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.
November 28, 2023
PEARL iZUMi and Nathan owner, United Sports Brands, acquired by Norwest Equity Partners
Norwest Equity Partners (NEP), a middle market investment platform founded in 1961, has acquired United Sports Brands (USB), which has a diverse portfolio of sporting goods and active lifestyle brands. The transaction closed on November 20, 2023, and financial terms were not disclosed. United Sports Brands’ (USB’s) six brands are: PEARL iZUMI,...
November 28, 2023
Tonal Sues Smart Home Gym Rival Speediance
Tonal, the smart home gym company, has filed a lawsuit against competitor Speediance, alleging the rival brand infringes on its patents and is engaging in false and misleading advertising. The China-based Speediance is also alleged to tout itself as the “Tonal killer” and alter and/or delete reviews on its website...
November 28, 2023
PEARL iZUMi and Nathan owner, United Sports Brands, acquired by Norwest Equity Partners
Norwest Equity Partners (NEP), a middle market investment platform founded in 1961, has acquired United Sports Brands (USB), which has a diverse portfolio of sporting goods and active lifestyle brands. The transaction closed on November 20, 2023, and financial terms were not disclosed. USB products are sold by leading retailers...
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November 28, 2023
Michael Clemons Named Running USA Director of Operations
Nov. 28, 2023/ENDURANCE SPORTSWIRE/ – Running USA is pleased to announce that Michael Clemons has accepted a permanent role as the organization’s Director of Operations. Clemons has been serving in this capacity as a contractor since September and becomes a full-time staff member effective December 1. "I've had the opportunity to...
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November 28, 2023
Leading road safety experts Bodylite announce partnership with sports, leisure and outdoor distribution agency Reydon Sports
28th November 2023, UK/ENDURANCE SPORTSWIRE/ – Bodylite are a leading Irish sportswear brand that specialise in visibility products and active gear for runners, walkers, cyclists and outdoor enthusiasts. Founded by Padraic George in 2013, the dedicated team based in Co Carlow, Ireland, have spent many years developing their industry-leading product...
November 27, 2023
Performance Footwear From Hoka and On Helped Drive Shoe Sales During Thanksgiving Week, According to New Data
The U.S. footwear market had its best week of the season the week of Thanksgiving, with dollar sales down just 1 percent versus last year. Footwear’s improved results over the holiday week were driven by performance shoes. More specifically, performance shoes saw dollar sales increased by 10 percent in the...
November 27, 2023
High Five Events Cordially Invites Prospective Team Members to Recruitment Event
AUSTIN, Texas, November 27, 2023 /ENDURANCE SPORTSWIRE/ – High Five Events, a leading privately owned event production company in the United States, is excited to announce a recruitment event for potential part-time staff at the High Five Events office on December 5, 2023, at 6:30 PM in Austin, Texas. The session...
November 21, 2023
Dick’s Sporting Goods reports record Q3 net sales of $3.04 billion
Dick's Sporting Goods' third-quarter net sales increased 2.8% year-over-year to a record $3.04 billion. Net income for the quarter was $201 million, down 11.8% from $228 million year-over-year. Earnings per share decreased 16.3%, from $2.94 to $2.46. BRAIN
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November 21, 2023
The Running Summit 2023: A Premier Gathering for Running Coaches, Athletes and Enthusiasts
November 21, 2023 , Rock Hill, SC /ENDURANCE SPORTSWIRE/ - The much-anticipated Running Summit is set to take place on December 9th - 10th, 2023, conveniently located near Charlotte, NC, at Winthrop University in Rock Hill. This two-day event is for runners, coaches, and fitness enthusiasts seeking insights, expertise, and...
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November 21, 2023
Team Magic Rebrands to Magic Sports: A New Era in Sport Event Production
Nashville, Tennessee – [November 21, 2023] /ENDURANCE SPORTSWIRE/ - Team Magic, a pioneering force in the world of endurance sports event production since its founding in 1985, is excited to announce its transformation into Magic Sports. This rebranding reflects the company's commitment to innovation, growth, and a continued dedication to...