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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November 15, 2021
New Balances’ CEO Eyes Strong Bounce Back In 2021
At SFIA’s Trends & Insights conference, Joe Preston, New Balance’s CEO and president, said his company’s sales are on a path to climb “about 30 percent this year” and move past 2019 levels as it strongly recovers from the pandemic. The brand also continues to pack momentum in the future....
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November 15, 2021
The IRONMAN Group Acquires Croatia’s Famed 4islands MTB Stage Race
CROATIA / LONDON / TAMPA, Fla. (November 15, 2021) /ENDURANCE SPORTSWIRE/ - The IRONMAN Group announced today the acquisition of Croatia’s famed 4Islands MTB Stage RaceTM. The event will expand The IRONMAN Group’s global portfolio of Epic SeriesTM mountain bike stage races. The 4Islands MTB Stage Race set to take place...
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November 12, 2021
Saucony Appoints Sr. VP
Saucony, a division of Wolverine Worldwide Inc., and global performance running and lifestyle brand, announced the appointment of industry veteran Brian Moore to senior vice president of global product. Moore began his athletic footwear career at Saucony 25 years ago where he served as vice president of product marketing and...
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November 12, 2021
Ashworth Awards & Craft Apparel Announce their Partnership
/ENDURANCE SPORTSWIRE/ - Ashworth Awards & Craft Apparel are pleased to announce a new partnership. This partnership offers Endurance Events the opportunity to source high quality medallions and awards manufactured by Ashworth Awards and event wearables from Craft Apparel in one seamless transaction with Ashworth Awards. All design and decoration...
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November 12, 2021
GiveSignup | RunSignup Releases Support for Inclusive Gender Options in Event Registration
Moorestown, NJ /ENDURANCE SPORTSWIRE/ - GiveSignup | RunSignup released the second phase of a four-phase effort to better support inclusive and flexible gender options within the event registration process. This ongoing project offers a solution to the increasing number of events that want to provide flexible gender options for virtual...
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November 11, 2021
The Air Force Marathon’s military discount will extend to include veterans in 2022
WRIGHT-PATTERSON AIR FORCE BASE, Ohio – The 2022 Air Force Marathon is gearing up for registration on Jan. 1 with the new year arriving. Along with registration, veterans and active military service members will be offered a military discount. Veterans, active duty, reservists, National Guard and ROTC of all branches...
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November 11, 2021
Austin Marathon, Ascension Seton Agree to Title Sponsor Extension
AUSTIN, Texas, November 11, 2021 /ENDURANCE SPORTSWIRE/ - The Austin Marathon and Ascension Seton have agreed to a long-term title sponsor extension. The agreement will allow the collaboration to continue to grow, further benefiting the fitness community. In addition to growing secondary community events and expanding content creation opportunities, Ascension...
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November 11, 2021
Better Triathlete Launches Triathlon Coach Match Program
(TRAVERSE CITY, MICHIGAN.) November 11, 2021 /ENDURANCE SPORTSWIRE/ - Triathlon blog and online community, Better Triathlete, launches a coach match program that connects athletes with the triathlon coaches who best meet their training and racing objectives, as well as their coaching preferences. Since 2012, Better Triathlete has been a reputable...
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November 10, 2021
World Triathlon and RaceRanger team-up on anti-drafting tech
World Triathlon has teamed up with RaceRanger, an electronic sensor system designed to improve fairness around the issue of drafting on the bike section of non-drafting triathlons, which make up approximately 85% of triathlon competitions globally. Endurance.Biz
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November 10, 2021
Saucony® Appoints Brian Moore as Senior Vice President Of Global Product
WALTHAM, MA (November 10, 2021) /ENDURANCE SPORTSWIRE/ - Saucony, a division of Wolverine Worldwide, Inc. (NYSE: WWW) and a leading global performance running and lifestyle brand, today announced the appointment of industry veteran Brian Moore to senior vice president of global product, effective immediately. In his new role, Moore will be...
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November 10, 2021
Adidas sees $1.2 billion sales hit as supply snags drag on
German sportswear company Adidas warned on Wednesday of a 1 billion euro ($1.2 billion) hit to sales from factory closures in COVID-hit Vietnam and supply chain bottlenecks that it expects to affect business into next year. Shares in the company fell more than 5% as it became the latest multinational to...
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November 10, 2021
Black Employees at Peloton Are Voicing Concerns Over Pay Disparity
Insider published an investigation detailing some Black employees' concerns over pay disparity at Peloton. The report, published on Nov. 3, was based on interviews with four Black current and former Peloton employees speaking under the condition of anonymity, as well as Insider's access to inside communications (screenshots of Slack conversations,...
