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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December 16, 2021
Outside Interactive, Inc. Launches Exclusive Video Series Featuring Two-Time Olympic Gold Medalist and World Cup Alpine Skier, Mikaela Shiffrin
BOULDER, CO — December 16, 2021/ENDURANCE SPORTSWIRE/ - Outside Interactive, Inc., the world’s leading creator of active & healthy lifestyle content, events, and experiences, today announced the release of an exclusive video series featuring the world-class alpine ski racer, two-time Olympic gold medalist, six-time world champion, and three-time Overall FIS...
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December 15, 2021
CriticalPoint Capital Completes Sale Of JackRabbit To Fleet Feet
Affiliates of CriticalPoint Capital, LLC announced the closing of the sale of JackRabbit to Fleet Feet. Headquartered in Denver, CO, JackRabbit is the second-largest running specialty retailer in the U.S. and is the largest franchisor of locally-owned and operated running stores. SGB Media
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December 15, 2021
Corporate Well-Being Platform Gympass Acquires Trainiac
Trainiac, a one-on-on fitness platform, is now Trainiac by Gympass. The latter announced its acquisition of the one-on-one fitness platform on Wednesday. The news comes after Gympass’ $220 million funding round in June valuing the company at $2.2 billion. At the time, Gympass said it had more than 750,000 training sessions booked for more than 50,000...
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December 15, 2021
Apple, Amazon Vie for Piece of Growing Wearable Tech Market
The fitness wearables market is poised for huge growth over the next seven years — and companies and investors are taking notice. Separate reports from Grand View Research and Fortune Business Insights placed the fitness wearable market at $34.6 billion and $36.3 billion, respectively. Fortune predicted compound annual growth of...
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December 15, 2021
Shimano gets fake clearance website taken down
Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site. Shimano warned the public about the site in October. Bicycle Retailer
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December 15, 2021
ShowcasedMark Allen Sports Announces New Partnership
Santa Cruz, December 14, 2021 - /ENDURANCE SPORTSWIRE/ - Mark Allen Sports is proud to announce a new partnership with one of the leading brands in performance nutrition, Tennant Products. "Whether you are at the top of your game or starting at the beginning, Tennant Products has a product that...
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December 14, 2021
USA Cycling CEO Rob Demartini Is Leaving the Role for A Job Outside of Cycling
He will become the acting CEO and a board member at Purple, which makes mattresses, pillows, and other comfort products. DeMartini’s departure comes days after the US national cyclocross championships in Illinois, where the presence of a group of people protesting the participation of trans women in women’s sports led some...
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December 14, 2021
Nike Evaluating $1B in Media Spending
Nike is reportedly conducting a full review of its media accounts, inviting a host of major ad and media agencies to compete for their portion of around $1 billion. The process, which Nike hasn’t conducted at this scale in more than 10 years, is only just beginning and is expected...
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December 14, 2021
ShowcasedNonaste® Introduces High-Performance Laundry Detergent and Sanitizing Sports Sprays that Eliminate Stink, Funk, Grime and Germs for Active Lifestyle Enthusiasts
SAN DIEGO, CA – December 14, 2021 /ENDURANCE SPORTSWIRE/ - It all comes out in the wash. But does it really? Nonaste, pronounced “No Nasty!” has launched a collection of high-performance laundry detergent and disinfecting sports sprays to help athletes and people with active lifestyles get the nasty smells and...
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December 13, 2021
Report: To Sustain the Cycling Boom, U.S. Must Build Up American Bike Manufacturing
America’s Covid-induced cycling boom is being stifled by massive over-reliance on overseas bike manufacturers — and the nation needs to follow Europe’s example and re-shore this essential industry to achieve social and environmental impacts far beyond the shelves of local bike shops, a new report argues. Streetsblog USA
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December 11, 2021
ShowcasedLeslie Jordan announces their NEW Online Outlet Store LJIoutlet.com
Portland, OR /ENDURANCE SPORTSWIRE/ - Leslie Jordan Inc. announces the debut of their online outlet store, LJIoutlet.com. Offering blank tees, hoodies, zips & jackets, buyers can buy a single item or get a 10% discount if they buy ‘by the dozen’. Leslie says, “This is something we have planned for...
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December 10, 2021
Lululemon Revenue Up Despite Mirror’s Struggles
Lululemon reported third-quarter earnings Thursday, posting a 30% year-over-year net revenue increase to $1.5 billion. Net income jumped from $143.6 million to $187.8 million. Revenue in North America rose 28%, and international revenue increased 40%. The athleisure company saw total sales increase 27%, opening 18 new stores during the quarter...
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December 9, 2021
Nike Tries to Ban Imports of Adidas Knit Shoes, Accusing It of Copying Designs
Nike Inc. is asking a U.S. trade agency to block imports of a wide range of Adidas AG Primeknit shoes, saying they copy the Oregon company’s patented inventions for a knitted fabric that reduces waste without any loss in performance. The complaint, filed Wednesday at the International Trade Commission in...
