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.
May 8, 2026
Nike faces class action lawsuit accusing it of pocketing tariff refunds while charging consumers more
Nike faces a proposed class-action lawsuit filed in federal court in Portland, Oregon, accusing the company of pocketing tariff refunds from the U.S. government while failing to reimburse consumers for higher prices charged to offset those tariffs. The suit stems from a February 2026 U.S. Supreme Court ruling that invalidated...
May 8, 2026
Porsche shuts down Porsche eBike Performance GmbH, resulting in over 500 job losses
Porsche eBike Performance GmbH will be discontinued following the planned sale of Porsche AG’s stakes in Bugatti Rimac and the Rimac Group, Dr. Ing. h.c. F. The subsidiaries Cellforce Group GmbH, based in Kirchentellinsfurt, Porsche eBike Performance GmbH, based in Ottobrunn, and Cetitec GmbH, based in Pforzheim, are to be...
May 8, 2026
Ex-Olympic medallist CJ Ujah arrested for alleged cryptocurrency fraud
On Wednesday, British sprinter and ex-Olympic medallist Chijindu (CJ) Ujah was one of 10 suspects arrested in an investigation into cryptocurrency fraud across southern England. Ujah, a world 4x100m champion, two-time European 100m champion and Diamond League Final winner, is alleged to be involved with an organised crime group suspected...
May 8, 2026
Giant points to improved margins in Q1, says WRO cost $2.6 million in the quarter
Giant Group is noting that new product launches helped increase its gross margin rate in the first quarter, when the manufacturer recorded a net loss after tax of NT$200 million ($6.37 million). The company also reported a one-time cost of NT$80 million ($2.56 million) related to the Withhold Release Order...
May 7, 2026
Thule Group Acquires Dog Harness Maker Curli AG
Thule Group has agreed to acquire Swiss-based curli AG, a leading maker of premium dog harnesses sold in about 60 countries, to expand its fast-growing dog transportation product line. Curli reported 6.4 million CHF in revenue for 2025 with a 20% EBIT margin, and its products complement Thule's offerings for...
May 7, 2026
Peloton Soars 11% on Q3 Profit Turnaround, Raised Guidance, Spotify Partnership
Shares of Peloton Interactive (NASDAQ:PTON) are climbing 11% to $5.76 in premarket trading on Thursday, May 7, after the connected fitness company posted a swing to GAAP profitability and lifted its full-year outlook. The bid follows an 8-K filed at 6:59 a.m. ET and an earnings call that began at 8:30 a.m....
May 7, 2026
FRESHJUNKIE Racing Celebrates Dual Honors as Best Marathons in Mississippi and Louisiana
Baton Rouge, LA / Biloxi, MS (May 7, 2026) /ENDURANCE SPORTSWIRE/ — FRESHJUNKIE Racing is proud to announce that two of its signature events have earned top honors in the 2026 rankings by FindMyMarathon.com, one of the most trusted resources for marathon reviews and race discovery. The Keesler Federal Mississippi...
May 7, 2026
BibRave Partners with Take the Lead on 2026 Brand Refresh and Registration Launch
Los Angeles, CA (May 7, 2026) /ENDURANCE SPORTSWIRE/ —BibRave, the leading-edge endurance and fitness marketing agency, partnered with the Take the Lead Retreat to manage the 2026 registration launch, including a cross-channel brand refresh designed to elevate the organization’s digital presence and community impact. The design refresh was led by Laura...
May 7, 2026
The Future for Litespeed is Bright
Chattanooga, TN /ENDURANCE SPORTSWIRE/ - Today, Litespeed announces an exciting new look for 2026 with multi‑color finishes that combine anodization, Cerakote, and raw titanium, available now across the entire lineup of Litespeed bikes. For the past 40 years, every Litespeed titanium bicycle has been engineered around three fundamental pillars: superior...
May 7, 2026
Laurel Powers Real-Time Tracking and Race Storytelling for Nearly 15,000 Runners at the Eugene Marathon
EUGENE, Ore. — May 7, 2026 /ENDURANCE SPORTSWIRE/ - Laurel, the AI-powered race timing, live tracking, and storytelling platform, today announced its successful deployment at the 2026 Eugene Marathon, further accelerating its nationwide expansion across premier endurance events in the United States. The event welcomed over 14,500 registrants, making it...