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November 9, 2021
Titan Fitness Named Official Partner of Spartan North America
MEMPHIS, Tenn., Oct. 9, 2021 /ENDURANCE SPORTSWIRE/ - Titan Fitness, the fastest-growing brand in the fitness equipment and home gym space, and Spartan, the world’s leading endurance sports and wellness brand, have announced a multi-year partnership designating Titan Fitness the Official Partner of Spartan North America. As a brand partner,...
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November 9, 2021
A new generation of bibSNAPS becomes a part of sports memorabilia culture and catches up as collectibles among endurance participants
/ENDURANCE SPORTSWIRE/ - BibBoards is the brand that introduced their hallmark product bibSNAPS as an alternative to safety pins for athletes' bib numbers. But wait there is more… However, besides offering their customers unprecedented safety and a mindful approach to the environment with their multi-use bibSNAPS, the brand also provided space...
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November 8, 2021
Fox Factory’s Cycling Segment Scores Sixth Straight Record Quarter
Fox Factory Holding Corp. said its Specialty Sports Group (SSG), its cycling component division, soared 48.1 percent in the third quarter despite continuing supply chain constraints. Officials said with the current pace of industry demand, it expects it will take eight to 10 months to meet the current customer demand...
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November 8, 2021
Planet Fitness Brings In Highest Franchise Revenue Ever
Planet Fitness surpassed third-quarter estimates by 13.62%, reaching $154.26 million in revenue compared to $105.38 million the year prior. The national gym chain recorded a net income of $18.6 million, up from a $3.3 million loss during the same period last year. Front Office Sports
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November 8, 2021
Asics North America Delivers Double-Digit Growth In Q3
Asics said that for a third consecutive quarter, its North America region experienced a double-digit quarterly sales increase year-over-year. Looking ahead, Asics raised its outlook for profits for the full year. Asics still expects sales in the full year of ¥395,000 million, up 20.1 percent. Operating income is now expected...
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November 8, 2021
Brooks Continues Running at Record Pace through Q3 with Year-to-Date Revenue Up 44 Percent
Brooks’ revenue increased for an eighth consecutive quarter in Q3 2021. From January through September 2021, Brooks grew revenue 43.5 percent globally. In the U.S. adult performance running footwear category, Brooks captured 19% market share, based on revenues, and gained 2 percentage points, versus last year, according to The NPD...
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November 8, 2021
Billions in Funding Advanced for Bikes in Federal Votes on Infrastructure and Reconciliation Bills
WASHINGTON, D.C. (Nov. 8 2021) /ENDURANCE SPORTSWIRE/ - After months of debate and negotiations, the U.S. House of Representatives made progress on trillions of dollars in infrastructure and government spending, including billions in programming and incentives for bikes. Approved late Friday night, the $1 trillion Infrastructure Investment and Jobs Act...
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November 8, 2021
United Endurance Sports Coaching Academy (UESCA) Partners with Team RunRun
Highlands Ranch, CO – November 8, 2021 /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA), the leader in science-based endurance sports education has announced that it is partnering with Team RunRun, a running-specific, athlete/coach match business. “One of the most important things for UESCA is to provide opportunities for our...
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November 5, 2021
Dorel reports its Sports division saw revenue decline 1% in Q3 ahead of sale to Pon
Dorel Industries reported sales of $304 million in its Dorel Sports division in its third fiscal quarter this year, a 0.6% decline over sales in the same period last year. For the Sports division, organic revenue (excluding the impact of exchange rates) was down 1.2% in the quarter. Operating profit...
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November 5, 2021
Peloton freezes hiring after it slashes its forecast and shares drop 35%
Peloton halted hiring across all departments effective immediately during an all-hands meeting on Friday, CNBC has learned. The news comes a day after after Peloton slashed its full-year outlook amid slowing momentum for its fitness products. Peloton dropped 35% on Friday, wiping off more than $9 billion off its market value....
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November 5, 2021
Fleet Feet Snaps Up JackRabbit, Sprints Ahead in Specialty Run
Fleet Feet has agreed to acquire JackRabbit from affiliates of CriticalPoint Capital. The acquisition was announced today, and Fleet Feet said via statement the transaction is expected to close in early December. The transaction, according to Fleet Feet, includes all JackRabbit brick-and-mortar locations, which spans 15 states, as well as...
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November 4, 2021
ShowcasedBibRave and Stay22 Help Races Drive New Revenue Via Participant Hotel Stays
Portland, OR - BibRave, the leading-edge endurance and fitness marketing agency, and Stay22, whose mission is to empower all travelers to search and find accommodations that best fit their needs, recently partnered to help endurance events profit from nearby hotel and VRBO stays. Each year, thousands of runners travel and...
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November 3, 2021
Strava Appoints Lily Yang as Chief Financial Officer
ang will be responsible for overseeing the finance and legal organizations to support Strava's continued growth and business in over 195 countries worldwide. Prior to joining Strava, Lily served as Chief Accounting Officer at Pinterest, where she drove performance and profitability initiatives, partnering with key stakeholders to launch in 30...