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December 9, 2021
Road Race Management Conducting Ninth Bi-annual Compensation Survey
/ENDURANCE SPORTSWIRE/ - As race directing emerges from nearly two-years of the Covid-19 pandemic, Road Race Management is conducting its 9th bi-annual Race Director’s Compensation Survey. Since first conducted in 2005, the survey has become the benchmark report on race director salaries and benefits. “After fourteen years of steadily increasing...
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December 8, 2021
Showcased12 Tips to Increase Event Attendance Year After Year
Even before the COVID-19 pandemic, the events industry was changing as event professionals adapted to modern times. Marketing efforts have gone increasingly digital. Today, event professionals also have a variety of formats to choose from when it comes to planning their events. With all of these technological changes, event organizers...
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December 8, 2021
Suzanne Cohen Joins The IRONMAN Group As New Chief Marketing Officer
TAMPA, Fla. (Dec 8, 2021) /ENDURANCE SPORTSWIRE/ - The IRONMAN Group is pleased to announce the addition of Suzanne Cohen as the company’s new Chief Marketing Officer (CMO). Cohen joins the executive team at The IRONMAN Group after leadership roles with JPMorgan Chase & Co., Marriott International, Starwood Hotels &...
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December 8, 2021
ClassPass Data Shows Gyms Recovering, Livestream Workouts Falling
ClassPass released data on Wednesday revealing how the reopening of gyms and the changing nature of work is affecting the fitness industry. The company, which offers access to numerous gyms, fitness centers, and spas through a subscription program, found that gym reservations have surged on its platform at the expense...
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December 8, 2021
Sportograf Becomes Official Event Participant Photography and Video Services Provider for The IRONMAN Group Events in Asia, Emea, and Oceania
Singapore / London / Sydney (8 December, 2021) /ENDURANCE SPORTSWIRE/ - The IRONMAN Group announced today a multi-year agreement with long-time sport photography company Sportograf to become the Official Event Participant Photography and Video Services Provider for events across Asia, EMEA, and Oceania. As the world’s first digital-only photo service provider,...
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December 8, 2021
USA Cycling Announces New Chief Marketing Officer
8 December 2021 (COLORADO SPRINGS, CO) /ENDURANCE SPORTSWIRE/ - USA Cycling announces today that Erika Lehman will take on the Chief Marketing Officer role in the Colorado Springs office. Coming off a successful growth-focused leadership role at US Figure Skating, Lehman is poised to deliver new value to existing members, to...
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December 8, 2021
Lyric Introduces First-of-its-Kind On-Device Video Guidance
SANTA MONICA, Calif., Dec. 8, 2021 /ENDURANCE SPORTSWIRE/ - The innovators behind the Lyric, the revolutionary Wi-Fi-enabled therapeutic massager, debuted its latest groundbreaking feature: full-color, on-device video guidance. Now, with one simple software update, anyone with a Lyric massager can access new free, guided content, starting with a hand/arm therapy...
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December 7, 2021
Lack of spectators at Tokyo 2020 set to save organisers more than $1 billion
The total cost of staging the Games, which were postponed by a year due to the COVID-19 pandemic, was ¥150 billion (£1 billion/$1.3 billion/1.2 billion) less than budgeted as the lack of fans meant labour costs and other expenditure was not as big as expected, Japanese agency Kyodo News reported. Cost reductions...
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December 7, 2021
Electric bike exports to UK from Taiwan surge 66%, U.S.A 69%
Electric bike exports data handed to CI.N from the Taiwan Bicycle Association revealed that from January to September the value of electric bike export trade into Europe from Taiwan came in at $520,562,109, up 28%, while the North American tally registered $304,430,109 in value, up 64.1%, driven primarily by a...
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December 7, 2021
Strava Publishes 2021 ‘Year in Sport’ Annual Stats Extravaganza
Strava just published their annual year in review presentation, which outlines what all of us 95 million Strava users suffer through each week. Both athletically suffering through hard workouts and long adventures. But also occasionally suffering through what others post on their timelines. DC Rainmaker
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December 7, 2021
COROS Introduces New Web Based Coaching and Training Platform – COROS Training Hub™
Irvine, CA, December 7, 2021 /ENDURANCE SPORTSWIRE/ - COROS Wearables Inc., makers of performance sports wearables, announced today the release of the COROS Training HubÔ a new web-based platform focused on improving the way athletes and coaches interact with their data and each other. This innovative new platform comes as...
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December 7, 2021
ShowcasedEvents.com Launches Sales Tax Solution for Event Organizers
LA JOLLA, CA - December 7, 2021 /ENDURANCE SPORTSWIRE/ - Events.com, a mobile-first event registration, ticketing and management platform, today announced the launch of its automated sales tax management solution. This release makes event organizers' lives easier by automating complex tax calculations and submissions for customers. As many states and...