deeply troubling international crisis. The 2022 IRONMAN® 70.3® St. Petersburg triathlon scheduled to take place...
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March 2, 2022
Lizard Skins Launches Their Latest Grip: The Strata
American Fork, Utah (March 2, 2022) /ENDURANCE SPORTSWIRE/ - Lizard Skins, a longtime industry leader in grips and handlebar tape, has a new grip offering: the ‘Strata’. The Strata is a single-clamp lock-on grip that offers a soft, comfortable feel with its mushroom-style fin design. The medium diameter of 32.25mm sets the...
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March 2, 2022
How Bike Club’s decentralized cycling community changes everything
/ENDURANCE SPORTSWIRE/ - Originally conceived as an NFT project, Bike Club has quickly grown into something much bigger. As the world’s first decentralized cycling club and community that is free and open to everyone, the implications for the industry are massive. “Traditionally, bike clubs provided a foundational structure and grassroots...
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March 2, 2022
PLAYTRI continues to expand in Texas
(Dallas, Texas, March 2, 2022)/ENDURANCE SPORTSWIRE/ - We are VERY excited to announce that PLAYTRI continues to expand with a new location in Round Rock, Texas. PLAYTRI has purchased Buc’s Bike Shop in Round Rock, which has operated in the Austin area for over 30 years with products and support for...
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March 1, 2022
Lizard Skins and BOA parent delivers record results
Compass Diversified, the parent group to Lizard Skins and BOA Technologies, among many other middle market labels, has reported a record year in its FY21 results, with annual sales reaching $1.842 billion. Both relatively new additions to the Compass portfolio, Lizard Skins and BOA are already making their contributions with the...
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March 1, 2022
Colnago and L’Eroica Partner for the Next Three Years
Cambiago, Italy, March 1st 2022 /ENDURANCE SPORTSWIRE/ - It was destiny that Colnago and L’Eroica become partners. Both represent the deep and extraordinary passion for cycling, a sport that is increasingly widespread in every corner of the world. Both brands generate unique feelings and represent the success of ‘Made in Italy’....
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March 1, 2022
Destination Sport Experiences Announces Further Growth with the Acquisition of Cycling Travel Specialist Sportive Breaks
/ENDURANCE SPORTSWIRE/ - Hundreds of UK cyclists will benefit thanks to an asset purchase agreement between Sportive Breaks Ltd and Destination Sport Experiences. The pandemic put unbearable pressure on the travel industry with two years of lockdowns and international travel restrictions, so being part of a much larger UK travel...
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March 1, 2022
United Endurance Sports Coaching Academy Launches First Ever Endurance Sports Nutrition Certification
Highlands Ranch, CO – March 1, 2022 /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA) in partnership with renowned endurance sports dietitian, Bob Seebohar has developed the first ever endurance sports-specific nutrition certification. The certification opened for presale at a discounted rate on 3/1/22 with an official launch date of...
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March 1, 2022
Ryan Morris named Chief Operating Officer of DelMoPRO
Cape May, NJ /ENDURANCE SPORTSWIRE/ - DelMoPRO is pleased to announce the appointment of Ryan Morris as Chief Operating Officer. DelMoPRO has quickly grown into one of the leading event production and timing companies on the East Coast and Morris will be charged with continuing to manage its growth and operation....
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March 1, 2022
Injinji Expands Brand Marketing Team for 2022
San Diego, CA (March 1, 2022) /ENDURANCE SPORTSWIRE/ - Injinji, the innovator of the patented five-toe-Performance Toesock™ for runners and outdoor enthusiasts, announces new additions to the Injinji Marketing Team; Lexi Brantman (Content Marketing Manager) and Margaux Kelly (Digital Marketing Coordinator). With a creative background and business mindset, Lexi Brantman will...
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February 28, 2022
Longtime iFIT CEO steps down from Logan company amid layoffs and leadership shake-up
Logan-based iFIT Health & Fitness has followed deep staff cuts announced Friday with a shake-up of its leadership, including the departure of longtime CEO Scott Watterson. Watterson, an iFIT co-founder who has worked 45 years with the exercise equipment maker, will remain in his role as chairman of the board...
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February 28, 2022
RACE RESULT and mika:timing showcase greener, more efficient on-demand bib printing and transponder programming at RUNNING USA conference.
Orlando, FL /ENDURANCE SPORTSWIRE/ - Race Directors today are facing increased pressure to reduce their environmental impact and save money. Since the start of the pandemic, runner “no-show” rates have been increasing, which means event more unused bibs, packet materials and timing transponders thrown in the trash after an event – a...
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February 28, 2022
Hospital Hill Run Launches New Hill Training Program for Runners
February 28, 2022 /ENDURANCE SPORTSWIRE/ - The Hospital Hill Run has developed a free hill training program explicitly designed to help runners master each of the major hills on the historic race course. The Hospital Hill Run Hill Training program includes three in-person Hill Training clinics led by the official Hospital...