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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June 29, 2022
King Oscar Becomes #1 Specialty Canned Seafood Brand in the United States
San Diego, Calif. /ENDURANCE SPORTSWIRE/ - Today, King Oscar Inc., the legendary Norwegian seafood producer, announced its rapid ascension to the largest-selling brand in the canned specialty seafood category. King Oscar’s new position firmly cements the legacy brand as the nation’s best and now, leading purveyor of the finest-quality, best-tasting,...
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June 29, 2022
Industry Leaders Elected to Running USA Board of Directors
(June 29, 2022)/ENDURANCE SPORTSWIRE/ – Running USA member representatives have approved the election of a slate of five board members to three-year director terms which will begin July 1, 2022 and conclude June 30, 2025. Two of those elected are incumbents returning to the board, which provides consistent leadership and oversight...
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June 29, 2022
Fitmint, a fitness app, secures a $1.6 million investment round from General Catalyst
Fitmint, a business with offices in Bengaluru, announced on Wednesday that it has secured $1.6 million in a seed fundraising round headed by General Catalyst. With built-in social-fi and NFT game features, Fitmint is a "Move-to-Earn" business where users may earn incentives in crypto/NFTs by exercising physically, such as walking, jogging,...
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June 29, 2022
STRIVE Closes $6M in Funding to Accelerate Growth
STRIVE, the only platform proven to optimize muscle performance for elite athletes and teams, today announced it closed $6 million in Series A funding. The round was led by Future Communities Capital, with participation from investors, including SeaChange Fund, SeedtoB Capital, Jas Ventures, Gaingels, Founders First, Macnica Investment Partners, fama...
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June 29, 2022
Fleet Feet Now Running Together with Backbone Media
CARRBORO, N.C. (June 29, 2022)/ENDURANCE SPORTSWIRE/ – Fleet Feet, the largest franchisor of locally owned and operated running stores, today announced it has partnered with Backbone Media to lead its public relations efforts. Backbone is charged with amplifying Fleet Feet’s expertise within the running space and elevating brand awareness on a...
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June 29, 2022
Nnenna Lynch to be the next NYRR Chairwoman of the Board
New York, June 29, 2022 – New York Road Runners (NYRR) today announced that Nnenna Lynch is nominated to serve as the next Chairwoman of the NYRR Board of Directors. It is a historical appointment as she will become the first woman and the first African American in the position. Since...
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June 29, 2022
FasCat Coaching hires media veteran Ben Delaney as Director of Content
BOULDER, CO/ENDURANCE SPORTSWIRE/ – Cycling Coaching & Digital Training company FasCat Coaching hired longtime cycling journalist Ben Delaney as its director of content. Delaney will be producing podcasts, writing stories and tips, creating video, and connecting on social media with athletes around the world. Delaney will also help launch the forthcoming...
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June 28, 2022
Emerald Acquires Advertising Week Global Event Platform
Emerald Holding, Inc. announced that it has completed the acquisition of all of the assets comprising the business known as Advertising Week from Stillwell Partners. Advertising Week (AW) is a premier global event and thought leadership platform focused on marketing, media, technology, and culture. Businesswire
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June 28, 2022
ShowcasedPredictive Fitness and TriDot Announce A Groundbreaking Technology Partnership With G.O.A.T. Mark Allen
DALLAS, TX – JUNE 28, 2022 /ENDURANCE SPORTSWIRE/ - TriDot, a division of Predictive Fitness, Inc. and Mark Allen, the Greatest Endurance Athlete of All Time and 6x IRONMAN Triathlon World Champion are proud to announce the creation of the TriDot Mark Allen Edition. The TriDot platform is the first...
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June 27, 2022
Nike Q4 Beats Analyst Expectations Despite Russia Exit, China Pressures
Revenues in Q4 were down 1% to $12.2 billion compared to the prior year, with net income down 5% to $1.4 billion, or 91 cents per share. The Beaverton, Ore.-based company attributed approximately $150 million in expenses in the quarter associated with closing its Russian operations, and the transition of...
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June 24, 2022
A California REI Store is Looking to Unionize, Amid an Uptick in Retail Unions
Another REI store has started the process of organizing a union. A store in Berkeley, Calif. on Tuesday filed a request with the National Labor Relations Board to hold a union election. The group is looking for the company to voluntarily recognize them through the United Food and Commercial Workers Local...
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June 24, 2022
Professional Triathletes Organisation Announces Appointment of Jane Hansom as Advisor to The PTO Athlete Board
London/ENDURANCE SPORTSWIRE/ - The Professional Triathletes Organisation (PTO) today announced that Jane Hansom, currently Head of Communications, will take up a new role advising the PTO Athlete Board alongside PTO Chairman, Charles Adamo. Anthony Scammell, a London-based sports communication specialist, also joins as Communications Director. Hansom has more than a...
