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 17, 2021
Showcasedrabbit Partners with Women-Led Wednesday to Empower Women Leaders
November 17th, 2021. Santa Barbara, California /ENDURANCE SPORTSWIRE/ - California-based running apparel company, rabbit, has partnered with Women-Led Wednesday to support and promote women in leadership. Founded by two women, Monica DeVreese and Jill Deering, with decades of experience in the running industry, rabbit has long championed gender equality and a...
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November 17, 2021
Peloton Sues Rivals Over Alleged Patent Infringement
Peloton has filed lawsuits against rivals Echelon and iFit over alleged patent infringement related to the company’s on-demand fitness classes. Known for its at-home bikes and treadmills, Peloton is seeking compensation and a court order that would prevent Echelon and iFit from selling their alleged patent-violating products until the patents...
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November 17, 2021
USA Cycling To Partner With THRU To Ship Member Bikes Across The US
November 17, 2021 (COLORADO SPRINGS, CO) /ENDURANCE SPORTSWIRE/ - USA Cycling announces today their partnership with THRU as their Official Bike Transport Sponsor. Members will be able to take advantage of the full range of shipping and destination concierge services starting with the USA Cycling Cyclocross National Championships on December...
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November 17, 2021
BibRave Names Julia Montag VP of Strategic Accounts
Portland, OR /ENDURANCE SPORTSWIRE/ - BibRave, the leading-edge endurance and fitness marketing agency, recently promoted Julia Montag from Director of Strategic Accounts to VP of Strategic Accounts. Montag first joined Team BibRave in 2014 as a volunteer when the organization was still a start-up. Julia’s unparalleled level of client service...
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November 17, 2021
United Endurance Sports Coaching Academy (UESCA) Partners with InsideTracker to Bring Blood Biometric, DNA, Fitness Tracker Insights to 1,200 UESCA Certified Coaches
HIGHLANDS RANCH, Colo. November 17, 2021 /ENDURANCE SPORTSWIRE/ - United Endurance Sports Coaching Academy (UESCA), the leader in science-based endurance sports education, today announced a partnership with InsideTracker, the leading truly personalized performance and nutrition system, which will enable its 1,200 certified running, ultrarunning and triathlon coaches to further amplify...
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November 16, 2021
On Shares Soar After the Running Brand Posts Strong First Quarterly Earnings
On, the fast-growing Swiss running brand, just reported quarterly results for the first time as a public company. In the third quarter, On reported a net sales growth of 68% to 218.0 million Swiss francs, or about $234 million, and a net income of 13 million Swiss francs, or about $14...
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November 16, 2021
Peloton Soars After Stock Offering Attracts Major Investors
Peloton Interactive Inc. jumped as much as 15% after a $1 billion stock offering drew the interest of major investors, a sign Wall Street is ready to look past a grim forecast earlier this month. The shares rose as high as $54.45, marking the biggest intraday gain since March. The...
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November 16, 2021
Inside The Call: Beachbody’s Q3 Misses Plan On Weakening At-Home Fitness Demand
The Beachbody Company, which recently went public in an IPO, reported sales dropped 17 percent in the third quarter in part because new subscribers to its fitness content weakened amid a softening in at-home fitness demand. Looking ahead, Beachbody lowered its expectations for sales for 2021 to a range between...
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November 16, 2021
On Reports Third Quarter 2021 Financial Results
ZURICH---On Holding AG (NYSE:ONON) (“On,” “On Holding AG,” the “Company,” “we,” “our,” “ours,” or “us”), has announced its financial results for the third quarter ended September 30, 2021. Martin Hoffmann, Co-CEO and CFO of On, said: “The third quarter of 2021 has been the strongest in the history of the...
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November 16, 2021
USA TODAY NETWORK Ventures Endurance Events community surpasses $1 million raised in donations to St. Jude Children’s Research Hospital
MEMPHIS, Tennessee – Nov. 16, 2021 /ENDURANCE SPORTSWIRE/ - A snack-loving cartoon canine, three caped crusaders and a steaming cup of hot chocolate helped inspire an endurance community to participate in virtual and in-person USA TODAY NETWORK Venture Endurance Events, resulting in more than $1 million raised this year for St. Jude Children’s...
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November 16, 2021
Life Time and the Sea Otter Classic Introduce New Executive Gathering: Sea Otter Classic Summit April 5-7, 2022
MONTEREY, Calif. (Nov. 16, 2021) – Life Time Group Holdings, Inc. (“Life Time”) (NYSE: LTH), and the Sea Otter Classic are proud to introduce the Sea Otter Classic Summit, a brand-new global gathering of outdoor industry leaders focused on serving a diversified outdoor industry leadership group. The Summit will assemble...
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November 15, 2021
PeopleForBikes’ Vice President of Finance Erik Esborg Departing Organization
BOULDER, COLO (Nov. 15, 2021) /ENDURANCE SPORTSWIRE/ - After more than 17 years overseeing the financial operations of both the PeopleForBikes Coalition and Foundation, beloved staff member Erik Esborg announced he will be stepping down from his role as the organization’s vice president of finance next year. “It has been...
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November 15, 2021
Beachbody Q3 Revenues Decline 17 Percent
The Beachbody Company, Inc.'s sales declined 17% due to a drop in new health and wellness subscriptions. Total revenue was $208.1 million, a 17% decrease compared to 2020 and a 6% increase compared to 2019. Net loss was $39.9 million, compared to net income of $13.8 million in 2020 and...
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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,...