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.
January 29, 2026
Adidas achieves record sales in 2025, plans $1.2 billon share buyback
Adidas on Thursday said it would launch a share buyback of up to 1 billion euros ($1.2 billion) on the back of record 2025 sales that the German sportswear maker said benefited from stable prices in the face of U.S. tariffs. Adidas in October had warned of widespread discounting among...
January 28, 2026
Proposed New Hampshire Legislation Would Require ALL Bike Owners to Pay Registration Fees
The New Hampshire state motto may be “Live Free or Die,” but House Bill 1703 (HB1703) would make the state’s bike owners “pay fee or get fined.” This news comes a little over a week after New Jersey passed a new law requiring all e-bike owners to be licensed, registered, and insured....
January 28, 2026
Alpkit secures new investment to keep business running
Alpkit, the British outdoor brand that owns Sonder Bikes, has publicly announced it has completed a pre-pack sale to a new investor, after entering administration earlier this week. In a statement, the company said the move will secure the business long-term, allow it to retain all 194 jobs, and keep...
January 27, 2026
Alpkit enters administration having “faced incredible challenges over the last three years”
Alpkit has entered administration after three difficult years, and is in talks with a new owner and investment partner in an attempt to secure the bicycle and outdoors brand’s future. In a letter sent to shareholders via the investment platform Crowdcube, Alpkit CEO and co-founder David Hanney writes: “It is...
January 27, 2026
Grand Slam Track Made Just $1.8M While Racking Up $40M in Debt
The bankrupt running league Grand Slam Track revealed in new court filings that its debts have reached $40 million, and that it made less than $2 million in revenue last year when it launched with three track meets. The new filings offer the most complete financial picture of the league...
January 27, 2026
Life Electric Vehicles set to acquire Rad Power Bikes for $13.2 million
Life Electric Vehicles Holdings Inc. is expected to acquire Rad Power Bikes' assets for $13.2 million, outbidding four other companies during an auction for the e-bike brand that declared Chapter 11 bankruptcy protection last month. Based in Deerfield Beach, Florida, Life EV agreed to acquire Rad Power's assets for $13,276,102...
January 26, 2026
RIA Welcomes New Board Members and Names New Executive Team
The Running Industry Association (RIA) has elected four new members to its Board of Directors (Board), comprised of retailers, brands and associate (non-endemic) members. Members voted to appoint three new retail members and one new brand member to fill the open seats on the Board and serve three-year terms. RIA...
January 26, 2026
Nike slashes 775 jobs in US to speed up automation, boost profit
Nike is laying off 775 employees, a source familiar with the matter told Reuters on Monday, as the sportswear giant looks to boost profits and accelerate its use of automation. The cuts will primarily impact distribution center roles in Tennessee and Mississippi, where the sneaker giant operates large warehouses, the...
January 22, 2026
Under Armour Faces Data Breach
Under Armour said it’s investigating claims of a massive data breach after a cybercriminal posted millions of customer records to a hacker forum. Under Armour spokesperson Matt Dornic told TechCrunch that the company is “aware of claims that an unauthorized third party obtained certain data.” “Our investigation of this issue, with the assistance...
January 20, 2026
Peloton Sues US Government Over Tariffs, Joining Other Companies
Peloton and its commercial equipment division, Precor, have sued the federal government in the U.S. Court of International Trade seeking refunds on tariffs they paid. In the complaint, filed Jan. 7, the connected fitness giant argues the duties were unlawfully imposed under a series of executive orders beginning in early 2025, contending...