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June 23, 2022
Bicycle insurance company Laka receives investment from Porsche Ventures
Laka has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG. This brings its Series A, led by Autotech Ventures and followed by Ponooc, a Dutch sustainable mobility investor with close ties to Pon, and ABN AMRO, to $13.5 million. bikebiz
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June 23, 2022
Nike latest brand to leave Russia permanently
Nike has announced plans to leave Russia, becoming the latest Western brand to quit the country since the invasion of Ukraine in February. The US sportswear giant halted online orders and closed the stores it owned in the country in March. BBC
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June 23, 2022
Another Mother Runner Celebrates Its 12th Year of Running Strong
Portland, OR – (June 2022) /ENDURANCE SPORTSWIRE/ - Another Mother Runner (AMR), founded by Dimity McDowell and Sarah Bowen Shea, is celebrating its 12th year of running strong with a virtual 12K over the course of this upcoming weekend, June 24 - 26. Designed to form-fit a woman’s schedule and...
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June 23, 2022
Supersapiens Announces Board of Directors and Unanimous Election of Chairman
ATLANTA, 23 June 2022/ENDURANCE SPORTSWIRE/ –Supersapiens, powered by Abbott’s Libre Sense Glucose Sport Biosensor, announced the appointment of five members to its board of directors: Pam Alexander, Chris Belli, Carl Bilbo, Alain Brouhard, and Phil Southerland. The directors unanimously elected Brouhard as its Chairman of the Board. The US-based company recently...
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June 22, 2022
INEOS and marathon runner Kipchoge to set up new cycling academy in Kenya
Cycling team INEOS Grenadiers have teamed up with marathon world-record holder Eliud Kipchoge to set up a cycling academy in Kenya as they look to tap into the renowned endurance of the local talent and create top level cyclists. Reuters
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June 22, 2022
USA Cycling and Wolfpack Team Up to Launch an Introduction to Racing Clinic Series
COLORADO SPRINGS, Colo. /ENDURANCE SPORTSWIRE/ – USA Cycling is excited to announce the launch of Level Up Your Ride, an introduction to racing series. Level Up Your Ride offers nine different opportunities for women, trans, femme, and non-binary cyclists to learn all about bike racing. Following the American Criterium Cup series,...
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June 22, 2022
ShowcasedAbbott World Marathon Majors appoints Dawna Stone as CEO
Stone will drive the expansion of the Abbott World Marathon Majors Her vast experience in developing engaging, relevant content will enhance the brand’s ability to inspire more people through marathons. /ENDURANCE SPORTSWIRE/ – Dawna Stone has been appointed as the Chief Executive Officer of the Abbott World Marathon Majors (AbbottWMM). Based...
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June 21, 2022
2020 Summer Olympics Cost Tokyo $10.5B
The cost of the 2020 Tokyo Olympics has fluctuated since the city was named the Games’ host, but on Tuesday, the organizing committee released its final number: $10.5 billion, or 1.42 trillion Japanese yen. FOS
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June 21, 2022
Clif Bar bought in $2.9 Billion deal with Mondelēz
Global snack food company Mondelēz has revealed plans to buy Clif Bar for an astonishing $2.9 billion. Trading since 1992, Clif Bar has become a global nutrition business generating in excess of $800 million in sales, some of which are routed through the cycling market via distributors. Cycling Industry
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June 21, 2022
MTB Giveaways is acquired by Endurance Zone, owners of Win Your Dream Bike
/ENDURANCE SPORTSWIRE/ – Endurance Zone have acquired MTB Giveaways to bolster their Win Your Dream Bike brand. After the purchase of Rafflebike in January, this is their second acquisition in 6 months in the bike prize competition space. MTB Giveaways, founded in 2020, is a UK bike prize competition specialising in...
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June 17, 2022
Reconditioned e-bike firm raises £20 million investment funding
Upway, a refurbished e-bike specialists, have secured Series A funding to the value of £20mn, led by investors Exor Seeds and Sequoia Capital. The Paris based business, founded in 2021 by Toussaint Wattinne and Stéphane Ficaja, both former senior executives at Uber, previously attracted £4.26mn in funding from Sequoia and...
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June 16, 2022
Fleet Feet to Acquire Marathon Sports
CARRBORO, N.C. (June 16, 2022)/ENDURANCE SPORTSWIRE/ – Fleet Feet, the largest franchisor of locally owned and operated running stores, announced today that it has agreed to acquire New England-based running retailer Marathon Sports and its soundRunner and Runner’s Alley brands. The transaction, which includes Marathon Sports’ e-commerce business, is expected to...
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June 16, 2022
Fast Talk Laboratories Launches New Coaching Essentials Member Level
June 16, 2022 – Boulder, Colorado, USA /ENDURANCE SPORTSWIRE/ - Fast Talk Laboratories, the fast-growing online education platform and training center, has launched a dynamic new support platform for endurance sports coaches. Two new memberships, Coaching Essentials and USA Cycling Coach member levels, offer a deep endurance knowledgebase, science-based coaching...